Articles tagged “fogel”

The emotional button that trip-planning pushes the most in the post-pandemic era is anxiety. Booking Holdings is looking to assuage trip worries with products and services it is ramping up.

Booking Holdings CEO Glenn Fogel said the pandemic had no redeeming value. But his company will coincidentally be well-placed for the recovery thanks to the new consumer awareness of alternative lodging.

All of the world's consumers and businesses will suffer if governments turn the internet into a "splinternet." Booking Holdings CEO Glenn Fogel is one of rare U.S. public figures to say this out loud.

Government relief or not, if a substantial coronavirus recovery doesn't take shape by June, it's hard to believe that Booking Holdings won't execute substantial layoffs like everyone else. Perhaps the crisis, too, will spur new discussions about enormous pay gaps between CEOs and their workers.

The Priceline Group is in the catbird seat in online travel — for now — while Expedia is a much smaller company with so much ground to make up. Expedia's Okerstrom is laudably talking tough about his ambitions to propel his company forward. But 2017, so far, has been anything but easy for the two newbie CEOs.

The selection of Glenn Fogel as CEO is likely one that will please Wall Street as he represents stability and is highly regarded inside the travel industry and beyond it. Is it purely coincidence that the Group announces its CEO pick after eight months of looking, hours before Expedia's Trivago is slated to price its IPO? Probably not.