Articles tagged “google”

Google Travel Is Worth $100 Billion — Even More Than Priceline

Google Travel Is Worth $100 Billion — Even More Than Priceline

Jared Wein, Skift

While some may disagree, we believe that Google is not becoming an online travel agency. It certainly could do so, but its travel business is already massive and highly profitable. We estimate it will generate around $14 billion in revenue in 2017, and will grow at over 20 percent per year for the foreseeable future.

6 days ago

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Google Could Take Revenge on Uber With $1 Billion Lyft Investment

Mark Bergen and Eric Newcomer, Bloomberg

While Alphabet's Waymo self-driving car unit is tied up with litigation against Uber, Alphabet/Google can inject some much-needed cash into Lyft. Side note: Uber's new CEO, the former Expedia boss, would have another reason to be miffed at Google.

1 week ago

Google Sues to Block EU Antitrust Fine as Travel Probe Could Be on the Agenda

Google Sues to Block EU Antitrust Fine as Travel Probe Could Be on the Agenda

Aoife White, Bloomberg

Google's move to appeal the fine will tie up the matter in litigation for an extended period. Meanwhile, much of the travel industry is waiting for the other boot to drop — a probe into Google's travel practices, as EU officials have hinted.

2 weeks ago

Google May Finally Face a Showdown With Regulators Over Its Evolving Travel Tools

Google May Finally Face a Showdown With Regulators Over Its Evolving Travel Tools

Sean O'Neill, Skift

Google now prods its users to try to cut their travel costs by considering alternative airports and other tricks. Yet the incremental moves may not appease a European watchdog that may question its broader business practices in travel.

3 weeks ago

The Other Reason Expedia’s CEO Would Have Left His Company

The Other Reason Expedia’s CEO Would Have Left His Company

Dennis Schaal, Skift

What would make Expedia obsolete and cause Khosrowshahi to leave? Expedia's apparently outgoing CEO answered that question for us last year and talked about big technology trends a few years in the offing. But is he bolting because he thinks Expedia's best days are behind it?

4 weeks ago

Google Is Testing Vacation Rental Search in Its Hotel Price-Comparison Tool

Google Is Testing Vacation Rental Search in Its Hotel Price-Comparison Tool

Sean O'Neill, Skift

In tests involving about 7,000 property listings in Europe, Google is checking if travelers would like to use it to search and book vacation rentals. Online travel rivals should be on the alert.

2 months ago

Google Expands Waze Carpooling Across California

Google Expands Waze Carpooling Across California

Michael Liedtke, Associated Press

Waze carpooling isn't going to upend Google's business model but it can provide Google with valuable data for targeted advertising, and future ride-sharing and driverless car services.

3 months ago

Google Slapped With Record $2.7 Billion EU Antitrust Fine for Biasing Search Results

Google Slapped With Record $2.7 Billion EU Antitrust Fine for Biasing Search Results

Aoife White, Bloomberg

This is a big defeat for Google although with $90 billion in cash, the $2.7 billion fine won't imperil the company. This ruling is about shopping and doesn't impact Google's travel services, although it gives Google's travel critics a bit of momentum.

3 months ago

Google Picks Avis to Run Its Self-Driving Car Fleet Pilot Program

Google Picks Avis to Run Its Self-Driving Car Fleet Pilot Program

Mark Bergen, Bloomberg

Using car rentals to get consumers familiar with the technology is a smart move. Smart enough that Apple had the same idea today, too.

3 months ago

Google Critic No Longer Leading Candidate to Head U.S. Federal Trade Commission

Google Critic No Longer Leading Candidate to Head U.S. Federal Trade Commission

Jennifer Jacobs and David McLaughlin, Bloomberg

If European regulators slap Google with a multi-billion dollar fine over its search practices, will the U.S. Federal Trade Commission or Justice Department just sit back and watch the action from a far. Expedia, TripAdvisor, Yelp and many others have a keen interest in the pick to head the FTC.

3 months ago

Video: Google Exec Says Hotel Ads Are the Big Moneymaker in Europe

Video: Google Exec Says Hotel Ads Are the Big Moneymaker in Europe

Dennis Schaal, Skift

It doesn't surprise any soul who knows the travel industry that Google Hotel Ads is the breadwinner and Google Flights takes a back seat revenue-wise, but it's nice to hear Google finally say it.

4 months ago

Amazon Echo Hears a Challenge From Google in Voice-Powered Travel Search

Amazon Echo Hears a Challenge From Google in Voice-Powered Travel Search

Sean O'Neill, Skift

Despite the hype, neither the Amazon Echo nor the Google Home is delivering the goods yet for voice-command travel research. Google's effort has the most promise, though.

5 months ago