All airlines need to strike a balance between direct and third-party sales online. The PROS acquisition of fast-growing tech vendor EveryMundo highlights the opportunity to change the mix.
Riding the hot vacation rental market, TurnKey Vacation Rentals did well for its investors — especially if the Vacasa stock price holds up in its pending public market debut.
Booking Holdings is on a pre-Christmas buying spree after announcing two pending acquisitions, ETraveli Group and Getaroom, within two weeks. Both are mostly back-of-the-house acquisitions that will bolster Booking's flight and hotels business.
Booking Holdings hasn't given adequate focus to its partnerships business in the past, ceding much ground to Expedia Group on that front. Acquiring hotel distributor Getaroom will give potential affiliates another reason to sign up.
Sonder revenues are rising while its losses are widening, even as SPAC deals are coming under additional pressure. The new funding raised will help continue to focus on building the company and hopefully keep the economics in check enough to complete the deal.
Hotels adopting the airline industry's à la carte pricing model is a hot-button issue, but MCR Hotels CEO Tyler Morse is onto something by adopting it at venues like the TWA Hotel. The model can be the financial life raft hotel owners need after more than a year of decimated business.
Greg O'Hara of Certares argued that this is the easiest time to make travel investments ever — "if you are an expert." That's an important caveat, and we are skeptical that it is still not as easy as O'Hara lets on.
With the lifestyle hotel sector set to boom in the post-pandemic market, an industry-pioneering new joint venture between Accor and Ennismore is guiding the way forward.