Articles tagged “online travel agencies”

Culture Trip Struggles to Justify Massive Investment

Culture Trip Struggles to Justify Massive Investment

Patrick Whyte, Skift

We get it, startups often have to accept substantial losses in order to quickly expand a particular business. But given the size of Culture Trip's revenue and the market in which it operates, it's difficult to see why investors have pumped more than $100 million into the business.

5 days ago

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel

Patrick Whyte, Skift

Thomas Cook's collapse was a disaster played out in slow motion. An ill-fated acquisition spree, a bloated retail footprint, and a commoditized product left it unable to deal with changes in consumer behavior and economic shocks.

2 weeks ago

Marriott and Expedia Exclusive Agreement Will Retake Control of Wholesale Rates

Marriott and Expedia Exclusive Agreement Will Retake Control of Wholesale Rates

Dennis Schaal, Skift

In an I-just-saw-an-elephant-fly moment, Marriott International will be directing businesses to Expedia Group to access certain Marriott wholesale rates. Bedbanks, tour operators, and smaller online travel agencies that play games with room rates are put on notice.

4 weeks ago

Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules

Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules

Sean O'Neill, Skift

The collapse last week of Amoma suggests that an industrywide crackdown on online travel agencies that violate hotel contracts is getting serious. For example, many hoteliers have wanted Hotelbeds to crack down on bad behavior by some agencies. The distributor of wholesale rates has responded by taking action.

1 month ago

Skift Global Forum Preview: Vacasa Dominates Vacation Rentals With Acquisitions and Digital Tech

Skift Global Forum Preview: Vacasa Dominates Vacation Rentals With Acquisitions and Digital Tech

Danni Santana, Skift

The hospitality industry is still working to figure out the vacation home rental market. Vacasa, the market leader in the space with respect to total managed properties, may just have a leg up on the competition.

1 month ago

Amoma.com Troubles May Delight Hoteliers That Hate Its Rate Discounting

Amoma.com Troubles May Delight Hoteliers That Hate Its Rate Discounting

Sean O'Neill, Skift

Hoteliers probably disliked Amoma.com more than any other online travel agency in the past few years. Amoma often undercut hoteliers on price. Now its reported troubles may have repercussions across the hotel and online travel industry for companies like Hotelbeds, Google, and Booking.com.

1 month ago

Attention Travel Companies: Brexit Contingency Reveals Potential for Data Disruption

Attention Travel Companies: Brexit Contingency Reveals Potential for Data Disruption

Patrick Whyte, Skift

We know how hot the European Union is on data protection — just look at GDPR — so it's no surprise that it hasn't hurried through legislation to cover a no-deal Brexit. It leaves companies facing an uncertain future should the UK crash out on October 31.

1 month ago

Skift Global Forum Preview: Kiwi.com CEO Wants to Build a Rival to Expedia

Skift Global Forum Preview: Kiwi.com CEO Wants to Build a Rival to Expedia

Sean O'Neill, Skift

Setting up a site for selling plane tickets is fairly easy. Building a startup into a globally recognized travel agency is much harder. Kiwi.com's CEO Oliver Dlouhý believes his company can defy the odds. But what comes next may be the toughest part of the journey.

1 month ago

Skift Global Forum Preview: Why Airbnb Turned to HotelTonight for Its Data Savvy

Skift Global Forum Preview: Why Airbnb Turned to HotelTonight for Its Data Savvy

Sean O'Neill, Skift

HotelTonight's acquisition by Airbnb last March represented a happy outcome, but it wasn't inevitable. Back in 2015, HotelTonight faced layoffs and fundraising hiccups. Here, co-founder and CEO Sam Shank shares some of the ways he got his company back on track.

1 month ago

Hilton Doubles Down on Direct Booking Ad Strategy by Targeting Younger Travelers

Hilton Doubles Down on Direct Booking Ad Strategy by Targeting Younger Travelers

Danni Santana, Skift

Hilton's new ad campaign rollout last year clearly opened the company's eyes to reaching younger generations to build its leisure business.

1 month ago

Skift Global Forum Preview: Marriott’s Loyalty Program Key to Competing With Airbnb and All-Inclusive Players

Skift Global Forum Preview: Marriott’s Loyalty Program Key to Competing With Airbnb and All-Inclusive Players

Danni Santana, Skift

Marriott believes it has a responsibility to make every type of lodging accommodation available to travelers. That, in a nutshell, explains the company's activity — and challenge — so far in 2019.

1 month ago

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Danni Santana, Skift

Property management systems are not the most exciting topic to discuss when assessing a hotel's tech prowess, but they are core to any company's ability to sell as many rooms as possible.

2 months ago