Articles tagged “opentable”

If the impact of coronavirus gets worse, and if the company doesn't tap any additional borrowings, Booking Holdings probably has enough money to pays its obligations until the second half of 2021 — but it can't guarantee that will be the case. This has potential chilling implications for weaker competitors, let alone tens of thousands of smaller businesses that will likely be long gone by then.

Could investors be whispering in Glenn Fogel's ears that what's good for Barry Diller's Expedia Group might be beneficial for Booking Holdings as well? Booking Holdings is usually a first mover in such online travel initiatives, but in this case, when it comes to cost cutting, it appears as though Booking Holdings heard the rumblings emanating from Expedia Group's Seattle headquarters.

Booking.com may be a household name in Europe, but Kayak and OpenTable are far better known in the United States. Parent company Booking Holdings is touting the three companies' ties to advantage Booking.com in a way that might be a tad confusing to travel industry executives or NYU Hospitality students, but consumers could care less.

There's little doubt that Tans' abrupt departure, without any transition time, points to conflicts within Booking Holdings over the company's strategic direction.

Expedia has dealt with a ton of distractions in recent years as it acquired Wotif, Travelocity, Orbitz Worldwide, and HomeAway, for example. CEO Mark Okerstrom wants to focus on the basics instead, and doesn't want to take bold steps into dining reservations or food delivery for now. On the other hand, Expedia is a very acquisitive company so never say never.

Online travel's two most influential female executives, Ctrip's Jane Jie Sun and Booking.com's Gillian Tans, will now deliberate around the table together at Ctrip board meetings. Ctrip felt the need to announce that the two companies are strengthening their ties after Booking's 2017 investment in Ctrip rival and IPO-bound Meituan-Dianping.

Expect more travel brands to extend their reach into the dining experience going forward, especially since consumers have to eat every day and may only travel on occasion. And after all, the way to anyone's heart is through their stomachs, right?

Can Resy do more than just restaurant bookings for Airbnb? Our answer is a resounding yes.

OpenTable's expansion to international markets obviously includes reservations, but the company seems to be pushing restaurant discovery even harder.

Robots aren't going to take over restaurants, ever (you heard it here first) — but tech is creeping into every aspect of dining out, and OpenTable's report proves consumers aren't afraid of it.