Articles tagged “prices”

Chinese Online Platforms View the Great Travel Recovery as a Drawn-Out Process

Chinese Online Platforms View the Great Travel Recovery as a Drawn-Out Process

Dennis Schaal, Skift

An unfortunate first-mover in the pandemic, China, in turn, got an early start on its travel recovery. But officials at major travel companies there view a robust bounce back as taking a year or longer — and much of that pace depends on how quickly coronavirus gets neutralized in the rest of the world.

4 weeks ago

Expedia Axes Its Price-Matching Guarantee in a Sharp Break From the Past

Expedia Axes Its Price-Matching Guarantee in a Sharp Break From the Past

Sean O'Neill, Skift

Expedia's move seems odd, as hotel chains ramp up their direct-booking campaigns that include best-price guarantees. Our guess is that the company tested and found that most consumers are no longer swayed by price-matching offers. Or perhaps there was pressure from ongoing probes in Europe.

3 years ago

Rental car exec is very happy about his industry’s mergers and rising prices

Rental car exec is very happy about his industry’s mergers and rising prices

Dennis Schaal, Skift

Airline and car rental mergers may be good for the largest companies in their respective industries, but they usually mean price increases for travelers, as AvisBudget attests to.

7 years ago

Expedia is worried about the 21 class-action lawsuits it’s facing

Expedia is worried about the 21 class-action lawsuits it’s facing

Dennis Schaal, Skift

If you don't think Expedia and other online travel agencies are worried about this one, guess again. Laws in Europe and the U.S. over rate parity issues vary, but adverse rulings could really shake things up.

7 years ago

U.S. travel spending slowed growth in second quarter

Dennis Schaal, Skift

Travel and tourism spending by consumers and suppliers in the second quarter grew a bit faster than gross domestic product, but the growth rate for travel and tourism spending fell harder than the GDP growth rate when measured against their respective increases in the first quarter.

8 years ago