Articles tagged “recovery”

An Airbnb pre-IPO stock split gives the company's potential public debut more momentum because its share price in theory would be lower. Of course, none of Airbnb's IPO paperwork is public yet so the particulars of the IPO are just guesswork for now.

There's no getting around it: The first half of 2020 has been grim for airlines. Hopes for a quick recovery have fizzled. Until the virus is contained or an effective vaccine or therapeutic is found, airlines will continue to struggle.

To find the paths out of this crisis, more and better data really is key. We have added more data points to better track the travel industry’s recovery, but it's not particularly good news.

The proverbial handwriting is on the wall for Airbnb, Facebook, Google, Tripadvisor, and Yelp, among others. The regulators are coming! The regulators are coming!

Booking Holdings may be calculating that partner memories aren't exceedingly long. On the other hand, with additional layoffs a possibility at flagship brand Booking.com, the parent company has its own problems to deal with.

Airbnb would have been eviscerated had it focused on a relief package for hosts that was primarily marketing credits. Expedia's recovery plan for partners isn't philanthropy, but although the company will likely take a revenue hit, it will benefit from increased partner engagement as the travel industry bounces back.

The LGBTQ travel community has historically been very resilient after downturns in travel. There are early indications that the bounce-back after the pandemic may show a similar dynamic.

Efforts to diversify markets, build new products, and raise service levels have been too slow. Hong Kong's tourism authorities finally see the light in these dark times.

Government relief or not, if a substantial coronavirus recovery doesn't take shape by June, it's hard to believe that Booking Holdings won't execute substantial layoffs like everyone else. Perhaps the crisis, too, will spur new discussions about enormous pay gaps between CEOs and their workers.

The battle between Booking Holdings, Airbnb, and Expedia is not just about which one will emerge with the thickest wad of cash. It is also about business models, revenue stream diversity, and product offerings meshing the best with traveler behavior that may never be the same.