Articles tagged “regulations”

Superapps and connected trips would take a hit if Google were forced to self-immolate. However, competition would flourish if authorities curtail Google bias.

The STR industry in APAC is at a nascent stage with promising growth prospects. It is to be seen how the STR market matures to find its demand-supply equilibrium and market leaders.

John Boccieri, a United Airlines pilot, vice commander of the Pittsburgh U.S. Air Reserve base and a former U.S. Congressman from Ohio, is one of the more intriguing names being mentioned to succeed outgoing Steve Dickson as the FAA Administrator.

As the Booking.com vice president said, consumers do indeed have myriad choices in how to book hotels in Europe. But it is also true that Booking.com wields a lot of power when it comes to the prospects for the large swath of independent hotels in the region.

Under Chris Lehane, Airbnb has often irritated and outraged local government leaders and short-term rental peers. But as we know about negative campaigns and hardball tactics, they often get results.

Several travel-oriented, special purpose acquisition companies are out there that have not announced merger partners. A SPAC glut and the lackluster performance of several online travel or short-term rental companies that recently went public could have some of the hunters coming up empty.

Booking.com doesn't want affiliates or other partners to make unsubstantiated promotional claims about the online travel agency having the "best," meaning the lowest prices, which it admits it doesn't have. With regulators in Europe and elsewhere watching its every move, Booking.com doesn't want to play like that.

Booking.com has prided itself on being a household name in its European home base, but will have a tough time avoiding a European Commission designation of gatekeeper. Such stature could bring increased restrictions.

The entire hospitality industry would agree that short-term rentals led the tentative recovery in the spring and into the summer in many parts of the world. But a key question will be how will they respond when hotels and cities come back in earnest — and with vaccines a real possibility, they certainly will.

Despite the Covid-19 hit, Airbnb stands above its fellow travel rivals due to its ability to continue to book sales during the crisis and turn those stays into cash flow.