Articles tagged “tours and activities”

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

TUI Group Buys Musement as Tours and Activities Sector Stays Hot for Deals

Dan Peltier, Skift

The global heat map for tours and activities continues to burn bright this year as big players like TUI scoop up small players like Musement for back-end technology that will help them get more personalized products to travelers.

5 days ago

Viator’s Travel Agent Program Gets Mixed Reviews

Viator’s Travel Agent Program Gets Mixed Reviews

Paul Biasco, Skift

The market for off-the-beaten-path tours and experiences has been heating up this year with the emergence of Airbnb’s Experiences. TripAdvisor, which emphasizes on-the-beaten path offerings, is putting a huge effort into trying to stay on top. Its new travel agent program is part of that effort.

6 days ago

Budget Carrier AirAsia Is Trying to Become a Lifestyle Booking Site

Budget Carrier AirAsia Is Trying to Become a Lifestyle Booking Site

Dennis Schaal, Skift

Can a budget carrier like AirAsia also be an aspirational brand, and a hotel and activities booking site? The dual operations — running an airline and an online-travel-agency-like operation — seem like a big stretch. That's especially so when the airline is facing intense pressure from rising fuel costs.

6 days ago

Skift Forum Preview: TripAdvisor CEO Shrugs Off Advertising Slump as a Blip

Skift Forum Preview: TripAdvisor CEO Shrugs Off Advertising Slump as a Blip

Dennis Schaal, Skift

Here's an unorthodox thought in business: TripAdvisor CEO Steve Kaufer knows that the company's value proposition for its customers can remain strong even when the financials face difficulties every once in a while. That's a truism that sometimes gets lost when pundits focus merely on stock price variations.

1 week ago

Tour Booking Startup Evaneos Raises $80 Million

Tour Booking Startup Evaneos Raises $80 Million

Sean O'Neill, Skift

Overtourism is a struggle facing many destinations. Companies like Evaneos, which connects travelers with off-the-beaten-track tours and activities, may go some way to addressing the issue.

2 weeks ago

Skift Global Forum Preview: Startup Seeks to Turn Vacation Into Art

Skift Global Forum Preview: Startup Seeks to Turn Vacation Into Art

Sarah Enelow-Snyder, Skift

These days, not all experiences are created equal. In-depth, time-consuming, even taxing activities will actually do the word "experience" justice, though they may not attract the mainstream.

3 weeks ago

Booking Holdings Bought HotelsCombined for Only $140 Million

Booking Holdings Bought HotelsCombined for Only $140 Million

Dennis Schaal, Skift

Don't you just love those proverbial tuck-in acquisitions? Booking Holdings didn't break the bank for either HotelsCombined ($140 million) or FareHarbor ($250 million). Sometimes making smaller bets is a much smarter strategy than gargantuan deals, but only time will tell.

1 month ago

Klook Raises $200 Million to Expand Activity Bookings

Klook Raises $200 Million to Expand Activity Bookings

Sean O'Neill, Skift

Given its new lofty valuation of more than $1 billion, Klook has become too expensive for most online travel companies to justify as an acquisition. But would a possible IPO within a few years be successful?

1 month ago

Video: GetYourGuide Is Playing the Long Game With Activity Booking

Video: GetYourGuide Is Playing the Long Game With Activity Booking

Sarah Enelow-Snyder, Skift

The vast majority of tours and activities are still being booked offline the old-fashioned way, so theoretically, the digital players can each have their piece of the pie.

3 months ago

Activities Tech Provider Peek Raises $23 Million

Activities Tech Provider Peek Raises $23 Million

Sean O'Neill, Skift

The latest investment comes just in time for Peek, a maker of enterprise software. Its rivals FareHarbor and Bokun have recently been snapped up by larger acquirers Booking Holdings and TripAdvisor. Clocks are ticking.

3 months ago

GetYourGuide Will Market Some Tours and Activities Under Its Own Brand

GetYourGuide Will Market Some Tours and Activities Under Its Own Brand

Sean O'Neill, Skift

GetYourGuide is betting that travelers will prefer to book GetYourGuide-branded tours over locally branded ones. This diagonal integration echoes marketing moves made by Oyo in hotels and RedAwning in lodging rentals. But will it work?

3 months ago

Tours and Activities Sector Still Faces Challenge of Moving Bookings Online

Tours and Activities Sector Still Faces Challenge of Moving Bookings Online

Patrick Whyte, Skift

Everybody wants a piece of the tours and activities sector, but how easy is it going to be to migrate all those businesses that currently operate offline to online?

3 months ago