Articles tagged “traveloka”

Airlines have complained about the hidden costs of online travel agency web-scraping for years, but Southwest takes that sensitivity to a much higher strategic level. Kiwi apparently is adept at out-maneuvering Southwest's page-scraping roadblocks so the courts will have to sort it all out.

PayPal co-founder Peter Thiel and Hong Kong investor Richard Li are emerging as frontrunners with their Bridgetown Holdings venture to help this fast-growing travel startup finally list.

In its rough outlines, Expedia begot Trip.com Group while Kayak and ITA Software begot Google Travel. Get ready for a flurry of clones in fintech, superapps, and subscription services in travel. In fact, it's already happening.

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Airbnb officials fell in love with the perceived artistry of their TV commercials, which don't have a targeted message. That could produce aftershocks later this year if rivals take advantage.

Will Airbnb continue on its magic carpet ride after it reports its first earnings as a public company? Does the Airbnb brand beat Booking Holdings' real-world businesses, including hotels, flights and metasearch? Or has the market already decided that question?

In Skift's top travel stories this week, we covered Hilton's red ink, the passing of Marriott's Arne Sorenson, Tripadvisor's new subscription plan, hotel openings in Asia, and South Africa's historic equity fund.

Profit, revenue and trends became less relevant during the pandemic so many travel businesses with deeper pockets used the standstill to rethink their strategies. Plenty of the new efforts will fail, but on the other side of the crisis, some of these businesses will look significantly different.

Traveloka is strengthening its local offerings with a potential public listing in its future, either through a traditional IPO or a red hot SPAC. The approach may be paying off as the company works to bolster its operations for a post-pandemic world, but how much more localization can the app offer?

Enthusiasm for IPOs is booming in the wake of Airbnb's sensational debut as a public company. But only a handful of startups, possibly including Turo, Traveloka, Yanolja, Gett, Tujia, SiteMinder, Sonder, and Vacasa, may have enough positive growth in 2021 to woo investors.