Articles tagged “uber”

If you think Dara Khosrowshahi is going to toggle a switch and turn Uber into the next Expedia or Booking, then consider the years-long effort Booking Holdings is putting into building "the connected trip." Who's going to plan a vacation and start with a rideshare app?

In Skift's top stories this week, luxury hospitality fails to live up to its longtime grandeur, corporate travel thrives in the first quarter, and Expedia Group appoints a Google executive to plot its advertising strategy.

The travel industry tends to portray remote work with Instagram-friendly images of people working on their laptops by beaches or pools, but politicians warn of psychological and social risks, gender inequality, and falling salaries. The hunt for the middle ground has begun.

Good morning from Skift. It's Thursday, April 7, in New York City. Here's what you need to know about the business of travel today.

We shouldn't be too surprised, considering Uber's Dara Khosrowshahi was previously the CEO of Expedia Group. But technical questions will remain over how a ride-hailing and food delivery app can transform into a superapp so quickly.

A record deal by Hertz to buy 100,000 Teslas and deeper agency technology integrations are helping meet a revived corporate demand.

Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.

No big surprises on Google Maps, but Booking.com outpaced rival Airbnb in downloads in the online travel agency category globally by nearly 20 million in 2021. That's not a game-changer, but it's important if Booking is going to eat into Airbnb's daunting direct-booking advantage.

Listen now to a conversation with Uber CEO Dara Khosrowshahi at Skift Global Forum in September 2021 in New York City.

Uber in recent years has been offloading operations in geographies where it can't compete. Its CEO Dara Khosrowshahi, who is an Expedia board member, knows that Expedia's Vrbo, too, can't launch a frontal assault against the larger Airbnb, but has to invest into its strength. That's worked to a degree.