Expedia ended its supplier relationship with Hopper over a variety of business practices it finds abhorrent. Was there a competitive motive involved, as well? Yup.
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In some ways, Expedia Group's potential narrowing of the take rate gap with Booking Holdings has a lot to do with Booking's strategic decisions — pushing more into the U.S. and expanding its lower-margin flights business.
It is a charade for New York City to require hosts to have no locks on any bedroom door in their unit so guests and hosts can live in a "common household." On the other hand, requiring platforms to submit transaction reports doesn't seem unreasonable.
Airbnb naysayers don't have to lose sleep over tanking stock prices just yet. Contrary to the market response to a purported "bookings slowdown," summer travel demand is still high.
First-mover advantage from online travel companies in generative AI might not hold up over the long-term. The chessboard may get overturned. Still, getting out there first doesn't hurt.
The banking crisis and the macroeconomic environment are new headwinds for Sonder. Optimists and fans would say the company is making modest progress, but it is taking considerably longer than the company expected last year.