Articles tagged “wholesalers”

Hotels

Expedia CEO to Hotel Owners: Stamp Out Rogue Wholesale Rates

Hotels aren't doing enough to keep their wholesale rates off of smaller retail travel sites. That is damaging to Expedia's effort to gather the best prices online.

Sean O'Neill | 3 months ago

Expedia CEO to Hotel Owners: Stamp Out Rogue Wholesale Rates

Airlines

American Airlines’ Lawsuit Against Ticket Consolidator Reveals Details About Hidden Practices

The whole airline consolidator business model lends itself to cutting corners and difficulties in enforcing contractual rules.

Dennis Schaal | 8 months ago

American Airlines’ Lawsuit Against Ticket Consolidator Reveals Details About Hidden Practices

News Blog

Hotelbeds Touts New General Counsel’s IPO Experience

Hotelbeds, which reportedly hired bankers a couple of months ago to ready an initial public offering, has appointed a new general counsel, and the hotel wholesaler touted her experience in compliance and taking companies public. Source: Hotelbeds Sagrario Fernández, who now leads Hotelbeds' legal and compliance teams, "brings a wealth of experience in IPO processes…

Dennis Schaal | 9 months ago

Coronavirus

First and Only Leader of Hotelbeds Steps Aside for New CEO Charged With Amping Up Digitization

It's an occasion to pause and appreciate the accomplishment of Joan Vilà, who created Hotelbeds and led it to become the world's largest bedbank. But looking ahead, Hotelbeds must rev up its digital metabolism.

Sean O'Neill, Skift | 3 years ago

First and Only Leader of Hotelbeds Steps Aside for New CEO Charged With Amping Up Digitization

Online Travel

Tripadvisor Takes Unusual Route With Private Equity Help to Build Its New Subscription Offering

Private equity firm Certares is leveraging its brand assets the way a Booking Holdings might do when Booking.com shares inventory with sister company Priceline. This isn't the usual private equity playbook.

Dennis Schaal, Skift | 3 years ago

Tripadvisor Takes Unusual Route With Private Equity Help to Build Its New Subscription Offering

Online Travel

Will Airbnb Pop or Fizzle After Its First Earnings Announcement?

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?

Dennis Schaal, Skift | 3 years ago

Will Airbnb Pop or Fizzle After Its First Earnings Announcement?

Online Travel

Expedia, Others Poised for Hotel Market Share Battle Over Wholesale Sales

Hoteliers sent about $50 billion of rooms a year through wholesalers in normal times. Expedia Group and WebBeds want to take larger shares of that market. But private equity-backed companies like Hotelbeds and Fastpayhotels see an opportunity, too.

Sean O'Neill, Skift | 3 years ago

Expedia, Others Poised for Hotel Market Share Battle Over Wholesale Sales

Coronavirus

Hotelbeds Boss Isn’t Worried About the Model of Nonrefundable Rates in a Post-Crisis World

The hotel room bedbank Hotelbeds confirmed on Thursday that it had received a loan of about $435 million (€400 million), boosting its cash cushion. But will cautious travelers be as interested in the company's typically non-refundable rates and otherwise typically restricted offers during months of uncertainty about possible travel restrictions?

Sean O'Neill, Skift | 4 years ago

Hotelbeds Boss Isn’t Worried About the Model of Nonrefundable Rates in a Post-Crisis World

Business Travel

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Mondee's acquisition of fast-growing CTS (Cosmopolitan Travel Service) makes the group North America's largest airfare wholesaler by market size. Notably, Mondee could afford the deal thanks to fresh backing by TCW Group, a giant asset management firm. Lots of institutional money is seeking opportunities in travel this year.

Sean O'Neill, Skift | 4 years ago

Mondee Buys Airfare Wholesaler in Play for Ethnic Travel Agencies

Online Travel

Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules

The collapse last week of Amoma suggests that an industrywide crackdown on online travel agencies that violate hotel contracts is getting serious. For example, many hoteliers have wanted Hotelbeds to crack down on bad behavior by some agencies. The distributor of wholesale rates has responded by taking action.

Sean O'Neill, Skift | 5 years ago

Wholesaler Hotelbeds Cuts Ties to Booking Sites That Break Hotel Distribution Rules