European regulators say Booking.com must comply with the Digital Markets Act (DMA). The European Commission (EC) announced Wednesday (Nov. 13) that Booking Holdings — the travel website’s parent — had been designated as a “gatekeeper” under the DMA and must make sure the company adheres to...
Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings...
Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company’s efforts to advance its “connected trip” vision, to continue developing its artificial intelligence (AI) capabilities and to grow alternative accommodations all saw progress during the...
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global...
August 16, 2024
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global reach to boost cross-brand engagement. Airbnb is prioritizing unique experiences […]
November 03, 2023
The latest ISM Services PMI reading came in at 51.8 in October, down from a 53.6 reading in September. A reading above 50 notes expansion — but the expansion is...
May 22, 2023
Despite earnings losses, carriers predict soaring demand as the United States enters the summer travel season. Airlines’ summer flight forecasts range from rosy to hesitant after a disappointing holiday travel season, The...
January 09, 2023
One week in, and the CE 100 Index has already gained some ground, up 2.7%. This time around, the tailwind came as investors notably bid up stocks tied to several...
November 18, 2024
U.S. Bank has launched a travel booking platform for its credit card holders. The U.S. Bank Travel Center with Booking.com, announced Monday (Nov. 18), lets cardholders reserve flights, rental cars and hotels via Rocket Travel by Agoda’s booking technology and travel planning expertise. “Whether paying for travel with points or cash, our cardholders will enjoy […]
November 14, 2024
European regulators say Booking.com must comply with the Digital Markets Act (DMA). The European Commission (EC) announced Wednesday (Nov. 13) that Booking Holdings — the travel website’s parent — had...
November 10, 2024
Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include...
October 30, 2024
Booking Holdings is seeing early results from growth initiatives while also recording better-than-expected gains in the third quarter. The company’s efforts to advance its “connected trip” vision, to continue developing...
