Travel Sector news and trends

Booking Holdings Says ‘Connected Trip’ Attracts New, Repeat Travelers
Earnings // May 02, 2024

Online travel company Booking Holdings is seeing results from its deployment of new tech-driven initiatives. These initiatives include its “connected trip” vision, its artificial intelligence (AI) capabilities and its enhanced Genius loyalty program, Booking Holdings CEO Glenn Fogel said Thursday (May 2) during the company’s quarterly earnings call. While distinct from...

Expedia’s B2B Segment Thrives While B2C Struggles for Momentum
Earnings // May 02, 2024

Expedia Group’s first-quarter results, released on Thursday (May 2), indicate a healthy yet more stabilized global travel market, albeit with slightly subdued gross bookings.  On a call with analysts and investors, outgoing CEO Peter Kern noted that while “North America remains the slowest growing geography relative to major international...

Eclipse Spotlights a Revenue Opportunity for Travel Sector
Travel Payments // April 07, 2024

This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of totality” are witnessing unprecedented demand for lodging from eager consumers who want to see the...

Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
Acquisitions // March 06, 2024

Tripadvisor is reportedly considering a takeover bid from Apollo Global Management. The travel information service has been working with advisers to consider any takeover interest since last month after its board authorized talks on a possible acquisition, Bloomberg reported Wednesday (March 6). Apollo Global Management has expressed interest...

Quick Reads
Booking Holdings Says ‘Connected Trip’ Attracts New, Repeat Travelers

May 02, 2024
Online travel company Booking Holdings is seeing results from its deployment of new tech-driven initiatives. These initiatives include its “connected trip” vision, its artificial intelligence (AI) capabilities and its enhanced Genius loyalty program, Booking Holdings CEO Glenn Fogel said Thursday (May 2) during the company’s quarterly earnings call. While distinct from each other, these efforts fit together into the company’s ongoing […]

Eclipse Spotlights a Revenue Opportunity for Travel Sector

April 07, 2024
This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that are on the “path of...

Report: Tripadvisor Considering Takeover Bid From Apollo Global Management

March 06, 2024
Tripadvisor is reportedly considering a takeover bid from Apollo Global Management. The travel information service has been working with advisers to consider any takeover interest since last month after its board authorized...

Businesses Reconsider Travel Amid Cost-Cutting and Environmental Concerns

February 25, 2024
Business travel has changed for thousands of workers, thanks to COVID, cost-cutting and environmental worries. That’s according to a Sunday (Feb. 25) Financial Times (FT) report, which says some big...