For Expedia Group CEO Ariane Gorin, there was a clear highlight for the company during the second quarter: Brand Expedia saw room night growth rise to nearly 20%. “Brand Expedia has been a great highlight for us,” Gorin told analysts and investors during the company’s...
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...
Traveling is a big part of many people’s New Year’s resolutions. If it’s one of your goals this year, PYMNTS’ Provider Rankings of Travel Apps can help you figure out where to go and where to stay. Each month, PYMNTS determines the most popular apps in the...
If you’re thinking about traveling in 2024, PYMNTS’ Provider Rankings of Travel Apps could help. Using metrics such as average users, the number of downloads and more, PYMNTS determines the most popular apps in the travel industry each month. Whether you’re planning a trip across...
October 11, 2019
Vacations are changing — and the tourism industry is changing along with it. The pace of innovation and disruption only promises to get faster as more travelers choose adventure over mere relaxation, and as urban experiences attract more travelers at the expense of, say, a traditional week spent along the beach or at a lake […]
November 07, 2023
Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals similar to Airbnb. Unlike other private-equity firms and institutional investors, TPG has opted for short-term rentals instead of longer lease periods, according to the Wall Street Journal Tuesday (Nov. 7). […]
October 30, 2023
Hotel and short-term rental management platform Jurny integrated with vacation rental site Vrbo. The integration lets hosts set up and manage listings on Vrbo’s 2 million-property site via Jurny’s centralized...
October 22, 2023
TravelNet Solutions has unveiled enhancements and extensions to its flagship product for the short-term rental industry, Track Property Management System. These new features include Payments, Reviews Management and Distribution Engine tools, the...
July 17, 2023
Expedia Group has unveiled a new loyalty program that rewards travel and hospitality business across the company’s portfolio. This single loyalty program called One Key unifies the travel brands Expedia,...