Airbnb bets big on rooms, new checkout, pricing displays
Airbnb is going back to its roots – renewing its focus on individual rooms within larger properties, a concept CEO Brian Chesky calls “the soul of Airbnb.”
The introduction of “Airbnb Rooms” – with 1 million listings in the category - is part of the company’s Summer 2023 release, whic [...]
Google offering price guarantee and refunds on select flights
“Algorithms are confident that the price you find is the lowest available.”
Google is offering a price guarantee on flights that gives consumers a refund if the airfare purchased drops before departure.
The pilot program is available on select itineraries where the company says its “algor [...]
Expedia Group CEO says metrics show strategy is working
Expedia Group CEO Peter Kern says the company’s strategy to add loyalty members and drive app usage is “showing accelerating improvement” and is the foundation of the company’s growth.
In a call with financial analysts to discuss the company’s results for the fourth quarter and full year [...]
Hopper and Capital One extend partnership fueled by new $96m investment
Capital One is investing an additional $96 million in Hopper and extending its partnership with the travel company.
In March 2021, Capital One led Hopper’s Series F round of $170 million. That investment marked the launch of Hopper Cloud, the company’s B2B initiative, with Capital One as its [...]
Agoda’s Tim Hughes on preparing for the coming travel boom
As travel begins booming again in some parts of the world, the travel market in Asia Pacific continues to face significant challenges in its recovery, according to Phocuswright’s Asia Pacific Travel Market Report 2021-2025.
Agoda’s vice president of corporate development, Tim Hughes, estimat [...]
Expedia Group posts highest ever Q2 revenue and profit
Expedia Group’s second quarter financial report includes several records for the global travel company – with the highest ever revenue and adjusted EBITDA for Q2, as well as the highest lodging bookings in the company’s history.
Revenue in the quarter was $3.2 billion, up 51% year-over-year [...]
Tiqets expands distribution with Trip.com Group integration
Travelers using Trip.com Group’s brands, including Trip.com, Ctrip and Skyscanner, can now book entry directly in those platforms at more than 4,000 museums and attractions around the world through an integration with Tiqets.
Tiqets founder and president Luuc Elzinga says the company [...]
Omio raises $80m to fuel global expansion
GROUND transportation platform Omio has raised $80 million that it will use to create “a globally unified transportation network on a single digital platform.”
The funding comes from new investors Lazard Asset Management and Stack Capital Group as well as existing investors NEA, Temasek and f [...]
Airbnb enables “split stays” to ease inventory woes
IN what has become a familiar cadence of biannual comprehensive updates, Airbnb is releasing the newest version of its platform, described as “the biggest change to Airbnb in a decade.”
In 2021, Airbnb also released widespread revisions in May and again in November.
One of the most interes [...]
Q&A: Travelport on IPO, Russia, growth plans
SIX months after Greg Webb became CEO of Travelport in August 2019, COVID-19 emerged to wreak havoc on the travel industry, bringing many elements of it to a standstill. But Travelport has been plowing ahead with changes, offloading businesses including Locomote and eNett, rebranding the company and [...]
