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Today's Brief
Expedia's different bet
- Booking.com sells visibility. Expedia sells plumbing. In an AI-disrupted market, plumbing may be the better business—but it's still plumbing.
Jan 26, 2026 •
Hospitality
Sabre defines its role in the AI travel stack beyond discovery
- Why booking, servicing, and lifecycle execution — not discovery — define Sabre’s agentic strategy.
Jan 26, 2026 •
Hospitality
tambourine
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Corporate travel costs diverge in 2025
- Hotels get pricier while flights and cars become cheaper for U.S. business travelers.
Jan 26, 2026 •
Travel
Amex GBT upsizes loan to strengthen balance sheet and fund growth
- Refinancing improves liquidity and accelerates technology-led expansion in corporate travel.
Jan 26, 2026 •
Travel
Geopolitical tensions weigh on travel stocks, Bernstein says
- Tariff threats may not hit travel directly, but second-order effects could shape travel demand and valuations.
Jan 26, 2026 •
Travel
Rethinking the real threat of short-term rentals for hotels
- Why opportunistic supply, regulation, and data—not disruption—should guide hotel strategy.
Jan 26, 2026 •
Hospitality
... in case you missed it, our
Daily Brief January 23, 2026
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