How technology and data are redefining hotel distribution - Maintaining an offline distribution network can be costly and time-consuming and often requires substantial discounts and incentives to intermediaries.
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Booking.com suffers legal defeat in EU over best price clauses - The OTA suffered a defeat on Thursday with its former best-price clauses before the EU's top court, the European Court of Justice (ECJ).
Sep 20, 2024 • Hospitality
Hotel Engine reaches a $2.1 billion valuation, rebrands as Engine - The company secured $140 million in Series C funding, raising its valuation from $1.3 billion to $2.1 billion.
Sep 19, 2024 • Hospitality
Booking.com outpaces Airbnb in short-term rental growth - Booking Holdings' short-term rental segment is growing faster than Airbnb's, and the OTA is focused on maintaining that growth.
Sep 19, 2024 • Hospitality
Airbnb's future is not just about travel - At the 2024 Skift Global Forum in New York, the company's CEO said that he hopes to eventually expand beyond just short-term rentals and even travel.
Sep 19, 2024 • Hospitality
Hotels not dependent on platforms, says Booking.com - Booking.com's latest PR initiative tries to make the case that while concerns about companies becoming dependent on certain platforms may be valid, hotel distribution is certainly not.
Sep 17, 2024 • Hospitality
Expedia offers curated trip recommendations - The OTA is launching a feature in its iOS app called Travel Shops where creators can share and save their travel recommendations.
Sep 17, 2024 • Hospitality
The consumer has changed, distribution has changed - Accor has discontinued the global distribution of static rates and now works exclusively with four online distributors - Expedia, Infinite, Webbeds and Hotelbeds - through direct connections.
Sep 17, 2024 • Hospitality
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