Booking.com has a problem - While Booking Holdings’ ticked all the boxes with its 2023 earnings, its projected 7% growth for 2024 sharply contrasts with last year's 24%.

Feb 26, 2024 • Hospitality

Independent hotels need a chance to compete - Each year hotels pay more than $50 billion to OTAs like Expedia and Bookings, which control 90 percent of the online hotel marketplace.

Feb 26, 2024 • Hospitality

OTAs gear up for fresh competition - Booking.com and Expedia are likely to start seeing more competition in future from upcoming China-based group Trip.com.

Feb 26, 2024 • Hospitality

Booking.com hit with $530 million fine from Spanish regulators - The Spanish National Markets and Competition Commission found that Booking.com infringed on competition law in that country.

Feb 23, 2024 • Hospitality

Booking Holdings beats Q4 profit estimates on Asia demand recovery - The OTA said room night bookings in the United States was flat in the fourth quarter, compared to Asia growth in the mid-teens.

Feb 23, 2024 • Hospitality

Trip.com reports strong Q4 - The Chinese OTA beats earnings expectations on higher China hotel bookings and the post-pandemic recovery in air travel.

Feb 22, 2024 • Hospitality

Expedia taps company veterans to lead newly formed operating divisions - Following the succession from Peter Kern to Ariane Gorin, Expedia Group taps two long-time Expedia veterans to lead newly formed operating divisions.

Feb 22, 2024 • Hospitality

Sabre signals strong growth - Growth in GDS industry bookings and strong performance in Hospitality Solutions highlighted for Q4 and the full year of 2023.

Feb 16, 2024 • Hospitality