Despegar has been acquired - Prosus, a technology investment firm based in the Netherlands, is acquiring Latin America-based online travel agency Despegar for $1.7 billion in an all-cash deal.

Jan 7, 2025 • Hospitality

Tripadvisor pays $435 million to simplify ownership - The struggling travel site is looking for more flexibility and a wider range of potential deals.

Jan 7, 2025 • Hospitality

Skyscanner unveils new ad platform - Building on the success of Skyscanner's existing native ad formats, the platform introduces an advanced ad server and ad manager.

Dec 12, 2024 • Hospitality

Why AI can never compete with travel agents - Yes, ChatGPT is great for sifting through information, but it can’t replace the human touch when it comes to booking a holiday.

Dec 12, 2024 • Hospitality

Booking.com expects significant savings from its "transformation" - The company expects to achieve annual savings of up to $450 million as a result of the organizational changes announced in early November.

Dec 12, 2024 • Hospitality

Booking.com says typos exposing trip details aren’t a bug - A Booking.com user discovered a significant privacy issue stemming from email typos when booking vacation travel.

Dec 9, 2024 • Hospitality

OTAs vs. AI Agents: The evolution of travel booking - OTAs may remain relevant for now, but advancing AI agents will weaken their core value over time.

Dec 9, 2024 • Hospitality

Booking Holdings cuts 60 jobs in B2B division - Booking Holdings' focus in the AI era likely won't be on its business-to-business services, which lag behind Expedia.

Dec 5, 2024 • Hospitality