Airbnb sees growth slowing - Company says growth in the current period for nights and experiences booked – a key industry metric – will be ‘relatively stable’.
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Wego launches WegoBeds - WegoBeds bridges the gap between Middle East hotels and Wego's global partner network and is the primary hotel supply source for Wego's own OTA and corporate travel businesses.
May 8, 2024 • Hospitality
How Europe’s Digital Marketing Act hurts hotels - Three months after implementation, Google Hotel Ads click-through data showed a 30% drop in traffic in EU markets affected by DMA implementation.
May 8, 2024 • Hospitality
Airbnb plans loyalty program - The company is toying with the idea of an Amazon Prime subscription model, which he says will bring in more money to provide a better service.
May 7, 2024 • Hospitality
Booking.com cutting paid media spending to focus on direct bookings - The OTA is reducing its investment in paid media as it seeks to drive more direct bookings through its loyalty program.
May 6, 2024 • Hospitality
Booking.com expects slowdown in bookings - The company expects room night bookings to slow in the current quarter as tensions in the Middle East dampen regional tourism.
May 3, 2024 • Hospitality
Expedia lowers 2024 growth forecast - The company cut its full-year revenue growth forecast, as gross bookings were hit by a drag in its vacation rental platform and poor performance in its business-to-consumer segment.
May 3, 2024 • Hospitality
Booking Holdings tops Q1 profit estimates - The higher-than-expected room night growth was driven by healthy demand with better-than-expected performance in Europe.
May 3, 2024 • Hospitality
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