Flight Centre closing Gogo Vacations - The move is part of a shift in Flight Centre Travel Group's U.S. leisure strategy to focus more on luxury travel and independent contractors.

Feb 28, 2024 • Hospitality

Expedia to cut 1,500 jobs as travel demand fades - The job cuts are part of the OTA's broader restructuring plans as travel demand continues to moderate around the world.

Feb 27, 2024 • Hospitality

Tripadvisor 2023 versus Tripadvisor 2013 - The company's long-term investment in Viator is now paying off, reducing its reliance on advertising revenue from Expedia and Booking.com.

Feb 27, 2024 • Hospitality

@hotel launches DM concierge feature - This innovative service reimagines the traditional concept of a hotel concierge, adapting it to the digital era.

Feb 27, 2024 • Hospitality

Top OTAs by market cap 2023 - As of September 2023, Booking Holdings was the online travel company with the highest market cap worldwide.

Feb 27, 2024 • Hospitality

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