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%.
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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
Last year, Airbnb guests traveled to more cities than ever before - More than 4,000 cities and towns across the globe welcomed their first Airbnb stays last year, with nearly 80% being in non-urban places.
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
HSMAI reveals top hospitality talent trends - One of the trends is the dynamics of a multigenerational workforce – how different age groups bring unique strengths and perspectives to the table.
Feb 26, 2024 • Hospitality
Privacy ranks as top hotel AI adoption concern - According to a new study, 52% of U.S. hotel marketers list privacy as their top concern regarding the adoption of artificial intelligence for hotels.
Feb 23, 2024 • Hospitality
How AI boosts digital advertising and direct bookings - Recent advances in artificial intelligence’s handling of digital advertising have increased the possibilities for hotels to grow direct bookings and compete with OTAs.
Feb 23, 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
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