Booking.com considers appeal against mega fine - The OTA strongly disagrees with the outcome of the CNMC investigation and plans to appeal the "unprecedented decision".

Aug 1, 2024 • Hospitality

Delta Expects $500 million hit from CrowdStrike outage - The airline is now preparing for litigation and potential claims against CrowdStrike as it attempts to recover from the outage.

Aug 1, 2024 • Travel

Marriott lowers forecast for 2024 - The company lowered its 2024 room revenue growth forecast, citing weaker domestic travel demand in China and North America.

Aug 1, 2024 • Hospitality

Surge in travel bookings may slow this year - While demand for travel isn't at the peak it achieved in 2023, the industry is still bullish on the future.

Jul 31, 2024 • Travel

Spain's watchdog fines Booking.com €413 million - The country’s competition watchdog fined Booking.com a record 413 million euros for "abusing its dominant position" over the past five years.

Jul 31, 2024 • Hospitality

Paris Olympics discourage tourism - Paris is going all out for the Olympics, but the city's tourism industry has little to celebrate.

Jul 31, 2024 • Travel

Trivago acquires stake in hotel rate aggregator Holisto - The company acquired a 30% equity interest in Holisto, which uses “split and match” technology to create novel hotel deals.

Jul 31, 2024 • Hospitality

Developing an AI-powered data strategy for hotels - Rather than investing time and resources to develop an AI strategy, hoteliers should start make their data strategy the priority.

Jul 31, 2024 • Hospitality