Greek hoteliers react to Booking.com's new payment policies - The OTA requires hosts to use a virtual card to secure reservations, eliminating the ability to request a deposit.
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Tripadvisor rules out a merger for now - An independent board committee has determined that at this time, there is no transaction with a third party that is in the best interests of the company and its stockholders.
May 10, 2024 • Hospitality
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 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
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
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