@hotel launches DM concierge feature - This innovative service reimagines the traditional concept of a hotel concierge, adapting it to the digital era.
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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
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
Booking Holdings beats Q4 profit estimates on Asia demand recovery - The OTA said room night bookings in the United States was flat in the fourth quarter, compared to Asia growth in the mid-teens.
Feb 23, 2024 • Hospitality
Trip.com reports strong Q4 - The Chinese OTA beats earnings expectations on higher China hotel bookings and the post-pandemic recovery in air travel.
Feb 22, 2024 • Hospitality
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