Hotel Engine reaches a $2.1 billion valuation, rebrands as Engine - The company secured $140 million in Series C funding, raising its valuation from $1.3 billion to $2.1 billion.

Sep 19, 2024 • Hospitality

Airbnb's future is not just about travel - At the 2024 Skift Global Forum in New York, the company's CEO said that he hopes to eventually expand beyond just short-term rentals and even travel.

Sep 19, 2024 • Hospitality

Expedia offers curated trip recommendations - The OTA is launching a feature in its iOS app called Travel Shops where creators can share and save their travel recommendations.

Sep 17, 2024 • Hospitality

The consumer has changed, distribution has changed - Accor has discontinued the global distribution of static rates and now works exclusively with four online distributors - Expedia, Infinite, Webbeds and Hotelbeds - through direct connections.

Sep 17, 2024 • Hospitality

Hotels not dependent on platforms, says Booking.com - Booking.com's latest PR initiative tries to make the case that while concerns about companies becoming dependent on certain platforms may be valid, hotel distribution is certainly not.

Sep 17, 2024 • Hospitality

Booking.com on how AI will change travel planning - The company has launched a generative AI service on Booking.com called Trip Planner, which is currently in beta.

Sep 13, 2024 • Hospitality

Expedia Group vice chairman Peter Kern quits - The Company announced the resignation of Peter Kern as Vice Chairman and member of the Board of Directors.

Sep 12, 2024 • Hospitality

End of price parity a major blow for Booking.com - The OTA's European market share will come under pressure, with slower booking growth and higher marketing costs challenging earnings.

Sep 9, 2024 • Hospitality