Gross bookings were the highest quarterly amount ever
The U.S.’s biggest online travel company reported revenue rose 136% to $2.7 billion in the three months ended March 31, while analysts projected $2.54 billion.
Most travelers are not always looking for the lowest price
Expedia on how “something went wrong” in the past 25 years and how OTAs and meta-searches allowed the market to become commoditized by price.
A complete redesign of how people search on its service
Searching for travel online has worked the same way for the past 25 years: you enter a location and dates into a search box. But the world has changed.
Expedia’s three-pronged approach to serve traveler needs. At its annual partner event, EXPLORE, Expedia Group debuted a three-tiered strategy to redefine its place in travel.
Expedia introduces unifying loyalty programs for Orbitz, Hotels.com and Vrbo. The move forms “the most complete travel rewards offering in the industry,” according to Expedia.
Tripadvisor tops revenue expectations. Revenue more than doubled to $262 million from $123 million, while analysts were anticipating $253 million.
Tripadvisor picks new CEO. The company named an advertising tech executive as its new chief executive officer, replacing company cofounder Steve Kaufer.
Marriott sees record direct bookings at its hotels. The world's largest hotelier not only drove more direct bookings but also saw strong growth in its loyalty program.
Future of distribution: How changes in consumer behavior will impact hotels. While demand makes its way back to pre-pandemic levels, the way consumers spend has changed forever.
ATOMIZE: To automate or not to automate? Relieving revenue managers from the burden of repetitive tasks will go a long way to save time, increase revenues, and improve profits.
MEWS: How to implement a contactless self-service kiosk in your hotel. Follow these six easy steps to help guide you towards an effective self-service terminal implementation.