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Thomas Cook on reviving as an OTA. Customer-centricity is where the brand plans to differentiate from other OTAs, targeting primarily younger consumers with its new digital focus.

Hertz launches new IPO. The rental car mainstay emerged from bankruptcy in June and has seen revenue bounce back to near pre-pandemic levels.

Paypal eyes Pinterest. The company has set its sights on becoming the world’s next “super app,” a one-stop shop for all things shopping and finance, akin to China’s Alipay or WeChat.

Vendor News & Views

SiteMinder formally pursues IPO. The company lodged its prospectus with the Australian Security and Investments Commission as it formally pursues an Initial Public Offering.

Daily Brief • Wednesday, October 20, 2021

Hotels ponder a puzzling future