Expedia Group goes deeper on downsizing: These layoffs at Expedia Group are not particularly surprising and were imminent when demand for travel spiked in many countries from July and August. Rest assured that Expedia won’t be the only company forced to improve employee payrolls again.
Why Every Tech Investor On The Planet Wants To Invest In Virtual Events: Welcome to version 0.1 of the gold rush in the events sector, with dream specs for every tech investor on the planet.
American Airlines plans to bring the Boeing 737 Max back to the skies by the end of the year: The American repatriation of the troubled Boeing 737 Max depends on certification, a process that has taken several unexpected detours.
Expedia Group sells SilverRail back to the management of the Rail Aggregator: SilverRail had become an afterthought on Expedia Group’s plans as the online travel agent tried to simplify its portfolio. However, SilverRail management continues to believe in the sector’s promise.
Comparing Airbnb to hotels is a mistake. IPO investors need to be aware of the following: You wouldn’t call DoorDash the world’s largest restaurant operator. So don’t make the same mistake with Airbnb – there is an important difference between distribution platforms and their suppliers.
Why did this United Flight touchdown deserve a Zoom press conference? Covid screening is all the rage. But the point at which all of these trials and pilots become coherent with government support must be reached soon.
Here’s the quote that will shake the multi-billion dollar corp travel market: That rushing noise in the ears of the business travel sector …
USA are world leaders in hotel construction during the pandemic: In the US, don’t let these numbers fool you. It will take years for hotel construction to return to the highs it reached months ago.
Airlines still don’t think new CDC mask guidelines go far enough: New federal guidelines recommending masks for public transport are helpful but have no legal force. This continues to burden the frontline staff with enforcement.
Comeback City Wuhan was the most visited during China’s Golden Week: Despite the continuing yearning for overseas tourists, Wuhan has largely returned in terms of tourism since the most desolate days in the provincial capital’s history earlier this year. Lessons for the rest of the world? Once tourists feel safe, they will return in large numbers.
Apple and Snap offer augmented reality that paints a vision for the virtual future of travel: Augmented Reality will remain a rarely used novelty for at least five years. But brands ignore the technology at their own risk. Innovative travel companies today could find opportunities for low cost advertising campaigns through the emerging medium.
Can Tripadvisor’s great strategy experiment set it apart ?: Give Tripadvisor credit for its efforts in the midst of the pandemic to diversify its various revenue streams at a time when Google is rising. However, the recent attempt to get budget travelers to book all of their trips on Tripadvisor is getting tough.
China is the first country in the world to see year-over-year hotel revenue growth during the pandemic: A holiday with many reasons to celebrate: Golden Week confirmed the forecasts that hotels in China are on the right track to get back to pre-pandemic levels by next year.
US Antitrust Mistake Google For Abusing Monopoly Power – What This Could Mean While Traveling: There is no telling how this US Department of Justice lawsuit will develop, and there will likely be years of legal battles. In contrast to previous measures by the European Union, this US lawsuit dispels some of the concerns of competitors in the Google travel industry.
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Photo Credit: Expedia Group launched a second round of layoffs this week. Pictured is CEO Peter Kern. Expedia Group
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