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Online Travel
The short-term rental sector is growing, but property managers have been having a hard time as supply has outpaced demand.
Justin Dawes | 7 days ago
Travel Technology
This is the third travel tech company that has completed a layoff in the past month.
Justin Dawes | 2 weeks ago
Business Travel
Navan is doing clean-up towards profitability before its IPO, planned for next year.
Justin Dawes | 3 weeks ago
You can see Tripadvisor's priorities crystal clear in where its restructuring occurred. The Tripadvisor Core segment took the heaviest hit, and Viator was impacted the least.
Dennis Schaal | 2 months ago
Short-Term Rentals
When online travel agencies trot out statistics on their numbers of properties, is it a vanity thing or something more strategic? If you take Vrbo at its word, it's going for quality over quantity.
Tech companies have been hard hit by layoffs in 2023. Expedia Group, which has been consolidating its workforce since 2019, continues to tinker with staff levels.
News Blog
Kayak and OpenTable, two Booking Holdings brands, laid off 80 employees, Skift has learned. A screen grab from Kayak's Sorry, Winston commercial. Source: Kayak A spokesperson said that was less than 5% of their workforce. "Like many other companies, we needed to make some difficult staffing changes as we sharpen our priorities," the spokesperson said.…
Consider this a peek behind the curtain of VTrips, which has not been immune from the layoffs rocking the property management industry.
Dennis Schaal | 3 months ago
Hopper's burn and growth rates were unsustainable — even for a company that had raised $730 million.
It's clear that elements of these layoffs include some offshoring support, and trims that are AI-induced.
Dennis Schaal | 4 months ago