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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
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.
Dennis Schaal | 2 months ago
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.…
Despite talk of economic uncertainly going on two years, Booking Holdings' results – and forecast – indicate travelers still aren't slowing down.
Justin Dawes | 5 months ago
Having OpenAI CEO Sam Altman on the Expedia Group board for the last few years certainly didn't hurt Expedia's ChatGPT rollout, although it's been using artificial intelligence for years.
Dennis Schaal | 8 months ago
The travel industry has long hoped for something to counter-balance the pecking order in Big Tech. It's not assured, but this time around generative AI could make it happen.
Dennis Schaal | 9 months ago
The advent of user reviews in travel was a disruptive and positive force, and they in turn may indeed get upended or greatly modified as new technologies take hold.
Travel Booking
Booking Holdings’ empire is one of the most valuable in the travel industry. We break down the six major brands that bring home the money.
Joey Tyson, Skift | 10 months ago
Booking Holdings was in hiring mode in 2022, particularly in Asia Pacific. That should be nice timing given the China reopening.
Dennis Schaal | 10 months ago
Mergers and Acquisitions
Mergers and acquisitions are sexy for shareholders, analysts and the press. Booking CEO Fogel knows, though, that sometimes the best decision is not overpaying and walking away from that shiny object.
Dennis Schaal | 12 months ago