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Booking Holdings takes solitary path without offering financial relief to partners

Booking Holdings takes solitary path without offering financial relief to partners

These weren’t recovery programs, per se, but were part of cancellation refunds paid to consumers or property owners.

06/10/2020|5:40:05 PM|Skift
Hotels-backed online search platform Roomkey suspends operations

Hotels-backed online search platform Roomkey suspends operations

Suspended search function shouldn’t be read as a sign hotel companies can’t compete against OTAs.

06/09/2020|5:06:42 PM|Skift
US islands affected by Chinese flights ban; HK eases curbs for elite | Daily Brief

US islands affected by Chinese flights ban; HK eases curbs for elite | Daily Brief

China issued an alert warning citizens not to travel to Australia; HNA's Swissport said Belgium unit to file for bankruptcy.

06/08/2020|10:11:17 PM|ChinaTravelNews
Barry Diller calls for an end to ‘absurd’ earnings guidance

Barry Diller calls for an end to ‘absurd’ earnings guidance

You cannot predict the future. Full stop.

06/08/2020|9:27:35 PM|CNBC
Travelport receives $500 million in fresh financing from private equity

Travelport receives $500 million in fresh financing from private equity

The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.

06/08/2020|6:00:31 PM|Skift
Indian travel firm Yatra scraps merger deal with U.S.-based Ebix

Indian travel firm Yatra scraps merger deal with U.S.-based Ebix

Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement.

06/08/2020|12:05:47 PM|Reuters
Airbnb might not get much of a bounce from the rebound in short-term rentals

Airbnb might not get much of a bounce from the rebound in short-term rentals

Airbnb's prospects are likely brighter in the longer term.

06/07/2020|10:03:13 PM|Business Insider
OTA titan buys into more startups; US-China aviation evolves | Weekly Review

OTA titan buys into more startups; US-China aviation evolves | Weekly Review

E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.

06/06/2020|10:39:59 PM|ChinaTravelNews
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