Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
Tripadvisor is reportedly considering a takeover bid from Apollo Global Management…
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Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
Tripadvisor is reportedly considering a takeover bid from Apollo Global Management…
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NYC fines hotel company $1.2M over illegal short-term rentals
A hotel company accused of reaping millions of dollars from nearly 70 illegal short-term rental units in Manhattan and Brooklyn will pay a $1.2 million fine to New York City as part of a settlement filed in state Supreme Court on Monday…
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Hotels Need a Chance to Compete, Including Through Consolidation
According to Morning Consult research commissioned by the American Hotel and Lodging Association, hotel bookings make up 15 percent of all U.S. e-commerce, with over 500 bookings occurring every minute…
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What Happens at Hotels When Laws Restrict Airbnbs?
In New York, small and budget hotels — competitors to short-term rentals — raised prices. What business owner hasn’t had this dream: Government steps in and constrains the competitor that has been beating your brains out for years…
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Expedia Plunges on CEO Departure - Stock slid 15% on the departure of CEO Peter Kern
Expedia Group CEO Peter Kern is taking a vacation, but will the rest of us be able to afford one? Kern will stay until May 1 and expressed confidence in his successor, Ariane Gorin…
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Philip Barnes has been appointed Chief Executive Officer (CEO) at Rotana
Rotana announces the appointment of Philip Barnes as its new Chief Executive Officer (CEO), effective 1 March 2024…
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Hotels.com is a ‘matchmaker’ in new global ad campaign
A Hotels.com spokesperson said the campaign is “meant to build favorability and consideration among travelers to book with one of our hotel partners through the Hotels.com app.”…
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Booking, Agoda or Expedia? A review of 200,000 hotel searches shows which has the best rates
Vacations can be fabulously relaxing. But booking one is another story. The average traveler views 141 pages of travel content in the 45 days prior to booking a trip, according to an Expedia Group report…
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Hotels.com leverages NBA players’ expertise in new campaign
With games in more than 40 cities around the country, NBA players spend enough time in hotels to become experts in the amenities they provide…
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Airbnb reportedly racked up a whopping $4 billion in rental revenue in Italy, and then failed to pay tax on its earnings, pushing an Italian judge to order the seizure of roughly $835.5 million from the short-term rental giant over alleged tax…
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100 Puri tourists fell prey to online hotel fraud in 6 months
Over 100 tourists, mainly from West Bengal, have been scammed by cyber criminals while booking hotels in Puri through fake websites.
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Expedia CEO Sees Few Signs of Travelers Slowing, Trading Down
Online Travel Agency Completes Multiyear Migration of Brands, Loyalty Program - Overall travel demand remained solid during the third quarter with little sign of consumers pulling back, Expedia Group’s chief executive said…
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Airbnb Misses Fourth Quarter Outlook, Citing Travel Volatility
Airbnb Inc. gave a disappointing outlook for the fourth quarter, citing “greater volatility” in the economic environment that it expects will slow demand for travel after a record summer season…
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Airbnb watchdog flags hundreds of Toronto condos as ‘ghost hotels’ - Watch The Video
A Canadian Airbnb watchdog has sounded alarm bells over the number of condo buildings in Toronto acting as “ghost hotels.” In a Saturday press release, representatives for Fairbnb, a not-for-profit coalition of hotel owners, academics and concerned…
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Q2 2023 Shows a Steady Growth of Online Booking Platforms in EU
Online booking platforms continue to grow in Europe, in spite of several Member States imposing specific bans on short-term rentals to fight long-term accommodation shortages…
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Hyatt will launch a home-rental platform
Hyatt Hotels Corp. is ramping up focus on short-term home rentals, announcing the upcoming launch of Homes & Hideaways by World of Hyatt…
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HotelREZ Hotels & Resorts CEO – Mark Lewis
HotelREZ Hotels & Resorts is one of the world’s largest, yet tailored, companies dedicated to marketing and connecting independent hoteliers with bookers around the world. CEO Today caught up with its dynamic CEO Mark Lewis…
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In one destination, a night in an Airbnb costs a whopping 85% more than a hotel - but if you're travelling in a large group, a rental might be more budget-friendly…
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