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Programmatic ad spend down 9% since beginning of 2020, driven by travel and auto

Programmatic ad spend down 9% since beginning of 2020, driven by travel and auto

Although programmatic ad spend reports sharp drop, many brands are still viewing the pandemic as an opportunity.

05/25/2020|5:20:20 PM|Adweek
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value

World’s top 50 valuable hotel brands could lose up to $14 billion of brand value

Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.

05/22/2020|5:25:28 PM|Brand Finance
Tencent-backed OTA reports a 43.6% drop in Q1 revenue

Tencent-backed OTA reports a 43.6% drop in Q1 revenue

Net revenue is expected to decrease by 24% to 29% for the second quarter this year.

05/21/2020|5:34:42 PM|ChinaTravelNews
Indonesian capsule hotel startup Bobobox bags $11.5 million Series A funding

Indonesian capsule hotel startup Bobobox bags $11.5 million Series A funding

They are tapping into a sizeable market of USD 20 billion in Southeast Asia.

05/21/2020|2:47:06 PM|DealStreetAsia
Marriott says millennial guests can spur Asia hotels recovery

Marriott says millennial guests can spur Asia hotels recovery

The first and biggest group of people to come out and engage were millennials. Everything digital is becoming the new norm for them.

05/21/2020|11:15:41 AM|Nikkei Asian Review
Expedia reports net loss of 1.3 billion for Q1 2020

Expedia reports net loss of 1.3 billion for Q1 2020

Revenue grew in both January and February before declining significantly year over year in March.

05/21/2020|7:30:53 AM|Expedia
EasyJet says data of 9 million customers exposed in cyber attack

EasyJet says data of 9 million customers exposed in cyber attack

Email addresses and travel details of affected customers were accessed and 2,208 of them had credit card details stolen.

05/20/2020|4:31:49 PM|Skift
MCTs: longer connecting times could reduce connectivity by nearly 20%

MCTs: longer connecting times could reduce connectivity by nearly 20%

If this loss of connectivity were translated into an actual loss of connecting passengers and scaled up to the Top 50 airports in the world this in itself would reduce the number of international connecting passengers by over 70 million.

05/20/2020|3:48:04 PM|OAG
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China to curb foreign travel until October

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