Search results for “Booking Holdings”
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Booking Holdings reduces marketing spend, implements a hiring freeze
03/24/2020|1:02:04 PM|
The brand CEOs and Glenn Fogel decide to forego salaries during this time of the crisis.
Expedia Group, Booking Holdings spent more than $11 billion on marketing in 2019
03/09/2020|9:32:39 PM|
Due to Google pushing its travel listing feature into the search results page, Expedia’s top-ranked organic links are pushed down the page further.
Trip.com Group charts course out of virus fog
03/20/2020|11:12:18 AM|
The company’s clearer outlook is a far cry from peers such as Expedia and Booking Holdings, which have both withdrawn financial guidance, citing the pandemic.
Booking expects a 5%-10% drop in room nights amid virus outbreak
02/27/2020|7:50:54 AM|
The coronavirus has had a significant and negative impact on business for the first quarter this year.
OTA chief cuts salary; event cancellations cost $1B | Daily Brief
03/11/2020|12:24:19 AM|
The direct economic loss from the cancellation from nine major tech conferences already surpassed USD 1 billion; A Disneyland Paris maintenance worker tested positive for coronavirus.
As travel giants circle, understanding the economics in tours and activities is vital
03/05/2020|8:58:27 PM|
The situation has been complicated further by vertical integration in the sector, where OTAs purchased B2B offerings.
Booking withdraws first-quarter guidance due to worsening virus impact
03/10/2020|12:22:33 PM|
The company believes it has "a strong operating model and solid balance sheet" to weather this disruption.
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