U.S.-China Tensions Could Roil Internet Usage Rules, Hurting Online Travel: Booking CEO
Photo Credit: Booking Holdings CEO Glenn Fogel spoke with CNBC's Seema Mody on August 7 about the company's earnings. CNBC
Skift Take
All of the world's consumers and businesses will suffer if governments turn the internet into a "splinternet." Booking Holdings CEO Glenn Fogel is one of rare U.S. public figures to say this out loud.
Travel companies will be more cautious in approaching markets in China due to geopolitical tension. That was the message of Glenn Fogel, Booking Holdings CEO and president, during a Friday interview with CNBC.
Fogel's remarks to global markets reporter Seema Mody echoed the ones he made to investment analysts during an earnings call Thursday.
"There's been a lot of let's say 'tension' between different countries for some time," Fogel. "We've been talking for some time about the potential of something called the "splinternet,' or the fracturing of the overall cyberspace into different areas."
Fogel referred to how China and other countries have been setting rules in how people can use the inte
