Skift Take
This week in digital news, Booking Holdings bought HotelsCombined for a trifling $140 million, MakeMyTrip and Despegar addressed some stumbling blocks, and innovation is top of mind after the GBTA Convention.
>>Don't you just love those proverbial tuck-in acquisitions? Booking Holdings didn't break the bank for either HotelsCombined ($140 million) or FareHarbor ($250 million). Sometimes making smaller bets is a much smarter strategy than gargantuan deals, but only time will tell: Booking Holdings Bought HotelsCombined for Only $140 Million
>>Investors are understandably focused on MakeMyTrip's ongoing operating losses. But in good news, the company is narrowing the size of those losses while maintaining its growth rates: MakeMyTrip Sees Gains From Its Loyalty Programs
>>Lousy economies in key markets have hurt Despegar's profit. But deft management during the recent storms suggests the online travel agency has a promising future: Despegar Tripped Up by the Ailing Economies
