Booking Holdings

In an era today when investors place a high value on profitability, our oral history of short-term rentals includes regrets from those who were too risk-averse to grab an opportunity.

Travelport's Tom Kershaw was not shy with us about sharing how he feels about what is real and what is just a pure waste of time in the travel industry's efforts to be green.

Despite an increasingly negative economic forecast, travel tech startups raised billions of dollars in 2022.

Airbnb was the top travel brand spender on U.S. TV, but Expedia Group brands collectively committed more dinero. Booking.com got way more active than last year.

Airbnb's pricing changes will likely have a ripple effect, prompting some hosts to reduce cleaning fees and property management websites to switch to showing total prices.

It's clear that vacation rental hosts and property managers crave direct bookings, and many may be making inroads. Still, the marketing power of big brands is tough to compete with.

Hotels are more open to trying new ideas as they recover financially post-pandemic. Enter firms like tech startup ResortPass, which is pitching itself as a new way to juice more revenues.

Travel is back in full swing and Expedia Group and Booking Holdings are now fully recovered versus the pandemic. But under the hood, big changes are underway as these two booking sites revamp their strategies for the future.

Today’s edition of Skift’s daily podcast looks at Delta's hefty pilot agreement, the shrinking cost of business travel in Europe, and the recovery of Expedia and Booking.