With a turnaround artist at its helm, EasyHotel is finally poised for its long-awaited expansion. Recent investment in the company is a wager that affordability will matter more to some travelers than whether a hotel is Instagram-ready.
Concerns that Uber's expansion of its in-app travel booking services would cannibalize its core offering appear to be easing, with the company reporting a boosted overall performance.
TUI might be well-known for its package tours, but the operator remains intent on maximizing the cross-sell of dynamic pricing and standalone booking components to grow its market share.
We should take this deal talk with a grain of salt until there's a term sheet. That said, the budget hotel sector in the UK has boomed post-pandemic, boosting the financial performance of privately held Travelodge.