August 07, 2023
Moët and Petco Tap Into Shop-In-Shops to Spark Champagne and...
Amid the swiftly evolving retail environment, marked by economic fluctuations like inflation and restricted consumer expenditure, the concept of shop-in-shop experiences has emerged as a favored tactic for brands aiming...
August 04, 2023
Airbnb Finds ‘Jobs Via Laptop’ Enabling Long-Term Rentals
The shift to remote work during the pandemic still drives changes in the travel and hospitality industries. For short-term rental platform Airbnb, customers’ ability to work remotely contributes to a trend...
August 04, 2023
Expedia Sees ‘Tremendous Momentum’ in B2B Segment
Travel website Expedia has a well-known consumer-facing website, but it also delivers a growing number of products behind the scenes. The company is seeing “tremendous momentum” in its B2B business,...
August 04, 2023
Booking Holdings Brands Working Together to Deploy AI
Booking Holdings’ brands are sharing among themselves what they’ve learned as they develop and implement artificial intelligence (AI)-powered tools. So said Booking Holdings CEO Glenn Fogel during the company’s quarterly...
August 04, 2023
Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
Amazon’s movement to create a commerce ecosystem well beyond simply logging sales on its platform showed up in second-quarter earnings results, as sales gleaned from its third-party sellers segment soared...
August 04, 2023
Etsy Isn’t the Go-to Destination It Wants to Be as...
In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very fabric of purchasing patterns, compelling...
August 04, 2023
Airbnb’s Q2 Profit Surges 72% Amid Rebound in Urban, International...
Airbnb announced its most profitable second quarter yet on Thursday (Aug. 3), generating a net income margin of 26% — its highest Q2 ever — an 18% increase compared to...
August 03, 2023
Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
Online travel company Booking Holdings reported strong results for the second quarter, driven by robust leisure travel demand and a focus on artificial intelligence (AI) technology. “I am pleased to report that...
August 03, 2023
TripAdvisor’s Revenue Grows 18% as Consumers Seek Experiences
Consumers are hungry for experiences, and that’s been good news for TripAdvisor. The travel service announced second-quarter 2023 earnings results Thursday (Aug. 3) that showed its experience earnings surpassing its...