United Airlines is posting a $2.1 billion loss for the first quarter of 2020 as the coronavirus decimates the demand for flights, according to a...
Expedia Group is looking to cut its budget for ad revenues this year, according to Chairman and Senior Executive Barry Diller. Get the Full Story...
The coronavirus has challenged any number of businesses on several levels – and among the most challenged verticals have been the restaurant and airline segments....
COVID-19’s impact on the cruise industry is so far not affecting reservations for 2021, which are up 40 percent over 2019. Carnival, the world’s biggest...
Airbnb Inc. received a second infusion of cash with a $1 billion loan from institutional investors, the company announced on Wednesday (April 14). Get the...
Cash is the buffer that can help companies grapple with the drop in consumer demand, the ripple effects of disrupted supply chains and disappearing top...
With the COVID-19 pandemic bringing travel to a standstill, Away has announced it is furloughing approximately half of its team and laying off an additional 10 percent....
Amid disruptions in the travel industry, Airbnb pledged in March to provide cash refunds to qualified guests who have had stays disrupted by the coronavirus...
Airbnb will be getting a leg up financially in the form of help from investors Silver Lake and Sixth Street Partners, who will funnel $1...