As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global...
For Expedia Group CEO Ariane Gorin, there was a clear highlight for the company during the second quarter: Brand Expedia saw room night growth rise to nearly 20%. “Brand Expedia has been a great highlight for us,” Gorin told analysts and investors during the company’s...
Online travel company Booking Holdings is seeing positive outcomes from its latest tech-driven initiatives, according to its second-quarter earnings report. Booking Holdings Thursday (Aug. 1) reported a 7% year-over-year increase in room nights booked, reaching 287 million for the second quarter. This growth highlights strong demand...
Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank said. It comes as Americans are eager to travel, but many Americans have been reporting that they wait for a...
August 16, 2024
As inflation reshapes consumer spending, travel giants Expedia, Airbnb and Booking Holdings are adjusting their strategies to drive customer engagement and bookings amid shifting family budgets and evolving preferences. Expedia is enhancing its One Key loyalty program with a co-branded credit card and expanding its global reach to boost cross-brand engagement. Airbnb is prioritizing unique experiences […]
March 11, 2025
A day after Delta Air Lines cut its guidance, citing lower U.S. consumer confidence, three more airlines made similar comments about the current macroeconomic environment. In presentations made Tuesday (March 11) at the J.P. Morgan Industrials Conference, American Airlines, Southwest Airlines and United Airlines revised their outlooks downward or said they expect earnings to come in at the […]
August 18, 2022
Citi will be debuting a new portal, Citi Travel, with Booking.com to help customers plan and book their trips, a press release from the bank said. It comes as Americans...
July 28, 2020
The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and that’s the best-case scenario. Earlier forecasts from the...
July 22, 2020
The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues are not expected to rise...
