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A new reality for travel and hospitality: STRz 2023 predictions
Reading Time: 11 minutesWorldwide: Read our predictions for the global short-term rental industry in 2023.
European Commission STR data-sharing proposal to “enhance transparency”
Reading Time: 5 minutesEurope: As anticipated, the European Commission has adopted a proposal for regulation that is designed to “enhance transparency” and “help public authorities ensure the balanced development” of a sustainable tourism sector.
European Commission set to propose data-sharing rules for STR platforms
Reading Time: 2 minutesEurope: The European Commission is set to introduce a proposal next week that would require the major short-term rental booking platforms to provide data on the number of users using their services and on the total nights they stay in listings to national authorities.
Booking.com and CHOOOSE partner for “mindful” travel vision
Reading Time: 2 minutesWorldwide: Amsterdam-based online travel agency Booking.com has strategically partnered with Norwegian climatetech company CHOOOSE as part of their shared vision to make it easier for everyone to travel more “mindfully”.
Booking.com cites hiring “complexities” for Iranian job withdrawals
Reading Time: 2 minutesIran / Netherlands: Online travel agency Booking.com has revealed that it had to withdraw a “small number” of job offers that were made to prospective employees in Iran earlier this year due to “complexities” that it uncovered in its international hiring process.
Eurostat: 2022 platform tourism levels surpass 2019 figures
Reading Time: 3 minutesEurope: Eurostat, the statistical agency of the European Union [EU], has revealed that guests spent around 199 million nights in short-term rental accommodation booked via Airbnb, Booking.com, Expedia or Tripadvisor in the EU in the first half of 2022.
JP Morgan Chase to offer full service travel agency
Reading Time: < 1 minuteUS: JP Morgan is putting together a full service travel business, which could make it the third largest travel agent in the world.
Booking.com expected to cut 3000 jobs worldwide
Reading Time: 3 minutesAmsterdam: Online travel agency Booking.com has announced that it plans to cut up to 3000 jobs worldwide due to a reorganisation of the company
Travel app downloads reach 143m installs in Q2
Reading Time: 2 minutesWorldwide: The travel app category reported strong year-on-year growth rates in Q2, with vacation rental apps leading the way in the recovery of the accommodation sector post-pandemic. With the vaccination and infection rates rising and dropping simultaneously, travel app downloads reached 143 million installs during the second quarter. Overall downloads were up by 104 per […]
Booking to repay $110m in Covid aid to governments
Reading Time: 2 minutesNetherlands / US: Online travel agency Booking Holdings has revealed it will repay up to $110 million in coronavirus aid to governments who supported the company during the height of the pandemic. including around $78 million [€64 million] to the Dutch government over an executive pay row. Booking announced it would repay the aid in a […]