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Booking Holdings’ gross bookings plummeted 91 per cent in Q2
Reading Time: 2 minutesUS / Netherlands: In the week that online travel agency Booking.com announced a 25 per cent trimming of its global workforce, parent company Booking Holdings has published its highly-anticipated second quarter results leading up to 30 June 2020, which highlight the devastating impact the coronavirus has had on its business. On the company’s earnings conference […]
Booking Holdings wins trademark Supreme Court case
Reading Time: 2 minutesUS: Booking Holdings, which manages travel brands such as Booking.com, Kayak, Agoda and Priceline, has won a legal case in the United States over the naming of its flagship website, Booking.com. The case, which made its way to the American Supreme Court, asserted that the website’s name referred to a generic service, and could not […]
UK to remove quarantines from select destinations from 10 July
Reading Time: 2 minutesUK: In a shift from earlier policy, the Department for Transport has announced that people arriving back in England from more than 50 countries, including European destinations such as France, Spain, Italy and Germany, will no longer need to self-isolate in quarantine from 10 July [Friday]. The new exemptions refer to countries which are deemed to post a […]
KAYAK and OpenTable cuts to affect 400 employees
Reading Time: 2 minutesUS: Booking Holdings brands, KAYAK and OpenTable, have announced that 400 employees will be affected by layoffs, furloughs or reductions in their working hours, in an email obtained by Skift. The CEO of both brands, Steve Hafner, attributed the cuts to the drops in revenue caused by the Covid-19 pandemic, and told staff they had […]
Lobby group calls for OTA bailout help in line with airlines and hotels
Reading Time: 3 minutesEurope: Travel tech lobby group EU Travel Tech has appealed for the European Commission to offer equivalent bailout support to its OTA and global distribution system members in line with the help being offered to airlines and hotels. The group, formerly known as the European Technology and Travel Service Organisation, called on the Commission and […]