Booking.com to slash 25 per cent of global workforce
US / Netherlands: Four months after Booking.com chief executive Glenn Fogel admitted company job cuts were “probable”, the online travel
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Expedia
HalalBooking partners with Expedia
UK: Halal-friendly hotel and villa provider, HalalBooking, has partnered with online travel agency Expedia to help it weather the global
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It’s a vacation rental inventory gold rush! James Burrows, Rentals United
Spain: Rentals United CEO James Burrows addresses how OTAs are rushing to expand vacation rental inventory to meet increasing demand. As
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Expedia publishes 2020 Summer Travel Report
US: Online travel agency Expedia has published its 2020 Summer Travel Report, which analyses the latest traveller trends ahead of
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Vrbo reports major growth as Expedia moves to cut costs
US: Vrbo is reporting significant growth as vacation rentals across the United States surge, helping to boost revenue for parent
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Vacasa secures $108m Series D round led by Silver Lake
US: Vacation rental management platform Vacasa has announced a $108 million strategic investment round. The financing was led by existing
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Expedia Group pledges $275m to COVID recovery
US: Expedia Group has promised to provide $275 million to help its partners recover from the global pandemic. Approximately $250
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Airbnb lowers internal valuation to $26bn amid drop in bookings
US: Airbnb has reportedly lowered its internal valuation by 16 per cent to $26 billion as a result of the
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Lobby group calls for OTA bailout help in line with airlines and hotels
Europe: Travel tech lobby group EU Travel Tech has appealed for the European Commission to offer equivalent bailout support to
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Airbnb fails to overturn Santa Monica rental law
California: Airbnb and Expedia’s HomeAway has failed in their bid to get a Court of Appeals to revoke a law
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