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Expedia launches loyalty program One Key

Expedia One Key

Reading Time: 2 minutesUS: Expedia Group has introduced a new loyalty program across its three travel brands for travellers to earn and use rewards on eligible flights, hotels, vacation homes, car rentals, cruises and activities. One Key unifies the group’s three travel brands – Vrbo, Expedia, and Hotels.com – into one flexible loyalty program. It is currently available […]

Airbnb suspends all bookings in Myanmar

Myanmar

Reading Time: 2 minutesMyanmar: Airbnb has suspended hosting at all of its existing listings in Myanmar in response to the implementation of strict new laws in the country prohibiting foreign tourists from staying at unregistered guesthouses or hotels.

Vacation rental revenues halved, $35b loss in 2020

[Credit: Andrea Davis on Unsplash]

Reading Time: 2 minutesWorldwide: According to data from StockApps, the revenue of the global vacation rental industry is expected to drop by $35 billion in 2020, which equates to a 42 per cent drop year-on-year. In 2017 the industry generated $78.7 million in revenue, which rose by seven per cent to almost $84 billion in 2019. However in […]

Honolulu signs MOU with Airbnb and Expedia

Honolulu

Reading Time: 2 minutesUS: Hawaii’s capital Honolulu has signed a memorandum of understanding [MOU] with both Airbnb and Expedia to improve the enforcement of rental laws in the city. Both companies will now share information with the city and assist with education and place certain licensing features on their listings. Properties in Honolulu will now be required to […]

Expedia claims “better than expected” Q3, driven by Vrbo

expedia

Reading Time: 2 minutesUS: Travel firm Expedia Group has announced its 2020 Q3 results, which it has claimed are better than expected, but still down over 50 per cent from 2019. Its short-term rentals arm Vrbo, however, has outperformed much of the market, as it saw growth in both total bookings and total revenue from 2019. CEO Peter […]

Expedia Group draws up plans for new round of layoffs

Expedia

Reading Time: 2 minutesUS: Expedia Group looks to be heading towards another layoff round, as Travel Partners Group CEO Cyril Ranque announced further redundancies within the company. The company laid off 12 per cent of its workforce earlier this year before the pandemic, in an attempt to manage a “bloated and sclerotic” workforce. Travel Partners Group is a […]

Booking.com to slash 25 per cent of global workforce

Booking.com

Reading Time: 3 minutesUS / Netherlands: Four months after Booking.com chief executive Glenn Fogel admitted company job cuts were “probable”, the online travel agency has announced an extensive round of layoffs, with 25 per cent [roughly 4000 employees] believed to be affected. The layoffs are symptomatic of the Covid-19 pandemic’s impact on the global travel industry, including accommodation […]

HalalBooking partners with Expedia

halalbooking

Reading Time: 2 minutesUK: Halal-friendly hotel and villa provider, HalalBooking, has partnered with online travel agency Expedia to help it weather the global pandemic. The search and booking website for halal-friendly travel has over 300,000 registered users in more than 84 countries, with a December 2019 valuation of $52.5 million. HalalBooking, which is headquartered in London, serves as […]