Payment woes drive 63% of UAE hotel guests to abandon bookings
Nearly two-thirds (63%) of hotel guests in the UAE have abandoned their bookings because their preferred payment methods weren’t available, according to new research from FinTech Adyen. This statistic highlights a major challenge for the hospitality…
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Analysts tweak Airbnb stock price targets on bookings report
It started in San Francisco with two guys and a mattress…
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Spanish watchdog hits Booking with record fine of €490 million
Spanish competition watchdog CNMC plans to issue a record fine of €490 million to Dutch holiday rental website Booking following reports of false competition from two Spanish hotel owners’ organisations, Spanish and Dutch media reported on Friday…
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Booking, Agoda or Expedia? A review of 200,000 hotel searches shows which has the best rates
Vacations can be fabulously relaxing. But booking one is another story. The average traveler views 141 pages of travel content in the 45 days prior to booking a trip, according to an Expedia Group report…
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Hotels to Pay Middlemen $75 Billion in 2023: Skift Research
Hotel companies pay billions a year to online travel agencies and other distributors. Our estimate of how much is eye-opening. So is hoteliers' naiveté about how sustainable their level of spending is - Seth Borko and Sean O'Neill, Skift…
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Q2 2023 Shows a Steady Growth of Online Booking Platforms in EU
Online booking platforms continue to grow in Europe, in spite of several Member States imposing specific bans on short-term rentals to fight long-term accommodation shortages…
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FRENCH COMPANY CDS GROUPE ACQUIRES GERMANY-BASED CORPORATE RATES CLUB
French hotel booking platform CDS Groupe has acquired Germany-based Corporate Rates Club, marking a continuation of its international expansion…
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EU Commission to Prevent Booking Holding From Purchasing of eTraveli
Booking Holdings is set to lose the €1.67 billion deal with Sweden’s eTraveli Group, a very important transaction that has been left stranded for nearly two years. This is expected to happen due to the European Commission deciding against it…
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Regular users of Google Flights might notice a new feature the next time they go to the site to check out airline schedules and compare flight prices…
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