HomeToGo Releases 2022 Travel Trend Predictions | National News


HomeToGo SE (Frankfurt Stock Exchange: HTG), a marketplace with the world’s largest selection of vacation rentals, today unveiled its predictions for the top travel trends of 2022.

HomeToGo, a marketplace with the world’s largest selection of vacation rentals, today unveiled its predictions for the top travel trends of 2022. (Photo: Business Wire)

With the increase in vaccinations globally, the demand for tourism in 2022 remains optimistic. New insight from HomeToGo reveals how travelers across the globe are scaling up their plans in anticipation of the year ahead, with notable increase in travel spend and length of stay compared to before the COVID-19 pandemic. In 2021 and compared to pre-pandemic on a global scale, the vacation rentals marketplace has recorded a global ~+54% increase in average booking value for vacation rental spending and longer trips worldwide with a ~+9% increase in the average length of stay

Dr. Patrick Andrae, Co-founder & CEO, HomeToGo: “Travel has entered a new era and alternative accommodation will continue to reign as the new zeitgeist in 2022, especially with travelers who have traditionally booked hotels but tried and enjoyed vacation rentals during the pandemic. As a marketplace with the world’s largest selection of vacation rentals, we are prepared to help every traveler find the perfect accommodation for their 2022 trip and beyond – whether it’s escaping the winter for a sunny workation at an airy island bungalow or going on a relaxing staycation in a rural cabin just a two hour journey from home. These new structural trends, along with the pent up demand for travel after lockdowns, have led to long-term tailwinds for the alternate accommodation market that will continue into the new year.”

Three Types of Trips Emerge as Clear Winners for 2022

Based on search demand and a global survey of 4,000 travelers, HomeToGo has revealed the three types of trips that will reign in the new year. In 2022, tourists are looking forward to relaxing on sun-kissed islands, traveling safely to known regions , and discovering hidden gem destinations in their own backyards with a continued preference for domestic staycations:

Trend #1: Prioritizing Relaxation and Private Escapes

With 63% of participants in a recent HomeToGo global consumer survey listing relaxation as their main travel motivator, search insight now reveals that travelers will be heading to islands to find their zen next year. 2 Island destinations have seen significant growth in demand for short-term rentals in 2022, with Bali (+611% search increase), Sanibel Island (+567%), and Saint Lucia (+560%) taking the lead as the top three destinations growing in global search demand. 3

Trend #2: Resurgence of Touristic Regions

While the pandemic-influenced trend of rural travel still remains popular, touristic regions are set to regain popularity in 2022 around the globe, too. Among HomeToGo’s most-searched touristic regions, some well-known destinations are gaining additional interest in the coming year. As the majority of travelers prefer to walk on well-known paths, regions like Florida in the U.S. (+70.23% search increase), Sardinia in Italy (+57.40%), Majorca in Spain (+36.29%) and the Baltic Sea area in Germany (+23%) will be ones to watch as ever trending escapes. 3

Trend #3: Domestic Travel Continues to Rise

Building on the boom of 2020/2021, HomeToGo forecasts the rise in domestic travel to continue into the new year as a key trend. Amongst American travelers, searches for 2022 stays within the U.S. have seen an increase of +23%. 4 Elsewhere in the world, HomeToGo’s survey saw 28% of U.K. travelers aim to travel more within their country, even after travel fully reopens. 1 Amongst German tourists, the share of travel accounted for by domestic trips is forecast to see an uplift of +62% in comparison to 2019. 4

HomeToGo was founded in 2014 with a vision to make incredible homes easily accessible to everyone. To pursue this vision, HomeToGo was able to build and constantly grow a trusted and easy-to-use technology platform that brings together property suppliers with travelers from all across the world.

HomeToGo operates a marketplace for alternative accommodation that connects millions of travelers searching for a perfect place to stay with thousands of inventory suppliers across the globe, resulting in the world’s most comprehensive inventory coverage in the alternative accommodation space.

HomeToGo’s marketplace is beneficial to both of its customer groups: Consumers who visit HomeToGo’s websites gain access to the largest inventory in one place, and supply partners who use the platform’s reach and technology solutions are better able to serve a wide range of customers and generate more high-quality demand.

While HomeToGo SE’s registered office is located in Luxembourg, HomeToGo GmbH is headquartered in Berlin, Germany. HomeToGo operates localized websites and apps in 23 countries.

HomeToGo SE is listed on the Frankfurt Stock Exchange under the stock ticker “HTG”. For more information visit: www.hometogo.com/about

1 Findings are based on observed global bookings made through HomeToGo with a check-in date for 2021 and compared with a check-in date for 2019. Data was collected on 19 November 2021.

2 Research conducted by HomeToGo among a sample of 4,000 respondents in the United Kingdom, Germany, Spain, and the United States, with a confidence level of 95%. To participate in this survey, respondents had to be 18 or older. The survey was carried out online between 26 – 29 August 2021.

3 Based on searches made for accommodation via HomeToGo’s websites hometogo.com, .co.uk, .de, .es, .fr and .it with following parameters:

Search-Period 1: 1 January 2019 – 20 October 2019 with any check-in in 2020

Search-Period 2: 1 January 2021 – 20 October 2021 with any check-in in 2022

4 Based on most searched destinations in U.S. via HomeToGo.com, in UK via hometogo.co.uk, and in Germany via hometogo.de that are among Top-300 most searched destinations per market with the following parameters:

Search-Period 1: 1 January 2019 – 20 October 2019 with any check-in in 2020

Search-Period 2: 1 January 2021 – 20 October 2021 with any check-in in 2022



Copyright Business Wire 2021.

PUB: 11/24/2021 02:04 AM/DISC: 11/24/2021 02:04 AM

Copyright Business Wire 2021.

Source link

DHS releases guidance for non-citizens traveling into the US

The Department of Homeland Security is easing restrictions on non-essential travel at the border.

Starting Nov. 8, non-citizen travelers who are fully vaccinated against COVID-19 and have proper documentation can enter the U.S. via land ports of entry and ferry terminals.

“We are pleased to take another step toward easing travel restrictions at our borders in a manner that strengthens our economy and protects the health and safety of the American public,” said Secretary Alejandro N. Mayorkas.

Those engaging in non-essential travel must be prepared to “verbally attest to their reason for travel and COVID-19 vaccination status during a border inspection.”

Non-citizens who attempt to enter the U.S. illegally are subject to removal or expulsion, DHS says.

The border has been limited to essential travel since March 20 due to the COVID-19 pandemic.

People engaging in essential travel will not have to show proof of vaccination until Jan. 2022.

Source link

AAA releases Tennessee holiday travel survey results | WJHL

NASHVILLE, Tenn. (WJHL) – AAA has released information about Tennesseean’s travel plans for the holiday season.

According to a release from AAA, over a third of Tennessee residents usually book their holiday vacations by the end of October.

Tennesseans throughout the year were warming up to the idea of traveling as the COVID-19 pandemic seemed to be winding down. When residents were asked, “do you feel comfortable traveling?” 73% of residents said yes in the third quarter of the year, however, the recent resurgence of COVID-19 has brought that number down to 59% in the fourth quarter.

This number is still much larger than the only 41% who felt comfortable traveling in the first quarter of the year and the 49% from the second quarter of the year.

According to the release, 64% of Tennesseeans who are fully or partially vaccinated believe that the vaccine will protect them from contracting the virus when traveling and 59% are confident in the vaccine’s long-term effectiveness.

The release from AAA says that a rebound in travel enthusiasm is possible later in the year due to the fact that COVID-19 cases continue to trend downward.

Due to the complexities caused by differing COVID-related restrictions and regulations in states around the country, AAA says that travelers are increasingly turning to travel advisors for help planning travel and travel insurance to protect themselves from unforeseen circumstances such as flight delays, cancellations, lost luggage, and more.

“We’ve recently seen numerous flight delays and cancellations, and even more are possible during the holidays,” said Vice President of Travel for AAA Debbie Haas.

AAA plans to release its full Thanksgiving Travel Forecast on Nov. 9

You can click here to see the full survey conducted by AAA.

Source link

Jet2.com releases summer 2023 holiday programme | News

Jet2.com has launched its summer programme for 2023 from six UK bases.

With summer sun in demand, the tour operator has put its programme on sale earlier than ever before.

This gives customers the opportunity to get that well-deserved summer break locked into the diary well in advance – and for Jet2.com to make some cash as the Covid-19 recovery continues.

Trips to Spain, Greece, Turkey, Italy, Cyprus, Croatia and Portugal are all on offer.

The programme includes over 135 weekly flights to Canary Islands, over 150 weekly flights to the Balearic Islands, almost 200 weekly flights to 14 Greek destinations and almost 120 weekly flights to Turkey during peak times.

With flights and holidays to the sunshine going on sale from Belfast International, Birmingham, Bristol, East Midlands, Manchester and London Stansted, the company will be making further summer 2023 announcements over the coming weeks.

This includes further UK bases to go on sale as well as the launch of leisure city destinations.

In recent weeks, Jet2.com have reported the unlocking of enormous pent-up demand from holidaymakers on the back of travel restrictions easing.

The reassurance of an ATOL protected package holiday is also proving to be popular with customers, as is the assurance of booking through a reputable provider that has looked after customers during the pandemic.

Steve Heapy, chief executive of Jet2.com, said: “This is the earliest we have ever put our summer sun programme on sale because we know that customers want something to look forward to more than ever before.

“Following the recent good news about the reopening of international travel, we have seen strong demand from customers wanting to get that all-important dose of sunshine booked in and this summer 2023 programme helps them do exactly that.”

Source link

Arizona women’s basketball releases full schedule for 2021-22 season

Arizona women’s basketball put its finishing touches on its pre-conference schedule last week. Now, the Pac-12 has done the same with the conference schedule. The Wildcats released their full 2021-22 slate on Tuesday including dates and times for all Pac-12 games.

Including both pre-conference and conference match-ups, Arizona will play 13 games against nine different opponents who went to the 2021 NCAA Tournament. Five of those games will be held in McKale Center. Overall, the Wildcats will play 18 home games including two exhibitions.

Conference play will tip off over New Year’s Day weekend. The Wildcats travel to USC on Friday, Dec. 31. Two days later, they will go to Westwood to face UCLA.

The Wildcats will miss out on a home game against Stanford this season. Last year’s national champions and national runners-up are scheduled to play just once during the regular season. That game will be played in Maples Pavilion and aired on ESPN2.

Other changes to the schedule include the shifting of the Arizona-ASU match-ups. For the past few years, those games have been played during different weeks. This season, they will be played on the same weekend, a practice that last happened in the 2017-18 season. The Wildcats will travel to Tempe on Friday, Feb. 11. The Sun Devils make the return trip to Tucson on Sunday, Feb. 13.

The visit from ASU is in the middle of a favorable stretch for Arizona to wrap up the season. The Wildcats play eight games in the month of February without having to leave the state of Arizona. Their game in Tempe on Feb. 11 is their only trip away from McKale Center. The regular season ends with five straight home games.


28 Eastern New Mexico 6 p.m. MST (Exhibition)


5 Arizona Christian 6:30 p.m. MST (Exhibition)

9 CSU Northridge 5 p.m. MST

12 vs. Louisville in South Dakota 2:30 p.m. MST

15 Texas Southern 6:30 p.m. MST

19 Marist 6:30 p.m. MST

25 vs. Vanderbilt in St. Thomas, US Virgin Islands 1:15 p.m. MST

26 vs. DePaul in St. Thomas, US Virgin Islands 1:15 p.m. MST

27 vs. Rutgers in St. Thomas, US Virgin Islands 1:15 p.m. MST


3 at UC Riverside TBA

9 North Dakota State 6:30 p.m. MST

12 New Mexico 1 p.m. MST

17 at NAU TBA

19 vs. Texas in Las Vegas 3:30 p.m. MST

31 at USC 9 p.m. MST


2 at UCLA 3 p.m. MST

7 Washington State 6 p.m. MST

9 Washington 12 p.m. MST

13 at Oregon State 8 p.m. MST

15 at Oregon 3:30 p.m. MST

21 Utah 7 p.m. MST

23 Colorado 12 p.m. MST

28 at Cal 8 p.m. MST

30 at Stanford 2 p.m. MST


4 Oregon 8 p.m. MST

6 Oregon State 12 p.m. MST

11 at Arizona State 7 p.m. MST

13 Arizona State 12 p.m. MST

18 at Washington 8 p.m. MST

20 at Washington State 1 p.m. MST

24 UCLA 7 p.m. MST

26 USC 12 p.m. MST

Home games are bolded.

Games in italics are neutral-site games.

Source link

UConn women’s basketball releases full 2021-22 schedule

UConn women’s basketball’s full 2021-22 schedule — including tip times, locations and television info — is officially out.

The Huskies will play 31 games in total, 18 of which will be aired on SNY. They will also play three games on ESPN networks, two Big East games on Fox, two games on CBS Sports Network, one game on FS1 and one game on ABC. The Battle 4 Atlantis tournament will be streamed on Flo Hoops, while the Big East Tournament will be broadcast on FS1 and FS2.

Fans are expected to be allowed back this season, though face coverings will be required at Gampel Pavilion and the XL Center, regardless of vaccination status, unless actively eating or drinking.

UConn will open the season at the XL Center against Arkansas at 1 p.m. on Sunday, Nov. 14 and will begin Big East play at Seton Hall on Friday, Dec. 3. The Huskies will play each conference opponent twice — once home and once away — in a double-round robin format.

Notre Dame will be UConn’s only non-conference meeting at Gampel Pavilion, though they’ll play six other games on-campus against Fort Hays State (exhibition), Creighton, Seton Hall, Butler, DePaul and Providence.

The Huskies will play seven games at the XL Center: Arkansas and Tennessee in non-conference play, and Marquette, Xavier, Villanova, Georgetown and St. John’s during the Big East schedule.

On the road, UConn will play each Big East foe as well as at Georgia Tech (Dec. 9 on ESPN2), Oregon (Monday, Jan. 17, TV TBD) and South Carolina (Thursday, Jan. 27 on ESPN) on the road. The Huskies will also face Louisville in the Basketball Hall of Fame Women’s Showcase at Mohegan Sun on Sunday, Dec. 19.

UConn will play at home just three times in 2021 and three times in January of 2022 but will close the regular season by hosting seven of its final nine games.

One of the toughest stretches travel-wise will come in late January when the Huskies head to Butler on Wednesday, Jan. 12, return home against Xavier on Saturday, Jan. 15, fly out to Oregon for a Martin Luther King Jr. Day matchup on Monday, Jan. 17 and then host Seton Hall on Friday, Jan. 21.

UConn’s final game at the XL Center will be on Friday, Feb. 25 against St. John’s and the regular season will conclude with senior day on Sunday, Feb. 27 against Providence at Gampel Pavilion.

The Big East Tournament will be held from March 5-7 at Mohegan Sun Arena.

2021-22 UConn women’s basketball schedule

Date Opponent Location TV Time
Date Opponent Location TV Time
Sun., Nov. 7 FORT HAYS STATE (exh.) Gampel Pavilion 1 p.m.
Sun., Nov. 14 ARKANSAS XL Center SNY 1 p.m.
Sat., Nov. 20 vs. Minnesota
Battle 4 Atlantis
The Bahamas FloHoops Noon
Sun., Nov. 21 vs. USF/Syracuse
Battle 4 Atlantis
The Bahamas FloHoops TBD
Mon., Nov. 22 TBD
Battle 4 Atlantis
The Bahamas TBD TBD
Fri., Dec. 3 at Seton Hall* South Orange, N.J. SNY 7 p.m.
Sun., Dec. 5 NOTRE DAME Gampel Pavilion FS1 Noon
Thurs., Dec. 9 at Georgia Tech Atlanta, Ga. ESPN2 7 p.m.
Sat., Dec. 11 vs. UCLA
Never Forget Tribute Classic
Newark, N.J. ABC 1 p.m.
Sun., Dec. 19 vs. Louisville
Basketball HOF Women’s Showcase
Uncasville, Conn. ESPN 3:30 p.m.
Wed., Dec. 29 MARQUETTE* XL Center SNY 7 p.m.
Fri., Dec. 31 at DePaul* Chicago, Ill. SNY 2 p.m.
Wed., Jan. 5 at Georgetown* Washington, D.C. SNY 7 p.m.
Fri., Jan. 7 at Villanova* Villanova, Pa. SNY 7 p.m.
Sun., Jan. 9 CREIGHTON* Gampel Pavilion SNY 1 p.m.
Wed., Jan. 12 at Butler* Indianapolis, Ind. SNY 7 p.m.
Sat., Jan. 15 XAVIER* XL Center SNY Noon
Mon., Jan. 17 at Oregon Eugene, Ore. TBD TBD
Fri., Jan. 21 SETON HALL* Gampel Pavilion SNY 7 p.m.
Sun., Jan. 23 at St. John’s Queens, N.Y. SNY TBD
Thurs., Jan. 27 at South Carolina Columbia, S.C. ESPN 7 p.m.
Sun., Jan. 30 at Providence* Providence, R.I. SNY TBD
Wed., Feb. 2 at Creighton* Omaha, Neb. SNY 7:30 p.m.
Fri., Feb. 4 BUTLER* Gampel Pavilion SNY 7 p.m.
Sun., Feb. 6 TENNESSEE XL Center FOX Noon/1 p.m.
Wed., Feb. 9 VILLANOVA* XL Center SNY 7 p.m.
Fri., Feb. 11 DEPAUL* Gampel Pavilion SNY 7 p.m.
Sun., Feb. 13 at Marquette* Milwaukee, Wis. FOX 2:30 p.m.
Fri., Feb. 18 at Xavier* Cincinnati, Ohio SNY 7 p.m.
Thu, Feb. 25 ST. JOHN’S XL Center SNY 7 p.m.
Sun., Feb. 27 PROVIDENCE* Gampel Pavilion CBSSN TBD

Source link

SLU Releases 2021-22 Men’s Basketball Schedule

HAMMOND, La.  – The Southeastern Louisiana University men’s basketball team released their 2021-22 schedule under third-year SLU head coach David Kiefer, the school announced Wednesday.
The Lions (8-18, 5-10 Southland in 2020-21) will play a 31-game slate that includes 17 non-conference games and 14 Southland contests. The schedule includes another grueling road schedule with 20 games being played away from the friendly confines of the University Center.
SLU will open the season Tuesday, Nov. 9th on the road against a familiar foe, in-state rival Tulane (10-13 in 2020-21).
Following the opener against the Green Wave, the Lions will begin the home portion of the schedule Friday, Nov. 12th against Southeastern Baptist College before a Sunday, Nov. 14th matchup back at the University Center against Paul Quinn College.
The rest of the non-conference slate includes road games against Louisville, Iowa, Iowa State, SMU, Troy and Southern.
Southeastern will also travel to Fort Meyers, Florida to take on Florida Gulf Coast, Purdue Fort Wayne and Western Michigan in the 2021 FGCU Invitational Nov. 26-28.
Prior to Southland play, SLU will play home games against Ecclesia College Monday, Nov. 22 and Millsaps Wednesday, Dec. 29th.
“We’re really excited about the non-conference schedule that we’ve put together,” said Kiefer. “We’ll face teams that have played in the NCAA Tournament the past few seasons or competed for conference championships. We love getting on the road early in the year and competing against the best because it will prepare us for the battles in league play.”
With the departure of Abilene Christian, Central Arkansas, Lamar, Sam Houston and Stephen F. Austin, the Lions will play just 14 Southland contests. However, SLU will compete in the Southland Tip-Off Tournament Thursday-Saturday Jan. 6-8 in Katy, Texas. The games will not count towards SLU’s conference record but they will play three games against Southland opponents to be announced.

The Southland agenda will feature home-and-home games with the remaining teams in the league including Houston Baptist, McNeese, Nicholls, New Orleans, Northwestern State, Texas A&M-Corpus Christi and UIW.
Southeastern will open the conference battle Saturday, Jan. 15 at home against Northwestern State and close the regular season on the road against the NSU Saturday, March 5th.
The Southland Conference Tournament will remain in Katy, Texas at the Merrell Center for the 14th consecutive year Wednesday, March 9 – Saturday, March 12.
2021-22 SLU Men’s Basketball Schedule
Home Games in Bold
*Southland Conference Game
Date                       Opponent                                                              Location                               Time
11/9/21                  at Tulane                                                               New Orleans, La.                 TBA
11/12/21                vs. Southeastern Baptist College                   Hammond, La.                    TBA
11/14/21                Paul Quinn College                                            Hammond, La.                      TBA
11/18/21                 at SMU                                                                  Dallas, Texas                       TBA
11/22/21                vs. Ecclesia College                                           Hammond, La                    TBA      
11/26/21                 vs. Purdue Fort Wayne (MTE)                          Fort Meyers, Fla.                  3:30 p.m.
11/27/21                 vs. Florida Gulf Coast (MTE)                           Fort Meyers, Fla.                   6 p.m.
11/28/21                 vs. West Michigan (MTE)                                 Fort Meyers, Fla.                   12:30 p.m.
12/5/21                  at Troy                                                                   Troy, Ala.                                 TBA
12/11/21                 at Southern (La.)                                                 Baton Rouge, La.                TBA
12/14/21                 at Louisville                                                          Louisville, Ky                       TBA
12/19/21                 at Iowa State                                                        Ames, Iowa                          TBA
12/21/21                 at Iowa                                                                  Iowa City, Iowa                    TBA
12/29/21                vs. Millsaps                                                          Hammond, La.                   TBA
1/6/22                    vs. Southland (SLC Tip-Off)                             Katy, Texas                            TBA
1/7/22                    vs. Southland (SLC Tip-Off)                             Katy, Texas                            TBA
1/8/22                    vs. Southland (SLC Tip-Off)                             Katy, Texas                            TBA
1/15/22                  vs. Northwestern State*                                   Hammond, La.                   TBA
1/20/22                  at New Orleans*                                                  New Orleans, La.                 TBA
1/22/22                  at Nicholls*                                                           Thibodaux, La.                    TBA
1/27/22                  vs. Texas A&M-Corpus Christi*                     Hammond, La.                      TBA
1/29/22                  vs. UIW*                                                              Hammond, La.                      TBA
2/3/22                    at McNeese*                                                         Lake Charles, La.               TBA
2/5/22                    at Houston Baptist*                                            Houston, Texas                    TBA
2/10/22                  vs. McNeese*                                                       Lake Charles, La.              TBA
2/12/22                  vs. Houston Baptist*                                         Hammond, La.                    TBA

2/17/22                  at Texas A&M-Corpus Christi*                        Corpus Christi, Texas         TBA
2/19/22                  at UIW*                                                                 San Antonio, Texas            TBA
2/24/22                  vs. New Orleans*                                               Hammond, La.                   TBA
2/26/22                  vs. Nicholls*                                                        Hammond, La.                    TBA
3/5/22                    at Northwestern State*                                       Natchitoches, La.               TBA
3/9/22-3/12/22     at Southland Conference Tournament            Katy, Texas                          TBA
Fans interested in becoming active supporters of the basketball program are encouraged to join the Hardwood Club.  Lion alums are encouraged to join the exclusive S Club, which is restricted to Southeastern athletic letterwinners.  All membership fees and donations to Hardwood Club are available for the exclusive use of the Southeastern basketball program. Membership information is available by contacting the Lion Athletics Association at [email protected] or (985) 549-5091 or visiting www.LionUp.com.
For more information on Southeastern Basketball, follow @LionUpMBB and @DavidKieferSLU on Twitter, like /SLUathletics on Facebook and subscribe to the SLUathletics YouTube channel.
For ticket information, please contact the Southeastern Athletics Ticket Office at (985) 549-5466 or visit www.LionSports.net/tickets. Southeastern is implementing mobile ticketing as the primary source for securing tickets for the 2020-21 season. All tickets will be available via e-mail in a PDF format for fans to download on their phone or print at home. Tickets can also be downloaded to Apple Wallet.


Source link

Online Travel Update: Expedia Group and Booking Holdings’ Q2 earnings releases witness slight recovery in bookings | Foster Garvey PC

Expedia Group
(“Expedia Group Q2 revenue tops $2B driven by U.S. hotel and vacation rental bookings,” August 6, 2021 via Phocus Wire) (“Expedia Awaits Comeback of International Travel to Solidify Market Share Gains,” August 5, 2021 via Skift Travel News) (subscription may be required)

  • Second quarter revenue increased to $2.1 billion (a 270 percent increase over the same period last year, though still down 33 percent over 2019)
  • Leisure travel continued its rebound in the second quarter, led by North America and in particular, the United States.
  • Expedia continues to see softness in international, corporate and “big city” travel.
  • Expedia is already seeing the negative effects of the Delta variant with production numbers softening in July over June.
  • Expedia has begun ramping up its sales and marketing efforts, with total second quarter sales and marketing expenses ($1.2 billion) exceeding expenses for the same period last year (2020) by 320 percent.
  • Expedia’s focus on its core brands continues with eight businesses shuttered or sold since the start of 2020. This past quarter, Expedia officially accepted American Express’s offer to purchase Egencia, which is now expected to close by the end of this year (2021).

Booking Holdings
(“Booking Holdings hits $22B in bookings as latest quarter rides recovery,August 4, 2021 via Phocus Wire)

  • Second quarter revenue increased to $2.2 billion (a roughly 350 percent increase over the first quarter in 2020, but still down 44 percent over 2019)
  • Like its major competitor, Booking also began ramping up its sales and marketing efforts this past quarter, with sales and marketing expenses totaling more than twice the amount from the earlier quarter.
  • Booking’s continued performance rebound was again led by increases in the United States (the strongest performing major country), though improvements in both domestic and international bookings in Europe contributed to the increase. Like its competitor, Booking experienced a slight downturn in July (when compared to June), which Booking attributes to the emerging Delta variant.
  • Sixty percent of the total room nights booked through Booking during the quarter were through mobile channels.
  • At the end of June, Booking.com reported approximately 28 million accommodation listings, with nearly a quarter of those listings constituting alternative accommodations.
  • Booking.com’s facilitated payment platform added several (unnamed) “major chains” in the second quarter. In the second quarter, nearly 24 percent of gross bookings were processed through the payment platform (which reflects only a minor increase over the first quarter percentage (22 percent)).
  • CEO Glenn Fogel offered few details about Booking’s recently reported discounted flash sales effort (see story).

Other News:

Booking Holdings Sees Connected Trip Strategy as Critical for Post-Crisis Growth
August 6, 2021 via Skift (subscription may be required)
The world’s travelers may not all be for the taking by Booking Holdings. The $86 billion Connecticut-based conglomerate calls itself the “world’s leading provider of online travel and related services.” But the company still has work to do on its machinery for taking the customers it has and cross-selling them with multiple products — so called connected trips.

Tripadvisor Hits $235M revenue, Beats Internal Expectations
August 6, 2021 via Phocus Wire
Tripadvisor is crediting increasing numbers of vaccinations and reopenings in many markets around the world for a major jump in revenue in the second quarter of 2021.

Tripadvisor Finetunes Its Subscription Travel Bet
August 6, 2021 via Skift Travel News (subscription may be required)
Tripadvisor has spent the pandemic changing its tune, metaphorically speaking. For years, the Massachusetts-based company run by co-founder and CEO Stephen Kaufer sang the praises of a model where consumers could read reviews of travel services and then either click away to book them or else book instantly through its site and app. Now the $5 billion company has moved away from trying to draw the largest audiences possible to instead woo its most loyal fans into coughing up money for exclusive discounts and perks on travel.

Google Launches Attractions Tickets Globally on Mobile
July 30, 2021 via Skift (subscription may be required)
Google has taken a major step into the tours and activities space, and rolled out a tickets feature for local attractions around the world on mobile devices.

Southwest Lawsuit Alleges Skiplagged and Kiwi Collude to Deceive Flyers
August 3, 2021 via Skift (subscription may be required)
Citing multiple flight delays because of the sale of “hidden city tickets,” Southwest Airlines filed a federal lawsuit against New York-based Skiplagged, and alleged that it works “in concert” with Czech-based online travel agency Kiwi.com to deceive the public and illegally use the airline’s fare information.

Vietnamese Tech Conglomerate, OTA Operator Raises $250 Million
August 2, 2021 via Phocus Wire
Vietnam-based VNLife, a technology company that operates in travel, banking, retail and more, has raised $250 million in Series B funding. The round is led by General Atlantic and Dragoneer Investment Group, with participation from PayPal Ventures, EDBI and existing investors GIC and SoftBank Vision Fund 1.

Source link

Airbnb Releases 100+ Updates Ahead of Busy Summer Travel Season

As a busy summer travel season approaches, Airbnb said it’s offering customers and hosts a plethora of new and updated features.

With the more than 100 updates, Airbnb says that guests will now have the option to choose family-friendly pricing, flexible dates for rentals, better recommendations for nearby attractions, increased options for unique stays —  like castles, adobe homes, and wagons — and more. 

For hosts, the app will also now features a simplified process for renting their home. Owners will have the ability to receive one-on-one mentoring, more easily calculate their earnings, and receive help through support agents. 

With the coronavirus pandemic waning, the demand for rentals is high, but supply is low. The result: higher prices and more campaigns from both Airbnb and Vrbo to recruit new hosts for their platforms. 

“We have a muscle to continue to add hosts, but we can also convert guests to hosts,” Airbnb CEO Brian Chesky said earlier this month. “And as that number keeps increasing, that’s another big lever for us.”

Chesky also said that the number of rentals within US cities has been plentiful. However, more rural areas of the country need more hosts as Americans seek quieter refuge away from cities. 

If you’re looking to book an Airbnb for your next trip, be prepared to spend a little bit more than you normally would for your rental. The price of an Airbnb rental has risen 35% in the first quarter of 2021 compared to 2020 Insider reported. 

“We think this travel rebound will be unlike anything we’ve seen before,” Chesky says, “We think this is the travel rebound of the century. So travel is coming back, and Airbnb is ready.” 

Source link

Online Travel Update: Booking Holdings, Expedia Group and Tripadvisor report rising travel demand and discuss core strategies to capture travel rebound in first quarter’s earnings releases | Foster Garvey PC

This week’s Update features a number of stories and perspectives on last week’s earnings releases from Booking Holdings, Expedia Group and Tripadvisor. Enjoy.

Key Takeaways: Booking Holdings’ First Quarter Earnings Report
For those of you interested, we’ve included transcripts from last week’s earnings calls for both Booking Holdings and Expedia Group. For those of you who don’t pour through financials (myself included), I find the earnings calls very informative. My key takeaways from last week’s Booking Holdings’ call are below:

  • For years, analysts have speculated that Booking Holdings was first and foremost a European distributor, but now we have some actual numbers to prove it. According to Booking Holdings’ CFO, David Goulden, slightly more than 50 percent of Booking’s pre-COVID business came from Europe. As for other regions, Asia has historically accounted for approximately 20 percent of Booking’s pre-COVID business (no single country accounting for more than low single digits), and the rest of the world (including North America) has accounted for the remaining 30 percent (pre-COVID).
  • Booking continues to make strides in the North America, particularly in the United States, which was Bookings’ strongest performing major country in the first quarter, with room night growth in Q1 2021 exceeding growth in Q1 2019. Both Priceline and Booking.com reported strong first quarters in the United States.
  • Booking remains focused on its core strategies by growing the Booking.com brand in the United States, and continuing to expand adoption of its payment platform and building out the “Connected Trip.”
  • Booking points to its current Booking.com’s “Back to Travel” campaign, which launched in April and features a $50.00 post-stay travel credit for U.S. travelers booking through the Booking.com app. This initiative sets an example for possible future promotions that could help grow Booking.com’s business in the United States and possibly other markets. Other efforts include the continued growth of Booking.com’s vacation rental inventory. As for the payment platform, CEO, Glenn Fogel reported continued growth (just over 20 percent of bookings) of the integrated platform via increased adoption by Booking.com’s U.S. supplier partners. In 2020, the payment platform operated close to breakeven, but through other monetization opportunities, Fogel expects the platform to lead ultimately to incremental EBITDA growth. Finally, Booking’s continued focus on growing its non-accommodation products, particularly flights this past quarter, will be critical in establishing Booking’s “Connected Trip” vision – and capturing potential travelers further “up funnel”.

Key Takeaways: Expedia Group’s First Quarter Earnings Report
(“Expedia Group Bets on Brand Marketing as It Prepares for Travel Rebound,” May 7, 2021 via Phocus Wire; “Expedia Group CEO Says He’s ‘Rooting for Revenge Travel’ as Revenue Sinks 44 percent in Q1,” May 6, 2021 via GeekWire ; “Expedia Will Sell Egencia Corporate Travel Unit to American Express Global Business Travel,” May 4, 202 via GeekWire)

My key takeaways from this past week’s Expedia call are below:

  • Highlights from the recently announced sale of Expedia’s corporate travel platform, Egencia, to Amex GBT include (i) Expedia eventually owning approximately 14 percent of the combined businesses post-closing – which Expedia assumes will be worth $700 million and (ii) the deal comprising a long-term supply agreement between Expedia Partner Services (EPS) and Amex GBT, which according to Expedia CEO, Peter Kern, underscores EPS’ continuing efforts to position itself as a B2B business platform and allow Expedia to focus on its core B2C and B2B businesses.
  • Over the past quarter, Expedia has shifted its perspective on marketing – moving from an initial bias against large marketing commitments early in the quarter to now making major investments in an attempt to get out ahead of the anticipated wave of travel demand. Expedia, Orbitz and Vrbo are the initial beneficiaries of this new marketing commitment.
  • In an effort to grow its existing loyalty program base, Expedia plans on “opening a window” and making it easier and better for loyalty program members. According to Kern, Expedia was leaving customers on the side line because of “how [Expedia] made them sign up, what they had to go through, etc.” It will be interesting to see what changes Expedia will make in this regard and whether those changes will comport with the “closed group” discounting requirements often found in many OTA agreements.

Tripadvisor Highlights
(“Tripadvisor reports rising demand in Q1, progress on Plus subscription product,” May 7, 2021 via Phocus Wire’)
Not surprisingly, Tripadvisor’s quarterly earnings report had a heavy focus on its subscription program, Tripadvisor Plus. On last week’s earnings’ calls, Tripadvisor CEO, Steve Kaufer, shared with listeners that the platform is now seeking credit card partners to help grow the program. Other program details shared by CEO Kaufer include:

  • Initial interest in the program being the strongest among independent hoteliers
  • Tripadvisor having “conversations with every single chain” (although the response has been mixed among major suppliers)
  • Concerns expressed by major suppliers include where and how the discounted member rates are displayed (possibly undercutting suppliers’ direct channel efforts)
  • Tripadvisor moving away from sourcing inventory for the program primarily through aggregators (something we’ve written about in the past) to direct connections with suppliers
  • Tripadvisor potentially retaining some of the discounts offered by suppliers for itself as opposed to passing the full discount on to its subscribers (although it doesn’t do so today). What effect the subscription program might have on Tripadvisor’s other businesses, like its cost-per-click (CPC) lead generation business, remains to be seen, though Kaufer believes that the potential revenue benefits of the subscription program will exceed any loss for the referral/lead generation business.

Other News:

SiteMinder Expands Hotel Metasearch, Payment Offerings
May 5, 2021 via Hotel Management News – General
Hotel commerce platform SiteMinder has added to its metasearch and hotel payments programs to give hotels more choice to manage and protect their revenue in unpredictable travel markets.

Booking Holdings Sees a Surge in Flight Bookings as It Plays Catch-Up With Expedia
May 6, 2021 via Skift Travel News (subscription may be required)
During the first three months of the year, with Europe as its weakest region, and countries such as India still battling existential COVID-19 crises, Booking Holdings’ airline tickets sales jumped 49 percent.

Expedia ‘Leaning Into’ Wooing Hosts From Rivals, CEO Says
May 7, 2021 via Bloomberg – Top Stories
Expedia Group CEO Peter Kern discusses plans to attract new hosts to its rental platform, the timeline for the return of leisure and business travel, and outlook for Europe’s vacation season on “Bloomberg Markets.”

Sherpa Raises $8.5M to Meet Demand for Its Travel Rules Platform
April 30, 2021 via Phocus Wire
Toronto-based travel technology startup Sherpa – one of PhocusWire’s Hot 25 Startups for 2019 – has raised $8.5 million as demand for its travel rules platform intensifies.

Trivago Sees Referral Revenue Jump More than 60 Percent in March
May 4, 2021 via Travel Weekly US – Top Stories
Global hotel and accommodation search platform Trivago credits vaccination efforts in markets such as the United States and Israel with spurring a jump in travel activity that gave the site a 60 percent increase in referral revenue – its primary source of revenue – in March compared to February.

Vaccine Passport Proposals Put Airport Security App Clear Into Center of Debate
May 3, 2021 via Skift Travel News (subscription may be required)
More than 60 U.S. stadiums and other venues are deploying an app from Clear to verify people’s COVID-19 status, placing the New York company known for its airport security fast lanes at the forefront of a national debate over “vaccine passports.”

Source link