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Expedia's Win, Delta's Pushback and Tripadvisor's Challenge

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Manage episode 433238184 series 2530458
Innhold levert av Skift. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Skift eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Episode Notes

Expedia Group — like several other major travel brands — has seen “softening” travel demand recently, but it registered growth in several key metrics during the second quarter, writes Executive Editor Dennis Schaal.

CEO Ariane Gorin said Expedia Group is facing a more challenging environment since July, leading the company to adjust its expectations for the rest of the year. But Expedia Group said room nights at flagship brand Expedia.com jumped 20% from last year. In addition, booked room nights grew 10% overall at Expedia Group, topping both Airbnb and Booking Holdings.

Next, Delta argues the software company CrowdStrike’s offer of onsite help came too late to resolve the carrier’s IT outage, writes Airlines Reporter Meghna Maharishi.

Delta lawyer David Boies said CrowdStrike didn’t provide an “automatic” solution to solve an IT outage that eventually became a meltdown for Delta. The airline canceled roughly 7,000 flights after a July 19 CrowdStrike outage. CrowdStrike said earlier this week that Delta declined its offer for onsite assistance.

However, Delta claims CrowdStrike’s offer was “unhelpful and untimely.” Boies notes the offer came four days after the IT outage and by that time, Delta had already restored most of its critical systems. In a statement, Crowdstrike said “Delta continues to push a misleading narrative” and that if offered support within hours of the incident.

Finally, Tripadvisor’s controlling shareholder is looking to do a deal with travel and tourism investment firm Certares, writes Executive Editor Dennis Schaal.

Liberty Tripadvisor Holdings CEO Greg Maffei said the company is in “active discussions” with Certares about possible transactions. Schaal notes those “active discussions” would revolve around the $325 million preferred stock investment Liberty Tripadvisor must repay Certares by March 2025. Certares became a strategic investor in Liberty Tripadvisor in March 2020.

For more travel stories and deep dives into the latest trends, head to skift.com.

  continue reading

1361 episoder

Artwork
iconDel
 
Manage episode 433238184 series 2530458
Innhold levert av Skift. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Skift eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

Episode Notes

Expedia Group — like several other major travel brands — has seen “softening” travel demand recently, but it registered growth in several key metrics during the second quarter, writes Executive Editor Dennis Schaal.

CEO Ariane Gorin said Expedia Group is facing a more challenging environment since July, leading the company to adjust its expectations for the rest of the year. But Expedia Group said room nights at flagship brand Expedia.com jumped 20% from last year. In addition, booked room nights grew 10% overall at Expedia Group, topping both Airbnb and Booking Holdings.

Next, Delta argues the software company CrowdStrike’s offer of onsite help came too late to resolve the carrier’s IT outage, writes Airlines Reporter Meghna Maharishi.

Delta lawyer David Boies said CrowdStrike didn’t provide an “automatic” solution to solve an IT outage that eventually became a meltdown for Delta. The airline canceled roughly 7,000 flights after a July 19 CrowdStrike outage. CrowdStrike said earlier this week that Delta declined its offer for onsite assistance.

However, Delta claims CrowdStrike’s offer was “unhelpful and untimely.” Boies notes the offer came four days after the IT outage and by that time, Delta had already restored most of its critical systems. In a statement, Crowdstrike said “Delta continues to push a misleading narrative” and that if offered support within hours of the incident.

Finally, Tripadvisor’s controlling shareholder is looking to do a deal with travel and tourism investment firm Certares, writes Executive Editor Dennis Schaal.

Liberty Tripadvisor Holdings CEO Greg Maffei said the company is in “active discussions” with Certares about possible transactions. Schaal notes those “active discussions” would revolve around the $325 million preferred stock investment Liberty Tripadvisor must repay Certares by March 2025. Certares became a strategic investor in Liberty Tripadvisor in March 2020.

For more travel stories and deep dives into the latest trends, head to skift.com.

  continue reading

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