Our “vacation edition” of our weekly Online Travel Update is below. Our regular Updates will resume next week. Have a great week everyone.
News:
Four Takeaways From Airbnb’s Second Quarter Report
August 9, 2022 via Skift (subscription may be required)
Airbnb's revenue stream wasn't as internationally diverse in the second quarter as it was pre-pandemic, but it is slowly creeping back to that level as international markets open.
Agoda and Alipay+ Expand on Their Partnership to Offer Greater Rewards to Travelers Through Digital Payment Methods
August 9, 2022 via Global FinTech Series
Agoda and Alipay+ announced a new partnership that will leverage Alipay+ solutions on the Agoda platform for better customer benefits and rewards.
Consumers Rank Travel Top Spending Priority, Want Buy-Now-Pay-Later Options
August 8, 2022 via Phocus Wire
Consumers consider travel their highest priority when it comes to discretionary spend, a new report finds.
Inspirato’s Luxury Travel Subscription Revenue Doubled in Q2
August 8, 2022 via Skift (subscription may be required)
Inspirato, a Denver-based travel startup, said that it generated $36 million in subscription travel revenue in the second quarter — up by half year-over-year.
Priceline Gets Hawaiian Airlines' NDC Content
August 5, 2022 via Travel Weekly
Priceline has entered into an agreement to sell Hawaiian Airlines' NDC content, enabling Priceline to continue listing the carrier's interisland flights.
South Korean Competition Regulator to Conduct Survey of Online-Platform Sectors
August 2, 2022 via MLex Insights
The South Korean antitrust regulator is soliciting tenders for a survey into online-platform sectors.
Booking Holdings’ Purchase of eTraveli Group Activities Probed by UK CMA
August 2, 2022 via MLex Insights
Travel company Booking Holdings’ planned 1.6 billion-euro acquisition of certain activities of eTraveli Group — trading as GoToGate, Flight Network, My Trip and SuperSaver — is being probed by the UK Competition and Markets Authority.
