Online Travel Update: Vacation Edition

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The “vacation edition” of our weekly Online Travel Update is below. Our regular Online Travel Update will be back next week.


News:

Expedia Group and Bilt Rewards Launch Exclusive Travel Portal for Bilt Members to Book Flights, Hotels and Experiences With Points Earned on Rent
June 30, 2022 via Business Wire
Expedia Group, the world’s leading travel technology platform, today announced a collaboration with Bilt Rewards to launch the new Bilt Travel Portal, available exclusively to Bilt Rewards members.

Trip.com Surges on Strong Travel Recovery Led by Staycation Travel and Local Hotel Bookings
June 28, 2022 via Seeking Alpha
Trip.com rallied 16 percent in early premarket trade until noon as the company experienced solid growth of travel demand in the global markets, especially across Europe and the Asia Pacific amid countries easing travel restrictions.

Metaverse Could Become Equaliser for Small, Independent Brands, Says Accenture’s Tansey
June 28, 2022 via WIT
With rising consumer interest in virtual experiences, Accenture highlights opportunities for travel and hospitality ACCENTURE recently released its latest research on the impact of the growing use of immersive technologies such as augmented and virtual reality in the travel and hospitality sector.

Frosch is Thrilled About JPMorgan Chase's Acquisition of the Agency
June 28, 2022 via Travel Weekly
JPMorgan Chase & Co.'s acquisition of Frosch is a feather in the cap for the entire travel industry, Frosch executives say, as well as an indicator of the strength of the travel agency community specifically. "I think this is incredibly exciting for our industry.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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