Articles tagged “european union”

Online Travel

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Booking.com's appeal of the adverse European Commission decision on its merger with eTraveli Group will take years to play out. If self-styled "bigger fish" eTraveli is still around for the taking, it would cost considerably more.

Dennis Schaal | 2 months ago

After Booking Deal Went Bust, Etraveli CEO Says Price ‘No Longer in Play’

Online Travel

Booking Sends European Commission Memo to Fight For eTraveli Deal

This is might be called Booking Holdings statement of objections to the EC’s statement of objections to the eTraveli deal. This dust-up is heading for the courts.

Dennis Schaal | 2 months ago

Booking Sends European Commission Memo to Fight For eTraveli Deal

News Blog

Europe’s Upcoming Ban on ‘Climate Neutral’ Marketing to Affect Travel Brand Greenwashing

The European Union is on track to ban marketing claims such as "climate neutral" by 2026 that scientifically based certification can't validate. Claims such as "carbon neutral," "environmentally friendly," and "eco" will require companies to verify their products' merits through third-party certification schemes.  Travel companies are among the industries that may be affected by the…

Sean O'Neill | 2 months ago

Airlines

Ryanair Says French Push for Minimum Pricing on Flights Is Politically impossible

European authorities will seemingly have to find way other ways to reduce the carbon footprint of the airline industry. It's incredibly unlikely much of the European Union will support France's push for minimum pricing on flights.

Reuters | 2 months ago

Ryanair Says French Push for Minimum Pricing on Flights Is Politically impossible

News Blog

European Tourism Reached Decade High in First Half of 2023

In the first half of 2023, Europe experienced its highest number of tourist stays in the past decade, according to Eurostat, the European Union's statistics agency. Europe recorded 1.19 billion night stays between January and June 2023, up by 0.9% and 12.9% from the same period in 2019 and 2022, respectively. International tourism gave Europe…

Dawit Habtemariam | 2 months ago

Online Travel

European Commission Will Block Booking’s Acquisition of eTraveli

If the European Commission's decision isn't overturned, one implication may be that Booking.com would be precluded in practice from making major acquisitions. Period.

Dennis Schaal | 3 months ago

European Commission Will Block Booking’s Acquisition of eTraveli

Online Travel

Booking Hopes Its Kayak Brand Can Help Save eTraveli Deal

Booking Holdings' proposed remedy to push through its pending deal to acquire eTraveli Group may not be enough. Perhaps additional concessions or litigation are in the offing.

Dennis Schaal | 3 months ago

Booking Hopes Its Kayak Brand Can Help Save eTraveli Deal

Online Travel

Airbnb and Booking Keep the Cash Flowing

We saw during the pandemic how important it was for companies to have plenty of cash and the ability to borrow more. Airbnb and Booking Holdings have ample resources for big things on their to-do lists.

Dennis Schaal | 3 months ago

Airbnb and Booking Keep the Cash Flowing

Online Travel

3 Airlines and the FAA Join Google to Assess Flight Emissions

All would admit that the way online travel companies display the climate impact of flights is vague and inadequate. But help is on the way.

Dennis Schaal | 5 months ago

3 Airlines and the FAA Join Google to Assess Flight Emissions

Airlines

Libya and Italy to Resume Flights After a Decade-Old Ban

This is a nice start for Libya and Italy after a decade of limbo.

Reuters | 5 months ago

Libya and Italy to Resume Flights After a Decade-Old Ban