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3 Largest Public Travel Companies By Market Share
Thursday, August 16, 2018 - 11:20am | 714Read More...As technology evolves, we continue to see competition among the largest international, public travel companies including Expedia Group Inc (NASDAQ: EXPE), Booking Holdings Inc (NASDAQ: BKNG) and Ctrip.com (NASDAQ: CTRP), among others. Booking Holdings, previously known as Priceline, clearly...
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Pinterest Valuation Hits $13B As Company Reportedly Prepares IPO
Tuesday, July 24, 2018 - 3:45pm | 307Read More...After years of speculation and extensive plans to keep the company private for as long as possible, the social media platform Pinterest is reportedly preparing an initial public offering. What Happened Founded in 2009, Pinterest is as an online idea discovery and saving platform that...
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A Look At IPOs So Far In 2018
Thursday, July 5, 2018 - 3:19pm | 656Read More...The first half of 2018 brought Dropbox Inc (NASDAQ: DBX), Spotify Technology SA (NYSE: SPOT) and 118 other market newbies raising an aggregate $35.2 billion — the most since 2014. Bettors on the young blood generally made off nicely, as the average IPO traded 22 percent above its...
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Here's Why You Should Know What The 'Sharing Economy' Is
Thursday, June 21, 2018 - 2:26pm | 1003Read More...Major shifts in consumer habits not only change the way we think about the economy, but lead the direction for where the economy is heading. One of the most obvious examples of this sentiment is seen with the ever-increasing growth of the so-called “sharing economy.” Companies like Uber...
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Tentrr, An Airbnb-Like Startup For Campsites, Closes $8 Million Series A Funding Round
Friday, April 13, 2018 - 1:32pm | 352Read More...Tentrr, an Airbnb-like startup for campsites, makes it "dirt simple" for people to rent out private campsites on their private land. The company was founded by Michael D'Agostino, a former investment banker and NYSE managing director, and just finalized a new round of financing....
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Travel Stocks And The Tourism Industry: Investing As The Market Boom Continues
Tuesday, April 10, 2018 - 11:07am | 1033Read More...The travel and tourism industry is healthy and thriving, now accounting for more than one-tenth of the national GDP, according to a recent Deloitte report. Last year alone, bookings added up to a staggering $1.6 trillion, due in no small part to a strengthening global economy, increased consumer...
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Booking Holdings' CEO Isn't Worried About Airbnb
Wednesday, February 28, 2018 - 11:28am | 348Read More...Booking Holdings Inc. (NASDAQ: BKNG), formerly known as Priceline Group, reported its fourth quarter results on Tuesday which exceeded expectations, in part due to the travel business performing "very well." What You Need To Know Booking Holdings is taken full advantage of the fact that...
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7 Big Companies That Could Tap The IPO Markets In 2018
Thursday, February 22, 2018 - 12:17pm | 1395Read More...A breakout year for IPO has yet to materialize after the stellar showing in both 2013 and 2014. The performance in 2017 can at best be qualified as lukewarm — despite the record run of the equity markets. IPOs could become easier, gaccording to a report in the Wall Street Journal Thursday...
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Analyst: Expedia Faces Cyclical Pressures In 2018
Wednesday, February 21, 2018 - 5:47pm | 402Read More...Expedia Inc (NASDAQ: EXPE) shares are likely to be weighed down this year by pressures such as cyclical headwinds and increased competition from Airbnb, according to MKM Partners. The Analyst MKM Partners analyst Rob Sanderson maintains a Neutral rating on Expedia and lowered the...
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Detroit Suspends Airbnb Enforcement Pending Review Of New Zoning Law
Friday, February 9, 2018 - 9:38am | 517Read More...Detroiters awoke Friday to reports the city had enacted a new zoning ordinance that bans the online hospitality marketplace Airbnb from operating in the districts where the majority of its hosts exist. Enforcement Suspended As City Conducts Legal Review The new zoning ordinance went through...
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Morgan Stanley Debunks 3 Bear Myths Haunting The Online Travel Space
Saturday, January 13, 2018 - 11:48am | 485Read More...The online travel agency sector is structurally challenged, and the competitive threat from Airbnb poses a major challenge both now and over the long-term, according to many bears. But this isn't the case at all, a Morgan Stanley analyst said this week. The Analyst Earlier this...
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Will Airbnb Be The Biggest Tech Unicorn To IPO In 2018?
Monday, December 11, 2017 - 1:29pm | 1951Read More...Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, Airbnb is an app and website that connects people seeking lodging with renters who have listed their personal houses, apartments, guest rooms, etc., on either platform. Travelers can book accommodations around the world online or...
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Here's What Airbnb Said In A Letter To Marriott's CEO
Monday, November 27, 2017 - 12:35pm | 398Read More...One of the key components to Airbnb's long-term success is being able to compete in an open and fair environment against major hotel chains. But now an ongoing feud with one of the largest hotel chains, Marriott International Inc (NASDAQ: MAR), shows the extent to which the competitive...
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Will Airbnb Be The Next Tech Unicorn To IPO?
Monday, October 23, 2017 - 12:20pm | 2043Read More...Founded in 2008 by Brian Chesky, Joe Gebbia, and Nathan Blecharczyk, Airbnb is an app and website that connects people seeking lodging with renters who have listed their personal houses, apartments, guest rooms, etc., on either platform. Travelers can book accommodations around the world online or...
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The Top 10 Most Valuable Unicorns
Thursday, September 21, 2017 - 11:30am | 630Read More...The United States is home to the most unicorn companies in the world, with over 100 such companies, according to a new report by HowMuch. The term unicorn, used to describe a private company valued at at least $1 billion, was thrust into the spotlight after Uber became the ultimate unicorn as it...














