Britain’s Office Of Fair Trading (OFT) is investigating the recent acquisitions of Trivago by Expedia and Kayak by Priceline.
Jeff Katz, the CEO of Nextag who formerly headed Orbitz and Swissair, picked a fight with Google in the runup to a July 2 European Union deadline.
Travel technology giant Amadeus is launching a global initiative to find new ideas to “help transform the travel experience”.
Dara Khosrowshahi, the Expedia Inc. president and CEO, was getting downright philosophical about the crisis the company faced a year or so ago, the situation that led to its fee-cutting frenzy.
“I think it was [White House Chief-of-Staff] Rahm Emanuel who said, ‘Never let a good crisis go to waste,’” Khosrowshahi says, drawing some laughs from the crowd at Citi‚Äôs 20th Annual Global Entertainment, Media & Telecommunications Conference in San Francisco Jan. 5.
The end result was Expedia eliminated air and reduced hotel booking fees and took a pretty good whack at Orbitz and Travelocity.