Movers and Shakers
Tripadvisor names CEO
US: Matt Goldberg has been appointed chief executive officer at Tripadvisor, succeeding co-founder Stephen Kaufer.
WEBINAR
More stressed owners - more distressed assets?
Monday 17 April - 2pm BST
Supplier
Tripadvisor rolls out subscription product
US: Travel platform Tripadvisor has introduced Tripadvisor Plus to the US, a $99 annual subscription service for consumer deals and perks at select hotels, with plans to officially roll out Plus during the first half of 2021. The new membership program is currently in beta testing, and is only taking
Industry
Booking.com to slash 25 per cent of global workforce
US / Netherlands: Four months after Booking.com chief executive Glenn Fogel admitted company job cuts were “probable”, the online travel agency has announced an extensive round of layoffs, with 25 per cent [roughly 4000 employees] believed to be affected. The layoffs are symptomatic of the Covid-19 pandemic’s impact on the
Industry
TripAdvisor to lay off close to 25 per cent of its global workforce
US: Online travel company TripAdvisor is to lay off 900 employees — accounting for almost 25 per cent of its global workforce — in a “significant” cost-cutting exercise, CEO and co-founder, Stephen Kaufer, revealed in a company blog post. In light of the coronavirus pandemic, TripAdvisor is making 600 of
Hotel
TripAdvisor changes tack with social and content-led beta site
US: TripAdvisor has launched a new beta site which takes its cues from social media rather than being predominantly reviews-based. TripAdvisor says the site is evolving “to become the most personalised and connected travel community, inspiring and empowering individuals with social assistive tools to plan and book better with relevant