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...Booking Holdings faces a landmark fine from Spanish regulators for anti-competitive practices, as Europe steps up its scrutiny on technology groups in an effort to curb their increasing dominance....
...The head of Booking Holdings has rounded on EU competition regulators for blocking the online travel group’s €1.6bn purchase of a smaller flights-only business, saying the move will hamper investment in...
...US online travel site Booking Holdings has accused EU regulators of acting unlawfully in blocking its €1.63bn acquisition of Sweden’s Etraveli Group because they have allegedly not demonstrated that the...
...consumer-facing industry. . . . as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings...
...Booking Holdings shares rose on Friday after the travel group reported solid results and as its chief executive said the company was growing “substantially faster” than Airbnb in its non-hotel bookings....
...And if Lyft had expected gross bookings to fall by 60 per cent-plus this year, it probably wouldn’t have said in the line directly above its typo that gross bookings would rise....
...EasyJet said it had been filling two planes a minute during its busiest booking periods since the start of this year, while Ryanair said this week that bookings were about 5 per cent higher than at the same...
...Experience-based spending — particularly travel — is holding up....
...Expedia’s shares fell 18.7 per cent on the day, their biggest drop since March 2020, with Booking Holdings falling 3.1 per cent and TripAdvisor down 2.6 per cent....
...It said gross bookings in the final quarter of 2023 had increased 22 per cent to $37.6bn compared with the previous year....
...a complex process, including facial verification, in order to manage their booking or check-in online....
...Even as the number of bookings for rides and food delivery have increased, admin costs have fallen....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Booking Holdings, Block, and Intuit will report earnings after the market closes....
Plus, Unilever’s love for ice cream melts and European investment bank bonuses drop more than US
...Uber’s quarterly gross bookings were up 22 per cent to $37.6bn, just ahead of analysts’ expectations and an acceleration from the 21 per cent growth in the previous quarter....
...Hisayuki Idekoba, chief executive of Recruit Holdings, said Japan “needs to go all in on AI”, in a Financial Times interview, pointing to successes achieved by employers using its AI tools to attract more...
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...EU regulators are set to block US online travel site Booking Holding’s €1.63bn purchase of Sweden’s Etraveli Group following concerns that it threatens competition, according to four people with direct knowledge...
...Lyft’s current ebitda margin, as measured against total booking volume, is just 1.8 per cent. Even Uber’s is just 3.4 per cent....
...Fogel is chief executive of global online travel service provider Booking Holdings and its biggest subsidiary Booking.com and he has plenty of business reasons to visit the Belgian capital....
...Switching short-term holdings may result in higher costs for investors due to bid-offer spreads, she said....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
...Data from Playtomic, a booking app with access to around 60 per cent of the UK’s 350 or so padel courts, shows a steep rise in the number of individuals looking to nab a highly-prized spot at one of the...
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