Top OTAs invest record amounts in advertising | What Expedia, Booking, Airbnb and Trip.com have spent

A staggering €15.4 billion was spent on marketing and advertising activities by Expedia Group, Booking Holdings, Airbnb and Trip.com Group together in 2023, an increase of 20% compared to the previous year. Financial figures from four of the world’s largest online travel agencies show that they spent a record amount of money on promoting their […]

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booking

€530 million fine $ in Booking in Spain | Inquiry in Greece | EUR 276 million $ fine and in the Netherlands!

-Facing a hefty fine of €530 million. $ is Booking Holdings by Spanish regulators for violations of competition principles in its commercial practices. This fine comes after a fine of EUR 276 million. $ in the Netherlands, while there are questions about the investigation of the Competition Commission in Greece into Booking’s practices. It is […]

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ShortStay 2024, the meeting point of the short-term rental industry

-The ShortStay Conference 2024, held on 9 & 10 February at the Ancient Eleonas Conference Centre, once again confirmed its role as a focal point for the short term rental industry. For the 6th consecutive year, the owners and managers of short term rentals, villas and serviced apartments, faithful to their annual appointment, were informed […]

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Photo by Katarina Šikuljak on Unsplash

How AI boosts digital advertising and direct bookings

-Recent advances in artificial intelligence’s (AI) handling of digital advertising have increased the possibilities for hotels to grow direct bookings and compete with online travel agencies, a new study found. Findings from the study, which sought to calculate the real costs of direct distribution, should incentivize independent and smaller hotel groups to pursue more direct […]

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ryanair

Ryanair: New complaints about Online Travel Agency | Overcharging £125 for a flight change

Ryanair is launching new accusations against online travel agencies, with its February investigation highlighting On The Beach as the top misleader, overcharging the travelling public by 117% (£125) for a flight change that costs just £45 on Ryanair’s website. And while the partnerships with Kiwi.com and Loveholidays suggested that Ryanair’s dispute with online booking sites […]

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Celestyal names new global Chief Commercial Officer

Celestyal, the award-winning, number one choice for travelers to the Greek Islands and the Eastern Mediterranean, has announced the appointment of Lee Haslett to take on the role of global chief commercial officer (CCO) as of February 20, 2023. Haslett takes over from Leslie Peden, who has been with the company for more than five […]

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photo EC

Europe fit for the Digital Age: Commission proposes new rules for digital platforms | Hotrec statement

The Commission has proposed today an ambitious reform of the digital space, a comprehensive set of new rules for all digital services, including social media, online market places, and other online platforms that operate in the European Union: the Digital Services Act and the Digital Markets Act. European values are at the heart of both […]

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Elounda Beach Hotel

World Travel Awards announces Europe 2020 winners | 8 hotels in Greece among them

World Travel Awards – the global initiative to recognize and reward excellence in travel and tourism – has announced its Europe 2020 winners to coincide with its inaugural Europe Winners Day. Winners include Portugal, which fended off stiff competition to emerge as ‘Europe’s Leading Destination’, whilst the imperial splendour of Moscow was acknowledged with awards […]

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spain

Booking Reveals the Top Travel Dreams of a World in Waiting

According to Booking.com Bali, Andalusia, London, Florida and Paris – beach spots and city escapes are high among most wish-listed international destinations by global travelers during Coronavirus (COVID-19) pandemic. Travel might be on pause in these unprecedented times, but data from Booking.com reveals that this hasn’t stopped people across the world from dreaming about its […]

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