Online Travel Update: Tripscout Features Hotel Bookings on Instagram and Hopper Offers Flexible Payment Options for Short-Term Rentals | Foster GarveyPC

Last week’s update features articles on two less frequently used social media platforms – Instagram and Snapchat – and details the brewing battle between banking companies for legitimacy in the travel industry. I hope you enjoy.

Tripscout features hotel bookings on Instagram
(“Tripscout raises $14 million, launches hotel booking via Instagram”, June 3, 2022 via Phocus Wire)
Tripscout has announced plans to launch a hotel booking platform accessible through Tripscout Instagram accounts. According to Tripscout Founder and CEO Konrad Waliszewki, users of the platform will have access to private/gated fares 75% below the best available fares. Users seeking access to the platform send a direct message with the word “hotel” to the relevant Instagram account, which then links the user to the booking platform where the user can search, view and book listings of hotels provided through bedbanks, OTAs and other Suppliers. Tripscout claims to have 30 million regular users of its more than 100 Instagram accounts.

Expedia settles Japan Fair Trade Commission anti-trust probe
(“Expedia Settles JFTC Probe into MFN, Ending Japan’s Antitrust Case Against Travel Booking Sites”, June 2, 2022 via MLEX Insight) (subscription may be required)
No big surprise… Expedia is joining Rakuten and Booking.com in revising its contractual rate parity provisions to apply only to vendors’ own platforms (so-called “tight parity”).

Hopper offers flexible payment options for short-term rentals
(“Hopper and Expedia’s Vrbo Partner on Global Vacation Rentals”, June 1, 2022 via Yahoo! News)
In one of the most exciting developments last week, Hopper announced it was entering into a strategic partnership with Expedia Group’s vacation rental platform, VRBO, under which VRBO would provide Hopper with rental inventory. vacation. With the addition of vacation rentals, Hopper can now extend its industry-leading flexible payment alternatives (e.g. cancel for any reason) to short-term rentals. My question…is that or should that be taken as a sign of something much bigger? In other words, how long will it be before the two companies announce that they are partnering (perhaps even an acquisition by Expedia) on a much broader basis to provide Expedia users with a access to Hopper’s catalog of fintech tools across its entire brand portfolio?

Chase takes on CapitalOne
(“Chase to Launch Consumer Travel Portal; Claims Top Five US Travel Provider With $8 Billion in Sales”, May 28, 2022 via Yahoo! News)
Last month, Chase announced plans to launch a new consumer booking platform – www.ChaseTravel.com – later this year – initially for Chase cardholders and eventually for all of its banking customers. According to Consumer and Community Banking co-CEO Marianne Lake, with Chase’s pandemic acquisitions of cxLoyalty (a two-sided travel platform) and Frosch (a top ten leisure travel agency), the bank is now able to provide the booking engine, expertise and content and service and support infrastructure needed to support its banking customers. According to Lake, Chase is now one of the top five travel providers in the United States (compared to a top 15 travel provider in 2019), even before the launch of the new platform.


Other news:

What Agoda’s new tech-savvy CEO will mean for the Booking Holdings business
June 3, 2022 via Yahoo! New
Booking Holdings has announced Omri Morgenshtern as the new CEO of its online travel agency division Agoda, effective July 1. John Brown who, after 11 years at Agoda – four years as CEO – will become chairman.

Snapchat unveils dynamic ads service for travel advertisers
June 1, 2022 via Phocus Wire
Snapchat launched its Dynamic Travel Ads product to help brands create different advertisements based on their products and services.

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