Mastercard’s Post

🔗 Discover how Expedia Affirm is revolutionizing travel payments! This 'buy now, pay later' solution offers transparency and affordability, transforming how travelers book their journeys. 🌟 Vacation rental hosts, take note—there's a lot to learn here about staying competitive. Check it out: https://lnkd.in/eFerKfqC #InnovativeTravel #HospitalityIndustry #BusinessStrategy

🚀 Below, image from the 2023 Q3 Result Releases of the two OTA giants, Expedia Group & Booking Holdings (NASDAQ: BKNG). 🎉 Along with other smaller #travel, #tourism and #hospitality firms, it seems that the Q3 (the summer quarter that holds the larger travel movement traditionally) has been extremely successful globally. We also observe that despite the difficult geopolitical and economical environment demand stays high and there is propensity for further travel spending in 2024 (various researches that are being posted lately). 😱 I will stick to the #B2B focus of Expedia. I have worked almost the whole of my life in an travel/tourism intermediary, #DMCs, #bedbanks, #touroperators etc. I have witnessed the power of Expedia especially in the API connectivity space and it is almost frightening! 💻 It seems that #technology will be the forefront for domination not only for the B2C consumer space but also in the B2B. Tour operators in many places still operate pretty low-tech due to their contracting leverage and also due to their control of the flights i.e. charters especially in Europe. I am not sure how the traditional model will keep up while gigantic Expedia takes more of the wholesale pie. And it is not only Expedia, technology will keep posting opportunities and addressing challenges to the old status.

Industry leaders Airbnb and Expedia Group are heavily investing in group travel features as they realize what we’ve been preaching for a few years now: the future of travel is social. In case you missed it, our latest blog post explains what social revenue is, why it’s important, and how vendors of all sizes can leverage those capabilities at the fraction of in-house development costs. Click below to learn how to increase revenue for your travel websites. #grouptravel #purchasingpower #revenue #socialrevenue

It was very exciting to research and write this piece on the importance of a travel playbook, especially for financial services brands. Absolutely inspired by the power that travel has in driving customer engagement and loyalty. #Loyalty #CustomerEngagement #TravelRewards #FinancialServicesMarketing

Why Booking #shares could rise 41% in a slowing travel market? Great article: "Shares of the travel website have been the closest thing to a sure thing in the travel universe, outperforming airline stocks, hotels, and Expedia Group (EXPE) in recent years. Over the past three years, the stock has doubled the return of the S&P 500, with those gains having been driven by strength in the overall travel market and Booking’s ability to turn that into profits. Travel is getting trickier after the post-Covid boom, but Booking’s strengths, particularly in Europe, give it an advantage that should mean continued outperformance in the years ahead." #Investingin2023

Expedia Group’s new “The Path to Purchase” report provides actionable insights to help travel companies inspire, engage, and convert travelers at each stage in the online shopping journey. To better understand evolving travel preferences and behaviors, Expedia Group and Luth Research combined digital data in the 45 days before a trip booking with survey data asking consumers about their motivations and influences for recent trips. The resulting Path to Purchase report highlights engagement opportunities throughout the shopping journey and drills down into regional insights focused on travelers in seven countries: Australia, Canada, France, Japan, Mexico, the UK, and the U.S. Read and download here! #expediagroup #pathtopurchase #travelertrends #travel #tourism

👫👫 Group travel is quickly becoming a key priority for travel brands. ➡ There's a growing demand for a platform that streamlines and centralizes the group travel booking process into a simple solution that enables vendors to access insight on key decision drivers like customer sentiment when conversations unfolded away from the vendor's site. ➡ Household names such as Airbnb and the Expedia Group lately announced such capabilities. ➡ Joyned has been ahead of the curve, offering superior capabilities for travel brands - at the fraction of in-house development cost. 🙌 We're proud to be at the forefront of social revenue technology, with a deep understanding that the future of travel is social - and how to shape the tech that takes us there. 📖 To read more about the rise of group travel planning, read on below! #grouptrips #grouptravelplanning

If Covid-19 taught us anything, it’s that change happens fast. And it’s true that how we now travel has been revolutionized by the accelerated adoption of technology. This is where digital travel platforms like Agoda can help hospitality partners to fast track the use of tech and data to innovate their guests’ travel experience. It’s all about winning back these travellers’ confidence, giving them access to technology solutions throughout their travel booking journey that help them to make measured decisions about how, when and where to travel. #agoda #traveltech #traveltrends https://bit.ly/3cW0Z3q

If Covid-19 taught us anything, it’s that change happens fast. And it’s true that how we now travel has been revolutionized by the accelerated adoption of technology. This is where digital travel platforms like Agoda can help hospitality partners to fast track the use of tech and data to innovate their guests’ travel experience. It’s all about winning back these travellers’ confidence, giving them access to technology solutions throughout their travel booking journey that help them to make measured decisions about how, when and where to travel. #agoda #traveltech #traveltrends https://bit.ly/3cW0Z3q