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Skift Daily Briefing
Skift
Trip.com Just Took a $770 Million Hit and It's Changing the Rules for Hotels
SEP 17, 20265 MIN
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Description
China's antitrust crackdown costs Trip.com $770 million and forces a full overhaul of how hotels compete on its platform, American Airlines puts the industry on notice that high fuel prices mean fewer flights, and Sam's Club makes a move into cruises targeting one of travel's last offline holdouts.
On today's Skift Daily Briefing, Tasmin Lockwood, Skift's Climate and Experiences Reporter, breaks down why Trip.com's regulatory hit matters less than the new rules it's writing for hotel partners, how fuel costs rather than demand could slow American Airlines' faster-than-rivals growth, and whether Sam's Club can finally crack cruise booking's stubborn resistance to going digital.
This episode is brought to you by ZS
Articles Referenced:
Connect with Tasmin Lockwood
Trip.com Group's Antitrust Reset Could Change How Hotels Compete on Its Platform
American Airlines to Cut Capacity if Fuel Costs Stay High
Sam's Club Travel Relaunches With Cruises and Deal With Rocket Travel's Founders
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