Online travel agents wary of Google encroaching on their turf
Washington
AT the largest online travel conference last week, industry executive Steve Hafner was asked an unusual question: What's the first word that comes to mind when you think about Google? "Annoying", said Mr Hafner, chief executive officer of Priceline Group Inc's Kayak business.
Mr Hafner captured the mood well. Despite more than US$15 billion in annual revenue and hefty profits, online travel agents such as Priceline and Expedia Inc are increasingly wary of Google encroaching on their turf. That's lifting tension with a sector that's one of Google's biggest advertisers.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Are these drones too Chinese to pass US muster in an anti-China moment?
Google to invest US$350 million in India's Flipkart, valuing company at US$37 billion
Summit host South Korea says world must cooperate on AI technology
Private markets slow to adopt tokenisation; still seeking clear use-case
Hong Kong says Sam Altman’s Worldcoin crypto breached city’s privacy laws
PropertyGuru Q1 loss narrows to S$6.3 million