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Stock impact report

Traveling Hopefully - Is There Room For Disruption In A Mature Online Hotel Booking Market? [Forbes]

Booking Holdings Inc. (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
Company Research Source: Forbes
Over the last twenty years or so, we’ve all got used to going online to book accommodation. We filter our search by location, price and dates, scroll down a list of available options and then reach for a credit card. Generally, it’s a seamless experience. So does the world really need another hotel booking system? Well somebody clearly thinks it does. Earlier this month, London based travel data company, Impala secured $20 million in series B funding having raised $11 million in series A just four months earlier. Now when VCs start writing checks - and in this case the money came from Lakestar and Latitude Ventures - it usually means they feel there is a market to be disrupted. So when I spoke to A Lack Of Automation “People do have the impression that everything is automated, but that is actually not true,” he says. “Outside of the big booking sites such as Booking.com and Expedia, you’ll find a lot of information is transferred manually. And this is very slow and reliant on the hote Show less Read more
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