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A federal judge ruled that Google violated antitrust laws by using its ad tech tools to maintain a monopoly, a decision that could benefit travel advertisers like Expedia and Trivago, who have long criticized Google's dominance. Skift Research warns of potential recession impacts on the travel industry, with luxury hotels like Hyatt already seeing share-price declines, though this segment may prove more resilient than in past downturns. Meanwhile, a Global Business Travel Association poll shows that nearly a third of travel managers expect reduced business travel this year, largely due to rising costs and visa-related concerns.
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Subscribe to @SkiftNews and never miss an update from the travel industry.
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A federal judge ruled that Google violated antitrust laws by using its ad tech tools to maintain a monopoly, a decision that could benefit travel advertisers like Expedia and Trivago, who have long criticized Google's dominance. Skift Research warns of potential recession impacts on the travel industry, with luxury hotels like Hyatt already seeing share-price declines, though this segment may prove more resilient than in past downturns. Meanwhile, a Global Business Travel Association poll shows that nearly a third of travel managers expect reduced business travel this year, largely due to rising costs and visa-related concerns.
LinkedIn: https://www.linkedin.com/company/skift/
WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/
Facebook: https://facebook.com/skiftnews
Instagram: https://www.instagram.com/skiftnews/
Threads: https://www.threads.net/@skiftnews
Bluesky: https://bsky.app/profile/skiftnews.bsky.social
X: https://twitter.com/skift
Subscribe to @SkiftNews and never miss an update from the travel industry.
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