This week’s Update features two stories from local (Seattle) publications. The first, from Seattle’s most well-known technology newsletter, Geekwire, provides a local perspective on Steve Singh’s ongoing efforts to create the corporate traveler’s “perfect trip.” The second, from our local Business Journal, provides additional details on the management shakeup at Expedia Group. Enjoy.
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- EU Launches Investigations of DMA Gatekeepers. This past month, the EU Commission has launched five investigations into gatekeepers’ (Alphabet, Apple and Meta) alleged non-compliance with the Digital Markets Act (DMA). One of the two investigations of Google parent, Alphabet, focuses on whether Google’s recent changes continue to prefer its platforms and channels (particularly around travel) over those of third parties.
- Seattleite Steve Singh Leads Investor Group’s Purchase of Direct Travel. Former Concur CEO, Steve Singh, and other investors announced this past week the purchase of Colorado-based corporate travel management company, Direct Travel ($300 million annual revenue and 1800 employees). Following the purchase, Singh will serve as the company’s executive chairman, a role he also serves with other corporate and group travel players, Spotnana , Center and Troop (all of which plan to partner with each other in the future). The purchase is the fourth piece (of five total) in Singh’s effort to build the “perfect trip.” According to Singh, the fifth and final piece will focus on tools to better manage hotel inventory and bookings. Stay tuned.
- Expedia and Amadeus Announce NDC Partnership. Expedia and Amadeus captured much of the industry’s attention this past week with their announced 1-year technology partnership under which Amadeus will provide much of its NDC content to Expedia, allowing Expedia to offer travelers additional supplier products and services (e.g., airline seat selection).