Booking's Layoffs, Hyatt's Boutique Strategy and Junk Fees on Trial

Booking Holdings has laid off around 60 employees at Rocket Travel by Agoda to streamline operations, while reaffirming its overall business-to-business strategy. Meanwhile, U.S. Senators criticized airline executives over excessive fees, with executives defending practices like unbundling fares to make travel more accessible. Lastly, Hyatt is expanding its luxury and lifestyle portfolio by courting independent hotel owners, offering operational support while allowing them to maintain their unique identities.

• Booking Holdings has laid off around 60 employees
• Airline executives faced a grilling from U.S. Senators
• Hyatt is courting independent owners

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