Glenn Fogel, the CEO of Booking Holdings, praised the bank’s relationships with independent hotels as AI systems and Airbnb threatened to stifle this crucial component of the company’s operations. During a Wednesday income call, Fogel claimed that independent hotels account for” the vast majority” of Booking.com’s place times. Only” a small double-digit percentage” of the top 10 global chain hotels are accounted for by Booking.com, according to Gel, who also provides technical support to independent hotels through its customer service and availability of over 100 repayment options and currencies. There are challenges to competition.
