澳洲航空忠诚计划宣布与Expedia Group达成战略技术合作，覆盖Qantas Hotels & Holidays与Jetstar Holidays平台的数字预订体验与技术能力。Expedia Group B2B将基于其Composable Agentic Template为澳航打造端到端旅行体验，客户可在单一入口预订酒店与假期套餐、赚取和兑换澳航积分并管理整个行程。升级后的平台计划于2027年上半年上线，建设与整合工作正在进行中。
Expedia Group B2B总裁兼首席商务官Alfonso Paredes表示，CarTrawler收购已于9月1日完成，Tiqets已全面整合，其活动库存已上线Expedia Rapid API，并在英国Travel Agent Affiliate Program小范围测试。Expedia B2B第二季度收入同比增长23%，已连续20个季度实现双位数增长，但利润率因合作方组合与整合成本承压。Paredes称最大风险是失去专注，并强调AI是界面、Expedia B2B是基础设施。
HBX Group, parent of Hotelbeds, the world's largest independent hotel bed bank, expects flat-to-lower revenue and declining adjusted EBITDA despite adding over EUR 1 billion in travel volume this year. The core issue is take-rate compression: the spread per booking dropped from a 9% prospectus assumption to 7.3% in Q3 FY2026, the lowest since listing. Drivers include a shift to lower-margin third-party supply and OTA channels, partner margin pressure, the Middle East conflict (a roughly 3-point growth drag), and rising fintech penetration. Structurally, with Expedia, Booking, WebBeds, TBO, and RateHawk all offering inventory via APIs, access to hotel rooms is no longer the moat it once was.…