Booking.com Takes on Airbnb, But Don't Call it a Clone
*By Conor White*
Booking.com recently surpassed five million listings for homes and apartments for rent, announcing the online travel site as a worthy competitor to Airbnb.
But Booking.com's chief executive said in an interview Tuesday with Cheddar that the comparisons end there.
"Everything is instantly bookable at Booking, we don't charge customer fees, so there's some principle differences as to the products we offer customers," said the CEO, Gillian Tans. "We want to make sure we grow this segment in a way that customers know Booking.com today."
Booking.com said it has the largest online selection of vacation rentals to cater to a growing number of millennial travelers who prefer to stay in homes and apartments instead of hotels.
"The growing segment in homes and apartments is, of course, something that appeals to millennials, but also to families," said Tans, who was attending the Collision conference in New Orleans this week. "But you also see that providing insight into what can you do once you arrive at the destination is something that we are expanding."
Booking.com's focus on experiential travel is on point. According to a study by the Adventure Travel Trade Association, 54 percent of travelers plan to participate in an adventure activity on their next trip.
For full interview, [click here](https://cheddar.com/videos/booking-com-surpasses-five-million-listings).
John Deere is getting on board the autonomous vehicle craze with its own self-driving tractors. The farming and forestry equipment manufacturer made the announcement at the 2022 CES convention in Las Vegas. Jahmy Hindman, chief technology officer at John Deere, spoke to Cheddar about the shift to self-driving to agriculture and how it will help farmers produce even more food as the world's population continues to grow. "It's all about trying to do more with less in farming," he said. "Labor's already a problem on the farm, and it's only getting to be more of a problem in the future. And we really view autonomy as a way to solve that problem."
It is 'game on' for sports bettors in the state of New York, as mobile betting kicks off on four major betting operating platforms this Saturday. The state, with over 20 million residents, will be the most populous state with legal online sports betting. Max Bichsel, VP of US Business for EmpireStakes.com joins Cheddar News to discuss.
Far too often, Americans are forced to navigate a tangled web of outdated government websites, offices way out of their reach, and hours of time 'on hold' to access the simple government services they depend on. A recent executive order, signed by President Biden, is intended to improve, streamline and modernize the 'customer' experience when accessing government services. Mina Hsiang, the administrator of the United States Digital Service, joins Cheddar News to discuss how the tech workforce is impacted by this executive order.
Cheddar has been following all things innovative, fascinating, and downright cool from CES 2022. Watch the full episode, hosted by Cheddar's Ken Buffa and Michelle Castillo.
Private equity firms in 2021 spent $401.71 billion in U.S. tech investments — doubling 2020's level of $196.34 billion. As tech becomes increasingly interwoven into our lives amid the pandemic, investors grow bullish on the sector, especially software-as-a-service companies. How will 2022 stack up to 2021, and is there potential for parts of the tech sector to sink this year? John Jannarone, Editor in Chief at IPO-Edge, joins Cheddar News' Closing Bell to discuss 2021's record year of deals, how potential interest rate hikes will impact tech investments in 2022, the fastest-growing IPOs, and more.
