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).
Supply chain issues have become one of the biggest roadblocks for the U.S. EV market, with production woes likely to stunt the industry's growth in 2022. Rich Steinberg, electric vehicle expert and industry advisor, told Cheddar that the Biden administration investing in domestic mining for essential minerals used in battery manufacturing — such as lithium — could help alleviate the bottlenecks. "Some of those same materials are available domestically, they just haven't been prioritized," he said, noting the paradox between green tech and "dirty" mining. "The good news is that there are ways to extract those materials cleanly."
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Social media platform TikTok was the most visited website in 2021, topping Google, Facebook, Microsoft, and Apple, according to IT security company Cloudflare.
AdTheorent just the latest company to go public via a SPAC. The company specializes in digital advertising, using AI and machine learning as a tool to move marketing forward. AdTheorent to close its SPAC merger with MCAP Acquisition today and will trade on the Nasdaq under the ticker symbol ADTH. CEO Jim Lawson spoke with Cheddar ahead of the move.
Although still early in development, blockchain technology, Web3, also known as Web 3.0 has been getting a lot of attention from some top tech names lately. Web3 is based on blockchain technology, which powers NFT’s and cryptocurrencies such as bitcoin. With Web3, users would ideally control their own data, rather than have it be controlled by a few large companies. But, Tesla CEO Elon musk isn't buying into Web3 just yet, tweeting over the weekend that the decentralized iteration of the internet seems more like a marketing "buzzword" right now than reality. Twitter co-founder Jack Dorsey also chiming in to the conversation, expressing doubt over whether or not Web3 would actually be decentralized if ownership still belonged to venture capital firms. Parker McCurley, co-founder & CEO of Decent Labs explains the significance of Web3 catching the eye of the tech giants, and what Web3 could mean for the future of the internet.
Carlo and Baker cover the heartening news on the Covid front ahead of the holiday, plus President Biden punting student loan repayments again, a new space telescope and Love, Hate, Ate: Christmas Eve Eve Edition!
