🎰 Barry Diller's People Inc plans to bid for full control of MGM Resorts, valuing it at over $18 billion. As of now, People Inc owns 26.1% of MGM, with two board seats. MGM Resorts has yet to comment on the report from The New York Times.

📲 TikTok GO launches, enabling users to book hotels, tours, and experiences directly within the app. Integrated partners include Booking.com, Expedia, Viator, GetYourGuide, Tiqets, and Trip.com. This shift reflects the fading of the traditional travel funnel, with inspiration, discovery, and booking now merging in single digital spaces. Key strategic challenges for hospitality include controlling visibility, managing supplier dependency on intermediaries, and adapting to “social commerce” environments. TikTok evolves from a marketing channel to a transactional interface.

📱 Neobanks like Revolut and N26 are transforming travel booking by integrating it into their apps, challenging traditional OTAs like Booking.com. This shift caters to tech-savvy Millennials and Gen Z, who use fintech apps frequently. Neobanks offer 3%-10% cashback incentives, and possess deep spending data, enabling personalized travel recommendations. WIWT.travel supports this by acting as a financial distribution switch for hotels, connecting them to this evolving ecosystem of super-apps.