Google Drives Online Travel Stocks into the Red with New AI Travel Tool

Google has introduced a comprehensive AI tool for travel planning, which immediately left noticeable marks on the stock market. The stocks of Expedia, Booking Holdings, and Trip.com fell further as the company significantly advances into areas that were previously core competencies of traditional online travel platforms. The concern: If users start and complete their entire trip planning directly with Google, the touchpoints with established portals will noticeably decrease. Complete Planning Thanks to AI Mode and Canvas The new system allows...