frontdesk-7m-funding
News / Startups
Urban short-term rental company Frontdesk raises $7M
By Mitra Sorrells August 5, 2021
Frontdesk plans to continue its aggressive growth plan, with an aim to double its portfolio before the end of this year and turn profitable in 2022. Read More
booking-holdings-q2-2021
News / Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.   Read More
News / Online
Ixigo acquires Abhibus, boosts presence beyond India's major cities
By Linda Fox August 5, 2021
The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s being sold for a mixture of cash and Ixigo stock.... Read More
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods of the year.... Read More
News / Online
VIDEO: Time to revamp payments in hospitality
By PhocusWire August 4, 2021
XanderPay CEO Mike Carlo discusses the problems and inefficiencies plaguing the hospitality industry when it comes to payments and offers suggestions for innovations.... Read More
News / Distribution
Booking.com launches Flash Deals for hotels
By Kevin May August 4, 2021
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that time period, customers will get up to 30% off a selected room and rate.... Read More
News / Technology
ALERTS: New deals, products, partnerships and hires in digital travel
The backbone of the travel, tourism and hospitality industry is powered by technology and digital... Read more
News / Online
Lyft achieves adjusted EBITDA profitability for first time
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter... Read more
News / Technology
VIDEO: Easing the burden of paying for travel
What is the appeal of buy-now-pay-later for brands? What segments of the industry is it more popular... Read more
Interview / Startups
STARTUP STAGE: TravelRank guides travelers to new destinations via AI
TravelRank's AI analyzes the user's travel history and compares it to data of similar travelers and... Read more
News / Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an... Read more
Opinion / Technology
What destinations can do about Apple's location data overhaul
Building a strategy that isn’t solely reliant on IP address is a smart investment in the future,... Read more
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