Lyft achieves adjusted EBITDA profitability for first time
News / Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells | August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More
LIVE BLOG: Coronavirus and the travel industry - impact and recovery
News / Online
LIVE BLOG: Coronavirus and the travel industry - impact and recovery
By PhocusWire | August 4, 2021
PhocusWire's live blog is charting the impact of COVID-19 on the travel industry and the sector's efforts to recover. Read More
Sabre revenues less than half of 2019 levels despite some travel resuming
News / Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May | August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic... Read More
REPORT: Influencing and activating travelers as travel recovers
News / Online
REPORT: Influencing and activating travelers as travel recovers
By Hollis Thomases - PhocusWire | August 3, 2021
This exclusive report, produced by PhocusWire in association with TINT, examines what has come before and what comes next for travel brands as they utilize social to assist in their recovery efforts. Read More
VIDEO: Navigating the travel payments ecosystem in Asia
News / Technology
VIDEO: Navigating the travel payments ecosystem in Asia
By PhocusWire | August 2, 2021
Multi-currency payments; fraud; how many payment methods should you offer – key headaches that need addressing. Read More
amadeus-q2-2021
News / Distribution
Amadeus scores some financial improvements as traveler restrictions ease
By Linda Fox | July 30, 2021
The distribution company reported improvements in revenue and EBITDA compared to Q1, while air bookings are recovering in all regions. Read More
Airlines must embrace tech to improve passenger experience
Opinion / Technology
Airlines must embrace tech to improve passenger experience
By Juan Hoyos - Cinq | July 30, 2021
How can airlines use technology to improve the overall customer journey as travelers take off in growing numbers? Here are three areas that airlines can focus on to improve the passenger... Read More
exoticca-$30M-funding
News / Startups
Exoticca lands $30M investment to develop packages platform
By Linda Fox | July 30, 2021
Multi-day packages operator Exoticca has now raised a total of $53 million. Read More
Trivago seeing some markets bounce back bigger than 2019
News / Online
Trivago seeing some markets bounce back bigger than 2019
By Kevin May | July 29, 2021
Total revenue at the Germany-based company in Q2 was €96 million, up almost 500% from €16 million in the same quarter last year, when much of the industry had ground to a halt. Read More
Phocuswright Europe 2021: Every innovator pitch
News / Technology
Phocuswright Europe 2021: Every innovator pitch
By PhocusWire | July 29, 2021
At Phocuswright Europe, innovators battled for a shot at being crowned the EMEA Travel Innovator of the Year or winning the People's Choice Award. Read More
PhocusWire Pulse: Progress In Travel Payments
News / Technology
PhocusWire Pulse: Progress In Travel Payments
By PhocusWire | July 29, 2021
We look at issues and trends ranging from delayed payment programs, fintech divisions in major travel brands, credit cards, customer trust and much more. Read More
misterfly-10M-funding
News / Online
MisterFly looks to recovery with €10M investment round
By Linda Fox | July 28, 2021
Investment will go towards strengthening the company's financial position, technology development and potential acquisitions. Read More
Refunds, enhanced cleaning drive booking decisions - not price
News / Online
Refunds, enhanced cleaning drive booking decisions - not price
By Jill Menze | July 28, 2021
According to a new report from Expedia Group, price is not the primary driver behind traveler booking decisions. Read More
MakeMyTrip weathers Delta variant storm as revenues climb
News / Online
MakeMyTrip weathers Delta variant storm as revenues climb
By Kevin May | July 28, 2021
MakeMyTrip saw revenues jump to $33 million in the second quarter of 2021, despite the Delta variant of COVID-19 hitting travel plans in the company's domestic market. Read More
VIDEO: Focusing on the opportunities for travel's recovery
From Our Partners / Online
VIDEO: Focusing on the opportunities for travel's recovery
By PhocusWire | July 28, 2021
With mass vaccinations taking place in many countries and the industry attempting to become operational once more, attention is turning to how companies can and should take advantage of the opportunites... Read More