Coronavirus

News / Startups

Travel startup accelerator seeks ideas to help promote Russian tourism

By Linda Fox | May 11, 2020

Entrepreneur and cybersecurity expert Eugene Kaspersky is behind the initiative. He says that while it might feel like a strange time to focus on travel, it’s important to support startups. Read More

News / Online

How to digitally prepare a hotel website for reopening

By Kurt Weinsheimer - Sojern | May 11, 2020

To be ready for recovery, boutique hotels can lay the groundwork to ensure their digital ecosystem is in order before opening day - and a healthy digital ecosystem starts with the hotel website. Read More

News / Startups

Accessible travel startup Handiscover secures €1.6M in grant funding

By Mitra Sorrells | May 11, 2020

Handiscover will use the funding to develop its online travel agency, which currently lists 35,000 accessible accommodations in more than 100 countries. Read More

Opinion / Online

How to rebuild a "future-fit" tourism industry

By Justin Francis - Responsible Travel | May 11, 2020

Responsible Travel CEO Justin Francis shares what's on his wish list for the tourism industry after COVID-19. Read More

News / Distribution

Sabre notes "massive challenge to the industry" as revenues slump by a third

By Kevin May | May 8, 2020

The coronavirus outbreak has hit Sabre across all of its metrics, with revenue down from $1.05 billion in Q1 2019 to $659 million in the same period in 2020. Read More

Interview / Online

Sounding Off: There is no single metric for success right now (there are many)

By PhocusWire | May 8, 2020

The industry is not going through such straightforward times as those when the success metric to use was market share. So it's time to think deeper and wider. Read More

News / Online

Uber posts surprise increase in bookings but losses climb to $3B

By Kevin May | May 8, 2020

Ride-hailing giant Uber boosted gross bookings to $15.8 billion in the first quarter of 2020, beating expectations that the coronavirus outbreak would eat immediately into the company's... Read More

News / Online

Booking Holdings Q1 gross bookings plummet 51%, total revenue down 19%

By Mitra Sorrells | May 7, 2020

Booking Holdings CEO Glenn Fogel says it will take "years - not quarters" for the travel industry to recover, as the company saw its gross bookings drop more than 50% in the first quarter of 2020. Read More

News / Distribution

"Darkest of days" for Tripadvisor as it reports revenue losses, reduced headcount for Q1 2020

By Linda Fox | May 7, 2020

Bookings and revenue are down more than 90% for late March, says Tripadvisor as it reports its Q1 2020 earnings. Read More

News / Technology

WEX cancels plan to purchase eNett and Optal

By Mitra Sorrells | May 7, 2020

WEX is walking away from its planned purchase of eNett and Optal, citing the impact of the COVID-19 coronavirus as the reason. Read More

News / Distribution

Hilton turns profit in Q1 2020 despite coronavirus

By Jill Menze | May 7, 2020

Hilton turned a profit to the tune of $18 million in the first quarter of 2020 - down from $159 million for the same period in 2019 - despite the threat of the coronavirus. Read More

News / Distribution

InPhocus, episode 9 - Stuck in the middle with you

By PhocusWire | May 7, 2020

We discuss how brands that sit between consumers and suppliers have been dealt with a number of issues relating to cash flow and appeasing their commercial partners during the coronavirus outbreak. Read More

News / Online

Airbnb advisor Chip Conley on leadership, liquidity and opportunities in a post-COVID travel industry

By Mitra Sorrells | May 7, 2020

The advisor to Airbnb shared his advice for travel leaders and entrepreneurs during an online event hosted by Plug and Play Tech Center. Read More

News / Technology

Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus

By Jill Menze | May 6, 2020

Lyft is reporting revenue of $955.7 million in the first quarter of 2020, a year-over-year increase of 23% versus $776 million in the first quarter of 2019. Read More