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Online
Despegar posts second quarter of profitability as demand recovers
By Jill Menze
|
May 19, 2022
The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022.
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News
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Distribution
Amex GBT reports large client travel demand accelerating
By Michael B. Baker - BTN
|
May 17, 2022
For Q1 2022, Amex GBT reported $350 million in revenue, up 179% compared with the first quarter of 2021 and half of pre-pandemic levels in 2019.
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News
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Startups
Members-only home-swap network Kindred lands $7.75M
By Jill Menze
|
May 13, 2022
Founded in 2021, Kindred helps homeowners and renters take advantage of work-from-anywhere flexibility.
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News
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Technology
Expedia Group on “deconstructing” online travel
By Jill Menze
|
May 13, 2022
The online travel giant’s Open World platform is designed for partners of all sizes to take advantage of Expedia Group’s technology.
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News
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Startups
Katanox raises $5.7M, adds Expedia exec Rob Torres to board
By Mitra Sorrells
|
May 12, 2022
Katanox says it will use this funding to expand internationally and further develop its platform and integrations with CRS, PMS and payment service providers.
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News
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Distribution
Sabre acquires Nuvola to enrich hospitality retailing solutions
By Jill Menze
|
May 9, 2022
With Nuvola, Sabre aims to tackle the on-property fulfillment challenges that arise for hoteliers offering a wide range of ancillaries and attributes.
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News
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Technology
Iomob partners with Next Earth metaverse for journey planning
By Linda Fox
|
May 9, 2022
The aim of the partnership is to collaborate on the development of a service to plan real-life journeys via the metaverse.
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News
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Online
Inside Expedia Group's new unified loyalty program
By Jill Menze
|
May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands.
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News
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Distribution
Despegar to acquire Brazilian OTA Viajanet
By Mitra Sorrells
|
May 6, 2022
This marks the third acquisition of a Brazil-based company for Despegar, which operates as Decolar in the Brazil market.
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News
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Distribution
Amadeus pockets highest revenue quarter in two years
By Kevin May
|
May 6, 2022
The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.
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News
/
Technology
777 Partners acquires AeroCRS and WorldTicket
By Mitra Sorrells
|
May 5, 2022
The firm says it will form a new travel group to offer a suite of products to airlines and travel companies for retailing, distribution, interlining and passenger connectivity.
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News
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Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells
|
May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.
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News
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Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells
|
May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.
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News
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Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze
|
May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience.
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News
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Startups
Mint House raises $35M led by Mohari Hospitality
By Mitra Sorrells
|
May 4, 2022
Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets.
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