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InPhocus, episode 10 - Farelogix tells all on the failed Sabre deal
By PhocusWire
|
May 14, 2020
PhocusWire's Kevin May talks to Jim Davidson, CEO of Farelogix, to get his take on the entire story, including the background to the deal, the court case, the decision to nix the acquisition two weeks...
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News
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Distribution
TUI targeting 30% reduction in costs and staff post-coronavirus, aims to accelerate digitalization
By Linda Fox
|
May 13, 2020
TUI has slashed costs by 70% but is in talks with destinations such as Greece and Portugal for resumption of summer 2020 trips.
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News
/
Technology
How airports are considering ways to reduce human contact
By Dawit Habtemariam - BTN
|
May 13, 2020
Airports are considering how to prepare for a post-COVID-19 air travel environment in order to protect and reassure a public wary of flying.
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News
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Distribution
REPORT: COVID-19 Hotel Forecast - Los Angeles
By PhocusWire
|
May 12, 2020
Differences in year-over-year RevPAR variance for March and April showed that the impact on Los Angeles was less severe than for most major markets.
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News
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Distribution
Amadeus revenue drops by a quarter, agency air bookings slump 50%
By Kevin May
|
May 12, 2020
Distribution revenue almost halved at Amadeus in the first quarter of 2020 as the coronavirus pandemic slammed traveler plans around the world.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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Distribution
Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition
By Linda Fox
|
May 6, 2020
Despegar says bookings are down 32% and revenue is down 43% as it puts cost-cutting measures in place.
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News
/
Startups
Futurestay announces $2.4M venture round, plans for "runway into 2022"
By Mitra Sorrells
|
May 6, 2020
Short-term vacation rental technology provider Futurestay has raised $2.4 million in a venture round.
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News
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Online
Airbnb lays off 25% of staff, cuts back investment in hotels, transportation
By Jill Menze
|
May 5, 2020
As a result of the effects of the COVID-19 crisis, Airbnb is eliminating 1,900 jobs and cutting investment across business units.
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News
/
Distribution
REPORT: COVID-19 Hotel Forecast - Boston
By PhocusWire
|
May 5, 2020
Boston started March in better shape than New York across the board, but its downward slope accelerated much more aggressively.
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