Distribution

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 / 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

News / 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. Read More

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. Read More

News / 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. Read More

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. Read More

News / Technology

New product displays COVID-19 stats on airline, hotel and OTA websites

By Mitra Sorrells | May 4, 2020

Bacarai's new SmartCheck product pulls publicly available COVID-19 data from cities around the world. Read More

Opinion / Online

How smart financial forecasting can protect hotel asset value

By Sanjay Nagalia - IDeaS | May 4, 2020

When forecasts are inaccurate, bad decisions result. When forecasts are realistic and comprehensive, they help protect asset value until revenues start flowing again. Read More

News / Distribution

Sabre and Farelogix $360M merger deal cancelled

By Mitra Sorrells | May 1, 2020

Sabre and Farelogix are ending their plans to merge after a U.K. ruled against the deal. Read More

News / Distribution

How aviation should plan for a different sector to emerge post-coronavirus

By Linda Fox | April 30, 2020

No one can safely predict how long it will take for the industry to bounce back, but aviation experts are hoping for a return to 80% of pre-COVID-19 levels in two to three years. Read More

News / Startups

Frontdesk secures $6.8M Series A, targets longer stays due to COVID-19

By Mitra Sorrells | April 30, 2020

Frontdesk has secured a $6.8 million Series A round from its existing investors as it aims to provide an alternative to lengthy apartment leases. Read More

News / Distribution

Airlines could look to subscription services as a core part of revenue going forward

By Linda Fox | April 28, 2020

PROS looks at whether airline annual subscription services could be a strong revenue stream for carriers in the wake of coronavirus. Read More

News / Distribution

REPORT: COVID-19 Hotel Forecast - London

By PhocusWire | April 28, 2020

One concerning factor is London's steep ADR decline may indicate more discounting than merely attributable to share shifts from luxury to midscale and economy chain scale properties. Read More