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News / Online

Lyric lays off 25 employees, closes nearly 30% of units as part of restructuring plan

By Donna M. Airoldi - Business Travel News | March 9, 2020

Lyric, an apartment-style accommodation provider, has cut 25 people from its 150-person workforce and will close 179 of its 600 units nationwide amid a downsizing and restructuring. Read More

News / Distribution

European Commission agrees to data-sharing pact with short-term rental giants

By Linda Fox | March 6, 2020

Online accommodation platforms Airbnb, Booking.com, Expedia and Tripadvisor have agreed to share short-term rental data with the European Commission. Read More

News / Distribution

Flight Centre invests in NDC-led airline tech specialist TPConnects

By Linda Fox | March 6, 2020

The Australia-based travel retailer says the undisclosed investment improves its air content, with TPConnects developing technology based around IATA’s NDC and One Order. Read More

News / Online

Ixigo moves deeper into bus travel with investment in GogoBus

By Mitra Sorrells | March 5, 2020

India-based online travel agency Ixigo is investing in the first round of funding for smart bus startup GogoBus. Read More

News / Online

VIDEO: American Express GBT on rogue spend, digital experience and content fragmentation

By Linda Fox | March 4, 2020

American Express GBT's Evan Konwiser, executive vice president of product and strategies, joins us in the PhocusWire Studio at Travel Technology Europe 2020. Read More

Opinion / Distribution

COVID-19 and the global hotel industry: A roadmap to recovery, part 2

By Yuki Hu, Eva Liu & George Yu - IDeaS | March 4, 2020

Although hotels can’t press the “restart” button on 2020, they can launch into “repair” mode now, despite being forced to a standstill by the big pause button that is COVID-19. Read More

Opinion / Distribution

As travel giants circle, understanding the economics in tours and activities is vital

By Olan O'Sullivan - TrekkSoft | March 3, 2020

In the past 24 months, the tours and activities sector has moved from, to borrow a Cinderella analogy, the cinders to the palace, where its untapped potential has moved into the sights of major travel... Read More

News / Distribution

Corporate travel industry could see $47B per month hit from coronavirus

By Linda Fox | March 2, 2020

In a GBTA survey, two thirds of companies have cancelled a “few” meetings or events while 18% say they have cancelled “many” and 25% have cancelled “some.” Read More

Opinion / Distribution

COVID-19 and the global hotel industry: A roadmap to recovery, part 1

By Yuki Hu, Eva Liu & George Yu - IDeaS | March 2, 2020

Amid the COVID-19 coronavirus outbreak, here are actionable steps for hotels to take now to proactively begin the road to recovery: Read More

News / Distribution

Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020

By Steven Lerner | February 28, 2020

Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS industry. Read More

News / Distribution

Sabre to invest $150M in technology as operating income drops 35% for full-year 2019

By Steven Lerner | February 26, 2020

To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020. Read More

News / Startups

Golden shots and wild cards - how IAG brings startups through Hangar 51

By Linda Fox | February 26, 2020

In the coming weeks, British Airways parent company IAG will enter the fifth year of its Hangar 51 accelerator program. Read More

News / Technology

American Express GBT unveils unified accommodation platform

By Linda Fox | February 26, 2020

The travel management company aims to curb rogue hotel spend with the launch of its Rest Assured Solutions technology. Read More

News / Distribution

IATA forecasts coronavirus will reduce airline revenue by nearly $30B

By Robert Silk - Travel Weekly | February 25, 2020

Of the $29.3 billion in lost revenue that IATA forecasts, $27.8 billion would be lost by Asia Pacific carriers. Read More

From Our Partners / Distribution

Debunking the myths of the Next Generation Storefront for airlines

By Anne Kolodziej - ATPCO | February 24, 2020

As with any industry-disrupting innovation, good news travels fast but misinformation flies at Mach speed. Such is the case with the Next-Generation Storefront, or NGS. Read More

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