Distribution

News / Online

Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)

By Steven Lerner | March 13, 2020

Most of the value has been decimated due to the spread of the COVID-19 coronavirus, with bookings declining and analysts anticipating a long-term impact. Read More

News / Startups

VIDEO: Taptrip on partnerships, consumer tech and distribution giants

By Linda Fox | March 12, 2020

Corporate travel tech startup Taptrip joins PhocusWire in the studio at Travel Technology Europe. Read More

News / Distribution

VIDEO: Click Travel on growth and the new breed of business travel startups

By Linda Fox | March 10, 2020

Click Travel joined PhocusWire at Travel Technology Europe 2020 to talk about tech, startups and profitability in business travel. Read More

News / Distribution

VIDEO: SAP Concur on coronavirus, duty of care and Google in corporate travel

By Linda Fox | March 10, 2020

PhocusWire talks to SAP Concur about rogue spend, what's next in expense management and more at Travel Technology Europe 2020. Read More

News / Technology

Checkfront raises $9.3M round, talks up independent role for activities

By Kevin May | March 9, 2020

The Canada-based company, which this year celebrates a decade of operations since its creation, received the round in a deal led by Framework Venture Partners. Read More

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