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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.
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News
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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.
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News
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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.
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News
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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.
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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.
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Opinion
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Online
It’s time to skip loyalty and start chasing retention in travel
By Max Kraynov - Aviasales
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February 21, 2020
Rather than loyalty, travel brands should pursue retention by capitalizing on unusual patterns in travel research and booking.
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News
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Online
Travel reservations in China down 79% amid coronavirus scare
By Jill Menze
|
February 21, 2020
According to data analyzed by TravelgateX, travel reservations in China fell 79% in January and are down 90% so far in February.
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News
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Distribution
Hotel loyalty bookings in U.S. reach all-time high
By Donna M. Airoldi
|
February 20, 2020
According to Kalibri Labs, loyalty-related U.S. hotel bookings in 2019 increased 7.6% year-over-year to 56.2%, the highest figure on record.
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News
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Distribution
European airlines emerge top in ancillary add-ons revenue
By Linda Fox
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February 19, 2020
European carriers followed by their Asia counterparts make the most revenue from ancillary add-ons in the 2019 CarTrawler-IdeaWorksCompany report.
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News
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Distribution
Where travel brand loyalty sits in a super app world
By Linda Fox
|
February 18, 2020
It’s hard for major travel brands to ignore super apps given the huge volume of consumers that they attract and their high-frequency usage.
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News
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Distribution
Lufthansa Group renews IT partnership with Amadeus, adds digital services
By Linda Fox
|
February 18, 2020
While the deal was agreed in principle about a year ago, Amadeus says it has taken time to negotiate various elements included in it.
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Interview
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Startups
STARTUP STAGE: Holibob is a marketplace connecting activity suppliers with resellers
By Mitra Sorrells
|
February 13, 2020
Holibob is a B2B marketplace for tours and experiences that provides resellers such as airlines, hotels, travel agents and OTAs with an inventory that has been vetted for safety and quality.
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Opinion
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Online
How Google Flights is shaking up the travel Industry
By Mario Gavira
|
February 12, 2020
Although Google’s recent decision to stop charging for leads to airlines and OTAs in Google Flights might look insignificant to other Big Tech moves in recent decades, it is sending shockwaves across...
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News
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Online
Vacasa founder Eric Breon steps aside, former OpenTable boss becomes interim CEO
By Mitra Sorrells
|
February 11, 2020
After 10 years as CEO of North America’s largest vacation rental management company, Breon is relinquishing the role. OpenTable CEO Matt Roberts steps in as a job search begins.
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Opinion
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Distribution
What are the building blocks of direct sales for hotels?
By Pablo Delgado - Mirai
|
February 11, 2020
Every single hotel, without any exception, whether large or small, independent or part of a hotel chain, with a good or bad reputation, in the centre or in the suburbs, has significant potential to...
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Airlines’ ancillary revenue grows twice as fast as overall revenue
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Google removes vacation rentals unit from search results in the EEA
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The agentic traveler: Is travel ready for AI booking demand?
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Flagship launches with 3 tours and activities brands, further acquisitions planned
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Indian travel platform Travelxp launches agentic AI trip concierge
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PhocusWire's travel tech news briefs: Klook, Omio, Amadeus and more...
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AI transformation in travel: Sejal Amin of Priceline
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Airbnb's Chesky outlines monetization strategy
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Marriott, Spotnana unveil CRS integration
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