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Booking's acquisition of ETraveli could hit regulatory snags
By Linda Fox
|
November 11, 2022
A year ago Booking Holdings announced its €1.6 billion takeover of ETraveli, whose brands include Gotogate, Flygresor, Seat24, Mytrip, virtual interlining technology provider TripStack and Flight...
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Earnings roundup: Amex GBT, Sonder, Vacasa
By Mitra Sorrells
|
November 11, 2022
As publicly traded travel companies continue to report their third quarter 2022 earnings, we round up the latest reports.
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News
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Online
Marriott launches apartment-style accommodations in North America
By Mitra Sorrells
|
November 9, 2022
Unlike Marriott’s existing extended-stay brands, these properties will not provide traditional hotel services such as food and beverage, meeting spaces and retail.
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News
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Online
Busbud merges with Betterez, gets funding from Amadeus Ventures
By Mitra Sorrells
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November 9, 2022
Founded in 2011, Busbud offers bus tickets from more than 3,900 companies in more than 80 countries.
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TripActions gains foothold in Spain with latest acquisition
By Linda Fox
|
November 8, 2022
The acquisition of the Spanish company is the fourth for TripActions Group in the past 18 months after Reed & Mackay in 2021 and Comtravo and Resia in early 2022.
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Video: Opportunities and challenges in B2B travel distribution
By PhocusWire
|
November 8, 2022
TBO co-founder Gaurav Bhatnager explains how technology enables the platform to connect more than 100,000 travel buyers with millions of travel suppliers across more than 110 countries.
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Hopper and Capital One extend partnership fueled by new $96M investment
By Mitra Sorrells
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November 7, 2022
Capital One Travel uses Hopper Cloud to offer customers features such as price alerts, price drop protection and the ability to cancel a flight for any reason.
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Report: How travel fintech can boost revenue
By Cathy Walsh - PhocusWire
|
November 7, 2022
Find out how flexible travel products can provide travelers with the reassurance needed to book with confidence.
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News
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Distribution
Amadeus makes further progress towards recovery in Q3
By Linda Fox
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November 4, 2022
Amadeus revenue for the third quarter of 2022 represented 87% of its third quarter revenue in 2019.
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Online
EasyJet holidays partners with Musement for tours and activities bookings
By Jill Menze
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November 4, 2022
With the partnership, Musement will develop and power an easyJet holidays digital platform for tours and activities.
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Online
Expedia Group sees record profitability, revenue in Q3
By Mitra Sorrells
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November 3, 2022
Revenue in the quarter came in at $3.6 billion compared to $2.9 billion in Q3 2021, a 22% increase.
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News
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Technology
Lodgify eyes global expansion of vacation rental tech with $30M haul
By Jill Menze
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November 3, 2022
Founded in 2012, Lodgify helps vacation rental hosts and businesses build their own websites to attract and grow direct bookings.
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News
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Distribution
Sabre sees revenue increase in Q3 despite "slow start"
By Linda Fox
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November 2, 2022
The company says international air bookings remained strong into September, and air bookings ended the month at their highest point since the pandemic began.
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News
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Online
Airbnb reports most profitable quarter ever in Q3 2022
By Kathryn Walson
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November 1, 2022
Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021.
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Startups
“Nomadic traveler”-focused hospitality brand Selina goes public
By Mitra Sorrells
|
October 28, 2022
Founded in 2014 and based in London, Selina’s portfolio includes 163 open or secured properties in 25 countries.
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Omio to acquire Rail Europe
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AI risk to OTAs is margin squeeze, not disintermediation
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13% is the number that explains why OTAs need hotels to keep working
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Digital IDs in air travel move beyond government tests at the last mile
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Loveholidays' ambitions in the growing packaged travel market
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