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Distribution
Amadeus pockets highest revenue quarter in two years
By Kevin May
|
May 6, 2022
The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.
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News
/
Technology
777 Partners acquires AeroCRS and WorldTicket
By Mitra Sorrells
|
May 5, 2022
The firm says it will form a new travel group to offer a suite of products to airlines and travel companies for retailing, distribution, interlining and passenger connectivity.
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News
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Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells
|
May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.
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News
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Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells
|
May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.
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News
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Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze
|
May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience.
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News
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Startups
Mint House raises $35M led by Mohari Hospitality
By Mitra Sorrells
|
May 4, 2022
Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets.
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News
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Distribution
Sabre reports revenue gains across all business units
By Linda Fox
|
May 3, 2022
Sabre's revenue across distribution, hospitality solutions and travel solutions were boosted by industry recovery.
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Interview
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Distribution
In The Big Chair - Jim Davidson of Accelya
By Jill Menze
|
May 3, 2022
Jim Davidson was named CEO of Accelya in March 2022, following the sale of his company Farelogix to the airline technology provider in 2020.
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News
/
Online
Expedia Group revenue jumps 81% as travel recovery continues
By Jill Menze
|
May 2, 2022
For the first quarter of 2022, Expedia Group revenue was $2.2 billion, an 81% increase from $1.2 billion in Q1 2021.
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Opinion
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Distribution
Remember Bing? A different option for hotels to Google
By Paola Romero - Mirai
|
May 2, 2022
Bing offers another shopping window where a hotel can be seen by many users who are not on Google and who now end up with the OTAs, because they are the only ones bidding on a hotel.
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News
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Online
Amex GBT outlines environmental strategy
By Jill Menze
|
April 26, 2022
In the company’s ESG Report 2021, Amex GBT outlines its commitment to operating its business in “the most sustainable manner possible."
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News
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Online
P&O Cruises gives shore excursion retail to Musement
By Kevin May
|
April 25, 2022
TUI-owned Musement will run the shore excursion ticketing for P&O Cruises and Cunard, following a trial with passengers on trips taken on the Azura ship.
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Opinion
/
Online
Short-term rental industry must do a better job vetting travelers
By Carl Shepherd
|
April 25, 2022
The co-founder of HomeAway says, with property owners becoming farther removed from those renting their properties, a new, stronger system is needed to minimize the chance of tragedy.
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News
/
Startups
Japanese startup Wayfarer snatches $1M to become “AWS of hotels”
By Jill Menze
|
April 24, 2022
Founded in 2019, Wayfarer was created to modernize hotel management in Japan.
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Interview
/
Distribution
Sounding Off: In the Pac-Man of airline distribution, many can win
By PhocusWire
|
April 22, 2022
The next five years or so could well be a multi-player, multi-level game of Pac-Man in airline distribution. We do not see just yet how the battle ends.
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Spain fines Amadeus €14.4M over traveler profiling pilot
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Finance
OTA marketing spend creeps up despite talk of AI-driven efficiency
Opinion
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The Plaid moment hospitality can't afford to miss
News
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Technology
Amadeus, Accenture partner on new agentic advertising platform
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Web Travel Group acquires hotel rebooking platform Pruvo
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Ixigo acquires majority stake in Brevistay to expand hotel business
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PhocusWire's travel tech news briefs: Airbnb, Yotel, IHG and more...
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Online
Inside the Philippines’ most overlooked $36B digital market
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Expedia Group chairman Barry Diller says AI won't replace humans
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Technology
Architecture, pace, culture: Navigating travel's AI transition
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