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Distribution
Another dimension to diversity in travel: technology
By Pedro Camara and Manuel Hilty
|
March 23, 2022
The travel industry thrives on a need to find flexible sourcing models and technology to help solve the many challenges of supply chains.
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News
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Online
Snaptrip adds to U.K. accommodation portfolio with Independent Cottages acquisition
By Jill Menze
|
March 23, 2022
Snaptrip Group says it is buying Independent Cottages for a “seven-figure fee.”
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Interview
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Online
In The Big Chair - John Mangelaars of Skyscanner
By Linda Fox
|
March 22, 2022
John Mangelaars joined Skyscanner as CEO a year ago, after seven years at online travel agency group Travix International, also owned by Trip.com Group.
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News
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Online
Consumer interest in travel high, but booking frustrations linger
By Mitra Sorrells
|
March 22, 2022
A survey finds travel ranks as the most enjoyable activity, but it came in fourth based on how much respondents enjoy the process of researching and booking a trip.
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News
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Distribution
DRCT raises $500,000 pre-seed round, plans to scale up with additional funds
By Kevin May
|
March 21, 2022
The Malta-based company raised the seed round from an unnamed angel investor in the aviation sector, giving it a claimed valuation of $5 million.
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News
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Startups
Short-term rental tech platform Futurestay raises $11M
By Mitra Sorrells
|
March 17, 2022
Founded in 2015, Futurestay provides technology and strategies to help independent property managers grow their businesses.
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News
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Online
Vacasa revenue up 81% in ’21, expects profitability in ‘23
By Mitra Sorrells
|
March 16, 2022
The vacation rental management platform is raising its outlook for 2022 in its first financial report since going public in December.
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News
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Online
Google adds new tools to help hotels reach travelers
By Mitra Sorrells
|
March 16, 2022
The updates include free hotel booking links on Google Search and Maps.
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News
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Startups
TravelX nabs $10M for blockchain driven distribution
By Linda Fox
|
March 16, 2022
The startup aims to create new ways of distribution using blockchain technology.
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News
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Online
Vacation rental property managers see revenue gains through data investment
By Jill Menze
|
March 16, 2022
Short-term rental property managers who invest in data report booking revenue growth 4x higher than those who don’t, a new study finds.
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News
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Distribution
Is space the next frontier for travel distribution?
By Mitra Sorrells
|
March 15, 2022
As Axiom Space prepares to send its first crew of private astronauts to the ISS, space tourism activity is picking up on many fronts, and travel advisors are creating services to sell these specialized...
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News
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Distribution
Flight Centre acquires majority stake in TPConnects
By Linda Fox
|
March 14, 2022
Flight Centre now owns 70% of the Dubai-based business.
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News
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Distribution
Direct bookings rise, but cruise execs still want travel advisors' business
By Johanna Jainchill - Travel Weekly
|
March 14, 2022
The shift is due to passengers becoming more comfortable booking digitally with cruise lines and because some travel agencies didn't survive the last two years.
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News
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Online
Despegar turns Q4 profit 9% over 2019 levels
By Jill Menze
|
March 10, 2022
The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level.
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News
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Distribution
OTA Insight buys Transparent in bid to cover full accommodation sector
By Kevin May
|
March 10, 2022
The combination of the two brands is being positioned as a way of giving hotels and rental properties the opportunity to access data and business intel on their markets and competition.
Read More
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Personal AI assistants could be re-shopping ‘landmine’ for hotels
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PhocusWire travel tech news briefs: Travelport, HTS, Virgin Atlantic and more...
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Discover Puerto Rico builds AI platform to connect travelers with local businesses
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