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News / Distribution

Expedia Group nearly matches 2019 profit levels in Q3 2021

By Mitra Sorrells | November 4, 2021

Expedia Group says recovery in Q3 2021 was led by leisure and domestic travel, coming in particular from Vrbo. Read More

News / Online

Airbnb Q3 revenue tops $2.2B in record quarter

By Jill Menze | November 4, 2021

For the third quarter of 2021, Airbnb also reported its most profitable quarter ever with net income reaching $834 million. Read More

Opinion / Online

Short-term rentals have become inexorable

By Tom Caton - AirDNA | November 4, 2021

The dam has broken on short-term rentals becoming an asset class with fantastic returns available to all. Read More

News / Distribution

American Airlines fails to stop Sabre from using new display

By Robert Silk - Travel Weekly | November 4, 2021

The airline sued Sabre in June, contending that its New Airline Storefront, which the GDS developed with Delta, biases search results toward Delta in violation of Sabre's contract with American. Read More

News / Distribution

Europe travel drives Booking Holdings' revenue uptick in Q3

By Mitra Sorrells | November 3, 2021

Booking Holdings reports that room nights booked in Q3 2021 increased to 183 million and revenue increased to $4.7 billion – putting it just shy of Q3 2019 revenue of $5 billion. Read More

News / Technology

Cloudbeds raises $150M to accelerate R&D and customer acquisition

By Mitra Sorrells | November 3, 2021

The company says it currently serves more than 22,000 properties, including independent hotels, hostels, vacation rentals, and hotel groups, across 157 countries. Read More

News / Online

Amazon to offer travel in India via MakeMyTrip

By Linda Fox | November 3, 2021

The deal is part of Amazon Pay’s bid to add value by offering more services to consumers in the country. Read More

News / Distribution

Royal Caribbean tells travel agents: "Don't be afraid of digital"

By Ian Jarrett - Travel Weekly Asia | November 3, 2021

Travel partners who are digitally selling cruises have been able to recover business and grow their cruise business faster than others who have not yet gotten into that game successfully. Read More

News / Online

Lyft achieves second quarter of adjusted EBITDA profitability

By Jill Menze | November 2, 2021

For the third quarter of 2021, Lyft also reported record revenue per active rider. Read More

News / Distribution

Sabre third-quarter revenues more than double, losses drop significantly

By Kevin May | November 2, 2021

The company says it will narrow its product portfolio and intensify focus on the core customer revenue-generating retailing, distribution and fulfillment units. Read More

News / Online

EaseMyTrip acquires Traviate for B2B hotels push

By Linda Fox | November 2, 2021

EaseMyTrip hopes to gain a new revenue stream through the acquisition of Traviate. Read More

News / Technology

Cendyn, Pegasus merge to help hoteliers boost direct bookings

By Mitra Sorrells | November 2, 2021

The financial terms of the merger are not being disclosed and details about “branding, structure and leadership” will be shared once the deal is finalized in about a month. Read More

News / Technology

Airline leaders debate NDC, digitalization, sustainability

By Mitra Sorrells | November 1, 2021

Panelists at an IATA event in Madrid included leaders from IATA, Lufthansa and Iberia. Read More

News / Online

Hilton’s business travel bookings led by small and medium companies

By Mitra Sorrells | October 27, 2021

Hilton is reporting profit of $240 million in the third quarter of 2021, driven by high demand and near or above 2019-level rates for both leisure travel and bookings from small and medium enterprises. Read More

News / Online

Online cruise bookings leave many travel advisors behind

By Johanna Jainchill - Travel Weekly | October 27, 2021

In a video message to travel advisors, Royal Caribbean Group CEO Richard Fain says the surge in bookings is mostly coming from the internet and not from travel agencies. Read More

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