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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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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.
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News
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Distribution
Airline execs push back on tech naivete claims
By Linda Fox
|
October 26, 2021
Airline industry figures believe carriers are moving to modern technology such as cloud as they look to match the experience of online retailers.
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The old world of hotel distribution is no longer working
By Ben Stephenson - Impala
|
October 25, 2021
In today's fast-moving market, responding speedily to wildly different consumer behavior is perhaps the most important need for hotels and travel agents.
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Etraveli Group adds MCP layer to flight content
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Personal AI assistants could be re-shopping ‘landmine’ for hotels
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Discover Puerto Rico builds AI platform to connect travelers with local businesses
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