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Technology
How COVID-19 has changed travel's chief technology officers
By Linda Fox
|
August 19, 2021
Travel CTOs have had to acquire new skills, upend their priority list and think carefully about how to combine new tech with legacy systems and practices, for maximum efficiency.
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News
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Online
Former Orbitz, Vacasa execs invest in group travel planning platform TrovaTrip
By Jill Menze
|
August 19, 2021
Portland-based TrovaTrip, which enables influencers and experts to host group trips, has raised $5 million in funding.
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Startups
Camping startup HolidayFox closes £1.17M pre-seed round
By Mitra Sorrells
|
August 18, 2021
HolidayFox enables travelers to search and book campsites in the United Kingdom and Europe.
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News
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Technology
RateGain plans IPO, more acquisitions in the cards
By Linda Fox
|
August 18, 2021
RateGain hopes to raise $54 million from a fresh issue of shares while the company's founders and investors will also sell stakes.
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Distribution
VTrips plans $250M acquisition spree following investment
By Linda Fox
|
August 16, 2021
The company says it will leverage funds received via a significant minority equity investment from Hudson Hill Capital to speed up its acquisition strategy.
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News
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Technology
Q&A: The potential of decentralized digital ID in travel
By Mitra Sorrells
|
August 16, 2021
Decentralized digital identity solutions could dramatically change distribution, marketing, cybersecurity and more in the travel industry.
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News
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Distribution
Opportunity for rental arbitrage remains in U.S. cities
By Linda Fox
|
August 16, 2021
Demand for multifamily short-term rentals in U.S. cities is rising, and tech providers are helping owners and renters take advantage of the opportunity.
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News
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Online
Airbnb revenue jumps 300% in Q2 2021
By Jill Menze
|
August 12, 2021
The home-share giant was also profitable on an adjusted EBITDA basis for the second quarter of 2021.
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Interview
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Startups
STARTUP STAGE: Buoy helps vacation rentals maximize revenue through data
By Linda Fox
|
August 10, 2021
Buoy uses an in-house developed buoyancy point algorithm and dashboard enabling vacation rental owners and managers to make data-informed decisions on pricing.
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News
/
Online
Tripadvisor hits $235M revenue, beats internal expectations
By Kevin May
|
August 5, 2021
The user review and travel search service posted total revenue across the business of $235 million, up by almost 300% from just $59 million in the corresponding quarter in 2020.
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News
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Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells
|
August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.
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News
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Distribution
Booking.com launches Flash Deals for hotels
By Kevin May
|
August 4, 2021
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that time period, customers will get up to 30% off a selected room and rate.
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News
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Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May
|
August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic...
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News
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Online
Vietnamese tech conglomerate, OTA operator raises $250M
By Mitra Sorrells
|
August 2, 2021
VNLife operates VNTravel, a Vietnam-based online travel agency with more than five million customers.
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News
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Online
Will standardized rentals work for business travelers?
By Mitra Sorrells
|
August 2, 2021
A subset of alternative accommodations - ones that provide a standardized experience for travelers - could become more popular with business travelers coming out of the pandemic.
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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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