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Hospitality startup Cosi raises €20M to fuel European expansion
By Jill Menze
|
March 9, 2021
Despite the coronavirus pandemic, Germany-based Cosi says its tech-enabled properties outperformed traditional hotels by 400% in 2020.
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News
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Technology
Kayak opening hotel, developing hotel tech in partnership with Life House
By Mitra Sorrells
|
March 9, 2021
Kayak will open Kayak Miami Beach in April and will use the property as a "design lab" to develop hotel technology.
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News
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Distribution
VIDEO: What Google's overhaul of hotel booking ads really means
By Kevin May
|
March 9, 2021
We speak to hotel consultancy and digital marketing specialist Mirai's CEO, Pablo Delgado, to understand what the development means for all players in the hotel marketing ecosystem, including Google's...
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News
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Online
Tripadvisor launches Tripadvisor Plus, touts growth and revenue opportunities
By Linda Fox
|
March 9, 2021
Tripadvisor Plus, which is free for accommodation brands to join, believes it now offers suppliers lower distribution costs.
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News
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Online
Hotels want to capitalize on the direct trend - but for how long?
By Linda Fox
|
March 8, 2021
Hotel giants are looking to push their loyalty schemes to continue any advantage in direct bookings built up over the pandemic.
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News
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Online
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
By Linda Fox
|
March 3, 2021
Traveloka says it is still considering listing in Indonesia but the U.S. provides global opportunities.
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News
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Distribution
Hertz devises restructuring plan after private equity injection
By Linda Fox
|
March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2 billion.
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News
/
Online
Short-term rental bookings boom in the U.K. after roadmap announcement
By Jill Menze
|
March 3, 2021
Following Boris Johnson's announcement that the U.K. would ease lockdown plans, short-term rental bookings jumped 88% over the week prior.
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Opinion
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Distribution
Sustainability must be a priority for business travel in 2021
By Avi Meir - TravelPerk
|
March 2, 2021
Momentum built for thinking about a more sustainable level of corporate travel in the years leading up to 2020 must not stall in 2021.
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From Our Partners
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Distribution
Why you need to reimagine your revenue strategy - with forward looking data
By Gino Engels - OTA Insight
|
March 1, 2021
The number of variables impacting decisions today is making it difficult to accurately predict and stimulate demand, but forward looking data offers the best opportunity to anticipate the inevitable...
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News
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Distribution
Amadeus ends 2020 with large losses and 61% drop in revenue
By Linda Fox
|
February 26, 2021
The distribution giant says that while there was a slight improvement in air traffic in the final quarter of the year, the pandemic continued to severely impact travel.
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News
/
Online
In first earnings report, Airbnb posts quarterly loss of $3.9B
By Jill Menze
|
February 25, 2021
Despite a massive loss in the fourth quarter of 2020, CEO Brian Chesky says the pandemic has proved Airbnb's business is "inherently adaptable."
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News
/
Online
Booking Holdings focuses on payment platform, connected trip and U.S. growth as 2020 revenue drops 55%
By Mitra Sorrells
|
February 24, 2021
Booking Holdings CEO Glenn Fogel says the company is focusing on products and strategies that can help the company grow as travel resumes.
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News
/
Distribution
Accor posts €2B loss, lays out 2021 strategy
By Linda Fox
|
February 24, 2021
Accor plans to focus on its ALL loyalty program, further cost reduction and expansion in 2021.
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News
/
Distribution
Travelport rebrands to align with company's “monumental culture shift”
By Mitra Sorrells
|
February 23, 2021
Travelport is launching a new visual identity ahead of the rollout of its next generation platform, which will replace the legacy three-core distribution system.
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Meta launches AI agent with travel booking capabilities
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Airlines’ ancillary revenue grows twice as fast as overall revenue
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Google removes vacation rentals unit from search results in the EEA
From Our Partners
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The agentic traveler: Is travel ready for AI booking demand?
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Flagship launches with 3 tours and activities brands, further acquisitions planned
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Indian travel platform Travelxp launches agentic AI trip concierge
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PhocusWire's travel tech news briefs: Klook, Omio, Amadeus and more...
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AI transformation in travel: Sejal Amin of Priceline
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Online
Airbnb's Chesky outlines monetization strategy
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Marriott, Spotnana unveil CRS integration
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