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News
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Startups
European on-demand car service Virtuo raises $96M
By Mitra Sorrells
|
May 20, 2021
Paris-based Virtuo, a startup positioning itself as an alternative to car ownership, has raised $96 million in a combination of Series C financing and pan-European asset-based financing.
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News
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Online
Brazil drags Despegar earnings down as COVID spike hits
By Linda Fox
|
May 19, 2021
Despegar, the Latin American online travel agency, reported a $20 million loss in EBITDA for Q1 2021 as the second COVID-19 wave hit.
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News
/
Online
Expedia, Booking.com and Airbnb differ on marketing tactics as recovery begins
By Kevin May
|
May 19, 2021
Three giant brands in online travel are attempting to capture the pent-up demand for trips as lockdowns ease in some markets around the world.
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News
/
Online
Trip.com Group points to "full recovery" in domestic travel
By Kevin May
|
May 19, 2021
The company, operator of the Ctrip, Skyscanner and Trip.com brands, says the group's overall revenues were mainly due to a "strong recovery" in March 2021.
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News
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Online
Black hospitality employees disproportionately lost jobs during COVID, remain under-represented in leadership
By Jill Menze
|
May 19, 2021
According to a study from the Castell Project, Black employees lost share of hospitality industry employment and remained under-represented in leadership over the past year.
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News
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Technology
Can technology help hospitality labor shortages?
By Linda Fox
|
May 18, 2021
Hotels are dealing with huge staff shortages because of the pandemic, technologies are emerging to help and some say it's a short-term issue.
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News
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Online
GetYourGuide survey finds caution being replaced by eagerness to travel
By Mitra Sorrells
|
May 18, 2021
According to a survey of nearly 7,500 people in six countries, 56% are "eager" to travel, compared to just 40% in 2020.
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News
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Online
VIDEO: Research Spotlight - Middle East travel report and recovery progress
By PhocusWire
|
May 18, 2021
Online travel bookings fell by 64% in the Middle East during 2020 - a signal that the region faired somewhat better than others around the world.
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News
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Online
Gojek and Tokopedia merge to create GoTo Group
By Linda Fox
|
May 18, 2021
The combined Gojek-Tokopedia entity is tagging itself the "go to" ecosystem for daily life.
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News
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Technology
Travel recovery and responsibility: A chance to do the right thing
By PhocusWire
|
May 17, 2021
With the COVID-19 pandemic putting the industry's operations on hold for over a year, some might hope that companies have used this time to think seriously about their role in climate change and other...
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News
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Technology
Airports must lose check-in desks, reduce touchpoints
By Linda Fox
|
May 17, 2021
The aviation industry has missed past opportunities to create a more automated passenger journey.
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News
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Online
Short-term rental demand surpasses 2019 levels
By Jill Menze
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May 17, 2021
In the U.S., April marks the first month since the start of the coronavirus pandemic to surpass 2019 performance, though other regions lag behind.
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News
/
Online
Rental car firms face shortage as travel demand revs back up
By Christina Jelski - Travel Weekly
|
May 17, 2021
Experts predict the car rental shortage will get worse as summer travel picks up.
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Interview
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Online
Sounding Off: Travel is an emotional experience - now more than ever
By PhocusWire
|
May 14, 2021
Travel brands will do well to consider the different types of emotions that people currently have, even if there is zero chance of them getting a booking from them this year.
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News
/
Online
Airbnb revenue climbs 5% as travel rebounded in Q1 2021
By Jill Menze
|
May 13, 2021
Airbnb revenue grew 5% to $887 million in the first quarter of 2021, though losses mounted to $1.2 billion.
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OTA marketing spend creeps up despite talk of AI-driven efficiency
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Online
Spain fines Amadeus €14.4M over traveler profiling pilot
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Finance
Web Travel Group acquires hotel rebooking platform Pruvo
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Are hotel CEOs overestimating their AI edge?
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Ixigo acquires majority stake in Brevistay to expand hotel business
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PhocusWire's travel tech news briefs: Airbnb, Yotel, IHG and more...
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Inside the Philippines’ most overlooked $36B digital market
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Expedia Group chairman Barry Diller says AI won't replace humans
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Architecture, pace, culture: Navigating travel's AI transition
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