Editors Pick

Top Travel Tech Weekly News

virtuo-96m-funding
News / 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. Read More
Brazil drags Despegar earnings down as COVID spike hits
News / 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. Read More
Expedia, Booking.com and Airbnb differ on marketing tactics as recovery begins
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. Read More
Trip.com Group points to "full recovery" in domestic travel
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. Read More
Black hospitality employees disproportionately lost jobs during COVID, remain under-represented in leadership
News / 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. Read More
Can technology help hospitality labor shortages?
News / 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. Read More
getyourguide-survey-covid
News / 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. Read More
VIDEO: Research Spotlight - Middle East travel report and recovery progress
News / 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. Read More
Gojek and Tokopedia merge to create GoTo Group
News / 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. Read More
Travel recovery and responsibility: A chance to do the right thing
News / 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... Read More
Airports must lose check-in desks, reduce touchpoints
News / 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. Read More
Short-term rental demand surpasses 2019 levels
News / Online
Short-term rental demand surpasses 2019 levels
By Jill Menze | 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. Read More
travel-weekly-rental-car-shortage
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. Read More
Sounding Off: Travel is an emotional experience - now more than ever
Interview / 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. Read More
airbnb-q1-2021-earnings
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. Read More
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