Top Travel Tech Weekly News

News / Online

Expedia Group pulls Vrbo from Google’s vacation rental metasearch product

By Mitra Sorrells | February 11, 2021

Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019. Read More

Interview / Online

How I Got Here, episode 51 - Josh Wyatt of Generator Hostels

By PhocusWire | February 11, 2021

Generator Hostels was a single-property hostel brand in London - but it was considered the perfect place to try out a new approach to the sector when Wyatt came onboard in 2007 with a pile of venture... Read More

Interview / Startups

STARTUP STAGE: Imagine Experiences wants to bring unique tours to locals and tourists

By Linda Fox | February 11, 2021

The company has put together a network of expert tour guides to help design fresh ideas to attract locals as well as travelers, once restrictions lift. Read More

News / Online

Uber reports uptick in revenue as delivery remains bright spot

By Jill Menze | February 10, 2021

Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020. Read More

News / Distribution

Why it’s a “buyer’s market” for corporate hotel rates

By Mitra Sorrells | February 10, 2021

According to Tripbam, the COVID-19 pandemic has caused shifts related to rates, star rates, locations and booking trends. Read More

News / Online

Lyft revenue grows 14% in Q4 to $570M

By Mitra Sorrells | February 9, 2021

Lyft says it expects to be profitable no later than the fourth quarter of this year. Read More

News / Online

Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery

By Jill Menze | February 9, 2021

Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic. Read More

News / Technology

CLEAR raises $100M to expand beyond aviation

By Jill Menze | February 9, 2021

Investors in the round include Danny Meyer’s Enlightened Hospitality Investments, NFL investment arm 32 Equity and the Partnership Fund for New York City. Read More

News / Distribution

TUI continues cost-saving program, looks to summer recovery

By Linda Fox | February 9, 2021

The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months. Read More

News / Startups

Certares leads $42M Series C for cabin-rental platform Getaway

By Mitra Sorrells | February 8, 2021

Getaway says it had 150% year-over-year growth in 2020 and plans to rapidly expand. Read More

News / Technology

Airbnb creates tool for hosts to confirm guests’ COVID status

By Kevin May | February 5, 2021

The Health Safety Assertion tool allows hosts to request guests declare their status in relation to COVID-19 symptoms. Guests will also be asked to disclose if they have recently been exposed to... Read More

News / Distribution

Fully refundable vacation rentals get 4.2X more bookings, higher revenue

By Mitra Sorrells | February 5, 2021

Data from Your.rentals shows January bookings were 92% of pre-COVID levels for properties with fully refundable cancellation policies, but only 23% of the norm for those with partial or non-refundable... Read More

News / Technology

Accor begins digital key rollout, plans 500 hotels in 2021

February 4, 2021

The hotel giant is planning for the digital key solution to be in 50% of its properties within five years. Read More

Interview / Technology

In The Big Chair - Anand Krishnan of IBS Software

By Jill Menze | February 4, 2021

In 2018, Anand Krishnan was brought on as CEO of IBS Software, a leading SaaS solutions provider managing mission-critical operations for airlines, airports, hotels and cruise companies. Read More