Top Travel Tech Weekly News

News / Technology

As Bitcoin surges, will cryptocurrency become an accepted form of payment in travel?

By Mitra Sorrells | February 18, 2021

Industry experts agree digital currencies are an inevitable evolution and provide advantages for travel payments, but there are challenges to adoption. Read More

News / Distribution

Future-Proofing Travel: Decius Valmorbida of Amadeus

By PhocusWire | February 17, 2021

In this series of one-to-one interviews with business leaders, we ask them to detail changes that are coming now and in the future. Our guest for this episode is Decius Valmorbida, president of the... Read More

News / Online

GetYourGuide adds €80M in financing to explore strategic investments

By Linda Fox | February 16, 2021

GetYourGuide’s latest funding follows a €114 million convertible note announced in October 2020. Read More

News / Distribution

Sabre revenues fall by 66% during COVID-hit 2020

By Kevin May | February 16, 2021

The company says its metrics were negatively impacted by the onslaught of the coronavirus pandemic but a number of cost-cutting measures put in place during the year partially offset the impact. Read More

News / Online

U.K. regulator puts pressure on Lastminute.com Group over refunds

By Linda Fox | February 15, 2021

The online travel group has apologized to customers still awaiting a refund and has detailed an action plan to the U.K. regulator. Read More

News / Distribution

EasyJet boss talks sustainability, business travel and uncomfortable decisions

By Linda Fox | February 15, 2021

EasyJet's boss, Johan Lundgren, points to previous crises as proof that demand will rebound. Read More

News / Technology

Health passport standards, interoperability critical for revival of international travel

By Mitra Sorrells | February 12, 2021

During a panel discussion hosted by Plug and Play, industry leaders stressed the need for fast solutions to spur travel this summer. Read More

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

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