Top Travel Tech Weekly News

News / Distribution

Marriott notes revenue and occupancy improvement led by China

By Donna Airoldi - BTN | November 9, 2020

The hotel giant reported revenue per available room improvement in Q3 2020, with third-quarter occupancy at 35%, a drop of 40.8% from 2019. Average daily rate fell 26.4% to $117.44. Read More

News / Distribution

Sabre reports revenue loss of $312M, says IT business revenue exceeds distribution

By Linda Fox | November 6, 2020

Sabre says revenue for its IT Solutions business has exceeded its distribution business in Q3 2020 earnings. Read More

News / Distribution

Amadeus credits domestic travel restart for small financial improvement

By Kevin May | November 6, 2020

The Spain-based company posted a 60% slump in revenue for the first nine months of 2020 to €1.7 billion. Read More

News / Startups

Where are they now? Revisiting the Hot 25 Startups for 2020

By Mitra Sorrells | November 6, 2020

Find out how these startups have shifted priorities, created new partnerships and adjusted their products to meet the challenges created by COVID-19. Read More

News / Online

Booking Holdings sees uptick in Q3 bookings driven by domestic travel

By Jill Menze | November 5, 2020

Despite the coronavirus pandemic continuing to “weigh heavily” on Booking Holdings’ financial performance, the online travel giant saw marked improvement in the third quarter of 2020 compared to Q2 of... Read More

News / Online

Tripadvisor sees signs of recovery, reports positive EBITDA in Q3 2020

By Mitra Sorrells | November 5, 2020

Total revenue for the quarter was $151 million and adjusted EBITDA turned positive in Q3 to $15 million. Read More

News / Online

VIDEO: New Reality With... Fred Lalonde of Hopper

By PhocusWire | November 5, 2020

The next guest on the New Reality With... series is Fred Lalonde, CEO and co-founder of Hopper, a travel search and booking app using prediction models and alerts. Read More

News / Online

Expedia Group Q3 “better than expected,” Vrbo up YoY

By Mitra Sorrells | November 4, 2020

Expedia Group CEO Peter Kern says the company intends to be "more bold" on pushing the Vrbo brand while it also pursues a broad cost-cutting strategy. Read More

News / Online

How Airbnb has resisted the pandemic, adapted to new demands

By Kevin May | November 4, 2020

Data shows where Airbnb sits in the wider accommodation ecosystem, as brands attempt to form some basis of recovery. Read More

News / Online

Trivago says soft demand ongoing, hopes for travel recovery in mid-2021

By Linda Fox | November 3, 2020

Reporting third quarter 2020 results the hotel metasearch company says increases over the summer period were driven by nearby trips to nature spots in “developed Europe.” Read More

News / Online

Phocuswright Conference 2020 Preview: Travelers should finally get the attention they deserve

By Kevin May | November 3, 2020

Brands, industry associations and government have a unique opportunity to do the right thing and put customers in the middle of their strategic prism. Read More

News / Technology

Study: 66% of travel brands not prepared to meet SCA deadline

By Jill Menze | November 3, 2020

According to a report from Amadeus, COVID-19 has delayed Strong Customer Authentication (SCA) implementation by an average of six months. Read More

Interview / Online

Sounding Off: Coronavirus strategies might have unintended longevity

By PhocusWire | October 30, 2020

The travel restrictions imposed on people for the better part of 2020 might inspire a wider appreciation of their own cultures, attractions, cities and more. Read More

News / Online

InPhocus, episode 26 - Seizing opportunities in a pandemic travel market

By PhocusWire | October 30, 2020

The pandemic has caused all sorts of headaches for travel brands - but it has also inspired some new ideas that were probably never on the agenda for companies at the turn of 2020. Read More

News / Technology

VIDEO: New Reality With... Andres Fabris of Traxo

By PhocusWire | October 30, 2020

The next guest on the New Reality With... series is Andres Fabris, CEO of Traxo, a leader in travel data capture and itinerary intelligence for business travel. Read More

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