Top Travel Tech Weekly News

News / Technology

Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus

By Jill Menze | May 6, 2020

Lyft is reporting revenue of $955.7 million in the first quarter of 2020, a year-over-year increase of 23% versus $776 million in the first quarter of 2019. Read More

News / Online

Airbnb lays off 25% of staff, cuts back investment in hotels, transportation

By Jill Menze | May 5, 2020

As a result of the effects of the COVID-19 crisis, Airbnb is eliminating 1,900 jobs and cutting investment across business units. Read More

News / Technology

Experts warn companies to prepare for security breaches when travel restrictions lift

By Linda Fox | May 5, 2020

Travel companies may have seen an increase in phishing attacks due to the volume of refunds issued recently, but experts say they should brace for security breaches as restrictions lift. Read More

News / Technology

Intel acquires mobility app Moovit

By Jill Menze | May 4, 2020

With the $900 million deal, Moovit will aid Intel-owned Mobileye in developing its self-driving technology. Read More

News / Startups

Tough decisions and new goals - Stasher's survival story

By Linda Fox | May 4, 2020

Stasher shares how the startup is fighting for survival and confronting how travel might be different in the future. Read More

News / Distribution

Are the tech giants coming for airlines?

By Linda Fox | May 4, 2020

Data giants such as credit card companies have stayed away from airlines; post-coronavirus travel might change that. Read More

News / Distribution

Sabre and Farelogix $360M merger deal cancelled

By Mitra Sorrells | May 1, 2020

Sabre and Farelogix are ending their plans to merge after a U.K. ruled against the deal. Read More

News / Startups

With travel existing virtually, startup CEOs share tips on staying upbeat and creative

By Linda Fox | May 1, 2020

Founders and execs discuss over-communicating and staying upbeat during the coronavirus crisis. Read More

Interview / Startups

Sounding Off: Survival of the fittest is a mental game

By PhocusWire | May 1, 2020

The most important role that founders and executive teams can take on now is disseminating the strategic gaps quickly and identifying who is the best placed in an organization to take on the duty of... Read More

News / Online

Without travel, is there room for influencer marketing?

By Jill Menze | May 1, 2020

The COVID-19 crisis has not only brought the physical act of traveling to a halt – but it’s also stopped travel brands from distributing marketing dollars in the same ways they did prior to... Read More

News / Online

Hospitality reports point to uptick in hotel activity

By Mitra Sorrells | May 1, 2020

RateGain and STR have released data that hints at a slight increase in demand for hotel rooms. Read More

News / Distribution

How aviation should plan for a different sector to emerge post-coronavirus

By Linda Fox | April 30, 2020

No one can safely predict how long it will take for the industry to bounce back, but aviation experts are hoping for a return to 80% of pre-COVID-19 levels in two to three years. Read More

News / Online

Google takes initial hit from scaling back of travel search ads

By Kevin May | April 29, 2020

The search giant's parent Alphabet recorded its first quarter results of 2020 with a revenue increase of 13% year-over-year to $41.2 billion. Read More

News / Distribution

Behind GetYourGuide's strategy of zero bookings and zero layoffs

By Mitra Sorrells | April 29, 2020

The Berlin-based tours and activities brand has implemented voluntary reductions in hours and pay for more than half of its employees to cut expenses at a time when it expects no new revenue. Read More