Top Travel Tech Weekly News

News / Distribution

Hotel websites hold firm in booking rankings, Airbnb makes progress

By Linda Fox | February 14, 2020

SiteMinder reveals the top sources of online bookings for hotels in 2019. Read More

Interview / Startups

Sounding Off: Startups should consider giving something away for the greater good

By PhocusWire | February 14, 2020

Peak Kayak and its investment/acquisition policy might seem alien to many startups or growing businesses as we enter the 2020s, but it shouldn't be ruled out for fear of dilution of the potential... Read More

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News / Technology

Coronavirus upends revenue management strategies for hotels and airlines

By Mitra Sorrells | February 14, 2020

The growing coronavirus outbreak is creating challenges for revenue managers across all sectors of the travel industry. Read More

News / Online

Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high

By Steven Lerner | February 14, 2020

In his first earnings call since taking over day-to-day operations for Expedia Group, Chairman Barry Diller very candidly outlined his 2020 plan to “drive sustained growth.” Read More

News / Online

Tripadvisor ends 2019 with revenue fall, remains optimistic about 2020

By Steven Lerner | February 13, 2020

Total revenue for the fourth quarter slipped 3% year-over-year to $335 million. Read More

News / Online

Revenue drops for Trivago as challenges from Google, Coronavirus escalate

By Steven Lerner | February 12, 2020

Axel Hefer, CEO of Trivago, wants to “challenge” the way business is done with Google after the Düsseldorf, Germany-based company posted disappointing financial results. Read More

News / Online

Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place

By Steven Lerner | February 12, 2020

As Lyft tries to recover from its first less-than-stellar year in the public markets, the ride-sharing company showed significant improvement in its fiscal year 2019 result. Read More

News / Online

Vacasa founder Eric Breon steps aside, former OpenTable boss becomes interim CEO

By Mitra Sorrells | February 11, 2020

After 10 years as CEO of North America’s largest vacation rental management company, Breon is relinquishing the role. OpenTable CEO Matt Roberts steps in as a job search begins. Read More

News / Distribution

TUI alters forecast for 2020, 737 MAX grounding bites but digital investment continues

By Linda Fox | February 11, 2020

The tour operator estimated earnings before interest and income tax of between €850 million and €1,050 billion for the full year ending December 2020. Read More

News / Online

Women representation in senior roles growing, work remains around ethnic diversity

By Jill Menze | February 11, 2020

As the conversation around diversity and women’s leadership in travel intensifies, new data from Women in Hospitality, Travel & Leisure reveals how the hospitality, travel and leisure industry is... Read More

Interview / Technology

Sounding Off: Safety should be at the forefront of improving business travel

By PhocusWire | February 7, 2020

Safety features should not be considered “added” to any travel program - they should be common and expected. Read More

News / Online

Is loyalty a "buzzword"? Yes, says eDreams CEO Dana Dunne

By Steven Lerner | February 7, 2020

Loyalty was not the goal of Prime, eDreams Odigeo's subscription program, but it became the outcome. Read More

News / Technology

Uber vows profitability by the end of 2020 as revenue grows, losses mount

By Steven Lerner | February 6, 2020

Uber completed its first full year in the public markets with an adjusted EBITDA loss of $2.7 billion in 2019. Read More

News / Online

Turo rides off with an extra $30M in Series E funding, new celebrity investors

By Steven Lerner | February 6, 2020

Several celebrities, most notably NFL star Larry Fitzgerald and rapper 2 Chainz, are now shareholders in Turo. Read More

News / Online

How a hotel chain is reinventing loyalty with at-home perks

By Mitra Sorrells | February 3, 2020

Nordic Choice Hotels has created a new option for its loyalty members that allows them to have in-home cleaning services with hotel products such as sheets, towels and toiletries. Read More

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