Top Travel Tech Weekly News

News / Online

Booking Holdings reports positive 2019, braces for coronavirus impact

By Steven Lerner | February 26, 2020

Booking Holdings is expecting a “significant and negative impact” for the first quarter of 2020 due to the COVID-19 coronavirus. Read More

News / Distribution

Sabre to invest $150M in technology as operating income drops 35% for full-year 2019

By Steven Lerner | February 26, 2020

To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020. Read More

News / Technology

Grab raises $856M to grow financial services, digital payments in Southeast Asia

By Steven Lerner | February 25, 2020

Super app Grab has secured a pair of investments totaling $856 million, fueling the so-called decacorn’s latest amplification into financial services and digital payments. Read More

News / Online

TripActions launches payment service that connects to travel plans and policies

By Mitra Sorrells | February 25, 2020

TripActions Liquid is the company’s new platform that provides both virtual and physical payment cards and is linked to TripActions’ travel system to streamline compliance, reconciliation and reporting. Read More

News / Online

MGM Resorts falls victim to data breach

By Linda Fox | February 24, 2020

MGM Resorts was the victim of a security breach affecting the personal details of millions of guests in the summer of 2019, according to reports. Read More

News / Startups

Airbnb tops lists of marketplace startups, ResortPass among fastest-growing

By Steven Lerner | February 24, 2020

Travel startups were well-represented in the Marketplace 100, which identifies the largest and fastest-growing consumer-facing marketplace private companies. Read More

News / Online

The new guest-centric look of loyalty for hotels

By Mitra Sorrells | February 24, 2020

Hospitality companies both large and small are revamping their loyalty programs to focus on serving the needs of their guests. Read More

News / Startups

Lessons learned from a failed travel loyalty startup

By Steven Lerner | February 20, 2020

Without the cooperation or support of hotels, airlines, banks or credit card companies, developing a loyalty startup is challenging. Read More

News / Online

Coronavirus, Viator rebranding among top concerns for Tripadvisor’s potential growth

By Steven Lerner | February 19, 2020

As Tripadvisor aims to grow in 2020, what are the big headwinds to watch out for? Read More

News / Distribution

Where travel brand loyalty sits in a super app world

By Linda Fox | February 18, 2020

It’s hard for major travel brands to ignore super apps given the huge volume of consumers that they attract and their high-frequency usage. Read More

News / Distribution

International expansion swells losses for OYO to $335M

By Linda Fox | February 17, 2020

The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year. Read More

News / Online

Trip.com Group wants $1.2B loan as coronavirus tests China’s economy

By Steven Lerner | February 17, 2020

As companies in China grapple with the economic impact of the coronavirus outbreak, the country’s largest online travel agency aims to gauge investor risk appetite. Read More

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