Top Travel Tech Weekly News

News / Distribution

Corporate travel industry could see $47B per month hit from coronavirus

By Linda Fox | March 2, 2020

In a GBTA survey, two thirds of companies have cancelled a “few” meetings or events while 18% say they have cancelled “many” and 25% have cancelled “some.” Read More

News / Distribution

Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020

By Steven Lerner | February 28, 2020

Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS industry. Read More

Interview / Online

Sounding Off: Do consumers want a travel subscription? Maybe…

By PhocusWire | February 28, 2020

As much as it’s touted that younger generations want something new out of loyalty rewards, travel brands should get a clear picture on what that means before asking travelers to agree to monthly buy-in. Read More

News / Technology

How blockchain is reinventing travel loyalty programs for both brands and consumers

By Mitra Sorrells | February 28, 2020

Companies such as Loyyal, Qiibee and Kornchain are accelerating development of blockchain solutions for loyalty and rewards, and executives say they expect widespread adoption in the next five to 10... Read More

News / Online

Q&A: Collinson's Phil Seward on co-brand cards, travel subscriptions and empowering consumers

By Jill Menze | February 27, 2020

Phil Seward, senior vice president of loyalty strategy, Americas, at Collinson, explains the evolution of the co-branded credit card, if subscription models in travel are viable and how brands can put... Read More

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