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Opinion
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Startups
Cabana founder on lessons learned from failed startup
By Scott Kubly
|
March 1, 2024
Founded in 2019, Cabana offered a “hotel-on-wheels.” It had raised more than $17 million, had $2 million in annual revenue, and its more than 4,000 customers had booked 20,000 nights.
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News
/
Technology
AI check-in: Trip.com seeks to create “perfect trip for a better world” with TripGenie
By Morgan Hines
|
February 29, 2024
In the past year, users engaging with TripGenie used the Trip.com app for a "remarkable" 20 minutes or more - double the length of app users not engaging with the tool.
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News
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Distribution
Amadeus 2023 revenue hits €5.4B, expects growth from Vision-Box acquisition
By Linda Fox
|
February 28, 2024
Amadeus revenue in Q4 increased 18% to almost €1.4 billion with EBITDA up 18% to €469 million and a 47% increase in profit to €210 million.
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News
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Technology
Spotlight on 3 technology trends in corporate travel
By Linda Fox
|
February 27, 2024
Recent reports and business travel execs highlight advances in AI, personalization and expense management as the trends to watch.
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News
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Online
What happens when travelers find tours too authentic?
By Morgan Hines
|
February 26, 2024
An “authentic” experience that included a fried dog in a local market set off a lively discussion of what responsibilities tour operators — and travelers — bear when encountering unfamiliar cultures.
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News
/
Online
Booking Holdings will appeal $530M fine by Spanish competition authority
By Mitra Sorrells
|
February 22, 2024
Booking Holdings reported its fourth quarter and full year 2023 earnings late Thursday, with records across multiple financial metrics including revenue that soared 40% higher than 2019.
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News
/
Technology
AI check-in: MakeMyTrip sees conversion boost from AI implementations
By Morgan Hines
|
February 22, 2024
MakeMyTrip group chief technology officer Sanjay Mohan discusses what the company is learning - and the business impacts - from its artificial intelligence strategy.
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News
/
Technology
Study: How AI boosts digital advertising and direct bookings
By Derek Catron
|
February 21, 2024
Recent advances in AI’s handling of digital advertising have increased the possibilities for hotels to grow direct bookings, a study from D-Edge found.
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News
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Online
CEO Spotlight - Damian Scokin of Despegar
By Linda Fox
|
February 20, 2024
In a discussion with PhocusWire, Despegar CEO Damian Scokin talks about carrying momentum from 2023 into the year ahead, the role of artificial intelligence and growth opportunities for the Latin...
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News
/
Technology
Q&A: Conor Grennan on how travel companies can use generative AI as a strategic advantage
By Mitra Sorrells
|
February 16, 2024
The NYU Stern dean and consultant on generative AI explains why it is a change management issue and so much more than a simple tool - and why training employees how to use it is like "giving them an...
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News
/
Online
Airbnb adjusted EBITDA up 28% year over year as inventory grows to nearly 8M
By Morgan Hines
|
February 13, 2024
Airbnb said it has more than 5 million hosts and the highest inventory growth in 2023 came in Asia Pacific and Latin America.
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News
/
Technology
Generative AI check-in: HomeToGo on integrating artificial intelligence across its platform
By Morgan Hines
|
February 13, 2024
PhocusWire is checking in with travel companies that were early adopters of generative artificial intelligence around a year after brands began implementing the technology.
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News
/
Online
Tripadvisor considers potential sale that would take it private
By Derek Catron
|
February 12, 2024
Tripadvisor has formed a special committee and retained an advisor to consider potential deal proposals.
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Opinion
/
Startups
Jeff Katz on Journera’s shutdown and why a connected trip still matters
By Jeff Katz - Journera
|
February 12, 2024
Jeff Katz shares his lessons from trying to build Journera and why he still believes in the need for the industry to break down silos in a traveler’s journey.
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News
/
Online
Peter Kern stepping down, Ariane Gorin to take over as Expedia Group CEO in May
By Mitra Sorrells and Derek Catron
|
February 8, 2024
Kern has been Expedia Group's CEO since April 2020. The announcement came during an earnings call in which the company reported its highest ever full-year and fourth quarter revenue.
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Spain fines Amadeus €14.4M over traveler profiling pilot
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Finance
OTA marketing spend creeps up despite talk of AI-driven efficiency
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Amadeus, Accenture partner on new agentic advertising platform
Opinion
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The Plaid moment hospitality can't afford to miss
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Web Travel Group acquires hotel rebooking platform Pruvo
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Architecture, pace, culture: Navigating travel's AI transition
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Juniper Group acquires Deem from Travelport
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AI-powered Mindtrip expands to Europe
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Perk secures $300M in finance for product and technology investment
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Priceline updates Penny AI assistant with Claude
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