Editors Pick

Top Travel Tech Weekly News

VIDEO: Hotels and rentals - divide, conquer or converge?
News / Distribution
VIDEO: Hotels and rentals - divide, conquer or converge?
By PhocusWire | December 7, 2021
Alternative accommodation may have notched up a headstart over hotels, when lockdown restrictions began to ease - but no-one is saying that the momentum for the sector is likely to continue in the long... Read More
Rentals and SPACs spotlighted as Vacasa goes public at $4.4B valuation
News / Online
Rentals and SPACs spotlighted as Vacasa goes public at $4.4B valuation
By Mitra Sorrells | December 7, 2021
Vacasa CFO Jamie Cohen says the company has two priorities that will drive how it uses the new capital: adding supply and developing its technology and product. Read More
What is Booking Holdings up to with its big 2021 spending spree?
News / Online
What is Booking Holdings up to with its big 2021 spending spree?
By Kevin May | December 6, 2021
PhocusWire asked a range of executives and experts for their perspective on what might be motivating the buying spree at Booking Holdings and what it means for their competitors, others and the future. Read More
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News / Online
American Express GBT will go public via SPAC at $5.3B valuation
By Mitra Sorrells | December 3, 2021
The transaction, expected to close in the first half of 2022, is expected to provide up to $1.2 billion of gross proceeds, of which $335 million is fully committed from new investors including... Read More
Sounding Off: IPOs might hamper the spirit of innovation
Interview / Online
Sounding Off: IPOs might hamper the spirit of innovation
By PhocusWire | December 3, 2021
The balance between the formalities and culture of becoming a public company alongside fostering an ability to try new things is a difficult one. Read More
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News / Startups
Selina plots public listing via SPAC
By Linda Fox | December 3, 2021
Selina, which was launched in 2015, is combining with existing SPAC New York-based BOA Acquisition Corp. with gross proceeds of $285 million anticipated from the deal. Read More
VIDEO: ATPCO's Alex Zoghlin on travel retailing and a life in digital
News / Distribution
VIDEO: ATPCO's Alex Zoghlin on travel retailing and a life in digital
By PhocusWire | December 3, 2021
Zoghlin joined us in the PhocusWire Studio to discuss the latest developments in the progress toward a retail-based future for airline distribution and reflect on some of those other jobs in the last... Read More
Sabre highlights agency recovery strategies, tech investment priorities
News / Technology
Sabre highlights agency recovery strategies, tech investment priorities
By Linda Fox | December 3, 2021
The top five strategies being followed by agencies, as they look to recover, include personalized bundles for travelers, targeting higher yield customers and investing in new technology. Read More
kayak-leads-life-house-seriesc
News / Startups
Kayak leads $60M Series C for Life House
By Mitra Sorrells | December 2, 2021
Life House and Kayak have been working together since last spring with the opening of Kayak Miami Beach, a hotel managed by Life House. Read More
VIDEO: Accenture on being agile, data-driven and prepared for the future
News / Technology
VIDEO: Accenture on being agile, data-driven and prepared for the future
By PhocusWire | December 2, 2021
If we accept personalization, digitalization and decentralized processes are going to be movements to adopt over the next five to 10 years, positioning and structuring a business now would be a sensible... Read More
youtrip-payments-funding
News / Startups
YouTrip eyes B2B payments following $30M funding round
By Linda Fox | December 2, 2021
Singapore-based YouTrip says its app has been downloaded more than 1.5 million times and that it has processed some 20 million transactions across Singapore and Thailand. Read More
Six ways COVID has changed the airline industry
News / Distribution
Six ways COVID has changed the airline industry
By Jill Menze | December 2, 2021
Moving into 2022, airlines will need to focus on convenience and predictability to meet consumer demands. Read More
Q&A: Cvent CEO Reggie Aggarwal on hybrid futures and going public again
News / Technology
Q&A: Cvent CEO Reggie Aggarwal on hybrid futures and going public again
By Donna Airoldi - BTN | December 1, 2021
Cvent founder and CEO Reggie Aggarwal spoke with BTN in late November and says the company planned to be listed on the Nasdaq exchange the morning of December 9. Read More
VIDEO: Kayak on placing strategic bets during a pandemic
News / Online
VIDEO: Kayak on placing strategic bets during a pandemic
By PhocusWire | December 1, 2021
Like most businesses in travel, Kayak suffered during the pandemic but is now plotting a path to some form of recovery. But CEO and co-founder Steve Hafner feels the worst is behind us. Read More
PROS acquires direct travel sales platform EveryMundo for $80M
News / Technology
PROS acquires direct travel sales platform EveryMundo for $80M
By Kevin May | November 30, 2021
The cash deal for U.S.-based EveryMundo will also include the delivery of $10 million stock in the future, subject to conditions. Read More
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