Editors Pick

Top Travel Tech Weekly News

nick-price-digital-identity
News / Technology
Q&A: The potential of decentralized digital ID in travel
By Mitra Sorrells | August 16, 2021
Decentralized digital identity solutions could dramatically change distribution, marketing, cybersecurity and more in the travel industry. Read More
Sounding Off: Travel brands must speak up - or others will assume the worst
Interview / Online
Sounding Off: Travel brands must speak up - or others will assume the worst
By PhocusWire | August 13, 2021
Sustainability must be a priority for every individual, government and business, and for the latter two, efforts around it must be made public. Read More
cellpoint-digital-payments-oped
Opinion / Online
Airlines' COVID payment challenges as a catalyst for innovation
By Stephane Druet - CellPoint Digital | August 13, 2021
The pandemic has put excess stress on systems which, in many cases, were already outdated, highlighting the need for innovation and automation in payments processes. Read More
Airbnb revenue jumps 300% in Q2 2021
News / Online
Airbnb revenue jumps 300% in Q2 2021
By Jill Menze | August 12, 2021
The home-share giant was also profitable on an adjusted EBITDA basis for the second quarter of 2021. Read More
perimeterx-magecart-op-ed
Opinion / Technology
The many ways Magecart can hack travel sites
By Avishai Shafir - PerimeterX | August 12, 2021
Magecart is taking off, but OTAs and travel sites can save themselves grief and major financial risk by acting in advance to ground this threat.   Read More
Ixigo acquires Abhibus, boosts presence beyond India's major cities
News / Online
Ixigo acquires Abhibus, boosts presence beyond India's major cities
By Linda Fox | August 5, 2021
The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s being sold for a mixture of cash and Ixigo stock. Read More
Uber basks in early recovery momentum with $4B quarterly revenues
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May | August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods... Read More
russia-travel-recovery
News / Online
Russia's online travel primed as investment arrives
By Linda Fox | August 4, 2021
The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More
phocuswire-pulse-xanderpay
News / Online
VIDEO: Time to revamp payments in hospitality
By PhocusWire | August 4, 2021
XanderPay CEO Mike Carlo discusses the problems and inefficiencies plaguing the hospitality industry when it comes to payments and offers suggestions for innovations. Read More
Booking.com launches Flash Deals for hotels
News / Distribution
Booking.com launches Flash Deals for hotels
By Kevin May | August 4, 2021
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that time period, customers will get up to 30% off a selected room and rate. Read More
Lyft achieves adjusted EBITDA profitability for first time
News / Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells | August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More
VIDEO: Easing the burden of paying for travel
News / Technology
VIDEO: Easing the burden of paying for travel
By PhocusWire | August 4, 2021
What is the appeal of buy-now-pay-later for brands? What segments of the industry is it more popular than others? And what effect does it have on the business models of exissting brands? Read More
Sabre revenues less than half of 2019 levels despite some travel resuming
News / Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May | August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic... Read More
Bolt rides off with €600M investment round
News / Technology
Bolt rides off with €600M investment round
By Linda Fox | August 3, 2021
Bolt, which calls itself Europe's super app, claims it is valued at more than €4 billion after its most recent Series E funding round. Read More
vtravel-250-million
News / Online
Vietnamese tech conglomerate, OTA operator raises $250M
By Mitra Sorrells | August 2, 2021
VNLife operates VNTravel, a Vietnam-based online travel agency with more than five million customers. Read More
The Phocuswright Conference 2026