Top Travel Tech Weekly News

News / Startups

From burnout to money problems - why startups fail

By Kevin May | August 17, 2021

The sad reality is that travel startups, even without a global pandemic to contend with, experience vast challenges to get them competing alongside existing and profitable companies. Read More

News / Online

Hyatt acquires Apple Leisure Group for $2.7B

By Kevin May | August 16, 2021

Included in the deal are all of ALG's subsidiaries, including the Trisept Solutions travel technology wing that provides tools for leisure travel operators. Read More

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

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

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The pandemic has put excess stress on systems which, in many cases, were already outdated, highlighting the need for innovation and automation in payments processes.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

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

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

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

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

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

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

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

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

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

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

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