Finance


Booking Holdings q2 2019 earnings
Booking Holdings integrates brands, develops payment capabilities in quest for “connected trip”
By Mitra Sorrells | August 7, 2019
Booking Holdings reports positive financial results as it works toward what CEO Glenn Fogel called the "connected trip." Read More
News | Online
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MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions
By Linda Fox | July 30, 2019
Group chairman and chief executive Deep Kalra hailed “strong business growth” in the “peak travel quarter” despite softer domestic demand. Read More
News | Online
Certify/Chrome River acquires payment card provider Emburse
Certify/Chrome River acquires payment card provider Emburse
By Jill Menze | July 30, 2019
Certify/Chrome River is adding San Francisco-based startup Emburse to its travel expense management portfolio. Read More
News | Technology
RedDoorz 45 million series b
Tech-based hospitality company RedDoorz raises $45M Series B
By Mitra Sorrells | July 28, 2019
Singapore-based budget hospitality brand RedDoorz has raised $45 million to expand through Southeast Asia. Read More
News | Startups
expedia group q2 2019
Vrbo ticks revenue growth as Expedia Group gets brand "back on track"
By Jill Menze | July 25, 2019
For the quarter ending June 30, revenue for Vrbo was up 17% compared to the second quarter of 2018, while gross bookings were up 2% compared to the same period. Read More
News | Online
Trivago Q2 2019 earnings
Trivago returns to referral revenue growth, ticks four consecutive quarters of profitability
By Mitra Sorrells | July 24, 2019
Trivago is on the upswing in the first half of 2019, with increased profitability and a return to positive referral revenue growth. Read More
News | Online
collinson-india-investment
Collinson looks to double lounge platform presence across India
By Linda Fox | July 16, 2019
Collinson plans to triple its investment in India with the development of more airport lounges as well as bespoke services in partnership with local companies. Read More
News | Online
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VIDEO: How investors decipher the fast-paced online travel landscape in Asia
By Linda Fox | June 5, 2019
The “Through the Lens of Investors” session at the Phocuswright Europe 2019 Conference threw a spotlight on many of the recent big deals as well as some of the areas investors are drawn to currently. Read More
News | Startups
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How payment tech could revolutionize travel brands in Latin America
By Howard Blankenship - CellPoint Mobile  | May 31, 2019
Have fintech and alternative forms of payment had an effect on the travel sector in Latin America? The short answer is yes; in fact, the impact is significant. Read More
Opinion | Technology
Ctrip Q1 earnings
Ctrip sales jump 21% in Q1 to more than $1B
By Mitra Sorrells | May 23, 2019
The online travel agency giant's results are fueled by strong performance in both accommodation and transportation ticketing and growing international business. Read More
News | Distribution
VIDEO: Setoo - Battleground pitch winner at Phocuswright Europe 2019
VIDEO: Setoo - Battleground pitch winner at Phocuswright Europe 2019
By PhocusWire | May 22, 2019
Empowering e-businesses to turn insurance into products consumers love and providing a new insurance experience.  Read More
Interview | Startups
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
By Mitra Sorrells | May 21, 2019
Operating losses have decreased and revenue and bookings are up for India's largest online travel agency, MakeMyTrip. Read More
News | Distribution
Bookings slightly up, revenue slightly down for Booking Holdings in Q1 2019
By Mitra Sorrells | May 9, 2019
Revenue was down but gross bookings were up for Booking Holdings in the first quarter of 2019, including a more than 10% increase in room nights sold. Read More
News | Distribution
Expedia Q1 earnings 2019
Q1 growth slows for vacation rentals as Expedia Group realigns business for long-term
By Mitra Sorrells | May 2, 2019
Expedia Group bookings were up 8% in the first quarter of 2019, but only 5% in its vacation rental businesses, now consolidated under the Vrbo brand. Read More
News | Online
Local payment strategy unlocks travel's potential in the Middle East
Local payment strategy unlocks travel's potential in the Middle East
By Siew Hoon Yeoh - WebInTravel  | April 4, 2019
Three forces – a young demographic, an aspirational market of travellers and strong mobile adoption – illustrate that the future for online and mobile payments is bright in the Middle East. Read More
News | Technology