traveloka-ipo-plans
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
By Linda Fox | March 3, 2021
Traveloka says it is still considering listing in Indonesia but the U.S. provides global opportunities. Read More
News | Online
hertz-restructuring-plan
Hertz devises restructuring plan after private equity injection
By Linda Fox | March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2 billion. Read More
News | Distribution
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
By Kevin May | March 2, 2021
The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually slowing increases in prior years. Read More
News | Online
campsited-funding
Campsited pegs down €600,000 in funding for business growth
By Linda Fox | March 1, 2021
Dublin-based Campsited hopes to close a further €3 million in the next three months after landing €600,000 in funding. Read More
News | Startups
In first earnings report, Airbnb posts quarterly loss of $3.9B
In first earnings report, Airbnb posts quarterly loss of $3.9B
By Jill Menze | February 25, 2021
Despite a massive loss in the fourth quarter of 2020, CEO Brian Chesky says the pandemic has proved Airbnb's business is "inherently adaptable." Read More
News | Online
Booking Holdings focuses on payment platform, connected trip and U.S. growth as 2020 revenue drops 55%
Booking Holdings focuses on payment platform, connected trip and U.S. growth as 2020 revenue drops 55%
By Mitra Sorrells | February 24, 2021
Booking Holdings CEO Glenn Fogel says the company is focusing on products and strategies that can help the company grow as travel resumes. Read More
News | Online
uplift-ventures-500k
Jet-lag app creator Uplift Ventures closes $500K angel round
By Mitra Sorrells | February 19, 2021
Uplift Venture says it will use the money to develop the app and also a new solution for night shift workers. Read More
News | Startups
tripadvisor-q4-2020
Tripadvisor revenue down 61% in 2020, subscription product a focus for 2021
By Mitra Sorrells | February 18, 2021
Tripadvisor says it is continuing to roll out the Tripadvisor Plus subscription service in the United States in the first half of 2021, with plans to grow to other English-speaking markets after that. Read More
News | Online
How I Got Here, episode 52 - Jamie Wong of Vayable
How I Got Here, episode 52 - Jamie Wong of Vayable
By PhocusWire | February 18, 2021
It's not the most well-trodden path in online travel - from a producer on the hit The Daily Show With Jon Stewart to CEO of a tours and activities business. Read More
Interview | Online
getyourguide-financing
GetYourGuide adds €80M in financing to explore strategic investments
By Linda Fox | February 16, 2021
GetYourGuide’s latest funding follows a €114 million convertible note announced in October 2020. Read More
News | Online
expedia-q4-2020-earnings
Expedia Group pulls Vrbo from Google’s vacation rental metasearch product
By Mitra Sorrells | February 11, 2021
Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019. Read More
News | Online
getaway-42M-funding
Certares leads $42M Series C for cabin-rental platform Getaway
By Mitra Sorrells | February 8, 2021
Getaway says it had 150% year-over-year growth in 2020 and plans to rapidly expand. Read More
News | Startups
ixigo-buys-confirmtkt
Ixigo buys train booking app Confirmtkt to serve India’s $8B rail market
By Mitra Sorrells | February 4, 2021
The deal aligns with the Indian online travel agency’s decision in 2019 to focus on flights, trains and buses. Read More
News | Distribution
WEBINAR REPLAY! How travel can leverage payment technology for a smart COVID-19 recovery
WEBINAR REPLAY! How travel can leverage payment technology for a smart COVID-19 recovery
By PhocusWire | February 2, 2021
As airlines and travel agencies plan their comeback, it is essential they have access to the most recent and relevant research enabling them to make smart decisions on how to mitigate the economic... Read More
News | Technology
wit-rerun-klook-2021
Klook on what it will mean to win in 2021
By Yeoh Siew Hoon - WiT | February 1, 2021
Fresh from raising another $200 million, Klook co-founder and COO Eric Gnock Fah spoke to WiT’s Yeoh Siew Hoon about the new funding and investing for the future. Read More
News | Distribution
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