Finance

News / Distribution

Brazil-based Nubank launches travel booking platform

By D.J. Catron | May 28, 2024

The partnership with Hopper Technology Services (HTS) will allow the bank’s Ultravioleta customers to purchase air tickets and book hotels on their banking app. Read More

News / Startups

Hotel tech entrepreneur launches Voyria travel startup fund

By Linda Fox | May 23, 2024

Voyria is looking to attract artificial intelligence-focused travel technology startups in the U.K. and Ireland and plans to support them financially as well as through mentorship. Read More

News / Technology

Cover Genius lands $80M to fund growth and technology investment

By Linda Fox | May 20, 2024

The company plans to put the funds toward further growth and technology investment, “including improved digital insurance distribution solutions, deploying artificial intelligence claims handling and... Read More

News / Technology

Korea-based credit card company creates travel booking portal

By D.J. Catron | May 20, 2024

The travel portal for Lotte Card customers will offer flights, accommodations and car rentals powered by HTS, Hopper's B2B solution. Read More

News / Technology

Simard to cease operations

By Michael B. Baker – Business Travel News | May 17, 2024

Simard was launched in 2021 by Winding Tree founder Pedro Renaud Anderson and travel technology consultant Matthieu Tahon to develop corporate use cases built from the Winding Tree blockchain. Read More

News / Startups

Naya Homes nabs $3M for vacation rental expansion in Mexico

By Linda Fox | May 8, 2024

Naya has raised $9.2 million to date, and these latest funds will go toward expanding the company into 10 new markets in Mexico. Read More

News / Online

India-based travel distribution platform TBO to open IPO

By Mitra Sorrells | May 6, 2024

The company said it will use the proceeds to invest in its technology and data solutions, to add new buyers and suppliers and to pursue acquisitions. Read More

News / Online

Incoming Expedia Group CEO Ariane Gorin emphasizes AI, personalization

By Morgan Hines | May 2, 2024

Ariane Gorin shared her plans as the incoming CEO of Expedia Group while the company reported earnings, tempering booking expectations for 2024. Read More

News / Online

Booking Holdings beats earnings expectations, talks up AI potential

By D.J. Catron | May 2, 2024

First quarter revenues of $4.4 billion represented a 17% increase over the same period last year, and net income of $776 million was nearly three times higher than Q1 in 2023. Read More

News / Distribution

Sabre says growth strategy beginning to pay off

By Linda Fox | May 2, 2024

Sabre president and CEO Kurt Ekert said margin expansion for the distribution company was driven by revenue growth, efficiency improvements and progress on its technology transformation. Read More

News / Online

Hostaway launches financial services for STRs

By D.J. Catron | April 25, 2024

Hostaway Capital, in partnership with Parafin, will offer financing options for vacation rental property management. Read More

News / Startups

Short-term rental experts talk funding climate, acquisition and valuations

By Linda Fox | April 25, 2024

Vacation rental executives from Awaze, HomeToGo, Hostaway, CVC Capital and Forge Holiday Group discuss industry growth and challenges. Read More

News / Online

Travel groups warn of fewer trips if U.S. adopts plan to lower credit card fees

By Johanna Jainchill and Robert Silk – Travel Weekly | April 19, 2024

A proposal to lower credit card fees could have the unintended consequence of reducing travel by cutting into the funds that support loyalty programs, data from the U.S. Travel Association shows. Read More