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Online
Despegar gets $200M in investments, sees “positive trend” in bookings
By Mitra Sorrells
|
August 21, 2020
Despegar's bookings declined 94% year-over-year in the second quarter, but the company is expressing optimism fueled by two new investments.
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Interview
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Startups
Phocuswright Europe 2020 preview: Out of Office with... Sean Seton-Rogers
By PhocusWire
|
August 20, 2020
In a series of interviews with executives participating in the online event in September, PhocusWire finds out what they have learned from the Covid-19 crisis. Next up: PROfounders Capital' Sean...
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News
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Online
Airbnb files for IPO despite crisis year for the travel industry
By Kevin May
|
August 19, 2020
The question of when Airbnb would move towards its long-awaited IPO has followed the company long before the coronavirus pandemic hit the industry in early-2020.
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News
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Online
Omio secures $100M in funding, eyes customer experience developments and "opportunistic acquisitions"
By Linda Fox
|
August 19, 2020
Existing and new investors have participated in this latest round, including Kinnevik, Temasek, Goldman Sachs, NEA and Kleiner Perkins.
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News
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Online
Tripadvisor revenue down 86% in Q2 to $59M, still better than expected, says CEO
By Mitra Sorrells
|
August 6, 2020
Tripadvisor says it is seeing steady improvement in users and revenue since lows in April.
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News
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Online
Abysmal April pulls Expedia Group down to record lows in second quarter
By Mitra Sorrells
|
July 30, 2020
Expedia Group saw an uptick in business in May and June and now a leveling off in July.
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News
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Startups
Spotta nets $1.2M to bring its hotel pest control tech to new markets
By Linda Fox
|
July 30, 2020
Spotta has raised a seed round to put towards expansion and the launch of new services.
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News
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Online
Southeast Asian OTA Traveloka raises $250M as it sees “encouraging recovery” in key markets
By Mitra Sorrells
|
July 28, 2020
The company has implemented several measures to address COVID-19 and says it is seeing recovery in Vietnam, Thailand, Indonesia and Malaysia.
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News
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Technology
Hotailors closes £2.6M seed round, looks to expansion
By Linda Fox
|
July 24, 2020
Investors in the Poland-based company include DialCom24, Alfabeat and a number of private backers.
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News
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Distribution
Didi Chuxing targets younger demographic with Huaxiaozhu ride-hailing service
By Linda Fox
|
July 23, 2020
Didi Chuxing has launched a cheaper ride-hailing service called Huaxiaozhu and targeting younger customers.
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News
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Distribution
Gett raises $100M to grow B2B corporate travel business ahead of possible IPO
By Mitra Sorrells
|
July 21, 2020
Gett says it is now fully funded and plans to expand its ground transportation platform globally.
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News
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Online
WATCH: Visualization of the early hit on digital travel revenues from coronavirus
By PhocusWire
|
July 8, 2020
The first signs of how much impact the crisis has hit the revenues of publicly traded companies became apparent when they released their first quarter earnings reports.
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News
/
Startups
Questo adds €300,000 in funding to expand self-guided tours
By Linda Fox
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July 7, 2020
Romania-based Questo wants to offer tours in 100 cities by the end of 2020.
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News
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Startups
VIDEO: New Reality With... Jamie Wong and Erik Blachford of Narrative Fund
By PhocusWire
|
July 3, 2020
The next guests on the New Reality With... series are Jamie Wong and Erik Blachford, partners at Narrative Fund, a U.S.-based early stage investment fund in consumer technology companies.
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Interview
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Startups
Sounding Off: Risky startup investments now have a new risk attached
By PhocusWire
|
June 26, 2020
Startups have to contend with surviving the crisis, but they must also climb a hill in terms of the viability of their product or service for the long term and in the "new normal."
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Supercharging travel: 10 Trends that will shape the industry over the next decade
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AI is pushing travel advisors toward their next evolution
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Omio to acquire Rail Europe
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Can AI ease the pain of flight delays? The FAA says yes, and soon
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Rethinking the airline playbook for the AI era
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PhocusWire's travel tech news briefs: Expedia Group, Apaleo, Klook and more...
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Travel startup investors look beyond AI hype
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Fora lands $60M to scale AI assistant for travel advisors
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Expedia Trails Fund links sustainability with commerce
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Omio to acquire Rail Europe
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