Finance

News / Distribution

Sabre notes "massive challenge to the industry" as revenues slump by a third

By Kevin May | May 8, 2020

The coronavirus outbreak has hit Sabre across all of its metrics, with revenue down from $1.05 billion in Q1 2019 to $659 million in the same period in 2020. Read More

News / Distribution

"Darkest of days" for Tripadvisor as it reports revenue losses, reduced headcount for Q1 2020

By Linda Fox | May 7, 2020

Bookings and revenue are down more than 90% for late March, says Tripadvisor as it reports its Q1 2020 earnings. Read More

News / Distribution

Hilton turns profit in Q1 2020 despite coronavirus

By Jill Menze | May 7, 2020

Hilton turned a profit to the tune of $18 million in the first quarter of 2020 - down from $159 million for the same period in 2019 - despite the threat of the coronavirus. Read More

News / Technology

Lyft reports increase in revenue, ridership in Q1 2020 despite coronavirus

By Jill Menze | May 6, 2020

Lyft is reporting revenue of $955.7 million in the first quarter of 2020, a year-over-year increase of 23% versus $776 million in the first quarter of 2019. Read More

News / Distribution

Are the tech giants coming for airlines?

By Linda Fox | May 4, 2020

Data giants such as credit card companies have stayed away from airlines; post-coronavirus travel might change that. Read More

Interview / Startups

Sounding Off: Survival of the fittest is a mental game

By PhocusWire | May 1, 2020

The most important role that founders and executive teams can take on now is disseminating the strategic gaps quickly and identifying who is the best placed in an organization to take on the duty of... Read More

News / Startups

InPhocus, episode 8 - A chance to use your time wisely

By PhocusWire | April 30, 2020

Travel startups, perhaps more nimble than their larger peers in the industry, should use this opportunity to take a deep breath, ensure the finances will keep the lights on and think differently. Read More

News / Startups

Diving trips platform Zublu adds $1M in seed funding

By Linda Fox | April 29, 2020

The round was led by Wavemaker Partners, with Mana Impact, She1k and angel investors also participating. Read More

News / Startups

FAST FACTS: The state of travel startups - winners when the industry recovers

By PhocusWire | April 27, 2020

Insert a near shut-down of the industry due to COVID-19 into the complex world of running a travel startup and you can multiply the existing challenges 10-fold. Read More

News / Technology

Destination X - Getting business in order first for cruise

By PhocusWire | April 21, 2020

If there is one segment of the travel, tourism and hospitality sector that will need help more than others in the months to come, it's probably the cruise industry. Read More

News / Startups

How a travel startup is balancing a fine line between surviving and carrying on

By Linda Fox | April 20, 2020

The U.K. government has pledged £250 million to help startups impacted by coronavirus. But it takes more than cash to ensure a brand can emerge from the other side of the crisis intact. Read More

Opinion / Startups

Riding high to laying low - travel startups in a coronavirus world

By Pete Comeau - Phocuswright | April 17, 2020

The state of travel startups will be completely upended in the coming months. It's time to ask some tough questions Read More

News / Online

Airbnb takes further COVID-19 protection measures with $1B loan

By Kevin May | April 15, 2020

The support comes just a week after it announced a funding round - a combination or debt and equity securities - from Silver Lake and Sixth Street Partners, also to the tune of $1 billion. Read More