Finance

News / Technology

TUI suffers 26% EBITA decline due to 737 MAX grounding

By Steven Lerner | December 11, 2019

TUI’s underlying EBITA tumbled 26% year-over-year from €1,143 million to €893 million due to the grounding of the Boeing 737 MAX aircraft. Read More

News / Startups

WhyHotel nabs $20M in funding - eyes expansion, business travel market

By Steven Lerner | December 11, 2019

The pop-up hotel concept plans to use the Series B round to expand nationally and grow its presence among business travelers. Read More

News / Startups

Travel startup investments 2019 - a year in review

By Steven Lerner | December 11, 2019

Investors were pouring money into travel startups in 2019. Here's where that money went. Read More

News / Online

Airbnb part of $55M round for corporate housing platform Zeus Living

By Steven Lerner | December 10, 2019

Funds from the $55 million round will enable Zeus Living to expand its portfolio of furnished homes for stays of 30 days or longer. Read More

News / Startups

Toyota backs autonomous shuttle service May Mobility with $50M investment

By Steven Lerner | December 5, 2019

The Toyota Motor Corporation is leading a $50 million Series B round into autonomous transportation-as-a-service startup May Mobility. Read More

News / Online

India's Paytm finances bus ticketing tech firm Infinity

By Steven Lerner | December 4, 2019

The partnership will bolster Paytm's payments and ticketing technology solutions for bus operators. Read More

News / Online

VIDEO: Financial analysts on Airbnb, travel stocks in 2020

By Steven Lerner | December 3, 2019

Top Wall Street analysts discuss Airbnb going public and other travel stock trends for 2020. Read More

News / Startups

Uplift finalizes $250M credit line for travel payment service

By Linda Fox | December 2, 2019

The platform that allows travel brands to offer part-payments to users agrees to a $250 million credit line with Credit Suisse. Read More

Interview / Startups

VIDEO: Setoo - Summit pitch runner-up at Phocuswright Conference 2019

By PhocusWire | November 29, 2019

Empowering e-businesses to turn insurance into products consumers love. Read More

Opinion / Startups

Read between the lines of travel startup funding to prepare for the future

By Simon Ferguson - Travelport | November 28, 2019

Travelport's Simon Ferguson says Phocuswright's startup funding report tells the story of the travel industry's future. Read More

On The Beach Group 2019 full year earnings

News / Online

On The Beach blames Thomas Cook collapse, Brexit for profit decline

By Steven Lerner | November 28, 2019

The collapse of Thomas Cook in September resulted in a £7.1 million revenue loss for On The Beach Group. Read More

News / Online

WATCH: A visual history of digital travel company revenues

By Steven Lerner | November 22, 2019

PhocusWire documented the entire history of quarterly total revenues since the first digital brands IPOed in the mid-1990s. Read More

News / Online

eDreams Odigeo overcomes SEO changes, reports 2% booking growth

By Steven Lerner | November 19, 2019

eDreams Odigeo reports another half year of stable results, with bookings climbing 2% year-over-year to 5.8 million Read More

Interview / Startups

Hot 25 Startups 2020: Setoo

By PhocusWire | November 18, 2019

Setoo’s platform allows travel businesses to preciously automate the entire insurance process and to develop personalized plans for each traveler. Read More

Interview / Startups

Hot 25 Startups 2020: TravelBank

By PhocusWire | November 18, 2019

Over 20,000 organizations leverage TravelBank to simplify the employee booking experience, automate expenses and track spending. Read More

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