Finance

News / Online

MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions

By Linda Fox | July 30, 2019

Group chairman and chief executive Deep Kalra hailed “strong business growth” in the “peak travel quarter” despite softer domestic demand. Read More

News / Technology

Certify/Chrome River acquires payment card provider Emburse

By Jill Menze | July 30, 2019

Certify/Chrome River is adding San Francisco-based startup Emburse to its travel expense management portfolio. Read More

News / Startups

Tech-based hospitality company RedDoorz raises $45M Series B

By Mitra Sorrells | July 28, 2019

Singapore-based budget hospitality brand RedDoorz has raised $45 million to expand through Southeast Asia. Read More

News / Online

Vrbo ticks revenue growth as Expedia Group gets brand "back on track"

By Jill Menze | July 25, 2019

For the quarter ending June 30, revenue for Vrbo was up 17% compared to the second quarter of 2018, while gross bookings were up 2% compared to the same period. Read More

News / Online

Trivago returns to referral revenue growth, ticks four consecutive quarters of profitability

By Mitra Sorrells | July 24, 2019

Trivago is on the upswing in the first half of 2019, with increased profitability and a return to positive referral revenue growth. Read More

News / Online

Collinson looks to double lounge platform presence across India

By Linda Fox | July 16, 2019

Collinson plans to triple its investment in India with the development of more airport lounges as well as bespoke services in partnership with local companies. Read More

News / Startups

VIDEO: How investors decipher the fast-paced online travel landscape in Asia

By Linda Fox | June 5, 2019

The “Through the Lens of Investors” session at the Phocuswright Europe 2019 Conference threw a spotlight on many of the recent big deals as well as some of the areas investors are drawn to currently. Read More

Opinion / Technology

How payment tech could revolutionize travel brands in Latin America

By Howard Blankenship - CellPoint Mobile | May 31, 2019

Have fintech and alternative forms of payment had an effect on the travel sector in Latin America? The short answer is yes; in fact, the impact is significant. Read More

News / Distribution

Ctrip sales jump 21% in Q1 to more than $1B

By Mitra Sorrells | May 23, 2019

The online travel agency giant's results are fueled by strong performance in both accommodation and transportation ticketing and growing international business. Read More

Interview / Startups

VIDEO: Setoo - Battleground pitch winner at Phocuswright Europe 2019

By PhocusWire | May 22, 2019

Empowering e-businesses to turn insurance into products consumers love and providing a new insurance experience. Read More

News / Distribution

MakeMyTrip revenue and bookings up more than 25%, operating losses down more

By Mitra Sorrells | May 21, 2019

Operating losses have decreased and revenue and bookings are up for India's largest online travel agency, MakeMyTrip. Read More

Bookings slightly up, revenue slightly down for Booking Holdings in Q1 2019

By Mitra Sorrells | May 9, 2019

Revenue was down but gross bookings were up for Booking Holdings in the first quarter of 2019, including a more than 10% increase in room nights sold. Read More

News / Online

Q1 growth slows for vacation rentals as Expedia Group realigns business for long-term

By Mitra Sorrells | May 2, 2019

Expedia Group bookings were up 8% in the first quarter of 2019, but only 5% in its vacation rental businesses, now consolidated under the Vrbo brand. Read More

News / Technology

Local payment strategy unlocks travel's potential in the Middle East

By Siew Hoon Yeoh - WebInTravel | April 4, 2019

Three forces – a young demographic, an aspirational market of travellers and strong mobile adoption – illustrate that the future for online and mobile payments is bright in the Middle East. Read More

From Our Partners / Technology

A simple switch keeps consumers’ credit card numbers safe - and builds loyalty

By Jim Pratt - WEX Corporate Payments | April 4, 2019

Traditionally, consumer card details have been handed over to a booking agent, then to an airline or a hotel receptionist. Unfortunately, fraudulent activity could happen at any stage. Read More

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