Finance


travel-payments-evolution
Opinion / Technology
How online payment trends are impacting the travel industry
By Morten Larsen - Booking.com | July 25, 2018
The world of online payments is undergoing a rapid transformation. Whereas once customers had scant options - primarily credit cards and bank transfers - to make bookings over the internet, they now... Read More
Card-not-present fraud is the biggest threat to travel today
From Our Partners / Technology
Card-not-present fraud is the biggest threat to travel today
By Jim Pratt - WEX | June 19, 2018
Card-not-present (CNP) fraud is of growing threat to travel companies across the globe; action is needed to curb losses and protect consumers and businesses alike. Read More
VIDEO: Under the hood of travel startups
News / Startups
VIDEO: Under the hood of travel startups
By PhocusWire | June 14, 2018
Routehappy recently sold to ATPCO - a deal seen by most as a decent exit for a company that had been steadily growing for seven years. Read More
Worldpay on the mobile payment journey
News / Technology
Worldpay on the mobile payment journey
By PhocusWire | June 1, 2018
Did you know that 50% of people would be happy to provide biometric data to make a payment? Read More
Guesty $20M funding
News / Startups
Guesty raises nearly $20M to grow rental property management platform
By Mitra Sorrells | April 25, 2018
Guesty, a cloud-based system to simplify management of vacation rental properties across multiple distribution channels, has raised $19.75 million in series B funding.   Read More
Traveler insurers eye investment in AI
News / Technology
Traveler insurers eye investment in AI
By Jamie Biesiada - Travel Weekly | April 17, 2018
From customer service chatbots to serving up the right mix of trip-specific benefits to the right consumer, technology using artificial intelligence is making its way into the travel insurance sector,... Read More
Venture capital investments in travel tech could hit record highs in 2018
News / Startups
Venture capital investments in travel tech could hit record highs in 2018
By Mitra Sorrells | March 28, 2018
Startups creating solutions to make travel more efficient, frictionless and interconnected received a record amount of venture capital funding in 2017 – at $25.45 billion it was a substantial 32%... Read More
VisaHQ Fliggy Worldpay Lianlian Pay
News / Online
New partnerships facilitate tourism for Chinese travelers and businesses
By Mitra Sorrells | March 15, 2018
China’s travel market is projected to grow 9 to 11% annually for the next several years according to Phocuswright’s China Online Travel Overview from December 2017. Read More
Booking Holdings earnings full year 2017 1
News / Distribution
Booking Holdings reveals $12.7B revenue, goes lukewarm on Airbnb threat
By Mitra Sorrells | February 28, 2018
Booking Holdings – the new name for what was Priceline Group – showed significant growth across all sectors in 2017, with most key metrics up around 20%. Read More
TripAdvisor 2018 strategy hotels attractions mobile
News / Online
TripAdvisor bets on TV advertising, improved UX to restore profit in hotel segment
By Mitra Sorrells | February 15, 2018
TripAdvisor will expand its television advertising spending to $100 to $130 million for its hotel segment during 2018, with new creative and new markets, while simultaneously reducing online marketing... Read More
TripAdvisor earnings full year 2017
News / Online
TripAdvisor has revenue elsewhere to thank as hotel growth remains flat
By Mitra Sorrells | February 14, 2018
TripAdvisor turned in modest 5% growth in total revenue for 2017 but a notable 24% increase in revenue in its non-hotel category.    Read More
Trivago ends first year on public markets with 37% revenue jump
News / Online
Trivago ends first year on public markets with 37% revenue jump
By Mitra Sorrells | February 7, 2018
Hotel metasearch platform Trivago says increased awareness of the brand and strategic TV advertising have helped push annual revenue above €1 billion in 2017 – the first time the Germany-based company... Read More
Indian government pledges to stop cryptocurrency use
Notated News / Technology
Indian government pledges to stop cryptocurrency use
By Devidutta Tripathy, Nidhi Verma - Reuters | February 1, 2018
One of the biggest reactions so far, as India says it will move to stamp out use of cryptocurrencies, which it considers illegal. Read More
Airbnb CFO out new COO named
News / Technology
Airbnb IPO ruled out for 2018, CFO departs
By Jill Menze | February 1, 2018
Just days after Airbnb CEO Brian Chesky outlined the company’s plans toward moving into the next century, it was announced that Laurence Tosi is stepping down from his position as chief financial... Read More
airbnb next 100 years
News / Technology
Airbnb CEO outlines plans for "22nd-century company"
By Jill Menze | January 25, 2018
Airbnb CEO Brian Chesky today penned an open letter outlining his vision for the company’s next 100 years and announced American Express CEO Kenneth Chenault is joining the board of... Read More
The Phocuswright Conference 2026