Investments

Hugo Burge, online travel pioneer and startup investor, dies at 51
News / Online
Hugo Burge, online travel pioneer and startup investor, dies at 51
By Linda Fox | May 12, 2023
Tributes are flooding in for online travel pioneer Hugo Burge, who died on Wednesday at age 51. Read More
Expedia Group launches OneKeyCash for partners
News / Online
Expedia Group launches OneKeyCash for partners
By Kathryn Walson | May 12, 2023
The new rewards currency is intended to target the 83% of consumers who travel too infrequently to earn status or meaningful rewards. Read More
Expedia Group adds Mastercard to growing B2B lineup
News / Online
Expedia Group adds Mastercard to growing B2B lineup
By Kathryn Walson | May 9, 2023
Financial institutions that issue Mastercard-brand credit cards can enable their cardholders to redeem credit card loyalty points for travel bookings made through Expedia.  Read More
New Expedia tech extends debate on attribute-based selling
News / Technology
New Expedia tech extends debate on attribute-based selling
By Kathryn Walson | May 8, 2023
For now, Expedia Group’s system does not enable customization of room attributes, such as location, floor or view. Read More
MadeComfy scores $10 million for expansion and tech development
News / Online
MadeComfy scores $10 million for expansion and tech development
By Linda Fox | May 5, 2023
Investment in the Australia-based company was led by Commencer Capital with MC Fiduciary, BridgeLane Capital and private investors also participating. Read More
Short-term rental startups, investors talk market growth
News / Startups
Short-term rental startups, investors talk market growth
By Linda Fox | May 5, 2023
Funding is becoming harder to come by but some are breaking through with ongoing investor appetite in the vacation rental market. Read More
Expedia Group embraces AI, banks on loyalty program
News / Online
Expedia Group embraces AI, banks on loyalty program
By Kathryn Walson | May 4, 2023
Expedia Group continues to invest in its strategy of acquiring and retaining “high-value loyalty members and app users” across its three leading brands, CEO Peter Kern said. Read More
McKinsey analysts on travel industry opportunities
From Our Partners / Startups
McKinsey analysts on travel industry opportunities
By PhocusWire | May 2, 2023
Travel analysts from McKinsey discuss the latest research on travel startup funding and why travel companies may be missing an oppoortunity to get in on the ground floor of... Read More
HumanForest raises £12M to double its fleet, invest in tech
News / Startups
HumanForest raises £12M to double its fleet, invest in tech
By Kathryn Walson | April 27, 2023
The London-based company plans to invest the equity component into its user app and advertising technology platform. Read More
Calculating ROI for business travel
News / Online
Calculating ROI for business travel
By Kathryn Walson | April 27, 2023
Scott Gillespie, founder and CEO of travel consulting business tClara, presents a framework and guidance for the industry on assigning monetary value to business travel. Read More
Sonder at risk of delisting from Nasdaq
News / Online
Sonder at risk of delisting from Nasdaq
By Kathryn Walson | April 26, 2023
The company has 180 calendar days – by Oct. 18 – to get in compliance with the minimum bid price requirement or it could be delisted. Read More
As airfares soar, train bookings rise
News / Online
As airfares soar, train bookings rise
By Kathryn Walson | April 26, 2023
Omio has compared its search and booking data from Q1 2019 with Q1 2023, finding a 20% increase in total train bookings and a 54% decrease in total flight bookings. Read More
Travel startups: End of the boom or beginnings of a renaissance?
News / Startups
Travel startups: End of the boom or beginnings of a renaissance?
By Mike Coletta - Phocuswright | April 24, 2023
We have entered very difficult territory for fundraising in travel, and the days of easy money are over (at least for now). Read More
How optimizing operations can help air industry decarbonize
Opinion / Technology
How optimizing operations can help air industry decarbonize
By Yann Cabaret - SITA | April 21, 2023
By looking to existing and emerging technologies to optimize operations to decrease emissions, aviation can make an impact today while longer-term solutions such as sustainable aviation fuels become... Read More
Constellation Software invests in hotel-travel marketplace
News / Distribution
Constellation Software invests in hotel-travel marketplace
By Derek Catron | April 21, 2023
Roibos' platform offers transparent and direct connectivity between hoteliers and travel operators. The undisclosed investment will enable Roibos to accelerate its growth and expand its global presence.... Read More
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