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LIVE BLOG: Coronavirus and the travel industry - impact and recovery
LIVE BLOG: Coronavirus and the travel industry - impact and recovery
By PhocusWire | May 31, 2020
PhocusWire's live blog is charting the impact of COVID-19 on the travel industry and the sector's efforts to recover.... Read More
News | Online
Didi gets $500M from SoftBank to develop autonomous driving technology
Didi gets $500M from SoftBank to develop autonomous driving technology
By Kevin May | May 30, 2020
Didi claims it is the single largest fundraising round in China for the autonomous vehicle industry. To-date Didi has raised $21.7 billion.... Read More
News | Technology
Welcome to the Global Startup Showcase 2020
Welcome to the Global Startup Showcase 2020
By PhocusWire | May 29, 2020
This event takes place online on Thursday, June 11, with discussion panels, interviews and tips for entrepreneurs in the travel, tourism and hospitality sector.... Read More
News | Startups
Tripfuser lands £2.4M in funding, seeks further expansion
Tripfuser lands £2.4M in funding, seeks further expansion
By Linda Fox | May 29, 2020
Funding for the Australia-based company was led by the Royal Automobile Club of Victoria. Acting CEO Matt McCann takes up the role permanently.... Read More
News | Startups
cabana-3.5M-funding
Mobile hotel company Cabana raises $3.5M to expand fleet of camper vans
By Mitra Sorrells | May 29, 2020
Cabana says it is merging “van life with boutique hotel comfort,” at a rate of about $200 per night.... Read More
News | Startups
trip-com-earnings-q1-2020
Trip.com Group revenue drops over 40% in Q1, expects steeper decline in Q2
By Mitra Sorrells | May 28, 2020
The company is bracing for continued losses but says it is seeing signs of recovery in domestic travel.... Read More
News | Online
Traveling festival fans hopeful of swift return but only if free web cancelations available
Traveling festival fans hopeful of swift return but only if free web cancelations available
By Kevin May | May 28, 2020
A survey of 110,000 festival-goers from countries such as the U.K., France and Germany found that over eight out of ten (82%) would feel confident attending an event within one to six months of restrictions being relaxed.... Read More
News | Online
Expedia Group pledges $275M to coronavirus recovery, gives lodging partners “free” marketing
Expedia Group pledges $275M to coronavirus recovery, gives lodging partners “free” marketing
By Jill Menze | May 28, 2020
Expedia Group is dedicating more than a quarter of a billion dollars to help its lodging partners, destinations and the travel industry rebound from the impact of the coronavirus.... Read More
News | Online
airdna-booking-surge
Global vacation rental bookings surge to more than 2M, up 127% from early April
By Mitra Sorrells | May 28, 2020
After a low of just 916,000 bookings in early April, AirDNA finds there has been a fairly steady increase in markets around the globe.... Read More
News | Online
InPhocus, episode 12 - Right place, right time for a travel startup
InPhocus, episode 12 - Right place, right time for a travel startup
By PhocusWire | May 28, 2020
Some travel startups are using the current climate to shore up their strategy and take advantage of the support that a few governments have offered in order to prop up young businesses.... Read More
News | Startups
Destination X - The new normal in tourism
Destination X - The new normal in tourism
By PhocusWire | May 27, 2020
Have we learned anything, or do we race back to the same mistakes that many destinations and attractions were making prior to the outbreak? ... Read More
News | Technology
arrivalist-memorial-weekend
Holiday weekend road trip activity up to “spring break levels” in some parts of U.S.
By Mitra Sorrells | May 27, 2020
Arrivalist found a sharp increase in long road trip activity at the start of the Memorial Day weekend in the United States.... Read More
News | Online
VIDEO: New Reality With... Axel Hefer of Trivago
VIDEO: New Reality With... Axel Hefer of Trivago
By PhocusWire | May 27, 2020
The next guest on the New Reality With... series is Axel Hefer, CEO of Trivago, the Germany-based hotel search service.... Read More
News | Online
react mobile funding
React Mobile gets $6M in funding to develop hotel panic-button tech
By Jill Menze | May 27, 2020
The company, which provides panic-button technology for hotel workers, has raised $6 million in funding through a strategic partnership with Brady Corporation.... Read More
News | Technology
Tours and activities brands plot recovery with at-home experiences, crowd-control measures
Tours and activities brands plot recovery with at-home experiences, crowd-control measures
By Jill Menze | May 27, 2020
In response to the coronavirus crisis, Klook is launching virtual experiences as part of a multi-stage recovery plan, while competitor GetYourGuide is building crowd-control technology.... Read More
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