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Latest News

Stay up to date with the latest travel technology news, startup updates, and industry developments from across the global travel ecosystem.

Despegar turns Q4 profit 9% over 2019 levels
News / Online
Despegar turns Q4 profit 9% over 2019 levels
By Jill Menze | March 10, 2022
The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level.... Read More
sonder-q4-fy2021
News / Online
Sonder revenue more than doubles in 2021
By Mitra Sorrells | March 10, 2022
Sonder, now a public company, says highlights of 2021 include the launch of its corporate travel offering and growing its portfolio by 51%.... Read More
The wider trends driving business travel recovery
News / Technology
The wider trends driving business travel recovery
By Linda Fox | March 10, 2022
Many large companies now say they will continue to offer more flexible working going forward enabling employees to choose whether they work from home or the office or both.... Read More
OTA Insight buys Transparent in bid to cover full accommodation sector
News / Distribution
OTA Insight buys Transparent in bid to cover full accommodation sector
By Kevin May | March 10, 2022
The combination of the two brands is being positioned as a way of giving hotels and rental properties the opportunity to access data and business intel on their markets and competition.... Read More
big-chair-eviivo-fitzpatrick
Interview / Technology
In The Big Chair - Michele Fitzpatrick of Eviivo
By Mitra Sorrells | March 10, 2022
Since 2012, Michele Fitzpatrick has been CEO of U.K.-based Eviivo, which provides a cloud-based booking and property management platform.... Read More
Expedia Group, Booking Holdings halt Russia travel sales
News / Online
Expedia Group, Booking Holdings halt Russia travel sales
By Jamie Biesiada - Travel Weekly | March 9, 2022
Bookings to Eastern Europe that include Russia represent a high single-digit percentage of Booking Holdings' gross sales.... Read More
Fifteen rides away with €40M in fresh funding
News / Technology
Fifteen rides away with €40M in fresh funding
By Linda Fox | March 9, 2022
The France-based company is the combination of Zoov and Smoove, after the pair merged in 2021.... Read More
Four ways to help women win in STEM
Opinion / Technology
Four ways to help women win in STEM
By Sharon Doyle - Travelport | March 9, 2022
Despite the push for gender equality in STEM careers, women are still the minority in these fields. Change doesn’t happen overnight, but there are actions we can all take to balance the scales.... Read More
Amex GBT notes corporate travel "resilience" in Omicron recovery
News / Online
Amex GBT notes corporate travel "resilience" in Omicron recovery
By Michael B. Baker - BTN | March 9, 2022
Transaction volume in February climbed back to more than half of its pre-pandemic level as part of a "strong recovery" from the omicron variant.... Read More
Airbnb "closely evaluating" new host applications in Ukraine
News / Online
Airbnb "closely evaluating" new host applications in Ukraine
By Mitra Sorrells | March 9, 2022
With at least $2 million already paid to hosts of properties in Ukraine via Airbnb, the company says it is evaluating inquiries from new hosts more closely than it normally would.... Read More
Black representation in hospitality leadership not making gains
News / Online
Black representation in hospitality leadership not making gains
By Jill Menze | March 9, 2022
According to a Castell Project report, Black representation in leadership for the public face of the hospitality is not making the gains necessary to show opportunity for Black employees.... Read More
selfbook-raises-15-million
News / Startups
Hotel payment startup Selfbook valued at $300M following $15M injection
By Jill Menze | March 8, 2022
The $15 million extension of its Series A financing brings Selfbook’s total funding to $40 million.... Read More
Travel stocks fall as Ukraine crisis enters third week
News / Online
Travel stocks fall as Ukraine crisis enters third week
By Robert Silk - Travel Weekly | March 8, 2022
U.S. travel industry stocks plunged over investor worries about surging oil prices and concerns about how Russia's ongoing invasion of Ukraine could impact European travel plans.... Read More
DEI-business-travel
News / Distribution
Action speaks louder than data in diversity and inclusion
By Linda Fox | March 8, 2022
Collecting data on diversity and inclusion should not be something that ends up in a drawer, says GBTA's diversity vice chair.... Read More
Fleetcor acquires Levarti to bolster tech for air passenger services
News / Technology
Fleetcor acquires Levarti to bolster tech for air passenger services
By Kevin May | March 8, 2022
U.K.-based Levarti has a passenger notification system for delays and cancellations, flight re-booking tools, hotel accommodation, transfers and vouchers.... Read More
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