Latest News

Latest News

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

Airbnb ends 2021 with 25% revenue growth over 2019
News / Online
Airbnb ends 2021 with 25% revenue growth over 2019
By Jill Menze | February 15, 2022
Despite the continued effects of the pandemic, Airbnb posted record Q4 numbers and said 2021 was the best year in its history.... Read More
sabre-financial-2021
News / Distribution
Sabre plots recovery as profits lag
By Linda Fox | February 15, 2022
Sabre expects adjusted EBITDA to exceed pre-pandemic levels only by 2025, as travel continues its slow recovery from the impact of the coronavirus.... Read More
Heygo drives virtual travel forward with $20M investment
News / Online
Heygo drives virtual travel forward with $20M investment
By Linda Fox | February 15, 2022
Heygo enables users to travel from home regardless of physical, financial and environmental challenges... Read More
ANA and Joby to develop airport-city center air taxi service
News / Technology
ANA and Joby to develop airport-city center air taxi service
By Kevin May | February 15, 2022
The pair say the service could reduce transfers from Osaka station to Kansai International Airport, for example, from one hour by car to 15 minutes over 31 miles.... Read More
Hoteliers hit by labor shortage have robots in their toolbox
News / Technology
Hoteliers hit by labor shortage have robots in their toolbox
By Tovin Lapan | February 15, 2022
Confronting a protracted labor shortage, hoteliers have struggled to maintain standard operations, much less meet new demands that the pandemic has produced.... Read More
Tech-enabled employee travel can boost airlines’ bottom lines
Opinion / Technology
Tech-enabled employee travel can boost airlines’ bottom lines
By Mike Stacy - ID90 Travel | February 15, 2022
Improving non-rev booking tools for airline employees can help retain staff and increase overall traveler satisfaction.... Read More
evolve-100m-funding
News / Online
Evolve nabs $100M to add vacation rental properties
By Mitra Sorrells | February 14, 2022
Evolve manages more than 19,000 homes across North America and has now raised $235 million since it launched in 2011.... Read More
Booking.com ignites anger after customer service outsource move
News / Technology
Booking.com ignites anger after customer service outsource move
By Kevin May | February 14, 2022
The Booking Holdings-owned brand will use global customer service provider Majorel to handle its call center operations, with the exception of staff at its Manchester and Amsterdam locations.... Read More
Cogo acquires eScoot in mobility aggregator consolidation
News / Startups
Cogo acquires eScoot in mobility aggregator consolidation
By Linda Fox | February 14, 2022
Cogo and eScoot help users find and book electric scooters, bikes, cars and mopeds in cities across Europe.... Read More
Top drivers of conversion for short-term renters
News / Distribution
Top drivers of conversion for short-term renters
By Phocuswright Research | February 14, 2022
Even regular short-term rental (STR) users are likely to have a hybrid consideration set, comparing rental options alongside hotels.... Read More
startup-stage-lightly
Interview / Startups
STARTUP STAGE: Lightly helps travel brands accommodate families
By Mitra Sorrells | February 14, 2022
Created by a mother who experienced frustration when traveling with her baby, Lightly provides essential products such as diapers, crib sheets and swaddle blankets for hotels and other travel companies.... Read More
Q&A: Sandra Brahn of Vtrips on growth, acquisitions
News / Online
Q&A: Sandra Brahn of Vtrips on growth, acquisitions
By Jill Menze | February 14, 2022
Previously at Vacasa, Sandra Brahn joins Vtrips to develop and execute the vacation rental management company’s merger and acquisition strategy.... Read More
sounding-off-rentals-mainstream
Interview / Online
Sounding Off: Vacation rentals are as mainstream as it gets, in many ways
By PhocusWire | February 11, 2022
The cost of a product is now coming into play - the annoying element that providers of many forms of accommodation tend to avoid, as it is a very tangible differentiator between property A or B.... Read More
expedia-group-q4-fy-2021
News / Online
Expedia Group closes 2021 with record Q4 profitability
By Mitra Sorrells | February 11, 2022
Expedia Group CEO Peter Kern expresses optimism about 2022, calling it a year for innovation and delivery for the company.... Read More
Hotelbeds lays out eco and social initiatives, joins Amazon Climate Pledge
News / Distribution
Hotelbeds lays out eco and social initiatives, joins Amazon Climate Pledge
By Linda Fox | February 11, 2022
The Spain-based bedbank says it has achieved carbon neutral status for the fourth consecutive year by reducing emissions as well as offsetting emissions through independent organization Cabon Footprint.... Read More
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