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.

Elude raises $3 million for budget-based travel booking app
News / Online
Elude raises $3 million for budget-based travel booking app
By Jill Menze | November 19, 2021
The seed round was led by ATX Venture Partners, bringing Los Angeles-based Elude's total funding to $5 million.... Read More
american-airlines-winding-tree
News / Distribution
American Airlines enables direct connection through Winding Tree
By Mitra Sorrells | November 19, 2021
Through the partnership, employees of an unnamed large corporate buyer can book their leisure travel directly with American Airlines, without the use of an intermediary, while still receiving the benefits of a corporate booking.... Read More
VIDEO: An investor on why everything is hot right now
News / Startups
VIDEO: An investor on why everything is hot right now
By Kevin May | November 19, 2021
Despite the sector being on its knees for the majority of the last two years, VCs are considering the industry as a market of opportunity as COVID-19 restrictions ease and consumers look to venture out once more.... Read More
AirAsia adds biometric facial recognition to super app services
News / Technology
AirAsia adds biometric facial recognition to super app services
By Kevin May | November 19, 2021
The biometric technology, known as Fast Airport Clearance Experience System (FACES), will be deployed initially for air travel and in the Philippines.... Read More
borrow-a-boat-crowdfunding
News / Startups
Borrow A Boat raises £1.1M through crowdfunding
By Mitra Sorrells | November 18, 2021
Launched in 2017, Borrow A Boat’s platform includes both peer-to-peer listings as well as boat rental through traditional charter companies.... Read More
ota-insight-80m
News / Online
OTA Insight raises $80M Series B funding for expansion
By Mitra Sorrells | November 18, 2021
The company currently serves more than 55,000 properties in 185 countries and says it will use the funding for product innovation and global expansion.... Read More
hopper-fintech-future-travel-2
News / Technology
VIDEO: Hopper on fintech and the huge opportunity in travel
By PhocusWire | November 18, 2021
During a session at the Phocuswright Conference 2021 this week, Hopper CEO Fred Lalonde discussed the size of the opportunity he sees in fintech.... Read More
Marriott joins IHG on Amadeus reservations platform
News / Technology
Marriott joins IHG on Amadeus reservations platform
By Linda Fox | November 18, 2021
Amadeus announced IHG as the launch partner for the technology in 2015 and hoped to bring on similar enterprise level companies to create a community platform in the ensuing years.... Read More
Prime subscription service boosts eDreams Odigeo in Q2 2021
News / Online
Prime subscription service boosts eDreams Odigeo in Q2 2021
By Jill Menze | November 18, 2021
The European online travel company says its subscription service, Prime, has expanded with more than half a million new subscribers.... Read More
Despegar narrows adjusted EBITDA loss in Q3 2021
News / Online
Despegar narrows adjusted EBITDA loss in Q3 2021
By Jill Menze | November 18, 2021
Despegar ended the third quarter of 2021 with an adjusted EBITDA loss of $10.3 million, its highest adjusted EBITDA figure since the pandemic-affected second quarter of 2020.... Read More
AllTrails raises $150M to expand outdoors trip app
News / Online
AllTrails raises $150M to expand outdoors trip app
By Kevin May | November 18, 2021
The investment from Permira is double the value of the U.S.-based company's previous round in 2018 and brings its total funding so far to $227 million.... Read More
revinate-acquires-gomoment
News / Online
Revinate acquires AI messaging solution Go Moment
By Mitra Sorrells | November 17, 2021
The combined company will be called Revinate and Go Moment CEO Raj Singh will become chief strategy officer.... Read More
VIDEO: SPACs and the future of travel investing
News / Startups
VIDEO: SPACs and the future of travel investing
By PhocusWire | November 17, 2021
During a session at the Phocuswright Conference 2021 this week, a session on SPACs put the spotlight on the benefits and pitfalls of using the mechanism to go public.... Read More
TravelBank acquired by U.S. Bancorp
News / Technology
TravelBank acquired by U.S. Bancorp
By Kevin May | November 17, 2021
U.S.-based TravelBank, a member of the PhocusWire Hot 25 Travel Startups for 2020 collection, is a travel and expenses management platform.... Read More
Google highlights travel trends that will shape travel in 2022
News / Online
Google highlights travel trends that will shape travel in 2022
By Jill Menze | November 16, 2021
According to the online search giant, travel will become more meaningful, inclusive and purposeful moving into 2022.... Read More
The Phocuswright Conference 2026