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 revenue jumps 300% in Q2 2021
News / Online
Airbnb revenue jumps 300% in Q2 2021
By Jill Menze | August 12, 2021
The home-share giant was also profitable on an adjusted EBITDA basis for the second quarter of 2021.... Read More
HumanForest adds £2.3M in funding for London e-bike launch
News / Startups
HumanForest adds £2.3M in funding for London e-bike launch
By Linda Fox | August 12, 2021
HumanForest has raised £4.5M in total and is backed by Cabify founders.... Read More
emarketer-travel-ad-spend
News / Online
U.S. travel digital ad spending to remain pared down for years
By Mitra Sorrells | August 12, 2021
According to eMarketer, no other industry declined as fast or spent as little on digital ads in 2020.... Read More
perimeterx-magecart-op-ed
Opinion / Technology
The many ways Magecart can hack travel sites
By Avishai Shafir - PerimeterX | August 12, 2021
Magecart is taking off, but OTAs and travel sites can save themselves grief and major financial risk by acting in advance to ground this threat.  ... Read More
travel-search-optimism-expedia
News / Online
Growing search volume, longer search windows point to return of traveler optimism
By Jill Menze | August 12, 2021
According to Expedia Group’s Q2 2021 Travel Recovery Trend Report, monthly global search volumes grew more than 70% quarter-over-quarter.... Read More
Sonder reports strong quarter, ups revenue forecast
News / Startups
Sonder reports strong quarter, ups revenue forecast
By Linda Fox | August 11, 2021
Sonder says it will have more than 18,000 units in its portfolio by the end of 2021.... Read More
SendSquared raises $1M for guest communications platform
News / Startups
SendSquared raises $1M for guest communications platform
By Linda Fox | August 11, 2021
SendSquared will put the seed funding toward product development and expanding its sales, marketing and product teams.... Read More
belvera-sustainability-report
News / Online
B2B travel companies lagging on sustainability
By Mitra Sorrells | August 11, 2021
A study by Belvera Partners is based on an analysis of websites from 350 B2B travel companies.... Read More
HotelPlanner merges with Reservations.com, plans public listing via SPAC
News / Online
HotelPlanner merges with Reservations.com, plans public listing via SPAC
By Jill Menze | August 10, 2021
The two online travel companies plan to go public through the SPAC Astrea Acquisition Corp.... Read More
IHG reports $138M profit, plans luxury and lifestyle brand
News / Distribution
IHG reports $138M profit, plans luxury and lifestyle brand
By Linda Fox | August 10, 2021
IHG reports gradual improvement, especially in the U.S. and China with groups, meetings and events beginning to book.... Read More
Airlines continue startup investment despite industry woes
News / Startups
Airlines continue startup investment despite industry woes
By Linda Fox | August 10, 2021
Corporate appetite for travel startup investment is strong as IAG launches its sixth accelerator and JetBlue doubles down on its commitment to the model.... Read More
STARTUP STAGE: Buoy helps vacation rentals maximize revenue through data
Interview / Startups
STARTUP STAGE: Buoy helps vacation rentals maximize revenue through data
By Linda Fox | August 10, 2021
Buoy uses an in-house developed buoyancy point algorithm and dashboard enabling vacation rental owners and managers to make data-informed decisions on pricing.... Read More
wheel-the-world-2m-funding
News / Startups
Accessible travel OTA Wheel the World raises $2M
By Mitra Sorrells | August 10, 2021
Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide.... Read More
karshare-funding
News / Startups
European car-sharing platform Karshare raises £3M for expansion
By Mitra Sorrells | August 9, 2021
Karshare says its revenue has increased 45% month-to-month across Bristol, Manchester, Coventry and London since the start of this year and now it will expand to new cities in the U.K.... Read More
How Booking.com gained market share while we were in lockdown
Opinion / Online
How Booking.com gained market share while we were in lockdown
By Marta Romero - Mirai | August 9, 2021
Given the current situation, where many channels are still not appearing and we don’t know if they will be activated this season, Booking.com has become the basket where most of a hotel's distribution eggs are stored. ... Read More
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