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.

How-i-got-here-avi-brosh-palisociety
Interview / Online
How I Got Here, episode 54 - Avi Brosh of Palisociety
By PhocusWire | March 4, 2021
Avi Brosh's move into the hotel sector from real estate was not driven by a desire to create identikit properties at either the budget or upmarket end of the sector, as he tells Mozio's David Litwak and Kevin May of PhocusWire.... Read More
Why virtual tours and activities will stick around after the pandemic
News / Online
Why virtual tours and activities will stick around after the pandemic
By Mitra Sorrells | March 4, 2021
Companies providing online tours and activities - including Amazon - say they plan to keep virtual experiences around even after the pandemic ends.... Read More
TravelTech Show scheduled for September global marathon
News / Technology
TravelTech Show scheduled for September global marathon
By PhocusWire | March 4, 2021
The organizers believe that by this time the industry will be well on the road to recovery and the community will be ready to come together to share ideas and explore new ways of working towards recovery and expansion.... Read More
Trip.com Group sees out 2020 with revenues halved, domestic leading recovery
News / Online
Trip.com Group sees out 2020 with revenues halved, domestic leading recovery
By Kevin May | March 4, 2021
The company says the fourth quarter of 2020, when revenues were down 40% on 2019, reflected a narrowing of the declines from a pandemic-hit year as domestic travel continued its strong recovery.... Read More
Harvest Hosts raises $37M to expand its RV membership program
News / Online
Harvest Hosts raises $37M to expand its RV membership program
By Jill Menze | March 3, 2021
Harvest Hosts lets travelers with RVs park at attractions such as wineries, farms and museums for unique overnight stays.... Read More
Sitecore acquires travel personalization platform Boxever
News / Technology
Sitecore acquires travel personalization platform Boxever
By Kevin May | March 3, 2021
Boxever was created in 2011 and built a digital optimization platform to use a brand's user data and combine it with artificial intelligence techniques to provide customer up-sell and cross-sell opportunities.... Read More
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
News / Online
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
By Linda Fox | March 3, 2021
Traveloka says it is still considering listing in Indonesia but the U.S. provides global opportunities.... Read More
Hertz devises restructuring plan after private equity injection
News / Distribution
Hertz devises restructuring plan after private equity injection
By Linda Fox | March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2 billion.... Read More
VIDEO: Bringing governments, destinations, industry and science together safely
News / Online
VIDEO: Bringing governments, destinations, industry and science together safely
By PhocusWire | March 3, 2021
PhocusWire spoke to WTTC's president and CEO, Gloria Guevara, to understand the efforts the council is making to bring its stakeholders together for a coordinated response to the pandemic.... Read More
What the recent TripActions investment means for the rest of us in business travel
Opinion / Technology
What the recent TripActions investment means for the rest of us in business travel
By Jeff Berk - Tripkicks | March 3, 2021
Even if business travel doesn't return to 2019 figures, investors know it will come back – and it will be different.... Read More
Short-term rental bookings boom in the U.K. after roadmap announcement
News / Online
Short-term rental bookings boom in the U.K. after roadmap announcement
By Jill Menze | March 3, 2021
Following Boris Johnson's announcement that the U.K. would ease lockdown plans, short-term rental bookings jumped 88% over the week prior.... Read More
expedia-sells-classic-vacations
News / Online
Expedia Group sells Classic Vacations packaging brand
By Jeri Clausing - Travel Weekly | March 2, 2021
Classic will operate as a standalone company, with president David Hu and his leadership team remaining in place; and its headquarters will stay in San Jose.... Read More
Sustainability must be a priority for business travel in 2021
Opinion / Distribution
Sustainability must be a priority for business travel in 2021
By Avi Meir - TravelPerk | March 2, 2021
Momentum built for thinking about a more sustainable level of corporate travel in the years leading up to 2020 must not stall in 2021.... Read More
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
News / Online
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
By Kevin May | March 2, 2021
The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually slowing increases in prior years.... Read More
STARTUP STAGE: Odyssey Travel App wants to democratize access to luxury travel
Interview / Startups
STARTUP STAGE: Odyssey Travel App wants to democratize access to luxury travel
By Jill Menze | March 2, 2021
Odyssey Travel App is a premium travel platform that aims to democratize access to luxury hotels, car rental and other travel services directly from the provider to the user.... Read More
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