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.

Sabre revenues fall by 66% during COVID-hit 2020
News / Distribution
Sabre revenues fall by 66% during COVID-hit 2020
By Kevin May | February 16, 2021
The company says its metrics were negatively impacted by the onslaught of the coronavirus pandemic but a number of cost-cutting measures put in place during the year partially offset the impact.... Read More
Is hospitality ready to service the digitally savvy travel consumer?
Opinion / Technology
Is hospitality ready to service the digitally savvy travel consumer?
By Max Starkov - hospitality consultant and strategist | February 16, 2021
There is a clear deficit of proper hospitality industry education in digital technology and the latest technology innovations, trends and best practices.... Read More
FantasticStay attracts €1.3M investment, plans expansion and vacation rental tech development
News / Startups
FantasticStay attracts €1.3M investment, plans expansion and vacation rental tech development
By Linda Fox | February 16, 2021
Rental technology startup FantasticStay acquired rival Vreasy last year and plans expansion following its latest round of funding.... Read More
Record levels for rental bookings but current revenues way down
News / Online
Record levels for rental bookings but current revenues way down
By Kevin May | February 16, 2021
Bookings are largely following the trend of avoiding properties in large cities, AirDNA says, as travelers opt for coastal and mountain destinations for their trips.... Read More
U.K. regulator puts pressure on Lastminute.com Group over refunds
News / Online
U.K. regulator puts pressure on Lastminute.com Group over refunds
By Linda Fox | February 15, 2021
The online travel group has apologized to customers still awaiting a refund and has detailed an action plan to the U.K. regulator.... Read More
EasyJet boss talks sustainability, business travel and uncomfortable decisions
News / Distribution
EasyJet boss talks sustainability, business travel and uncomfortable decisions
By Linda Fox | February 15, 2021
EasyJet's boss, Johan Lundgren, points to previous crises as proof that demand will rebound.... Read More
Felyx secures €24M investment round, Europe expansion beckons for scooter service
News / Online
Felyx secures €24M investment round, Europe expansion beckons for scooter service
By Kevin May | February 15, 2021
The latest injection of capital brings the total raised by the four-year-old company to just over €28 million.... Read More
Sounding Off: Travel is done preserving - it's time to move on
Interview / Online
Sounding Off: Travel is done preserving - it's time to move on
By PhocusWire | February 12, 2021
Businesses do not (or at least should not) like luck being an important factor in how they operate. But it will probably end up playing a key role in how 2021 develops.... Read More
Luxury Escapes acquires Porter & Sail mobile concierge technology
News / Technology
Luxury Escapes acquires Porter & Sail mobile concierge technology
By Linda Fox | February 12, 2021
Caitlin Zaino, co-founder and CEO of Porter & Sail, joins Luxury Escapes as part of the acquisition of the mobile concierge technology.... Read More
pnp-digital-passport-panel
News / Technology
Health passport standards, interoperability critical for revival of international travel
By Mitra Sorrells | February 12, 2021
During a panel discussion hosted by Plug and Play, industry leaders stressed the need for fast solutions to spur travel this summer.... Read More
expedia-q4-2020-earnings
News / Online
Expedia Group pulls Vrbo from Google’s vacation rental metasearch product
By Mitra Sorrells | February 11, 2021
Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019.... Read More
BusUp accelerates away with $6M in funding
News / Startups
BusUp accelerates away with $6M in funding
By Linda Fox | February 11, 2021
BusUp is looking to expand in the U.S. and sees growing demand for commuter mobility services from corporates.... Read More
Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake
News / Startups
Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake
By Linda Fox | February 11, 2021
Lufthansa Group and Porsche are now minority stakeholders in the startup, with Porsche’s Forward31 venture arm acquiring a stake.... Read More
G Adventures gets financial backing from Certares
News / Online
G Adventures gets financial backing from Certares
By Kevin May | February 11, 2021
It is only the second time in the brand's history that it has disclosed external funding, although both occasions were via private equity agreements.... Read More
How I Got Here, episode 51 - Josh Wyatt of Generator Hostels
Interview / Online
How I Got Here, episode 51 - Josh Wyatt of Generator Hostels
By PhocusWire | February 11, 2021
Generator Hostels was a single-property hostel brand in London - but it was considered the perfect place to try out a new approach to the sector when Wyatt came onboard in 2007 with a pile of venture money.... Read More
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