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.

Limehome welcomes €21M in funding to grow apart-hotel concept
News / Technology
Limehome welcomes €21M in funding to grow apart-hotel concept
By Steven Lerner | March 2, 2020
Alternative accommodations provider Limehome has raised €21 million, bringing its total funding to date to €26 million.... Read More
COVID-19 and the global hotel industry: A roadmap to recovery, part 1
Opinion / Distribution
COVID-19 and the global hotel industry: A roadmap to recovery, part 1
By Yuki Hu, Eva Liu & George Yu - IDeaS | March 2, 2020
Amid the COVID-19 coronavirus outbreak, here are actionable steps for hotels to take now to proactively begin the road to recovery:... Read More
2019 earnings amadeus
News / Distribution
Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020
By Steven Lerner | February 28, 2020
Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS industry.... Read More
sounding off travel subscription
Interview / Online
Sounding Off: Do consumers want a travel subscription? Maybe…
By PhocusWire | February 28, 2020
As much as it’s touted that younger generations want something new out of loyalty rewards, travel brands should get a clear picture on what that means before asking travelers to agree to monthly buy-in.... Read More
Viselio funding
News / Technology
Swiss startup Viselio lands €2.8M in funding for expansion, software development
By Steven Lerner | February 28, 2020
Automated visa service provider Viselio has raised 3 million Swiss francs (about €2.8 million) to expand into new markets.  ... Read More
Jubel act II
Interview / Startups
STARTUP STAGE - ACT II: Jubel reveals its recent challenges and success with hiring
By Steven Lerner | February 28, 2020
Trip-planning platform Jubel discusses its progress and challenges over the past year.... Read More
blockchain-loyalty
News / Technology
How blockchain is reinventing travel loyalty programs for both brands and consumers
By Mitra Sorrells | February 28, 2020
Companies such as Loyyal, Qiibee and Kornchain are accelerating development of blockchain solutions for loyalty and rewards, and executives say they expect widespread adoption in the next five to 10 years.... Read More
Flight Centre draws from SARS experience to plan for coronavirus impact
News / Online
Flight Centre draws from SARS experience to plan for coronavirus impact
By Steven Lerner | February 27, 2020
Flight Centre anticipates a decline in its full-year profits before tax projection due to the outbreak of the COVID-19 coronavirus.... Read More
eDreams Odigeo anticipates financial disruption from coronavirus slowdown
News / Online
eDreams Odigeo anticipates financial disruption from coronavirus slowdown
By Steven Lerner | February 27, 2020
Despite posting positive metrics for the first nine months of fiscal year 2020, eDreams Odigeo is raising the alarm over the rise of the COVID-19 coronavirus.  ... Read More
Q&A: Collinson's Phil Seward on co-brand cards, travel subscriptions and empowering consumers
News / Online
Q&A: Collinson's Phil Seward on co-brand cards, travel subscriptions and empowering consumers
By Jill Menze | February 27, 2020
Phil Seward, senior vice president of loyalty strategy, Americas, at Collinson, explains the evolution of the co-branded credit card, if subscription models in travel are viable and how brands can put the power back in the hands of consumers.... Read More
lonely-planet-content-licensing
News / Online
Lonely Planet launches API access to content on more than 8,000 destinations
By Mitra Sorrells | February 27, 2020
Lonely Planet Content Licensing is a new API-based content access product for destinations and travel brands.... Read More
How I Got Here, episode 26 - Ariane Gorin of Expedia Group
Interview / Online
How I Got Here, episode 26 - Ariane Gorin of Expedia Group
By PhocusWire | February 27, 2020
Mozio's David Litwak and Kevin May from PhocusWire are speak with Ariane Gorin, president of Expedia Business Services, about her time at the travel giant and earlier career at Microsoft.... Read More
Booking Holdings reports positive 2019, braces for coronavirus impact
News / Online
Booking Holdings reports positive 2019, braces for coronavirus impact
By Steven Lerner | February 26, 2020
Booking Holdings is expecting a “significant and negative impact” for the first quarter of 2020 due to the COVID-19 coronavirus.  ... Read More
Sabre to invest $150M in technology as operating income drops 35% for full-year 2019
News / Distribution
Sabre to invest $150M in technology as operating income drops 35% for full-year 2019
By Steven Lerner | February 26, 2020
 To reverse its disappointing financial results, Sabre outlined a strategic priorities plan, which includes an incremental spend of $150 million on technology in 2020.  ... Read More
expedia-group-layoffs
News / Online
Expedia cuts about 3,000 jobs
By Jamie Biesiada - Travel Weekly | February 26, 2020
Expedia Group is laying off about 12% of its workforce and streamlining operations.... Read More