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.

Myanmar OTA grabs attention of World Bank Group investment arm
News / Distribution
Myanmar OTA grabs attention of World Bank Group investment arm
By Martin Cowen | May 17, 2016
International Finance Corporation, a member of the World Bank Group, is considering an investment in Oway Group, owner of an OTA and a ride-hailing app in Myanmar. It has released a "Summary of Inv... Read More
TrekkSoft acquires booking software provider Myobis
News / Distribution
TrekkSoft acquires booking software provider Myobis
By Kevin May | May 17, 2016
Myobis, a German software specialist for the tourism and events sector, was snapped up this week by tours and activities reservation platform Trekksoft. Terms of the acquisition were not disclosed.... Read More
European independent hotels - tech adoption, distribution issues, and being different from US
News / Distribution
European independent hotels - tech adoption, distribution issues, and being different from US
By Kevin May | May 17, 2016
Commission fees and a fear of relying too much on online travel agencies are two of the major issues that are troubling independent hotels in Europe. Those are some the findings from a major study... Read More
Stayzilla belatedly confirms another $13 million
News / Distribution
Stayzilla belatedly confirms another $13 million
By Martin Cowen | May 16, 2016
Indian homestay platform Stayzilla has raised $13 million in funding over the past five months from existing investors Matrix Partners India and Nexus. The retrospective announcement came via a fil... Read More
Innovation, startups, and the travel industry mainstream
News
Innovation, startups, and the travel industry mainstream
By Viewpoints | May 16, 2016
Innovation has become such a common buzz word it may actually be losing some of its meaning. NB: This is a guest viewpoint by Norm Rose, president of Travel Tech Consulting. Despite this fact, t... Read More
TravelClick's CEO has focused on growth, after ownership change
News
TravelClick's CEO has focused on growth, after ownership change
By Juliana Shallcross | May 16, 2016
Since being acquired by private equity firm Thoma Bravo for $930 million in early 2014, TravelClick, a New York-based provider of B2B distribution and marketing services for hotels, says its mission h... Read More
Five demands group planners have from their hotel tech providers
From Our Partners / Distribution
Five demands group planners have from their hotel tech providers
By Sponsored Content | May 16, 2016
Around $60 billion a year is generated through group bookings for the US hotel market alone and, increasingly, specialised tech is playing an important role in capturing this business. NB This is a... Read More
WorldHotels content with ArrivalGuides, Lufthansa plugs and plays, and more...
News / Distribution
WorldHotels content with ArrivalGuides, Lufthansa plugs and plays, and more...
By PhocusWire | May 16, 2016
This is a roundup of product news and announcements for travel MARKETING in tourism and hospitality for May 2016. Monday 16 May 2016: WorldHotels content with ArrivalGuides The hotel portal... Read More
Egencia says no demand for alternative accommodation, retiring Orbitz For Business
News / Distribution
Egencia says no demand for alternative accommodation, retiring Orbitz For Business
By Kevin May | May 16, 2016
Egencia has not provided rentals and other types of alternative accommodation, as there has yet to be a significant call for it from business travellers. The Expedia Inc-owned corporate travel agen... Read More
Apple pumps $1 billion into China's Didi
News / Technology
Apple pumps $1 billion into China's Didi
By Martin Cowen | May 13, 2016
The mobile-enabled global transportation industry has a new entrant - Apple. Didi Chuxing (formerly Didi Kuaidi) has confirmed a $1 billion investment from Apple as part of its latest funding round... Read More
Why the hotel of the future looks just like home
News / Distribution
Why the hotel of the future looks just like home
By Viewpoints | May 13, 2016
More than ever before, the line between “hotel” and “home” is becoming blurred: few in the industry would still deny that today’s traveler wants lodging to feel more localized, personalized and authen... Read More
TripAdvisor concedes Trip Friends didn't work out as planned
News / Online
TripAdvisor concedes Trip Friends didn't work out as planned
By Kevin May | May 12, 2016
It seemed such an obvious idea at the time - connect the world's largest social network to the world's most visited travel website. This was how many considered the decision by TripAdvisor in June... Read More
Lola, a chat-based travel app for the post-OTA era, debuts: A CEO interview [AUDIO]
Interview / Technology
Lola, a chat-based travel app for the post-OTA era, debuts: A CEO interview [AUDIO]
By Sean O'Neil | May 12, 2016
Lola is a bit of a tease. The next-generation travel booking app debuted in the US Apple App Store today, after a half-year of buzz from the Boston-based behind it, which was founded by former top... Read More
Online will be most popular travel booking channel in Europe by 2017
News / Distribution
Online will be most popular travel booking channel in Europe by 2017
By Kevin May | May 12, 2016
It is often easy (maybe even convenient) to forget that the majority of travel bookings are still made offline and not via the internet. But within 18 months, Europe will be the first region on the... Read More
Expedia's view: Publicly available loyalty rates may be bad for hotel owners
From Our Partners / Distribution
Expedia's view: Publicly available loyalty rates may be bad for hotel owners
By Sponsored Content | May 12, 2016
Last week's #ExpediaMarketplace Tweet chat covered a number of relevant industry topics, such as how hotel visibility works in the marketplace and how the new Accelerator tool comes into play. NB T... Read More
The Phocuswright Conference 2026