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.

Sonder writes new chapter with Marriott licensing deal, new funding
News / Distribution
Sonder writes new chapter with Marriott licensing deal, new funding
By Linda Fox | August 19, 2024
Sonder, which has faced challenges recently including a delisting from the Nasdaq and job cuts, will have access to $146 million to drive growth as well as help with the integration of its properties into the Marriott system.... Read More
Experience industry leaders still see room to grow in changing landscape
News / Online
Experience industry leaders still see room to grow in changing landscape
By D.J. Catron | August 19, 2024
At Phocuswright Europe, leaders from Viator, Tiquets and TourRadar spoke about how travel experiences could continue thriving even as Google and others play bigger roles in the sector.  ... Read More
The top 15 global travel markets: North America, APAC and Western Europe lead the way
News / Online
The top 15 global travel markets: North America, APAC and Western Europe lead the way
By Phocuswright Research | August 19, 2024
The global travel industry is back on track, surging by 24% in 2023 to hit $1.5 trillion, with the top 15 markets closely resembling those at the top of the list in 2019.... Read More
Wizz Air’s marketing gimmick shows need for more regulation of aviation emissions
Opinion / Distribution
Wizz Air’s marketing gimmick shows need for more regulation of aviation emissions
By Justin Francis - Responsible Travel | August 19, 2024
Responsible Travel's chairman Justin Francis discusses how marketing ploys designed to entice already frequent flyers to fly are irresponsible in light of climate challenges.... Read More
Blackstone acquires hotel accounting tech specialist M3
News / Technology
Blackstone acquires hotel accounting tech specialist M3
By Linda Fox | August 16, 2024
M3, which was founded in 1998, provides a back-office accounting software platform as well as labor management and business intelligence tech to more than 8,000 properties in North America.... Read More
Despegar sells destination management company, boosts AI agent
News / Online
Despegar sells destination management company, boosts AI agent
By Linda Fox | August 16, 2024
Despegar has made a number of updates to its AI agent Sofia and has further plans to integrate the technology into its B2B platforms.... Read More
PhocusWire's weekly travel tech news briefs: Holibob, RedAwning, Cloudbeds, AirDNA and more
News / Online
PhocusWire's weekly travel tech news briefs: Holibob, RedAwning, Cloudbeds, AirDNA and more
By PhocusWire | August 16, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup.... Read More
The role of DMOs in helping their partners effectively use AI
News / Technology
The role of DMOs in helping their partners effectively use AI
By Morgan Hines | August 16, 2024
As travelers begin to use AI search engines and agents for trip planning, should DMOs play a role in helping their suppliers understand how to use the technology to drive revenue?  ... Read More
Grab revenue up 17% YoY, focused on AI for future growth
News / Online
Grab revenue up 17% YoY, focused on AI for future growth
By Mitra Sorrells | August 15, 2024
In the company's Q2 earnings report, CEO Anthony Tan shared examples of how it is using AI and specifically generative AI to drive growth.... Read More
Meet the 10 winners of the 2024 Phocuswright/WiT Global Startup Pitch
News / Startups
Meet the 10 winners of the 2024 Phocuswright/WiT Global Startup Pitch
By PhocusWire | August 15, 2024
The next round of the competition will take place at WiT Singapore, October 14-16, where the audience will select the People's Choice winners in the Seedup and Scaleup cateogories.... Read More
Latin America super app Rappi on using its travel products to drive loyalty
News / Online
Latin America super app Rappi on using its travel products to drive loyalty
By Mitra Sorrells | August 15, 2024
 About a year after Rappi partnered with Marriott in Mexico, the integration has extended to the super app’s users in Colombia, Chile, Peru, Brazil, Argentina and Uruguay.   ... Read More
Earnings roundup: TUI Group, TBO Tek, Yatra, Mondee
News / Online
Earnings roundup: TUI Group, TBO Tek, Yatra, Mondee
By Mitra Sorrells | August 15, 2024
As publicly traded travel companies continue to report their earnings quarter that ended June 30, we round up the latest reports.... Read More
Short-term rentals feeling pinch of overtourism backlash
News / Online
Short-term rentals feeling pinch of overtourism backlash
By D.J. Catron | August 15, 2024
While strict new regulations in New York, Barcelona and others pose threats, the STR industry sees hope in more balanced approaches in Valencia and the European Union.  ... Read More
Keeping the "Human in the Loop" in travel
Opinion / Online
Keeping the "Human in the Loop" in travel
By Klaus Kohlmayr - IDeaS | August 14, 2024
Chief evangelist and development officer at IDeaS, Klaus Kohlmayr, shares his thoughts on AI and its impact on humans.... Read More
India-based all-electric Fresh Bus raises $10.5M for expansion
News / Startups
India-based all-electric Fresh Bus raises $10.5M for expansion
By Mitra Sorrells | August 13, 2024
Founded in 2023, Fresh Bus operates on intercity routes in India along with a digital-first customer experience that offers real-time bus tracking and a loyalty program.... Read More
The Phocuswright Conference 2026