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.

InDrive secures additional $150M from General Catalyst to accelerate growth
News / Startups
InDrive secures additional $150M from General Catalyst to accelerate growth
By Mitra Sorrells | March 18, 2024
Ride-hailing company inDrive operates in 46 countries and uses a bid-based business model whereby riders input pickup and drop-off locations and propose a price and drivers can either accept or counter-offer.... Read More
STARTUP STAGE: Explorely wants to be “Kayak for outdoor travel”
Interview / Startups
STARTUP STAGE: Explorely wants to be “Kayak for outdoor travel”
By Mitra Sorrells | March 18, 2024
Explorely is a platform to help travelers find and book campsites and vehicles such as campervans, trailers and motorhomes around North America, with plans to expand into Europe.... Read More
Funding for STR startups cooling but more resilient than other verticals
News / Startups
Funding for STR startups cooling but more resilient than other verticals
By Phocuswright Research | March 18, 2024
While there are typically multiple $100 million-dollar-plus funding rounds that occur in the short-term rental space in a given year, 2023 only featured one.... Read More
CEO Spotlight - Sam Gilliland of Accelya
Interview / Technology
CEO Spotlight - Sam Gilliland of Accelya
By Linda Fox | March 18, 2024
Gilliland spent more than 20 years at Sabre, starting as a software engineer and ending up as CEO, a position he held for 10 years until he left in 2013. He spent some time in private equity before moving into the fintech arena, where he came into contact with Accelya-owner Vista Equity partner... Read More
Despegar shares AI trip planner details, reports record quarter
News / Technology
Despegar shares AI trip planner details, reports record quarter
By Linda Fox | March 15, 2024
During its Q4 and full-year 2023 results, the company said it had achieved its highest gross bookings since its IPO in 2017 and shared further details of its AI trip assistant Sofia.... Read More
New iSeatz report finds challenges for travel in membership group loyalty programs
News / Online
New iSeatz report finds challenges for travel in membership group loyalty programs
By D.J. Catron | March 15, 2024
While most membership organizations offer travel perks in their loyalty programs, few members use the service when booking travel, the report found.  ... Read More
Gemini, Google Travel and the threat to OTAs
Opinion / Online
Gemini, Google Travel and the threat to OTAs
By Christian Watts - Magpie | March 15, 2024
Google Gemini, combined with Google Travel, could completely change the way consumers do their searching and planning for trips.... Read More
Travel companies expect "moderate to aggressive" tech investment increase in 2024
News / Technology
Travel companies expect "moderate to aggressive" tech investment increase in 2024
By Linda Fox | March 14, 2024
New research identified machine learning, data analytics and digital payments as the tecnology priorities for travel companies this year.... Read More
Voi raises $25M to scale e-scooter and e-bike fleet
News / Startups
Voi raises $25M to scale e-scooter and e-bike fleet
By Morgan Hines | March 14, 2024
As the world of micro-mobility sees consolidation, Voi has raised an additional $25 million in funding.... Read More
What a U.S.TikTok ban could mean for travel industry
News / Online
What a U.S.TikTok ban could mean for travel industry
By D.J. Catron | March 14, 2024
While the legislation faces an uncertain future in the U.S. Senate and likely legal challenges if it becomes law, a ban could have far-reaching ramifications for travel companies.... Read More
Spotnana adds travel management for meetings and events
News / Technology
Spotnana adds travel management for meetings and events
By Mitra Sorrells | March 13, 2024
Spotnana Events is a self-service solution employees can use to book and manage their travel for meetings and events.... Read More
Online travel giants set new record for marketing spend in ‘23
News / Online
Online travel giants set new record for marketing spend in ‘23
By Mitra Sorrells | March 13, 2024
Expedia Group, Booking Holdings, Airbnb and Trip.com Group collectively spent $16.8 billion on sales and marketing in 2023 as they compete with one another and with suppliers enticing travelers to book direct.      ... Read More
Chilean-based tech provider Airnguru raises $1M
News / Technology
Chilean-based tech provider Airnguru raises $1M
By D.J. Catron | March 12, 2024
The Chile-based company said the pre-Series A funding will be used to add new products and to onboard more airline clients to use its pricing solutions.... Read More
Experts: Why Tripadvisor Plus didn’t pan out
News / Online
Experts: Why Tripadvisor Plus didn’t pan out
By Jamie Biesiada – Travel Weekly | March 12, 2024
Analysts say the shutdown of the struggling service may be part of an attempt to streamline Tripadvisor after its parent company said last month that it was exploring a potential sale.... Read More
Way launches new tools to help hotels offer experiences
News / Technology
Way launches new tools to help hotels offer experiences
By D.J. Catron | March 12, 2024
The technology company’s new products allow hotels to manage and sell experiences without the need for third-party technologies that take customers off the hotel's website.  ... Read More
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