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.

Airbnb apologizes, will pay fine for misleading Australian customers
News / Online
Airbnb apologizes, will pay fine for misleading Australian customers
By Mitra Sorrells | December 20, 2023
Airbnb has agreed to pay a fine and to compensate up to 63,000 customers who were unaware the bookings they made were being charged in U.S. rather than Australian dollars.  ... Read More
E-scooter company Bird files for Chapter 11 bankruptcy
News / Startups
E-scooter company Bird files for Chapter 11 bankruptcy
By Linda Fox | December 20, 2023
Choppy water for e-scooter and e-bike companies as Bird files for bankruptcy and Micromobility is delisted.... Read More
Wall Street analysts share views on travel future and AI
News / Technology
Wall Street analysts share views on travel future and AI
By Derek Catron | December 20, 2023
Analysts from TD Cowen, B. Riley Securities, Evercore and BTIG share insights on travel’s future and the role of AI during a panel discussion at The Phocuswright Conference.  ... Read More
Tracking travel startup investment trends in 2023
News / Startups
Tracking travel startup investment trends in 2023
By Linda Fox | December 20, 2023
Many startups weathered 2023 and demonstrated if not actual profit, then at least a path to profitability, which helped them attract funding.  ... Read More
TBO acquires distribution platform Jumbonline for €25M
News / Distribution
TBO acquires distribution platform Jumbonline for €25M
By Mitra Sorrells | December 19, 2023
Jumbonline distributes a range of products for wholesalers and tour operators through an API solution that gives access to more than 120,000 hotels across Europe, the Caribbean and North Africa.... Read More
Were travel experts right with their 2023 predictions?
News / Technology
Were travel experts right with their 2023 predictions?
By PhocusWire | December 19, 2023
Every year we ask industry executives and pundits to forecast what might happen across travel technology and distribution in the months to come. Here we look back on what was predicted for 2023 and what came true.... Read More
4 trends point to positive outlook for major European markets
News / Online
4 trends point to positive outlook for major European markets
By Phocuswright Research | December 19, 2023
Consumers in the U.K., France, Germany, Italy and Spain consistently rank travel as their highest-priority discretionary spending area. However, there are key differences in travel behavior across these markets.    ... Read More
Travel’s movers, shakers and newsmakers of 2023
News / Online
Travel’s movers, shakers and newsmakers of 2023
By PhocusWire | December 19, 2023
These are some of the people PhocusWire has identified as playing key roles in the past year — and figure to be among those to watch in the year to come.  ... Read More
HomeToGo announces largest majority stake acquisition to date
News / Online
HomeToGo announces largest majority stake acquisition to date
By Linda Fox | December 18, 2023
HomeToGo announces it has acquired a majority stake in KMW Reisen GmbH and Super Urlaub GmbH in an effort to bolster its marketplace with themed travel package options.... Read More
Three ways generative AI is improving the travel industry
News / Technology
Three ways generative AI is improving the travel industry
By Morgan Hines | December 18, 2023
In a wide-ranging conversation at The Phocuswright Conference, leaders from Microsoft, Priceline and Amadeus discussed opportunities generative AI presents to the travel industry and how it's changing the industry already.... Read More
Smartpricing secures €13M to expand team, launch new products
News / Startups
Smartpricing secures €13M to expand team, launch new products
By Linda Fox | December 15, 2023
Smartpricing uses its proprietary algorithm to process data on market, price as well as hotel historic data to help hoteliers increase turnover.... Read More
Young travel leaders build connections at The Phocuswright Conference
News / Startups
Young travel leaders build connections at The Phocuswright Conference
By PhocusWire | December 15, 2023
Aurélie Krau of #MissionNomad and Evan Konwiser of AmEx GBT joined Vanessa Karel of Greether to discuss the program in the PhocusWire studio.  ... Read More
The most popular news stories on PhocusWire in 2023
News / Technology
The most popular news stories on PhocusWire in 2023
By PhocusWire | December 15, 2023
ChatGPT, the Hot 25 Travel Startups and news about major players like Expedia Group and Airbnb dominated the rankings.  ... Read More
Encore's "accidental" journey to becoming a tech-forward TMC
News / Technology
Encore's "accidental" journey to becoming a tech-forward TMC
By Michael B. Baker - BTN | December 14, 2023
As a platform, Encore director of commercial strategy Jake Jonassohn compared its travel platform, Zii, to an "octopus" with everything built as microservices, such as the booking tool or duty-of-care platform.... Read More
Short-term rental companies Veeve, UnderTheDoormat Group merge
News / Online
Short-term rental companies Veeve, UnderTheDoormat Group merge
By Morgan Hines | December 14, 2023
As a combined entity, the group will serve as a full-service manager of “premium urban short lets” in Paris and London.... Read More