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.

Amadeus shares optimistic outlook, reports positive earnings
News / Online
Amadeus shares optimistic outlook, reports positive earnings
By Morgan Hines | November 7, 2023
Amadeus’ total revenue was up more than 14% in the quarter, with the biggest jump coming from its air distribution and air IT solutions segments.... Read More
Tripadvisor Q3 revenue up across all segments, most sharply for Viator
News / Online
Tripadvisor Q3 revenue up across all segments, most sharply for Viator
By Mitra Sorrells | November 6, 2023
Tripadvisor's total revenue in the third quarter of this year was $533 million, up 16% year over year, with nearly half of that revenue coming from Viator.... Read More
Google Maps: A new direct channel for tour operators and activities
Opinion / Online
Google Maps: A new direct channel for tour operators and activities
By Brennen Bliss – Propellic | November 6, 2023
Google Maps has been evolving to serve travelers and travel brands over the past few years, and its newest major update could lead to increased direct bookings for tour operators and activities.... Read More
Hospitality companies need to improve front-line workplace for women, report says
News / Online
Hospitality companies need to improve front-line workplace for women, report says
By Morgan Hines | November 6, 2023
A focus on physical health, flexible scheduling and clear growth opportunities are some of the strategies recommended to support front-line workers who are women.... Read More
Where are they now? Checking in with PhocusWire’s Hot 25 Travel Startups for 2023
News / Startups
Where are they now? Checking in with PhocusWire’s Hot 25 Travel Startups for 2023
By Morgan Hines | November 6, 2023
Twenty of our Hot 25 Travel Startups for 2023 let us know how they’re doing nearly a year after they were named to our list.... Read More
Expedia ad concerns in search results raised in antitrust suit
News / Online
Expedia ad concerns in search results raised in antitrust suit
By Linda Fox | November 3, 2023
Comments from Expedia Group chair Barry Diller have surfaced during the Google antitrust trial.... Read More
Expedia’s Kern: Focus is now on faster growth fueled by years of tech work
News / Online
Expedia’s Kern: Focus is now on faster growth fueled by years of tech work
By Mitra Sorrells | November 2, 2023
Expedia Group posted record revenue and profitability in the third quarter of this year and reiterated full year guidance of double-digit topline growth with margin expansion.  ... Read More
Booking Holdings posts record earnings, expects to grow AI, flight offerings
News / Online
Booking Holdings posts record earnings, expects to grow AI, flight offerings
By Morgan Hines | November 2, 2023
Booking Holdings’ total revenue came in at $7.3 billion, showing a 21% increase over the same quarter last year, and adjusted EBITDA clocked at $3.3 billion - a 24% increase from the same quarter of 2022.... Read More
Sabre reports revenue gains in Q3 but losses increase
News / Distribution
Sabre reports revenue gains in Q3 but losses increase
By Linda Fox | November 2, 2023
Sabre president and CEO Kurt Ekert said the financial results exceeded expectations.... Read More
Trivago Q3 hit by less favorable market conditions
News / Online
Trivago Q3 hit by less favorable market conditions
By Linda Fox | November 2, 2023
The company reported a €26 million decrease to total revenue of €158 million for the quarter versus the same period in 2022.... Read More
Superhog raises nearly $6.7M in Series A funding
News / Online
Superhog raises nearly $6.7M in Series A funding
By Morgan Hines | November 2, 2023
Superhog has received $6.7 million in funding as it seeks to revolutionize security around short-term rentals.... Read More
Airbnb's Chesky envisions turning app into "ultimate travel agent"
News / Online
Airbnb's Chesky envisions turning app into "ultimate travel agent"
By Derek Catron | November 1, 2023
Airbnb CEO Brian Chesky covers AI’s potential, short-term rental regulations, a threat from Google – and why he thinks Airbnb has nowhere to go but up.  ... Read More
The positive and negative impacts of travel on destinations
News / Online
The positive and negative impacts of travel on destinations
By Linda Fox | November 1, 2023
A report from Economist Impact and Booking.com assesses the social, environmental and economic impact of visitors on destinations. ... Read More
Thailand OTA Traveligo gets $25M, rebrands to Gother
News / Online
Thailand OTA Traveligo gets $25M, rebrands to Gother
By Yeoh Siew Hoon - WiT | November 1, 2023
As part of its rebranding and expansion, Traveligo will partner with TakeMeTour, an online marketplace for tours and activities in Thailand.... Read More
AirAsia holding company seeks U.S. listing for Capital A International
News / Online
AirAsia holding company seeks U.S. listing for Capital A International
By Linda Fox | November 1, 2023
The business combination would see Capital A International, a new investment and strategic development company, become a stand-alone public company in the United States.... Read More
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