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.

HalalBooking adds $2.5M to Series B round
News / Startups
HalalBooking adds $2.5M to Series B round
By Mitra Sorrells | August 8, 2023
HalalBooking said its July sales were a record at $10 million, up 45% compared with July 2022, and it expects to reach $75 million in sales this year and $600 million in four to five years.  ... Read More
Influencers are a new class of travel agents — but lack the right tools
Opinion / Online
Influencers are a new class of travel agents — but lack the right tools
By Betsy Mulé – F-Prime Capital | August 7, 2023
Influencers have become a new breed of travel agent, yet they need a way to monetize their efforts, and travelers need the details to recreate their favorite influencers’ experiences for themselves.... Read More
As rentals mature, so do the services surrounding them
News / Startups
As rentals mature, so do the services surrounding them
By Linda Fox | August 7, 2023
Safely, a company providing insurance solutions, and Sustonica, a startup seeking to provide properties with an environmental sustainability certificate, are two players helping to professionalize short-term rentals.... Read More
18 startups to compete in Global Startup Pitch semifinals
News / Startups
18 startups to compete in Global Startup Pitch semifinals
By PhocusWire | August 7, 2023
The semifinals of the Global Startup Pitch, organized by WiT and Phocuswright, will be held on August 24 with a total of 18 startups, including three in a new "Wildcard 2" category.... Read More
AI Insights: Generative AI to develop a white-label travel assistant
News / Technology
AI Insights: Generative AI to develop a white-label travel assistant
By PhocusWire | August 7, 2023
Live the World's CEO Joris Vanherp answers our questions about how the startup is using generative AI.... Read More
Airbnb accelerates supply growth, looks to expand beyond core service
News / Online
Airbnb accelerates supply growth, looks to expand beyond core service
By Mitra Sorrells | August 3, 2023
Airbnb saw its revenue reach $2.5 billion in the second quarter of this year - with more than 115 million nights and experiences booked on the platform.... Read More
Booking’s Fogel sees signs of “record summer travel season”
News / Online
Booking’s Fogel sees signs of “record summer travel season”
By Derek Catron | August 3, 2023
Booking Holdings enjoyed record gross travel bookings in Q2, but CEO Glenn Fogel sees even better things coming based on July figures.  ... Read More
Expedia Group sees cause for optimism in record Q2 earnings
News / Online
Expedia Group sees cause for optimism in record Q2 earnings
By Derek Catron | August 3, 2023
While revenues slowed and fell below analysts’ estimates, CEO Peter Kern saw promise in Expedia Group’s plans for the rest of the year.  ... Read More
EaseMyTrip expands through three acquisitions in India
News / Online
EaseMyTrip expands through three acquisitions in India
By Linda Fox | August 3, 2023
The acquisitions, which will be paid for by equity shares, are Guideline Travels Holidays, TripShope Travel Technologies and Dook Travels and are part of EaseMyTrip's growth strategy.... Read More
AI Insights: Generative AI for multimodal travel
News / Technology
AI Insights: Generative AI for multimodal travel
By PhocusWire | August 3, 2023
Omio’s chief technology officer Tomas Vocetka answers our questions about how the company is working with generative artificial intelligence technology.... Read More
Sabre notes "momentum" across the business
News / Distribution
Sabre notes "momentum" across the business
By Linda Fox | August 3, 2023
An improvement in profit driven by travel bookings was partially offset by increased incentive costs, hospitality transaction costs and expenses related to the head count reduction.... Read More
Citizens partners with Wyndham on vacation club pay plan
News / Online
Citizens partners with Wyndham on vacation club pay plan
By Derek Catron | August 3, 2023
Citizens Pay allows Wyndham Destinations vacation club members to cover down payment costs with fixed monthly payments.... Read More
Viator accounted for nearly half of Tripadvisor’s revenue in Q2
News / Online
Viator accounted for nearly half of Tripadvisor’s revenue in Q2
By Mitra Sorrells | August 2, 2023
Viator's revenue was up 59% in Q2 this year compared with 2022 and is now nearly on par with revenue from the Tripadvisor Core segment, which includes its flagship metasearch.... Read More
Trivago second quarter revenue dips
News / Online
Trivago second quarter revenue dips
By Linda Fox | August 2, 2023
Referral revenue decreased from €141 million to almost €123 million while return on advertising spend was 145% versus 166%.... Read More
Building a pipeline for gender diversity in travel
News / Online
Building a pipeline for gender diversity in travel
By Derek Catron | August 2, 2023
Companies like TravelPerk and Mews are going the extra mile to secure more gender diversity in travel tech – to the benefit of the businesses and the new hires.  ... Read More
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