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.

Phocuswright Europe 2023: Innovative travel products from around the globe
News / Online
Phocuswright Europe 2023: Innovative travel products from around the globe
By PhocusWire | May 18, 2023
Hear from leaders from Expedia Group, Fliggy, HometoGo and Wego about innovative products that are driving the travel industry forward.... Read More
AI Insights: Generative AI in travel distribution
News / Technology
AI Insights: Generative AI in travel distribution
By PhocusWire | May 17, 2023
Travelport’s chief product and technology officer Tom Kershaw answers our questions about how the company is working with generative artificial intelligence technology.   ... Read More
Earnings roundup: HomeToGo, MakeMyTrip
News / Online
Earnings roundup: HomeToGo, MakeMyTrip
By Linda Fox | May 17, 2023
HomeToGo and MakeMyTrip report their Q1 2023 and full-year 2023 earnings, respectively.... Read More
How Expedia is thinking about growth in vacation rentals
News / Online
How Expedia is thinking about growth in vacation rentals
By Linda Fox | May 17, 2023
Tim Rosolio, vice president for vacation rental partner success at Expedia Group, talks about inventory pressure, technology gaps and more flexible cancellation policies for vacation rentals.... Read More
Rise in mishandled baggage spotlights need for automation, study finds
News / Technology
Rise in mishandled baggage spotlights need for automation, study finds
By Kathryn Walson | May 17, 2023
After more than a decade of declining rates, the incidence of mishandled bags shot up by 75% last year as airlines and airports grappled with a surge in passengers.... Read More
Yanolja Cloud acquires B2B travel tech firm Go Global Travel
News / Technology
Yanolja Cloud acquires B2B travel tech firm Go Global Travel
By Mitra Sorrells | May 17, 2023
Founded in 2000, Go Global Travel is a B2B technology company that provides distribution of travel products including hotel and resort rooms, airline tickets and car rentals.... Read More
Hotel Manager lands £2.2M to grow team, enhance platform
News / Startups
Hotel Manager lands £2.2M to grow team, enhance platform
By Kathryn Walson | May 16, 2023
The London-based startup said the capital enables it to “fuel aggressive growth and build upon its multi-award winning product.”... Read More
Travel tech founders consider effects of bank failures
News / Online
Travel tech founders consider effects of bank failures
By Kathryn Walson | May 16, 2023
Travel tech CEOs offer advice to founders as a string of recent bank failures in the U.S. has raised concerns about funding for travel startups.... Read More
Blackstone to sell interest in travel tech’s IBS Software
News / Technology
Blackstone to sell interest in travel tech’s IBS Software
By Derek Catron | May 16, 2023
The private equity giant invested $170 million for a minority stake in IBS Software in 2015. It’s agreed to sell its interests to Apax Partners for about $450 million.  ... Read More
Mondee acquires Consolid and Interep to strengthen position in Latin America
News / Online
Mondee acquires Consolid and Interep to strengthen position in Latin America
By Kathryn Walson | May 16, 2023
Travel marketplace and tech platform Mondee went public last summer under the ticker symbol MOND.... Read More
Startups selected for first round of Global Startup Pitch
News / Startups
Startups selected for first round of Global Startup Pitch
By PhocusWire | May 15, 2023
The judging criteria applied to the startups throughout the competition include viability, customer appeal, technical innovation, sustainability, team and the X factor. ... Read More
Why it's time for travel companies to address "technical debt"
News / Technology
Why it's time for travel companies to address "technical debt"
By Derek Catron | May 15, 2023
WhileChatGPT and AI are cool, travel businesses can't get the full benefit of new technologies until they replace their antiquated systems, experts at at Hotelbeds’ MarketHub Americas conference said.  ... Read More
Seamless but secure: ChatGPT and data protection in travel
News / Technology
Seamless but secure: ChatGPT and data protection in travel
By Mitra Sorrells | May 15, 2023
Join us for PhocusWire's next LinkedIn Audio Event as we discuss this topic with executives from Hopper, MakeMyTrip, Microsoft and Indicio.... Read More
Connected trip company Worldia raises €25M for global expansion
News / Startups
Connected trip company Worldia raises €25M for global expansion
By Kathryn Walson | May 15, 2023
The Paris-based company plans to make its packaging technology available to travel distributors across Europe and North America and to hire people in research and development.... Read More
Hugo Burge, online travel pioneer and startup investor, dies at 51
News / Online
Hugo Burge, online travel pioneer and startup investor, dies at 51
By Linda Fox | May 12, 2023
Tributes are flooding in for online travel pioneer Hugo Burge, who died on Wednesday at age 51.... Read More
The Phocuswright Conference 2026