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.

Travel tech expands reach in hospitality schools
News / Technology
Travel tech expands reach in hospitality schools
By Derek Catron | May 9, 2023
A classroom tech revolution, accelerated by COVID and partnerships with travel leaders, means more of today’s hospitality students are exposed to the latest gadgets and cloud-based systems and learn to be entrepreneurs as much as hotel managers.... Read More
STARTUP STAGE: CalmGetaways helps users book wellness travel
Interview / Startups
STARTUP STAGE: CalmGetaways helps users book wellness travel
By Mitra Sorrells | May 9, 2023
Along with self-service search, users can fill out a form with their interests to receive customized recommendations from CalmGetaways.... Read More
New Expedia tech extends debate on attribute-based selling
News / Technology
New Expedia tech extends debate on attribute-based selling
By Kathryn Walson | May 8, 2023
For now, Expedia Group’s system does not enable customization of room attributes, such as location, floor or view.... Read More
Phocuswright Europe 2023: Travel investors on the outlook for funding
News / Online
Phocuswright Europe 2023: Travel investors on the outlook for funding
By PhocusWire | May 8, 2023
Three of Europe's leading investors take Center Stage in Barcelona to share their outlook for travel startup funding.... Read More
MadeComfy scores $10 million for expansion and tech development
News / Online
MadeComfy scores $10 million for expansion and tech development
By Linda Fox | May 5, 2023
Investment in the Australia-based company was led by Commencer Capital with MC Fiduciary, BridgeLane Capital and private investors also participating.... Read More
eDreams looks to Google Cloud for generative AI boost
News / Technology
eDreams looks to Google Cloud for generative AI boost
By Linda Fox | May 5, 2023
The online travel agency is part of Google's AI trusted tester program, which enables it to combine its own AI capabilities with that of Google Cloud.... Read More
Short-term rental startups, investors talk market growth
News / Startups
Short-term rental startups, investors talk market growth
By Linda Fox | May 5, 2023
Funding is becoming harder to come by but some are breaking through with ongoing investor appetite in the vacation rental market.... Read More
Expedia Group embraces AI, banks on loyalty program
News / Online
Expedia Group embraces AI, banks on loyalty program
By Kathryn Walson | May 4, 2023
Expedia Group continues to invest in its strategy of acquiring and retaining “high-value loyalty members and app users” across its three leading brands, CEO Peter Kern said.... Read More
Booking Holdings sees opportunity to recreate "human travel agent” with generative AI
News / Online
Booking Holdings sees opportunity to recreate "human travel agent” with generative AI
By Mitra Sorrells | May 4, 2023
The comments regarding generative AI came as the company shared its first quarter financial results, which had both gross bookings and room nights at record levels for a quarter. ... Read More
Ongoing travel recovery boosts Q1 earnings for Uber and Lyft
News / Online
Ongoing travel recovery boosts Q1 earnings for Uber and Lyft
By Derek Catron | May 4, 2023
Both Uber and Lyft reported year-over-year revenue increases for the first quarter, as leaders at both companies spoke of the benefits of a competitive ride-sharing market.  ... Read More
Sabre repositions for revenue opportunities, cost savings
News / Distribution
Sabre repositions for revenue opportunities, cost savings
By Linda Fox | May 4, 2023
Job losses are part of the strategy to bring down costs, according to a statement from president and CEO Kurt Ekert, who said the team would be impacted.... Read More
Navan uses ChatGPT for travel spend analysis and management
News / Technology
Navan uses ChatGPT for travel spend analysis and management
By Linda Fox | May 4, 2023
The company, formerly TripActions, said it has used generative AI to develop Ava into a personal data analyst in addition to the previous traveler support function.... Read More
How ChatGPT levels the playing field for travel companies
News / Technology
How ChatGPT levels the playing field for travel companies
By Derek Catron | May 4, 2023
ChatGPT’s relative simplicity has benefited travel companies ranging in size from Expedia to Sailsquare, an Italy-based sailing cruise marketplace that used the tool to monitor communications on its platform and protect its commissions.  ... Read More
Lilium raises $100M toward goal of $250M
News / Technology
Lilium raises $100M toward goal of $250M
By Mitra Sorrells | May 4, 2023
Lilium went public via a SPAC in 2021 and raised $119 million last November, but the company’s stock has struggled in the last year - putting it at risk of delisting from the Nasdaq.... Read More
Tripadvisor Q1 revenue up 42% compared to 2022
News / Online
Tripadvisor Q1 revenue up 42% compared to 2022
By Mitra Sorrells | May 3, 2023
Tripadvisor's Viator segment brought in $115 million in revenue in the first quarter, up 105% compared to the same period in 2022.... Read More
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