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.

corporate travel
News / Online
Deloitte: Corporate travel spending on track for ‘24 recovery
By Michael B. Baker – Business Travel News | April 13, 2023
While a full recovery in business travel spending appears possible by the end of 2024, the corporate travel market would be 10-20% below pre-pandemic levels when factoring in inflation, according to the report.... Read More
Tripadvisor says it's catching more fake reviews
News / Online
Tripadvisor says it's catching more fake reviews
By Linda Fox | April 12, 2023
In its latest Review Transparency Report, the company said its detection process picked up 72% of submissions before they were published on the platform, up five percentage points on its 2020 figure.... Read More
American Airlines op-ed
Opinion / Technology
Taking the long view of American Airlines’ NDC strategy
By Jeff Klee - AmTrav | April 12, 2023
Although its recent actions have left many wondering if American Airlines is trying to kill third-party distribution, it is the ultimate of ironies that its NDC strategy might just be what saves it.... Read More
InteleTravel acquisition
News / Online
InteleTravel acquisition links leisure and business travel
By Kathryn Walson | April 12, 2023
InteleTravel and Hickory Global Partners said that by merging resources they can better cater to the blended travel market.... Read More
TerraPay sending money
News / Startups
TerraPay raises $100M to expand global payments infrastructure
By Derek Catron | April 12, 2023
Travel is one sector TerraPay is targeting for growth as it aims to reach 150 countries by 2024.... Read More
Whimstay funding
News / Startups
Vacation rental marketplace Whimstay scores $10M
By Kathryn Walson | April 11, 2023
The San Francisco-based company plans to use the funding toward “key new hires” and the development of new products and features.... Read More
Airlines brace for summer chaos as wider tech issues remain
News / Technology
Airlines brace for summer chaos as wider tech issues remain
By Linda Fox | April 11, 2023
Schiphol Airport is capping its passenger numbers at 66,000 per day in May while Lufthansa said in February that it was reducing its 2023 summer schedule by 34,000 flights.... Read More
careem-400m-super-app-spinout
News / Online
Uber-owned Careem spins out super app with $400M investment
By Mitra Sorrells | April 11, 2023
Careem will split into two business units - Careem Rides and Careem Technologies, which will manage development of its super app.... Read More
Istanbul property
News / Startups
Turkish property management company Missafir lands investment at $26M valuation
By Derek Catron | April 11, 2023
Ege Yapi Technology Ventures, one of Turkey’s largest real estate developers, took part in the funding as a strategic investor.  ... Read More
Sustainable aviation fuel
News / Online
Aviation industry invests in SAF to reach climate targets
By Kathryn Walson | April 10, 2023
With development of hydrogen- and electric-powered planes for long-haul flights too far off, airlines look to investments in sustainable aviation fuel to help meet carbon emissions goals.... Read More
pcw-air-market-header
News / Online
4 key areas impacting the U.S. air market
By Phocuswright Research | April 10, 2023
 While supply chain issues, staffing shortages and recession jitters hinder airlines from returning to pre-pandemic passenger volumes, slow-but-steady growth is still anticipated throughout the forecast period.... Read More
Yanolja acquires Innsoft
News / Online
Yanolja acquires Innsoft to target North American hospitality market
By Kathryn Walson | April 10, 2023
North America’s transition to a digital-based operating environment has been slow, Korea-based Yanolja Cloud said, and it aims to expand the adoption rate of SaaS-based hospitality solutions.... Read More
smartryde-funding-api
News / Startups
Japan’s SmartRyde raises $3.4M as it expands airport transfer marketplace
By Mitra Sorrells | April 9, 2023
Along with the funding, SmartRyde has created an API so online travel agencies and airlines can connect directly to its global network to easily offer pre-booked airport transfers in their booking flows.... Read More
ChatGPT with phone
Opinion / Technology
ChatGPT means radically improved travel sales conversion
By Terry Jones | April 7, 2023
Travelocity founder Terry Jones says his past work creating Wayblazer makes him confident ChatGPT and other forms of generative AI will permanently disrupt the user interface in travel.... Read More
ONDA investment
News / Startups
ONDA invests in Hoteliers.Guru to expand Southeast Asia reach
By Kathryn Walson | April 7, 2023
South Korea-based ONDA said the investment in Thailand-based Hoteliers.Guru “will lead the digital transformation of global hotels.”... Read More
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