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.

Cabify closes $110M round, looks to further expansion
News / Online
Cabify closes $110M round, looks to further expansion
By Linda Fox | March 28, 2023
The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua Madrilena to acquire a 1.26% stake in the company last year.... Read More
Reeco checks in with $10M for hotel supplies marketplace
News / Startups
Reeco checks in with $10M for hotel supplies marketplace
By Linda Fox | March 28, 2023
The investment in the Israel-based company was led by Net Capital Ventures and Joule Ventures while a number of angel investors also participated.... Read More
Yatra says corporate travel driving its growth
News / Online
Yatra says corporate travel driving its growth
By Linda Fox | March 28, 2023
   The company announced revenue of $10.9 million, up 44% year over year while adjusted revenue was $18 million, up 43% year over year. ... Read More
IATA 25by2025 main
News / Online
IATA leads effort to boost representation of women in aviation
By Kathryn Walson | March 28, 2023
The trade association for the global aviation industry is spearheading a voluntary initiative, called 25by2025, with the aim of increasing the number of women in senior positions and under-represented areas.... Read More
journey-hospitality-acquires-premier-software
News / Technology
Journey Hospitality acquires well-being tech specialist Premier Software
By Linda Fox | March 27, 2023
Journey says the acquisition will enable it to further help hotels boost direct revenue opportunities. ... Read More
Duve to launch ChatGPT tool for guest communications
News / Technology
Duve to launch ChatGPT tool for guest communications
By Linda Fox | March 27, 2023
The company, which plans to launch DuveAI in the second quarter of this year, says it will enable “hoteliers and hosts to interact with their guests like never before.”... Read More
STARTUP STAGE: Orbzii wants to make travel planning easier
Interview / Startups
STARTUP STAGE: Orbzii wants to make travel planning easier
By Linda Fox | March 27, 2023
App-based Orbzii brings together flights and hotels and employs artificial intelligence to enable consumers to filter options and put together a trip as well as discuss it and share it with others. ... Read More
ota-marketing-spend-22
News / Online
Online travel giants spent more than $14B on marketing in '22
By Mitra Sorrells | March 27, 2023
Combined marketing spending by Booking Holdings, Expedia Group, Airbnb and Trip.com Group exceeded 2019 levels in 2022.... Read More
travel talk roi hotel investment
News / Online
Travel Talk: How the ROI of hotel business is shifting
By PhocusWire | March 27, 2023
Jeffrey Weinstein, editor in chief of the recently launched Hotel Investment Today, speaks about how the hospitality sector has rebounded from the recession and what’s on the horizon. ... Read More
STARTUP STAGE: SkipQ is an app for airport retail and restaurant services
Interview / Startups
STARTUP STAGE: SkipQ is an app for airport retail and restaurant services
By Linda Fox | March 24, 2023
SkipQ describes itself as a travel retail marketplace that connects airport retailers and passengers via its app. ... Read More
HomeExchange acquisition 2
News / Online
HomeExchange acquires French home-sharing network
By Kathryn Walson | March 23, 2023
Launched in 2017, My weekend for you enables members to welcome travelers to their homes for free for a weekend to help them discover their local region.... Read More
kayak Expedia group chatgpt
News / Technology
Expedia, Kayak first in travel with plugins for ChatGPT
By Mitra Sorrells | March 23, 2023
ChatGPT is inviting its Plus subscribers to join a wait list to get access to plugins, with plans to roll them out more widely in the future.  ... Read More
google-price-drop-guarantee
News / Online
Google is testing free price guarantee for flights
By Mitra Sorrells | March 23, 2023
For fares that include the guarantee, Google automatically monitors prices and refunds the difference to the traveler's Google Pay account if it drops.... Read More
Kakao Mobility looks to international expansion with acquisition of Splyt
News / Technology
Kakao Mobility looks to international expansion with acquisition of Splyt
By Linda Fox | March 23, 2023
The two companies announced a partnership last year enabling the South Korea-based company to expand the transportation options in its Kakao T app.... Read More
Blueground image
News / Online
Travel marketers still seeking higher TikTok profiles
By Derek Catron | March 23, 2023
Blueground job listing for content creator provides a high-profile example of travel’s efforts to use social media to build brand affinity and, maybe someday, boost bookings.  ... Read More
The Phocuswright Conference 2026