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.

easyjet-musement
News / Online
EasyJet holidays partners with Musement for tours and activities bookings
By Jill Menze | November 4, 2022
With the partnership, Musement will develop and power an easyJet holidays digital platform for tours and activities.... Read More
expedia-q3-2022
News / Online
Expedia Group sees record profitability, revenue in Q3
By Mitra Sorrells | November 3, 2022
 Revenue in the quarter came in at $3.6 billion compared to $2.9 billion in Q3 2021, a 22% increase.  ... Read More
trivago main
News / Online
Trivago reports solid Q3 despite consumers choosing shorter, cheaper stays
By Kathryn Walson | November 3, 2022
The Germany-based metasearch brand attributes its adjusted EBITDA growth to cost discipline, increased marketing efficiency and recovering travel demand.... Read More
Journey Hospitality lands £5M to grow its e-commerce platform
News / Technology
Journey Hospitality lands £5M to grow its e-commerce platform
By Linda Fox | November 3, 2022
The investment in the U.K.-based company, which launched in 2010, comes from Averroes Capital.... Read More
Operto adds digital key capabilities with acquisition of STAYmyway
News / Technology
Operto adds digital key capabilities with acquisition of STAYmyway
By Linda Fox | November 3, 2022
Spain-based STAYmyway announced an exclusive partnership with Accor for the group’s Accor Key program last year; Operto will now accelerate the rollout of the program.... Read More
lodgify-funding
News / Technology
Lodgify eyes global expansion of vacation rental tech with $30M haul
By Jill Menze | November 3, 2022
Founded in 2012, Lodgify helps vacation rental hosts and businesses build their own websites to attract and grow direct bookings.... Read More
booking-q3-2022
News / Online
Booking Holdings posts highest quarterly revenue in Q3 2022
By Kathryn Walson | November 2, 2022
Revenue for the third quarter of 2022 was up 29% year-on-year to $6.1 billion; adjusted EBITDA rose 26% year-on-year to $2.7 billion.... Read More
Sabre sees revenue increase in Q3 despite "slow start"
News / Distribution
Sabre sees revenue increase in Q3 despite "slow start"
By Linda Fox | November 2, 2022
The company says international air bookings remained strong into September, and air bookings ended the month at their highest point since the pandemic began.... Read More
livetheworld-itinari
News / Startups
Online travel guide Live the World acquires Itinari
By Linda Fox | November 2, 2022
Live the World plans to integrate Itinari's travel stories and tips from residents with its digital interactive map.... Read More
Airbnb main
News / Online
Airbnb reports most profitable quarter ever in Q3 2022
By Kathryn Walson | November 1, 2022
Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021.... Read More
Way funding main
News / Startups
Way raises $20M for hospitality brand activation platform
By Kathryn Walson | November 1, 2022
Way's platform helps luxury, lifestyle and boutique hotels enter the experience economy.... Read More
volocopter-seriese-funding
News / Startups
Volocopter tops up Series E funding with $182M
By Linda Fox | November 1, 2022
The investment comes from Saudi Arabia's smart city development project Neom and Gly Capital Management.... Read More
cover-genius-series-d
News / Technology
Cover Genius raises $70M in Series D funding
By Mitra Sorrells | November 1, 2022
Cover Genius says the funding, an oversubscribed round, “represents a significant valuation uplift” from its Series C in 2021.  ... Read More
travel-startups-africa
News / Startups
How a startup studio is tackling travel innovation in Africa
By Linda Fox | November 1, 2022
Following a $1 million pre-seed investment, startup studio Purple Elephant Ventures plans to build three to four travel businesses per year in Africa.... Read More
invygo main
News / Startups
Car subscription startup Invygo drives off with $10M for expansion
By Kathryn Walson | November 1, 2022
Launched in 2019, the Invygo app allows customers to choose, drive and swap cars.... Read More
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