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.

Iomob partners with Next Earth metaverse for journey planning
News / Technology
Iomob partners with Next Earth metaverse for journey planning
By Linda Fox | May 9, 2022
The aim of the partnership is to collaborate on the development of a service to plan real-life journeys via the metaverse.... Read More
Hotailors rebrands to WorkTrips, bags €23M investment
News / Startups
Hotailors rebrands to WorkTrips, bags €23M investment
By Linda Fox | May 9, 2022
The funding will go toward rebranding Hotailors as well as boosting its presence in existing markets and extending the platform to new markets.... Read More
Inside Expedia Group's new unified loyalty program
News / Online
Inside Expedia Group's new unified loyalty program
By Jill Menze | May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands.... Read More
Looking ahead to a sustainable, peer-to-peer car rental segment
News / Distribution
Looking ahead to a sustainable, peer-to-peer car rental segment
By Phocuswright Research | May 9, 2022
With the echo of the 2020 downturn still lingering, eyes were on 2021 as the year that would kickstart the pandemic recovery for the car rental sector.... Read More
despegar-acquires-viajanet2
News / Distribution
Despegar to acquire Brazilian OTA Viajanet
By Mitra Sorrells | May 6, 2022
This marks the third acquisition of a Brazil-based company for Despegar, which operates as Decolar in the Brazil market.... Read More
Conversion rates up, abandoned carts down as travel recovers
News / Online
Conversion rates up, abandoned carts down as travel recovers
By Linda Fox | May 6, 2022
Terms such as "revenge travel" and "pent-up demand" are being thrown about as the travel industry recovers. Research from Quantum Metric builds out a picture of what's going on.... Read More
Listening to travel brands, a deafening silence on sustainability
Interview / Online
Listening to travel brands, a deafening silence on sustainability
By Kevin May | May 6, 2022
Much needs to change in the minds of executives in this industry and in the banking community, alongside the decisions being made by consumers. Simply providing information to influence consumer choice is no longer enough.... Read More
Amadeus pockets highest revenue quarter in two years
News / Distribution
Amadeus pockets highest revenue quarter in two years
By Kevin May | May 6, 2022
The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019.... Read More
ALERTS: New deals, products, partnerships and hires in digital travel
News / Technology
ALERTS: New deals, products, partnerships and hires in digital travel
By PhocusWire | May 6, 2022
The backbone of the travel, tourism and hospitality industry is powered by technology and digital services. Here we capture new deals and partnerships, product launches and important hires all in one place.... Read More
777partners-acquires-aerocrs-worldticket
News / Technology
777 Partners acquires AeroCRS and WorldTicket
By Mitra Sorrells | May 5, 2022
The firm says it will form a new travel group to offer a suite of products to airlines and travel companies for retailing, distribution, interlining and passenger connectivity.... Read More
Arrivalist signs $2M debt financing investment round
News / Technology
Arrivalist signs $2M debt financing investment round
By Kevin May | May 5, 2022
The non-dilutive debt financing program is the fifth round of support that the U.S.-based company has received to-date from Lighter Capital.... Read More
booking-holdings-q1-2022
News / Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells | May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.  ... Read More
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
News / Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells | May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.... Read More
Expedia Group revamps marketplace, tech platform as part of new strategy
News / Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze | May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience.... Read More
mint-house-35m
News / Startups
Mint House raises $35M led by Mohari Hospitality
By Mitra Sorrells | May 4, 2022
Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets.... Read More
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