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.

Casai talks technology investment and data-driven decisions
News / Technology
Casai talks technology investment and data-driven decisions
By Linda Fox | February 10, 2021
For a company that set its strategy on offering smart rentals - its name translates as smart home - it concedes a need to ensure the business is getting the basics right.... Read More
Lastminute.com Group ends 2020 with 62% collapse in revenue
News / Online
Lastminute.com Group ends 2020 with 62% collapse in revenue
By Kevin May | February 10, 2021
The online travel agency business brought in €128.9 million in core revenues over the 12-month, pandemic-hit period.... Read More
tripbam-corporate-travel-covid-trends
News / Distribution
Why it’s a “buyer’s market” for corporate hotel rates
By Mitra Sorrells | February 10, 2021
According to Tripbam, the COVID-19 pandemic has caused shifts related to rates, star rates, locations and booking trends.... Read More
lyft-q4-2020
News / Online
Lyft revenue grows 14% in Q4 to $570M
By Mitra Sorrells | February 9, 2021
Lyft says it expects to be profitable no later than the fourth quarter of this year.... Read More
Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery
News / Online
Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery
By Jill Menze | February 9, 2021
Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic.... Read More
CLEAR raises $100M to expand beyond aviation
News / Technology
CLEAR raises $100M to expand beyond aviation
By Jill Menze | February 9, 2021
Investors in the round include Danny Meyer’s Enlightened Hospitality Investments, NFL investment arm 32 Equity and the Partnership Fund for New York City.... Read More
TUI continues cost-saving program, looks to summer recovery
News / Distribution
TUI continues cost-saving program, looks to summer recovery
By Linda Fox | February 9, 2021
The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months.... Read More
Fastpayhotels acquires accommodation business assets of North America Destinations
News / Distribution
Fastpayhotels acquires accommodation business assets of North America Destinations
By Kevin May | February 9, 2021
Some 300 clients of North America Destinations in the U.S., Canada, Brazil, Argentina, Chile, Paraguay and Colombia will also get last-minute availability and access to thousands of vacation rental properties.... Read More
The COVID travel rebound is coming - is your business prepared?
Opinion / Technology
The COVID travel rebound is coming - is your business prepared?
By Jackie Velez - Xero | February 9, 2021
Travel brands should consider these key steps in order to successfully capture the COVID travel rebound.... Read More
getaway-42M-funding
News / Startups
Certares leads $42M Series C for cabin-rental platform Getaway
By Mitra Sorrells | February 8, 2021
Getaway says it had 150% year-over-year growth in 2020 and plans to rapidly expand.... Read More
Go2Joy raises $2.3M in Series A+ round
News / Startups
Go2Joy raises $2.3M in Series A+ round
By Linda Fox | February 8, 2021
Vietnam-based hotel booking specialist Go2Joy plans to use its Series A+ funding for sales and marketing.... Read More
optii-solutions-opinion-cleaning
Opinion / Online
What COVID-induced changes in hospitality are here to stay?
By Soenke Weiss - Optii Solutions | February 8, 2021
The founder and chief strategy officer of Optii Solutions says hotels should expect enhanced operational and cleaning protocols to be the norm for years to come.  ... Read More
timeshifter-2-million
News / Startups
Jet-lag app Timeshifter raises $2M as it launches new product for shift workers
By Mitra Sorrells | February 5, 2021
The company has partnerships with travel brands including Tripadvisor, Travelperk, SAP Concur, CWT and United Airlines.... Read More
Airbnb creates tool for hosts to confirm guests’ COVID status
News / Technology
Airbnb creates tool for hosts to confirm guests’ COVID status
By Kevin May | February 5, 2021
The Health Safety Assertion tool allows hosts to request guests declare their status in relation to COVID-19 symptoms. Guests will also be asked to disclose if they have recently been exposed to the virus.... Read More
On the Beach hopes to boost market share through recent investments
News / Online
On the Beach hopes to boost market share through recent investments
By Linda Fox | February 5, 2021
On the Beach says consumer demand is very weak currently with traffic, bookings and online marketing spend for four months ended January 31, 2021, down more than 70%.... Read More
The Phocuswright Conference 2026