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.

trip-com-earnings-q1-2020
News / Online
Trip.com Group revenue drops over 40% in Q1, expects steeper decline in Q2
By Mitra Sorrells | May 28, 2020
The company is bracing for continued losses but says it is seeing signs of recovery in domestic travel.... Read More
Traveling festival fans hopeful of swift return but only if free web cancelations available
News / Online
Traveling festival fans hopeful of swift return but only if free web cancelations available
By Kevin May | May 28, 2020
A survey of 110,000 festival-goers from countries such as the U.K., France and Germany found that over eight out of ten (82%) would feel confident attending an event within one to six months of restrictions being relaxed.... Read More
Expedia Group pledges $275M to coronavirus recovery, gives lodging partners “free” marketing
News / Online
Expedia Group pledges $275M to coronavirus recovery, gives lodging partners “free” marketing
By Jill Menze | May 28, 2020
Expedia Group is dedicating more than a quarter of a billion dollars to help its lodging partners, destinations and the travel industry rebound from the impact of the coronavirus.... Read More
airdna-booking-surge
News / Online
Global vacation rental bookings surge to more than 2M, up 127% from early April
By Mitra Sorrells | May 28, 2020
After a low of just 916,000 bookings in early April, AirDNA finds there has been a fairly steady increase in markets around the globe.... Read More
InPhocus, episode 12 - Right place, right time for a travel startup
News / Startups
InPhocus, episode 12 - Right place, right time for a travel startup
By PhocusWire | May 28, 2020
Some travel startups are using the current climate to shore up their strategy and take advantage of the support that a few governments have offered in order to prop up young businesses.... Read More
Destination X - The new normal in tourism
News / Technology
Destination X - The new normal in tourism
By PhocusWire | May 27, 2020
Have we learned anything, or do we race back to the same mistakes that many destinations and attractions were making prior to the outbreak? ... Read More
arrivalist-memorial-weekend
News / Online
Holiday weekend road trip activity up to “spring break levels” in some parts of U.S.
By Mitra Sorrells | May 27, 2020
Arrivalist found a sharp increase in long road trip activity at the start of the Memorial Day weekend in the United States.... Read More
VIDEO: New Reality With... Axel Hefer of Trivago
News / Online
VIDEO: New Reality With... Axel Hefer of Trivago
By PhocusWire | May 27, 2020
The next guest on the New Reality With... series is Axel Hefer, CEO of Trivago, the Germany-based hotel search service.... Read More
React Mobile gets $6M in funding to develop hotel panic-button tech
News / Technology
React Mobile gets $6M in funding to develop hotel panic-button tech
By Jill Menze | May 27, 2020
The company, which provides panic-button technology for hotel workers, has raised $6 million in funding through a strategic partnership with Brady Corporation.... Read More
Tours and activities brands plot recovery with at-home experiences, crowd-control measures
News / Distribution
Tours and activities brands plot recovery with at-home experiences, crowd-control measures
By Jill Menze | May 27, 2020
In response to the coronavirus crisis, Klook is launching virtual experiences as part of a multi-stage recovery plan, while competitor GetYourGuide is building crowd-control technology.... Read More
bolt-funding
News / Startups
Transportation platform Bolt raises €100M to add new products, markets
By Mitra Sorrells | May 26, 2020
European transportation platform Bolt has raised €100 million on a $1.9 billion valuation.... Read More
Possible futures for a post-pandemic travel industry, part 3
Opinion / Online
Possible futures for a post-pandemic travel industry, part 3
By Mario Gavira | May 26, 2020
This scenario sketches a fundamentally different outcome to the previous scenarios: the virus proves to be more resilient than expected and the discovery and mass production of an effective vaccine only becomes a reality in 2023.... Read More
Innovation, automation and collaboration - three ways to get aviation moving safely again
News / Technology
Innovation, automation and collaboration - three ways to get aviation moving safely again
By Linda Fox | May 26, 2020
Airlines are desperate to build confidence among passengers and put them in the planes that are slowly returning to the skies. But it'll take more than that to get aviation moving again.... Read More
REPORT: COVID-19 Hotel Forecast - Dallas
News / Distribution
REPORT: COVID-19 Hotel Forecast - Dallas
By PhocusWire | May 26, 2020
Phocuswright has discovered political decisions and the resulting social response may have a greater impact on hotel performance than raw case count or unemployment statistics.... Read More
McKinsey: Consumers to travel less in short- and long-term, vaccine vital to flying again
News / Online
McKinsey: Consumers to travel less in short- and long-term, vaccine vital to flying again
By Mitra Sorrells | May 26, 2020
McKinsey's latest weekly survey of U.S. consumers finds travel behind other categories as far as intent to spend now and in the future.... Read More