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Stay up to date with the latest travel technology news, startup updates, and industry developments from across the global travel ecosystem.

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Sabre sees revenue climb 21% in the first three months of 2016

By Sean O'Neil | April 28, 2016

Sabre saw its revenues increase by 21% in the first quarter of 2016, to $859.5 million. The pace of growth was dramatically higher than the comparable quarter two years ago -- its first as a public... Read More

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Priceline Group CEO Darren Huston quits over conduct with employee

By Kevin May | April 28, 2016

Darren Huston, CEO and president of The Priceline Group, has resigned after an investigation into a personal relationship with a fellow staffer. The company says former-CEO and current chairman, Je... Read More

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Amadeus develops insight tool for airlines to get a handle on performance

By Linda Fox | April 28, 2016

Amadeus has unveiled a data-driven system which will help airlines gather and analyse information for better insight. The company says airlines have seen a 50% increase year-on-year in the data the... Read More

News / Technology

Airlines and hotels still lag global averages for mobile bookings

By Sean O'Neil | April 27, 2016

The travel industry talks a lot about mobile adoption, but when it comes time to make purchases, many consumers are still relying on older methods. Adyen, a payments processor that handled Euro 50... Read More

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Hotelbeds sold for Euro 1.2 billion to Cinven and CPPIB

By Martin Cowen | April 27, 2016

After months of speculation, TUI Group has finally sold its Hotelbeds business, netting Euro 1.165 billion ($1.3 billion) in the process. The buyers are named as Cinven and Canada Pension Plan Inve... Read More

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Rakuten led the $5 million investment in Xola, the activities booking software startup

By Sean O'Neil | April 27, 2016

In February we reported that tours-and-activities software provider Xola had secured a $6 million capital-raise, according to a financial filing -- which did not reveal the main backer. Today Rakut... Read More

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Drivy, the peer-based car rental startup, raises Euro 31 million, gaining on Turo

By Sean O'Neil | April 27, 2016

More than 850,000 people in France, Germany, and Spain have joined the sharing economy by using a new marketplace for peer-based car rentals. Headquartered in Paris, the startup Drivy aims to conne... Read More

News / Technology

Sygic takes majority share of Tripomatic, rebrands its travel app

By Sean O'Neil | April 27, 2016

Sygic, a maker of mobile navigation apps, took a 51% equity stake in Tripomatic, a Czech Republic-based startup that helps travelers create and book custom itineraries for an undisclosed sum. Sygic... Read More

News / Distribution

TripAdvisor buys vacation rental platform HouseTrip

By Kevin May | April 27, 2016

Further consolidation in the rental sector with TripAdvisor today snapping up UK-based HouseTrip for an undisclosed fee. The company is expected to sit within the Vacation Rentals Group of TripAdvi... Read More

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Airbnb goes after vacation rental owners with technology push

By Kevin May | April 27, 2016

Airbnb is increasing its ability to capture business from the traditional vacation rental industry, with a series of connections with technology providers. After testing its API with four tech comp... Read More

News / Distribution

Tracking online behaviour and the path to a travel purchase

By Linda Fox | April 27, 2016

With average online travel conversion rates of around 4%, it's no wonder travel companies are looking throughout the funnel to see how they might get more out. There are a number of well-publicised... Read More

News / Online

TripAdvisor defends listing alleged unethical attractions

By Kevin May | April 27, 2016

TripAdvisor is on the receiving end of a barrage of criticism this week from animal welfare campaigners who want the site to stop featuring certain products. The World Animal Protection group says... Read More

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Travel influencers - a giant echo chamber, or a unique voice after all?

By Kevin May | April 26, 2016

Travel bloggers have often been challenged by their critics for mostly preaching to the converted when it comes to their outpourings on social media. This notion is primarily due to the accusation... Read More

News / Distribution

Ride-sharing tipped to be a $6.5 billion sector by 2020

By Kevin May | April 26, 2016

Ride-sharing brands will see revenues grow to an estimated $6.5 billion within four years, a report into the sharing economy has suggested. Juniper Research forecasts the $3.3 billion the sector ma... Read More

News / Distribution

Hotels have the data to be better with email

By Viewpoints | April 26, 2016

OTAs and airlines are well known for sending emails with helpful information and lucrative offers. They constantly remind us that they are there if we need them. But for some reason you rarely see sim... Read More

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