Latest News

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

News / Startups

18 startups to compete in Global Startup Pitch semifinals

By PhocusWire | August 7, 2023

The semifinals of the Global Startup Pitch, organized by WiT and Phocuswright, will be held on August 24 with a total of 18 startups, including three in a new "Wildcard 2" category.... Read More

News / Technology

AI Insights: Generative AI to develop a white-label travel assistant

By PhocusWire | August 7, 2023

Live the World's CEO Joris Vanherp answers our questions about how the startup is using generative AI.... Read More

News / Online

Airbnb accelerates supply growth, looks to expand beyond core service

By Mitra Sorrells | August 3, 2023

Airbnb saw its revenue reach $2.5 billion in the second quarter of this year - with more than 115 million nights and experiences booked on the platform.... Read More

News / Online

Booking’s Fogel sees signs of “record summer travel season”

By Derek Catron | August 3, 2023

Booking Holdings enjoyed record gross travel bookings in Q2, but CEO Glenn Fogel sees even better things coming based on July figures. ... Read More

News / Online

Expedia Group sees cause for optimism in record Q2 earnings

By Derek Catron | August 3, 2023

While revenues slowed and fell below analysts’ estimates, CEO Peter Kern saw promise in Expedia Group’s plans for the rest of the year. ... Read More

News / Online

EaseMyTrip expands through three acquisitions in India

By Linda Fox | August 3, 2023

The acquisitions, which will be paid for by equity shares, are Guideline Travels Holidays, TripShope Travel Technologies and Dook Travels and are part of EaseMyTrip's growth strategy.... Read More

News / Technology

AI Insights: Generative AI for multimodal travel

By PhocusWire | August 3, 2023

Omio’s chief technology officer Tomas Vocetka answers our questions about how the company is working with generative artificial intelligence technology.... Read More

News / Distribution

Sabre notes "momentum" across the business

By Linda Fox | August 3, 2023

An improvement in profit driven by travel bookings was partially offset by increased incentive costs, hospitality transaction costs and expenses related to the head count reduction.... Read More

News / Online

Citizens partners with Wyndham on vacation club pay plan

By Derek Catron | August 3, 2023

Citizens Pay allows Wyndham Destinations vacation club members to cover down payment costs with fixed monthly payments.... Read More

News / Online

Viator accounted for nearly half of Tripadvisor’s revenue in Q2

By Mitra Sorrells | August 2, 2023

Viator's revenue was up 59% in Q2 this year compared with 2022 and is now nearly on par with revenue from the Tripadvisor Core segment, which includes its flagship metasearch.... Read More

News / Online

Trivago second quarter revenue dips

By Linda Fox | August 2, 2023

Referral revenue decreased from €141 million to almost €123 million while return on advertising spend was 145% versus 166%.... Read More

News / Online

Building a pipeline for gender diversity in travel

By Derek Catron | August 2, 2023

Companies like TravelPerk and Mews are going the extra mile to secure more gender diversity in travel tech – to the benefit of the businesses and the new hires. ... Read More

News / Online

Uber sees first-ever quarterly profits while eyeing travel tours markets

By Derek Catron | August 1, 2023

Q2 earnings of $9.2 billion boosted the drive to profitability, and CEO Dara Khosrowshahi spoke about the value of machine learning and opportunities in the U.K. travel tour operating market. ... Read More

News / Technology

Airalo lands $60M, plans eSIM product for businesses

By Linda Fox | August 1, 2023

The round, which brings Airalo's total funding to $67.3 including $5.4 million in late 2021, was led by e& Capital, the investment arm of technology specialist e&.... Read More