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.

eDreams looks to Google Cloud for generative AI boost
News / Technology
eDreams looks to Google Cloud for generative AI boost
By Linda Fox | May 5, 2023
The online travel agency is part of Google's AI trusted tester program, which enables it to combine its own AI capabilities with that of Google Cloud.... Read More
Short-term rental startups, investors talk market growth
News / Startups
Short-term rental startups, investors talk market growth
By Linda Fox | May 5, 2023
Funding is becoming harder to come by but some are breaking through with ongoing investor appetite in the vacation rental market.... Read More
Expedia Group embraces AI, banks on loyalty program
News / Online
Expedia Group embraces AI, banks on loyalty program
By Kathryn Walson | May 4, 2023
Expedia Group continues to invest in its strategy of acquiring and retaining “high-value loyalty members and app users” across its three leading brands, CEO Peter Kern said.... Read More
Booking Holdings sees opportunity to recreate "human travel agent” with generative AI
News / Online
Booking Holdings sees opportunity to recreate "human travel agent” with generative AI
By Mitra Sorrells | May 4, 2023
The comments regarding generative AI came as the company shared its first quarter financial results, which had both gross bookings and room nights at record levels for a quarter. ... Read More
Ongoing travel recovery boosts Q1 earnings for Uber and Lyft
News / Online
Ongoing travel recovery boosts Q1 earnings for Uber and Lyft
By Derek Catron | May 4, 2023
Both Uber and Lyft reported year-over-year revenue increases for the first quarter, as leaders at both companies spoke of the benefits of a competitive ride-sharing market.  ... Read More
Sabre repositions for revenue opportunities, cost savings
News / Distribution
Sabre repositions for revenue opportunities, cost savings
By Linda Fox | May 4, 2023
Job losses are part of the strategy to bring down costs, according to a statement from president and CEO Kurt Ekert, who said the team would be impacted.... Read More
Navan uses ChatGPT for travel spend analysis and management
News / Technology
Navan uses ChatGPT for travel spend analysis and management
By Linda Fox | May 4, 2023
The company, formerly TripActions, said it has used generative AI to develop Ava into a personal data analyst in addition to the previous traveler support function.... Read More
How ChatGPT levels the playing field for travel companies
News / Technology
How ChatGPT levels the playing field for travel companies
By Derek Catron | May 4, 2023
ChatGPT’s relative simplicity has benefited travel companies ranging in size from Expedia to Sailsquare, an Italy-based sailing cruise marketplace that used the tool to monitor communications on its platform and protect its commissions.  ... Read More
Lilium raises $100M toward goal of $250M
News / Technology
Lilium raises $100M toward goal of $250M
By Mitra Sorrells | May 4, 2023
Lilium went public via a SPAC in 2021 and raised $119 million last November, but the company’s stock has struggled in the last year - putting it at risk of delisting from the Nasdaq.... Read More
Tripadvisor Q1 revenue up 42% compared to 2022
News / Online
Tripadvisor Q1 revenue up 42% compared to 2022
By Mitra Sorrells | May 3, 2023
Tripadvisor's Viator segment brought in $115 million in revenue in the first quarter, up 105% compared to the same period in 2022.... Read More
Airbnb bets big on rooms, new checkout, pricing displays
News / Online
Airbnb bets big on rooms, new checkout, pricing displays
By Mitra Sorrells | May 3, 2023
Airbnb's latest update includes a relaunch of private rooms with new enhanced host and property details, total price displays and a clear description of checkout chores in the listing.... Read More
Trivago hampered as advertisers focus on profitability despite travel demand
News / Online
Trivago hampered as advertisers focus on profitability despite travel demand
By Linda Fox | May 3, 2023
The hotel metasearch company said progress was made in each of its goals of increasing value in the product for advertisers and users, boosting the coverage of its directly bookable rates and investing it the brand.... Read More
Viatu lands $1M for sustainable multi-day tours platform
News / Startups
Viatu lands $1M for sustainable multi-day tours platform
By Linda Fox | May 3, 2023
The investment was led by Ndoto with ASI Reisen and a number of angel investors also participating.... Read More
Airlines' NDC plans complicate travel advisor efforts
News / Distribution
Airlines' NDC plans complicate travel advisor efforts
By Robert Silk – Travel Weekly | May 3, 2023
Analysts say that the hullabaloo over American is distracting from how airlines’ move to lean heavily on NDC-enabled technology is making flight shopping more difficult for travel advisors.... Read More
Guesty acquires marketing and distribution solution StaySense
News / Online
Guesty acquires marketing and distribution solution StaySense
By Mitra Sorrells | May 2, 2023
This marks Guesty's fourth acquisition since it raised $170 million in Series E funding last August.... Read More
The Phocuswright Conference 2026