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.

Amadeus makes further progress towards recovery in Q3
News / Distribution
Amadeus makes further progress towards recovery in Q3
By Linda Fox | November 4, 2022
Amadeus revenue for the third quarter of 2022 represented 87% of its third quarter revenue in 2019.... Read More
Hoken funding main
News / Startups
Event lodging marketplace Hoken lands $9M
By Kathryn Walson | November 4, 2022
Hoken says its vision is to provide a “highly curated and flexible hotel exchange and marketplace for the world’s most popular events.”... Read More
easyjet-musement
News / Online
EasyJet holidays partners with Musement for tours and activities bookings
By Jill Menze | November 4, 2022
With the partnership, Musement will develop and power an easyJet holidays digital platform for tours and activities.... Read More
expedia-q3-2022
News / Online
Expedia Group sees record profitability, revenue in Q3
By Mitra Sorrells | November 3, 2022
 Revenue in the quarter came in at $3.6 billion compared to $2.9 billion in Q3 2021, a 22% increase.  ... Read More
trivago main
News / Online
Trivago reports solid Q3 despite consumers choosing shorter, cheaper stays
By Kathryn Walson | November 3, 2022
The Germany-based metasearch brand attributes its adjusted EBITDA growth to cost discipline, increased marketing efficiency and recovering travel demand.... Read More
Journey Hospitality lands £5M to grow its e-commerce platform
News / Technology
Journey Hospitality lands £5M to grow its e-commerce platform
By Linda Fox | November 3, 2022
The investment in the U.K.-based company, which launched in 2010, comes from Averroes Capital.... Read More
Operto adds digital key capabilities with acquisition of STAYmyway
News / Technology
Operto adds digital key capabilities with acquisition of STAYmyway
By Linda Fox | November 3, 2022
Spain-based STAYmyway announced an exclusive partnership with Accor for the group’s Accor Key program last year; Operto will now accelerate the rollout of the program.... Read More
lodgify-funding
News / Technology
Lodgify eyes global expansion of vacation rental tech with $30M haul
By Jill Menze | November 3, 2022
Founded in 2012, Lodgify helps vacation rental hosts and businesses build their own websites to attract and grow direct bookings.... Read More
booking-q3-2022
News / Online
Booking Holdings posts highest quarterly revenue in Q3 2022
By Kathryn Walson | November 2, 2022
Revenue for the third quarter of 2022 was up 29% year-on-year to $6.1 billion; adjusted EBITDA rose 26% year-on-year to $2.7 billion.... Read More
Sabre sees revenue increase in Q3 despite "slow start"
News / Distribution
Sabre sees revenue increase in Q3 despite "slow start"
By Linda Fox | November 2, 2022
The company says international air bookings remained strong into September, and air bookings ended the month at their highest point since the pandemic began.... Read More
livetheworld-itinari
News / Startups
Online travel guide Live the World acquires Itinari
By Linda Fox | November 2, 2022
Live the World plans to integrate Itinari's travel stories and tips from residents with its digital interactive map.... Read More
Airbnb main
News / Online
Airbnb reports most profitable quarter ever in Q3 2022
By Kathryn Walson | November 1, 2022
Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021.... Read More
Way funding main
News / Startups
Way raises $20M for hospitality brand activation platform
By Kathryn Walson | November 1, 2022
Way's platform helps luxury, lifestyle and boutique hotels enter the experience economy.... Read More
volocopter-seriese-funding
News / Startups
Volocopter tops up Series E funding with $182M
By Linda Fox | November 1, 2022
The investment comes from Saudi Arabia's smart city development project Neom and Gly Capital Management.... Read More
cover-genius-series-d
News / Technology
Cover Genius raises $70M in Series D funding
By Mitra Sorrells | November 1, 2022
Cover Genius says the funding, an oversubscribed round, “represents a significant valuation uplift” from its Series C in 2021.  ... Read More
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