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.

agoda-travel-boom-phocuswright-europe
News / Online
Agoda’s Tim Hughes on preparing for the coming travel boom
By Mitra Sorrells | August 15, 2022
"We don’t want to be at the starting line of the COVID travel boom standing still, we want to be racing," says Agoda's vice president of corporate development.... Read More
The big opportunity for short-term rentals
News / Online
The big opportunity for short-term rentals
By PhocusWire | August 12, 2022
Speaking during Phocuswright Europe, Awaze and HomeToGo outlined what they see as the biggest opportunities in short-term rentals.... Read More
Rod Cuthbert on why he’s “super positive” about travel
News / Online
Rod Cuthbert on why he’s “super positive” about travel
By PhocusWire | August 12, 2022
Travel industry veteran Rod Cuthbert discusses the ample opportunity for travel brands as well as the state of Viator and Google.... Read More
earnings-roundup-ihg-hostelworld-tui
News / Online
Earnings roundup: TUI Group, IHG, Hostelworld
By Mitra Sorrells | August 12, 2022
TUI Group, IHG and Hostelworld all reported strong financial results for the second quarter of 2022.... Read More
amex-gbt-q2-2022
News / Online
Amex GBT sees "strong" quarter with major client wins
By Lauren Arena - BTN Europe | August 11, 2022
In its first earnings report as a publicly listed company, Amex GBT reported revenue of $286 million in Q2 2022, up 217% year-over-year.... Read More
United Airlines orders 100 electric air taxis from Archer
News / Online
United Airlines orders 100 electric air taxis from Archer
By Kathryn Walson | August 11, 2022
Archer CEO Adam Goldstein calls the payment a “milestone” in Archer’s partnership with United Airlines.... Read More
cartrawler-phocuswire-studio-europe-2022
News / Distribution
CarTrawler on loyalty, fintech and growing interest in eco-friendly travel
By PhocusWire | August 11, 2022
CarTrawler CEO Cormac Barry and COO Peter O'Donovan discuss current trends in the car rental industry in the PhocusWire Studio at Phocuswright Europe.... Read More
Travel startup Fora wants to reinvent the travel agent
News / Online
Travel startup Fora wants to reinvent the travel agent
By Jill Menze | August 11, 2022
Tech-powered travel agency Fora, which just raised $13.5 million, provides resources to anyone looking for a career as a travel advisor.... Read More
vacasa-earnings-q2-2022
News / Online
Vacasa raises revenue, profitability guidance after Q2 beats forecast
By Mitra Sorrells | August 10, 2022
Vacasa’s revenue in Q2 grew 31% year-over-year to $310 million and adjusted EBITDA came in at negative $2 million, head of guidance.... Read More
Sonder recovers revenue, hits record RevPAR in Q2 2022
News / Online
Sonder recovers revenue, hits record RevPAR in Q2 2022
By Jill Menze | August 10, 2022
Sonder reported revenue of $121 million in Q2 2022, up 157% year-on-year and fueled by RevPAR growth.... Read More
oyo-acquires-danish-rental-company
News / Online
OYO adds European vacation rentals with acquisition of Danish operator
By Mitra Sorrells | August 10, 2022
OYO's acquisition of Bornholm-based Bornholmske Feriehuse adds more than 730 homes to its DanCenter vacation rental brand.... Read More
exbooking-execs-launch-neoke
News / Startups
Ex-Booking execs build new “connected trip” solution
By Mitra Sorrells | August 10, 2022
NeoKe uses decentralized, self-sovereign ID to remove friction from the travel experience and improve conversions for suppliers.... Read More
snowflake final
News / Online
Snowfall to acquire Psngr1 to boost North America presence
By Michael B. Baker - BTN | August 10, 2022
U.K.-based travel technology firm Snowfall plans to merge Psngr1's technology with its own. ... Read More
Trivago touts strong second quarter but prepares for slowdown ahead
News / Online
Trivago touts strong second quarter but prepares for slowdown ahead
By Kathryn Walson | August 9, 2022
In the three months ended June 30, total revenue at Trivago rose by €49.3 million, or 52%, compared to the same period in 2021.... Read More
Travel sector most likely to see subscription growth
News / Online
Travel sector most likely to see subscription growth
By Jill Menze | August 9, 2022
Among subscription sectors, travel is the most likely to see subscription growth from both existing and new members over the next 12 months.... Read More
The Phocuswright Conference 2026