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.

VIDEO: Buddy - Launch pitch at Phocuswright Conference 2021
Interview / Technology
VIDEO: Buddy - Launch pitch at Phocuswright Conference 2021
By PhocusWire | December 17, 2021
Buddy's insurance gateway connects platforms with any insurance product to include in your booking path.... Read More
ola-500million-loan
News / Online
India-based ride-hailing firm Ola secures $500M loan
By Mitra Sorrells | December 16, 2021
Founded in 2010, Ola’s platform serves users in more than 250 cities across India, Australia, New Zealand and the United Kingdom.... Read More
Tier enters Italy with acquisition of Vento Mobility
News / Online
Tier enters Italy with acquisition of Vento Mobility
By Linda Fox | December 16, 2021
Terms of Tier's acquisition of Vento in Italy have not been disclosed but the acquisition marks its entry into Italy.... Read More
VIDEO: Financial analysts unravel the truth from the hype in travel
News / Online
VIDEO: Financial analysts unravel the truth from the hype in travel
By PhocusWire | December 16, 2021
For all the talk of a pandemic recovery and the introduction of new tools and technology, what do the money brainiacs who cover the sector think?... Read More
German driverless mobility startup Vay rides off with $95M
News / Online
German driverless mobility startup Vay rides off with $95M
By Jill Menze | December 16, 2021
Vay plans to launch its first car-rental service in Hamburg next year.... Read More
VIDEO: Travelpayouts - Launch pitch at Phocuswright Conference 2021
Interview / Distribution
VIDEO: Travelpayouts - Launch pitch at Phocuswright Conference 2021
By PhocusWire | December 16, 2021
Travelpayouts gathered 300,000 vetted travel influencers and webmasters on their Digital Partnership Platform. How can brands benefit?... Read More
tripcom-q3-2021
News / Online
Trip.com Group revenue drops in Q3 but international flight bookings up
By Mitra Sorrells | December 15, 2021
Trip.com Group's revenue in Q3 2021 was $831 million, down 9% compared to the second quarter of this year.  ... Read More
ctm-acquires-helloworld-corporate
News / Online
CTM acquires Helloworld’s corporate travel business
By Mitra Sorrells | December 15, 2021
Helloworld Corporate operates via the brands QBT, AOT Hotels, TravelEdge and Show Grou in Australia and APX and Atlas Travel in New Zealand.... Read More
AvantStay rides alternative accommodation wave with $160M capital raise
News / Online
AvantStay rides alternative accommodation wave with $160M capital raise
By Kevin May | December 15, 2021
The alternative accommodation platform has over 1,000 properties in more than 100 cities in the U.S. and Mexico, with ambitions to use the new funding round to expand the business into new markets.... Read More
Sabre brings in ex CWT CEO and Travelport exec Kurt Ekert as president
News / Distribution
Sabre brings in ex CWT CEO and Travelport exec Kurt Ekert as president
By Kevin May | December 15, 2021
Dave Shirk will also step down as president of the Travel Solutions arm of the business. He will continue to serve as a senior advisor to Menke and Ekert through 2022.... Read More
European regulators poised for rental rules shake-up
News / Online
European regulators poised for rental rules shake-up
By Linda Fox | December 15, 2021
The aim of the Commission's initiative is the development of “responsible, fair and trusted growth in short-term rentals” as part of wider tourism ecosystem, with Europe-wide rules to be put in place.... Read More
VIDEO: Guesty on the rise of rentals and maintaining momentum
News / Distribution
VIDEO: Guesty on the rise of rentals and maintaining momentum
By PhocusWire | December 15, 2021
Guesty's Vered Raviv Schwarz joined us in the PhocusWire Studio at The Phocuswright Conference 2021 to discuss trends in alternative accommodation and where some of the opportunities and hurdles remain in the market.... Read More
Tracking travel startup investment trends in 2021
News / Startups
Tracking travel startup investment trends in 2021
By Linda Fox | December 15, 2021
Standout sectors attracting investment in 2021 include alternative accommodation and ground transportation while tours and activities, corporate travel and hotel tech startups are also getting some love.... Read More
PhocusWire Pulse: Emerging Innovation
News / Technology
PhocusWire Pulse: Emerging Innovation
By PhocusWire | December 15, 2021
For our ninth event this year, we focus on emerging innovation as it relates to technology and processes impacting on the travel, tourism and hospitality sector in 2022.... Read More
Travel organizations falling behind on diversity and leadership initiatives
News / Online
Travel organizations falling behind on diversity and leadership initiatives
By Jill Menze | December 15, 2021
According to Phocuswright’s 2021 Gender Equity Study, the number of organizations that are taking no initiatives to increase diversity has more than doubled compared to 2019.... Read More
The Phocuswright Conference 2026