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: The VC view on travel startup strategy
News / Startups
VIDEO: The VC view on travel startup strategy
By PhocusWire | November 3, 2021
The finance houses that have backed so many travel startups over the years have not been immune to events of the last 20 months. But they have worked hard to help their portfolio brands.... Read More
wit-experience-21-royal-caribbean
News / Distribution
Royal Caribbean tells travel agents: "Don't be afraid of digital"
By Ian Jarrett - Travel Weekly Asia | November 3, 2021
Travel partners who are digitally selling cruises have been able to recover business and grow their cruise business faster than others who have not yet gotten into that game successfully.... Read More
42dot-series-a
News / Startups
South Korea’s 42dot raises $88.5M to expand autonomous driving solution
By Jill Menze | November 3, 2021
The Series A round brings the autonomous driving and mobility technology startup’s total funding to US$130 million.... Read More
Lyft achieves second quarter of adjusted EBITDA profitability
News / Online
Lyft achieves second quarter of adjusted EBITDA profitability
By Jill Menze | November 2, 2021
For the third quarter of 2021, Lyft also reported record revenue per active rider.... Read More
Sabre third-quarter revenues more than double, losses drop significantly
News / Distribution
Sabre third-quarter revenues more than double, losses drop significantly
By Kevin May | November 2, 2021
The company says it will narrow its product portfolio and intensify focus on the core customer revenue-generating retailing, distribution and fulfillment units.... Read More
EaseMyTrip acquires Traviate for B2B hotels push
News / Online
EaseMyTrip acquires Traviate for B2B hotels push
By Linda Fox | November 2, 2021
EaseMyTrip hopes to gain a new revenue stream through the acquisition of Traviate.... Read More
The Phocuswright Conference 2021 - five questions for tourism policy executives
News / Online
The Phocuswright Conference 2021 - five questions for tourism policy executives
By PhocusWire | November 2, 2021
A panel this year, focusing on tourism policy and government planning, features Isabel Hill (U.S. Department of Commerce), Stacy Ritter (Greater Fort Lauderdale CVB) and Margo Yates Martinez (Bloomberg Associates).... Read More
Is the Metaverse a friend or foe to travel?
Opinion / Technology
Is the Metaverse a friend or foe to travel?
By Matthew Chapman - Vibe | November 2, 2021
We shouldn’t overlook that to a significant extent the Metaverse is already upon us. Think virtual reality video gaming, crypto currencies, immersive online shopping experiences.... Read More
VIDEO: Growth trends and challenges for travel startups
News / Startups
VIDEO: Growth trends and challenges for travel startups
By PhocusWire | November 2, 2021
Speaking during PhocusWire Pulse, Trippers CEO Charlotte Franzellin explains why the travel planning app launched amid the pandemic and the challenges of entering the travel tech space.... Read More
cendyn-pegasus-merge
News / Technology
Cendyn, Pegasus merge to help hoteliers boost direct bookings
By Mitra Sorrells | November 2, 2021
The financial terms of the merger are not being disclosed and details about “branding, structure and leadership” will be shared once the deal is finalized in about a month.  ... Read More
Trivago eyes Spring for return of normal travel
News / Online
Trivago eyes Spring for return of normal travel
By Linda Fox | November 1, 2021
The company has seen gains in net income, total revenue and EBITDA as a result of a recovery in referral revenue and qualified referrals in Europe and the Americas.... Read More
Eco-friendly options and cost hit sustainable travel behavior
News / Online
Eco-friendly options and cost hit sustainable travel behavior
By Linda Fox | November 1, 2021
A report coinciding with the COP26 Summit found consumers often can't find or didn't realize sustainable travel options are available.... Read More
VIDEO: Lessons learned and staying the course as a travel startup
News / Technology
VIDEO: Lessons learned and staying the course as a travel startup
By PhocusWire | November 1, 2021
FutureStay has experienced what it takes to get a business up and running, including challenges around investment, building teams and sticking to a growth strategy.... Read More
Airline leaders debate NDC, digitalization, sustainability
News / Technology
Airline leaders debate NDC, digitalization, sustainability
By Mitra Sorrells | November 1, 2021
Panelists at an IATA event in Madrid included leaders from IATA, Lufthansa and Iberia.... Read More
Ten things to know about the short-term rental traveler
News / Online
Ten things to know about the short-term rental traveler
By Phocuswright Research | November 1, 2021
Everything to know about the short-term rental traveler, including who they are, their unique perspectives and lodging consideration sets.... Read More
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