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.

How I Got Here, episode 63 - Noah Brodsky of Travel + Leisure
Interview / Online
How I Got Here, episode 63 - Noah Brodsky of Travel + Leisure
By PhocusWire | May 6, 2021
The formation of Travel + Leisure Co. in January this year marked an important milestone in the career trajectory of president of the Travel + Leisure Group, Noah Brodsky, as he explains to David Litwak of Mozio and PhocusWire's Kevin May.... Read More
booking-holdings-q1-2021
News / Online
Booking Holdings sees upward trend in Q1, focuses on buildout of connected trip
By Mitra Sorrells | May 5, 2021
Booking.com’s flight product, a key part of the connected trip, is now available in 18 countries, and Q1 had the highest number of air tickets ever booked in a single quarter.... Read More
Uber minimizes losses, hits gross bookings high in Q1 2021
News / Online
Uber minimizes losses, hits gross bookings high in Q1 2021
By Jill Menze | May 5, 2021
For Q1 2021, Uber recorded a net loss of $108 million compared to a net loss of $968 million in Q4 2020.... Read More
aruba-sita-indicio-covid-app
News / Technology
Aruba tests blockchain-enabled COVID credential app
By Mitra Sorrells | May 5, 2021
The Aruba Health App, developed by SITA and Indicio.tech, aims to preserve traveler privacy and eliminate fraud.... Read More
VIDEO: Capturing the social zeitgeist with Clubhouse for travel
News / Online
VIDEO: Capturing the social zeitgeist with Clubhouse for travel
By PhocusWire | May 5, 2021
The audio-only meeting and discussion app has only been in the market since March 2020 but has since ignited speculation ranging from it being a podcast-killer to the future of customer engagement and marketing.... Read More
Infare acquires business intelligence platform Air Cube
News / Technology
Infare acquires business intelligence platform Air Cube
By Kevin May | May 5, 2021
Infare and Air Cube - headquartered in Denmark and France respectively - first cemented a strategic partnership in 2015.... Read More
TripActions buys Reed & Mackay in first-ever acquisition
News / Online
TripActions buys Reed & Mackay in first-ever acquisition
By Jill Menze | May 5, 2021
The deal follows TripActions’ recent $155 million funding round in January, which signals a sign of confidence from investors in corporate travel startups helping fuel recovery.... Read More
Hotelbeds chairman steps down, new CEO appointed
News / Distribution
Hotelbeds chairman steps down, new CEO appointed
By Linda Fox | May 5, 2021
Joan Vilà is taking up a non-executive director role on the board of the Palma, Spain-based company and is handing the reins to newly appointed CEO, Nicolas Huss.... Read More
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
News / Online
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
By Jill Menze | May 4, 2021
Lyft revenue grew 7% quarter-over-quarter from $569.9 million to $609 million as the ride-share company continues its recovery from the coronavirus pandemic.... Read More
Expedia sells Egencia to American Express Global Business Travel
News / Online
Expedia sells Egencia to American Express Global Business Travel
By Kevin May | May 4, 2021
Expedia Group will become a shareholder in Amex GBT, and part of the agreement will see the pair enter a long-term strategic partnership.... Read More
Sabre sees U.S. bookings recovery, other markets slower
News / Distribution
Sabre sees U.S. bookings recovery, other markets slower
By Linda Fox | May 4, 2021
As the pandemic continues to impact the business, Sabre says operating losses were $203 million for the quarter compared to $151 million year-over-year.... Read More
Hotel professionals eye a 2023 recovery timeline, but too late for some
News / Distribution
Hotel professionals eye a 2023 recovery timeline, but too late for some
By Linda Fox | May 4, 2021
The pandemic has hit the hotel segment hard, with 15% preparing to hand the keys for their properties back to lenders.... Read More
tours-activities-benefit-from-covid
Opinion / Online
How tours and activities businesses can benefit from the COVID crash
By Yiannis Maglaras - Ticknovate | May 4, 2021
What we’ve learned from past crises is that businesses adapt, and often the successful ones create a new blueprint of doing things.... Read More
In The Big Chair - Roberto Martinoli of Silversea Cruises
Interview / Online
In The Big Chair - Roberto Martinoli of Silversea Cruises
By Mitra Sorrells | May 4, 2021
Founded in 1994 and now part of the Royal Caribbean Group, Silversea Cruises is an ultra-luxury cruise line with itineraries covering all seven continents and more than 900 destinations.... Read More
trivago-q1-2021
News / Online
Trivago sees referral revenue jump more than 60% in March
By Mitra Sorrells | May 3, 2021
Trivago's total revenue in the first quarter of this year was €38.2 million – a 73% drop compared to the first quarter of 2020.... Read More
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