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.

Felyx secures €24M investment round, Europe expansion beckons for scooter service
News / Online
Felyx secures €24M investment round, Europe expansion beckons for scooter service
By Kevin May | February 15, 2021
The latest injection of capital brings the total raised by the four-year-old company to just over €28 million.... Read More
Sounding Off: Travel is done preserving - it's time to move on
Interview / Online
Sounding Off: Travel is done preserving - it's time to move on
By PhocusWire | February 12, 2021
Businesses do not (or at least should not) like luck being an important factor in how they operate. But it will probably end up playing a key role in how 2021 develops.... Read More
Luxury Escapes acquires Porter & Sail mobile concierge technology
News / Technology
Luxury Escapes acquires Porter & Sail mobile concierge technology
By Linda Fox | February 12, 2021
Caitlin Zaino, co-founder and CEO of Porter & Sail, joins Luxury Escapes as part of the acquisition of the mobile concierge technology.... Read More
pnp-digital-passport-panel
News / Technology
Health passport standards, interoperability critical for revival of international travel
By Mitra Sorrells | February 12, 2021
During a panel discussion hosted by Plug and Play, industry leaders stressed the need for fast solutions to spur travel this summer.... Read More
expedia-q4-2020-earnings
News / Online
Expedia Group pulls Vrbo from Google’s vacation rental metasearch product
By Mitra Sorrells | February 11, 2021
Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019.... Read More
BusUp accelerates away with $6M in funding
News / Startups
BusUp accelerates away with $6M in funding
By Linda Fox | February 11, 2021
BusUp is looking to expand in the U.S. and sees growing demand for commuter mobility services from corporates.... Read More
Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake
News / Startups
Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake
By Linda Fox | February 11, 2021
Lufthansa Group and Porsche are now minority stakeholders in the startup, with Porsche’s Forward31 venture arm acquiring a stake.... Read More
G Adventures gets financial backing from Certares
News / Online
G Adventures gets financial backing from Certares
By Kevin May | February 11, 2021
It is only the second time in the brand's history that it has disclosed external funding, although both occasions were via private equity agreements.... Read More
How I Got Here, episode 51 - Josh Wyatt of Generator Hostels
Interview / Online
How I Got Here, episode 51 - Josh Wyatt of Generator Hostels
By PhocusWire | February 11, 2021
Generator Hostels was a single-property hostel brand in London - but it was considered the perfect place to try out a new approach to the sector when Wyatt came onboard in 2007 with a pile of venture money.... Read More
STARTUP STAGE: Imagine Experiences wants to bring unique tours to locals and tourists
Interview / Startups
STARTUP STAGE: Imagine Experiences wants to bring unique tours to locals and tourists
By Linda Fox | February 11, 2021
The company has put together a network of expert tour guides to help design fresh ideas to attract locals as well as travelers, once restrictions lift.... Read More
Uber reports uptick in revenue as delivery remains bright spot
News / Online
Uber reports uptick in revenue as delivery remains bright spot
By Jill Menze | February 10, 2021
Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020.... Read More
Casai talks technology investment and data-driven decisions
News / Technology
Casai talks technology investment and data-driven decisions
By Linda Fox | February 10, 2021
For a company that set its strategy on offering smart rentals - its name translates as smart home - it concedes a need to ensure the business is getting the basics right.... Read More
Lastminute.com Group ends 2020 with 62% collapse in revenue
News / Online
Lastminute.com Group ends 2020 with 62% collapse in revenue
By Kevin May | February 10, 2021
The online travel agency business brought in €128.9 million in core revenues over the 12-month, pandemic-hit period.... Read More
tripbam-corporate-travel-covid-trends
News / Distribution
Why it’s a “buyer’s market” for corporate hotel rates
By Mitra Sorrells | February 10, 2021
According to Tripbam, the COVID-19 pandemic has caused shifts related to rates, star rates, locations and booking trends.... Read More
lyft-q4-2020
News / Online
Lyft revenue grows 14% in Q4 to $570M
By Mitra Sorrells | February 9, 2021
Lyft says it expects to be profitable no later than the fourth quarter of this year.... Read More
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