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.

Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery
News / Online
Trivago sees revenue slump 70% in 2020, bets on local travel to fuel recovery
By Jill Menze | February 9, 2021
Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic.... Read More
CLEAR raises $100M to expand beyond aviation
News / Technology
CLEAR raises $100M to expand beyond aviation
By Jill Menze | February 9, 2021
Investors in the round include Danny Meyer’s Enlightened Hospitality Investments, NFL investment arm 32 Equity and the Partnership Fund for New York City.... Read More
TUI continues cost-saving program, looks to summer recovery
News / Distribution
TUI continues cost-saving program, looks to summer recovery
By Linda Fox | February 9, 2021
The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months.... Read More
Fastpayhotels acquires accommodation business assets of North America Destinations
News / Distribution
Fastpayhotels acquires accommodation business assets of North America Destinations
By Kevin May | February 9, 2021
Some 300 clients of North America Destinations in the U.S., Canada, Brazil, Argentina, Chile, Paraguay and Colombia will also get last-minute availability and access to thousands of vacation rental properties.... Read More
The COVID travel rebound is coming - is your business prepared?
Opinion / Technology
The COVID travel rebound is coming - is your business prepared?
By Jackie Velez - Xero | February 9, 2021
Travel brands should consider these key steps in order to successfully capture the COVID travel rebound.... Read More
getaway-42M-funding
News / Startups
Certares leads $42M Series C for cabin-rental platform Getaway
By Mitra Sorrells | February 8, 2021
Getaway says it had 150% year-over-year growth in 2020 and plans to rapidly expand.... Read More
Go2Joy raises $2.3M in Series A+ round
News / Startups
Go2Joy raises $2.3M in Series A+ round
By Linda Fox | February 8, 2021
Vietnam-based hotel booking specialist Go2Joy plans to use its Series A+ funding for sales and marketing.... Read More
optii-solutions-opinion-cleaning
Opinion / Online
What COVID-induced changes in hospitality are here to stay?
By Soenke Weiss - Optii Solutions | February 8, 2021
The founder and chief strategy officer of Optii Solutions says hotels should expect enhanced operational and cleaning protocols to be the norm for years to come.  ... Read More
timeshifter-2-million
News / Startups
Jet-lag app Timeshifter raises $2M as it launches new product for shift workers
By Mitra Sorrells | February 5, 2021
The company has partnerships with travel brands including Tripadvisor, Travelperk, SAP Concur, CWT and United Airlines.... Read More
Airbnb creates tool for hosts to confirm guests’ COVID status
News / Technology
Airbnb creates tool for hosts to confirm guests’ COVID status
By Kevin May | February 5, 2021
The Health Safety Assertion tool allows hosts to request guests declare their status in relation to COVID-19 symptoms. Guests will also be asked to disclose if they have recently been exposed to the virus.... Read More
On the Beach hopes to boost market share through recent investments
News / Online
On the Beach hopes to boost market share through recent investments
By Linda Fox | February 5, 2021
On the Beach says consumer demand is very weak currently with traffic, bookings and online marketing spend for four months ended January 31, 2021, down more than 70%.... Read More
Sounding Off: Why startups should be careful with their roadmaps
Interview / Startups
Sounding Off: Why startups should be careful with their roadmaps
By PhocusWire | February 5, 2021
Thankfully, the sector has (mostly) moved on from the days of the "travel is totally broken - we're going to fix it" messaging from startups.... Read More
yatra-q3-2021
News / Online
Yatra sees improving India domestic market, international remains slow
By Linda Fox | February 5, 2021
Yatra says new corporate travel signings are boosting its growth and that it also has a growing pipeline of potential customers.... Read More
Tripadvisor's Bokun creates activities service with JTB online giant in Japan
News / Distribution
Tripadvisor's Bokun creates activities service with JTB online giant in Japan
By Kevin May | February 5, 2021
JTB Bokun is the first partnership by the Bokun tours and activities tech platform with a domestic OTA.... Read More
your-rentals-refund-data
News / Distribution
Fully refundable vacation rentals get 4.2X more bookings, higher revenue
By Mitra Sorrells | February 5, 2021
Data from Your.rentals shows January bookings were 92% of pre-COVID levels for properties with fully refundable cancellation policies, but only 23% of the norm for those with partial or non-refundable policies. ... Read More
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