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.

Grab boosts liquidity with $2B loan facility
News / Online
Grab boosts liquidity with $2B loan facility
By Linda Fox | February 1, 2021
Grab says the five-year term loan enables it to boost liquidity and mix up its funding sources.... Read More
Chinese travelers more positive about travel in 2021 than regional neighbors
News / Online
Chinese travelers more positive about travel in 2021 than regional neighbors
By Linda Fox | February 1, 2021
Domestic searches led in December 2020 in many APAC countries with the exception of Singapore, according to Expedia's research.... Read More
Airbnb CEO Brian Chesky: "It's going to be a year of focus"
News / Online
Airbnb CEO Brian Chesky: "It's going to be a year of focus"
By Jill Menze | February 1, 2021
Speaking during Bloomberg's The Year Ahead event, Brian Chesky discussed Airbnb's priorities, market volatility and the future of travel.... Read More
wit-rerun-klook-2021
News / Distribution
Klook on what it will mean to win in 2021
By Yeoh Siew Hoon - WiT | February 1, 2021
Fresh from raising another $200 million, Klook co-founder and COO Eric Gnock Fah spoke to WiT’s Yeoh Siew Hoon about the new funding and investing for the future.... Read More
Sounding Off: The real key to getting bookings? Inspiring traveler confidence
Interview / Online
Sounding Off: The real key to getting bookings? Inspiring traveler confidence
By PhocusWire | January 29, 2021
The travel industry isn’t good at negative messaging, with one or two exceptions, but some say now is a good time to find some positives by exploiting a little of the negative.... Read More
travalyst-coalition-report
News / Online
Prince Harry-backed Travalyst coalition urges industry collaboration to “rebuild more responsibly”
By Mitra Sorrells | January 29, 2021
Former Skyscanner CEO Bryan Dove is now chairing the coalition, working alongside Prince Harry, The Duke of Sussex, who launched it in 2019 with Booking.com, Skyscanner, Trip.com Group, Tripadvisor and Visa.... Read More
In the new world of business travel, traveler wellbeing must come first
Opinion / Technology
In the new world of business travel, traveler wellbeing must come first
By Scott Sunderman - Collinson | January 29, 2021
For essential travel in the COVID era, employees need robust pre‐travel screenings, 24/7 access to medical and travel advice and detailed contingency plans.... Read More
Tripadvisor creates virtual destination tour via Amazon Alexa
News / Online
Tripadvisor creates virtual destination tour via Amazon Alexa
By Kevin May | January 29, 2021
The idea is that Alexa prompts users to choose their own tour, allowing them to visit over several minutes such attractions as nature spots, landmarks, cultural locations and restaurants.... Read More
WEBINAR REPLAY! Connected trip - Is it still relevant in 2021?
News / Technology
WEBINAR REPLAY! Connected trip - Is it still relevant in 2021?
By PhocusWire | January 29, 2021
Before the pandemic the idea of the “connected trip” was widely discussed in the travel industry. But how will it evolve in a post-pandemic environment.... Read More
startup-stage-youtip
Interview / Startups
STARTUP STAGE: Youtip provides digital tipping for hotels, tour operators and more
By Mitra Sorrells | January 29, 2021
Users scan QR codes or tap links in email or text messages to access the payment system.... Read More
How travel app usage paints another picture of travel's fate in 2020
News / Online
How travel app usage paints another picture of travel's fate in 2020
By Linda Fox | January 28, 2021
Travel apps went quiet as the pandemic hit but there were some notable exceptions such as Airbnb and Vrbo.... Read More
Trekksoft revenues drop 30% during pandemic-stricken 2020
News / Distribution
Trekksoft revenues drop 30% during pandemic-stricken 2020
By Kevin May | January 28, 2021
The Switzerland-based company captured $7.2 million in revenue during 2020, as the coronavirus pandemic crushed the tours and activities sector worldwide.... Read More
StayNTouch appoints industry veteran Tom Underwood as CEO
News / Technology
StayNTouch appoints industry veteran Tom Underwood as CEO
By Kevin May | January 28, 2021
StayNTouch had originally been sold to Chinese digital giant Shiji Information Technology in September 2018 for an undisclosed fee - but president Trump nixed the deal last year.... Read More
As short-term rental demand slumps, destination markets prove bright spot
News / Online
As short-term rental demand slumps, destination markets prove bright spot
By Jill Menze | January 28, 2021
While overall, short-term rental demand dropped by 15.3% in December 2020, demand trends vary considerably by location type.... Read More
Bbot adds $4M to seed round for hospitality ordering tech
News / Startups
Bbot adds $4M to seed round for hospitality ordering tech
By Linda Fox | January 27, 2021
Bbot will put the funds towards product development including the release of an API.... Read More
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