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.

lufthansa-amadeus
News / Distribution
Lufthansa Group renews IT partnership with Amadeus, adds digital services
By Linda Fox | February 18, 2020
While the deal was agreed in principle about a year ago, Amadeus says it has taken time to negotiate various elements included in it.... Read More
STARTUP STAGE: Amenitiz helps independent hotels tackle a digital world
Interview / Startups
STARTUP STAGE: Amenitiz helps independent hotels tackle a digital world
By Steven Lerner | February 18, 2020
Amenitiz is an all-in-one platform that allows independent hoteliers and vacation rental owners to address all digital needs in a centralized tool.... Read More
Will the travel industry adopt white box AI?
Opinion / Technology
Will the travel industry adopt white box AI?
By Norm Rose - Phocuswright | February 17, 2020
In the travel industry, we traditionally have a different term for a "black box," but in the context of AI, a black box output implies that it may be challenging for the target audience to understand the rational for a given decision.... Read More
oyo-fy19-financials
News / Distribution
International expansion swells losses for OYO to $335M
By Linda Fox | February 17, 2020
The company reported revenue of $951 million in its full-year earnings for 2019, a more than four-fold increase year-over-year.... Read More
Where are the new openings for startups in the travel industry?
Opinion / Startups
Where are the new openings for startups in the travel industry?
By Suzanna Chiu - Amadeus Ventures | February 17, 2020
There are three key areas where there are still plenty of opportunities for companies to bring some innovation to the industry and travelers.... Read More
chinese currency
News / Online
Trip.com Group wants $1.2B loan as coronavirus tests China’s economy
By Steven Lerner | February 17, 2020
As companies in China grapple with the economic impact of the coronavirus outbreak, the country’s largest online travel agency aims to gauge investor risk appetite.  ... Read More
siteminder-2019-booking-revenue
News / Distribution
Hotel websites hold firm in booking rankings, Airbnb makes progress
By Linda Fox | February 14, 2020
SiteMinder reveals the top sources of online bookings for hotels in 2019.... Read More
Sounding Off: Startups should consider giving something away for the greater good
Interview / Startups
Sounding Off: Startups should consider giving something away for the greater good
By PhocusWire | February 14, 2020
Peak Kayak and its investment/acquisition policy might seem alien to many startups or growing businesses as we enter the 2020s, but it shouldn't be ruled out for fear of dilution of the potential endgame... Read More
coronavirus-hotel-airline-revenue-management
News / Technology
Coronavirus upends revenue management strategies for hotels and airlines
By Mitra Sorrells | February 14, 2020
The growing coronavirus outbreak is creating challenges for revenue managers across all sectors of the travel industry.... Read More
Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high
News / Online
Barry Diller cites “dumb things” and “mistakes” as Expedia still ends 2019 on financial high
By Steven Lerner | February 14, 2020
In his first earnings call since taking over day-to-day operations for Expedia Group, Chairman Barry Diller very candidly outlined his 2020 plan to “drive sustained growth.”... Read More
cwt-messaging-service
News / Technology
CWT adds messaging service for travelers, ponders adding voice tech
By Linda Fox | February 13, 2020
The technology enables travelers to contact a counselor at any time of the day via desktop, mobile or a third party messaging app approved by their employer.... Read More
holibob-tour-activity-marketplace-startup
Interview / Startups
STARTUP STAGE: Holibob is a marketplace connecting activity suppliers with resellers
By Mitra Sorrells | February 13, 2020
Holibob is a B2B marketplace for tours and experiences that provides resellers such as airlines, hotels, travel agents and OTAs with an inventory that has been vetted for safety and quality. ... Read More
Tripadvisor ends 2019 with revenue fall, remains optimistic about 2020
News / Online
Tripadvisor ends 2019 with revenue fall, remains optimistic about 2020
By Steven Lerner | February 13, 2020
Total revenue for the fourth quarter slipped 3% year-over-year to $335 million.... Read More
How I Got Here, episode 24 - Steve Hafner of Kayak
Interview / Online
How I Got Here, episode 24 - Steve Hafner of Kayak
By PhocusWire | February 13, 2020
When the definitive history of online travel is written in the decades to come, Steve Hafner will be remembered for many things - one of which being his part in creating Kayak in 2004.... Read More
Revenue drops for Trivago as challenges from Google, Coronavirus escalate
News / Online
Revenue drops for Trivago as challenges from Google, Coronavirus escalate
By Steven Lerner | February 12, 2020
Axel Hefer, CEO of Trivago, wants to “challenge” the way business is done with Google after the Düsseldorf, Germany-based company posted disappointing financial results.... Read More