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.

Q&A: Travelport's Greg Webb talks future of NDC, IT outage, more
News / Online
Q&A: Travelport's Greg Webb talks future of NDC, IT outage, more
By Morgan Hines | August 12, 2024
At the Global Business Travel Association conference in Atlanta late last month, Greg Webb sat down with PhocusWire for a wide-ranging interview on the travel industry, Travelport and more.... Read More
Berlin-based YGO Trips receives €2.5M in funding
News / Startups
Berlin-based YGO Trips receives €2.5M in funding
By Morgan Hines | August 9, 2024
The company, founded in January 2023, focuses on an all-in-one approach to customizable travel booking with fair prices made possible by AI solutions.... Read More
Vacasa secures $30M in funding, business transformation ongoing
News / Distribution
Vacasa secures $30M in funding, business transformation ongoing
By Linda Fox | August 9, 2024
Vacation rental management company Vacasa announced a business transformation in May and has now secured financing of $30 million.... Read More
PhocusWire's weekly travel tech news briefs: Kayak, Southwest Airlines, Sabre and more
News / Online
PhocusWire's weekly travel tech news briefs: Kayak, Southwest Airlines, Sabre and more
By PhocusWire | August 9, 2024
 Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup.... Read More
AI-powered travel technology company FLYR raises $295M
News / Technology
AI-powered travel technology company FLYR raises $295M
By Morgan Hines | August 8, 2024
The funding will be used to speed FLYR’s delivery of modern reservation systems, to allow AI-based decision automation and to elevate digital channels for airlines and hospitality brands.... Read More
Expedia sees rise in Q2 earnings – but warns of “softening travel demand”
News / Online
Expedia sees rise in Q2 earnings – but warns of “softening travel demand”
By D.J. Catron | August 8, 2024
New CEO Ariane Gorin oversaw 6% increases year over year in gross bookings and revenue in Q2, but a slow July has the company expecting those numbers to fall between 3-5% for Q3.... Read More
IHG bookings from own channels hit 80%
News / Technology
IHG bookings from own channels hit 80%
By Linda Fox | August 8, 2024
Holiday Inn-parent IHG shares progress on its investments in technology and loyalty, including the implementation of a new revenue management system and property management system.... Read More
Hopper doubles down on HTS to power banks and credit cards to “build new space in travel”
News / Distribution
Hopper doubles down on HTS to power banks and credit cards to “build new space in travel”
By Yeoh Siew Hoon – Web In Travel | August 8, 2024
With five partnerships with banks and credit cards in place in the United States, Brazil, Australia, Japan and South Korea, Hopper is doubling down on growing HTS (Hopper Technology Solutions).  ... Read More
Will Airbnb’s eventual relaunch of Experiences be successful?
News / Online
Will Airbnb’s eventual relaunch of Experiences be successful?
By Morgan Hines | August 8, 2024
Industry experts’ opinions vary as to whether Airbnb can pull off a successful relaunch of its Experiences vertical.... Read More
Airbnb focused on “strategic priorities” amid solid second quarter
News / Online
Airbnb focused on “strategic priorities” amid solid second quarter
By Morgan Hines | August 6, 2024
Airbnb is looking ahead to expanding beyond its “core,” including the eventual relaunch of Airbnb Experiences, among other new features to roll out later this year and beyond.... Read More
Seeking “deeper engagement,” Tripadvisor launches in-app hotel bookings
News / Online
Seeking “deeper engagement,” Tripadvisor launches in-app hotel bookings
By D.J. Catron | August 6, 2024
A partnership with Hopper’s HTS will power in-app booking for Tripadvisor, which also announced that revenues for the second quarter rose by 1% year over year.  ... Read More
Travel industry reacts to Google antitrust, monopoly ruling
News / Online
Travel industry reacts to Google antitrust, monopoly ruling
By Morgan Hines | August 6, 2024
What kind of impact does the industry expect to see as a result of the Google antitrust ruling? Do travel leaders expect to see big changes? ... Read More
Winding Tree winds up blockchain travel distribution effort
News / Distribution
Winding Tree winds up blockchain travel distribution effort
By Linda Fox | August 6, 2024
Blockchain-based travel booking tech company Winding Tree has ceased operations with the company saying it failed to find a product market fit.... Read More
Digital tipping growth offers corporate travel an avenue to examine policies
News / Technology
Digital tipping growth offers corporate travel an avenue to examine policies
By Michael B. Baker – Business Travel News | August 6, 2024
Grazzy is one of several platforms that hotels are adopting to offer digital tipping opportunities to customers, and other service providers that traditionally have relied on cash tips have been adding digital solutions as well.  ... Read More
Winners, wipeouts and travel tech bets
News / Technology
Winners, wipeouts and travel tech bets
By Linda Fox | August 6, 2024
The increased M&A activity in travel is seeing companies such as Juniper Group, Mews and Lighthouse scoop up smaller travel technology providers and startups.... Read More
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