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.

How Google’s monopoly ruling impacts travel search and bookings
News / Online
How Google’s monopoly ruling impacts travel search and bookings
By D.J. Catron | August 5, 2024
Travel companies have been complaining for years about Google’s digital search and advertising dominance. The biggest online travel agencies spent a combined $16.8 billion on sales and marketing last year – with much of it going to Google.... Read More
5 things to know about the U.S. hotel market
News / Online
5 things to know about the U.S. hotel market
By Phocuswright Research | August 5, 2024
Phocuswright shares data from its U.S. Travel Market Report 2023-2027 series, which includes detailed analysis of five segments: hotel and lodging, airline, car rental, cruise and packaged travel.... Read More
Is there untapped potential in hospitality subscriptions?
News / Online
Is there untapped potential in hospitality subscriptions?
By Morgan Hines | August 5, 2024
Travelers’ increased interaction with a brand could lead to high customer lifetime value - that’s where a hospitality subscription could provide real value as a stepping stone, experts say.... Read More
Why the travel industry should buy into the experience economy
Opinion / Online
Why the travel industry should buy into the experience economy
By Erika De Santi - WeRoad | August 2, 2024
Co-founder and chief of experience at WeRoad, Erika De Santi, shares why the travel industry should buy into the experience economy.... Read More
PhocusWire's weekly travel tech news briefs: Breeze Airways, Holibob, HRS, Mindtrip and more
News / Online
PhocusWire's weekly travel tech news briefs: Breeze Airways, Holibob, HRS, Mindtrip and more
By PhocusWire | August 2, 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
Booking Holdings touts alternative accommodation growth, success on social media
News / Online
Booking Holdings touts alternative accommodation growth, success on social media
By Mitra Sorrells | August 1, 2024
Booking Holdings said its alternative accommodation business is growing faster than its overall business and now has 7.8 million listings globally, up about 11% year over year.... Read More
Myne adds €40M for vacation home co-ownership platform expansion
News / Startups
Myne adds €40M for vacation home co-ownership platform expansion
By Linda Fox | August 1, 2024
The equity and debt round was led by Limestone Capital with existing investors Motive Ventures and Scope Hanson also involved.... Read More
Sabre raises 2024 outlook as Q2 results exceed expectations
News / Online
Sabre raises 2024 outlook as Q2 results exceed expectations
By Mitra Sorrells | August 1, 2024
Sabre's Q2 revenue was $767 million, with about 90% of that attributed to its Travel Solutions business that includes distribution and IT services for suppliers and buyers.  ... Read More
The power of data and AI for effective distribution and digital marketing in hospitality
News / Distribution
The power of data and AI for effective distribution and digital marketing in hospitality
By Mitra Sorrells | August 1, 2024
Cloudbeds’ Sebastien Leitner and Mirai’s Javier Delgado discuss how technology can help hoteliers create a great experience for guests that keeps them coming back.    ... Read More
How fintech companies are progressing in the travel space
News / Online
How fintech companies are progressing in the travel space
By Linda Fox | August 1, 2024
Whether they believe they can remove friction and/or offer something better than existing travel companies, payment specialists and financial institutions are looking to increase their stake in the industry.... Read More
Guesty unveils AI-driven messaging tool for short-term rentals
News / Technology
Guesty unveils AI-driven messaging tool for short-term rentals
By D.J. Catron | July 31, 2024
“ReplyAI” uses generative AI algorithms to analyze guest and host correspondence to guide future responses.... Read More
Amadeus reports revenue and profit gains for Q2 2024
News / Distribution
Amadeus reports revenue and profit gains for Q2 2024
By Linda Fox | July 31, 2024
Amadeus reported double digit increases in group revenue, air IT and hospitality in the second quarter of 2024.... Read More
Trivago deepens partnership with Holisto while reporting Q2 losses
News / Online
Trivago deepens partnership with Holisto while reporting Q2 losses
By Morgan Hines | July 30, 2024
As Trivago announced its new investment, the company reported total revenue for Q2 amounted to €118.6 million, down 5% from €124.4 million during the same period last year. ... Read More
U.K. regulator to investigate Amex GBT acquisition of CWT more closely
News / Distribution
U.K. regulator to investigate Amex GBT acquisition of CWT more closely
By Linda Fox | July 30, 2024
The Competition and Markets Authority in the U.K. has expressed concern that the merger could impact quality of service, pricing and/or lead to reduced innovation for the business travel customers of large corporations.... Read More
Spanish regulators fine Booking.com €413M
News / Online
Spanish regulators fine Booking.com €413M
By Mitra Sorrells and Derek Catron | July 30, 2024
Spanish authorities said Booking.com has violated competition laws by having an "unfair imbalance" in its relationship with hotels in the country and it has prevented other OTAs from "entering the market or expanding."... Read More
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