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.

Expensify to launch travel platform
News / Online
Expensify to launch travel platform
By Morgan Hines | May 8, 2024
Expensify Travel will exist as part of a partnership between Expensify and Spotnana and has been built on Spotnana’s travel-as-a-service platform.... Read More
Amadeus reports "solid start" to 2024
News / Distribution
Amadeus reports "solid start" to 2024
By Linda Fox | May 8, 2024
Group revenue for the Madrid-based business rose to €1.5 billion, a 14% increase versus the same quarter in 2023.... Read More
Wayve raises more than $1B in Series C
News / Technology
Wayve raises more than $1B in Series C
By Morgan Hines | May 7, 2024
The AI-powered autonomous driving company plans to use the new funding to bolster its goal of reimagining autonomos mobility through embodied intelligence.... Read More
CEO Spotlight - Kurt Ekert of Sabre
Interview / Distribution
CEO Spotlight - Kurt Ekert of Sabre
By Linda Fox | May 7, 2024
Kurt Ekert joined Sabre as president in January 2022 and became CEO in April 2023. Prior to that he had most recently been president and CEO of CWT and chief commercial officer at Travelport.... Read More
STARTUP STAGE: Levee uses AI and computer vision to provide quality control for hotels
Interview / Startups
STARTUP STAGE: Levee uses AI and computer vision to provide quality control for hotels
By Mitra Sorrells | May 7, 2024
Levee uses proprietary AI models trained on the hotels’ unique data and quality control requirements to create self-inspection tools for housekeeping staff.... Read More
India-based travel distribution platform TBO to open IPO
News / Online
India-based travel distribution platform TBO to open IPO
By Mitra Sorrells | May 6, 2024
The company said it will use the proceeds to invest in its technology and data solutions, to add new buyers and suppliers and to pursue acquisitions.... Read More
U.S. OTAs pass $100B revenue mark for first time
News / Distribution
U.S. OTAs pass $100B revenue mark for first time
By Phocuswright Research | May 6, 2024
As the digital landscape evolves, U.S. OTAs continue growing, with 2023 witnessing a solid yet decelerated 14% expansion in response to a stabilizing consumer demand post-pandemic.... Read More
Airbnb’s “Icons” launch prompts mixed reaction from industry voices
News / Online
Airbnb’s “Icons” launch prompts mixed reaction from industry voices
By Morgan Hines | May 6, 2024
Some industry leaders are in favor of Airbnb's new limited-access, unconventional experiences that tie into pop culture while others are feeling underwhelmed... Read More
Travelsoft acquires Eventiz to bring data to the industry
News / Online
Travelsoft acquires Eventiz to bring data to the industry
By Linda Fox | May 3, 2024
The acquisition is in line with Travelsoft’s strategy “to bring to the market the benefits of the data processed by the group's platforms."... Read More
Incoming Expedia Group CEO Ariane Gorin emphasizes AI, personalization
News / Online
Incoming Expedia Group CEO Ariane Gorin emphasizes AI, personalization
By Morgan Hines | May 2, 2024
Ariane Gorin shared her plans as the incoming CEO of Expedia Group while the company reported earnings, tempering booking expectations for 2024.... Read More
Booking Holdings beats earnings expectations, talks up AI potential
News / Online
Booking Holdings beats earnings expectations, talks up AI potential
By D.J. Catron | May 2, 2024
First quarter revenues of $4.4 billion represented a 17% increase over the same period last year, and net income of $776 million was nearly three times higher than Q1 in 2023.  ... Read More
Guesty acquires Rentals United
News / Distribution
Guesty acquires Rentals United
By Morgan Hines | May 2, 2024
STR property management platform Guesty has acquired cloud-based distribution platform Rentals United to create new revenue opportunities and expand offerings.... Read More
Joyned releases AI planner to drive social revenue for online travel vendors
News / Technology
Joyned releases AI planner to drive social revenue for online travel vendors
By D.J. Catron | May 2, 2024
The tool enables users to discuss, decide and book together, straight from the vendor’s website.... Read More
Sabre says growth strategy beginning to pay off
News / Distribution
Sabre says growth strategy beginning to pay off
By Linda Fox | May 2, 2024
Sabre president and CEO Kurt Ekert said margin expansion for the distribution company was driven by revenue growth, efficiency improvements and progress on its technology transformation.... Read More
Travelier acquires DeÔnibus to boost footprint in Latin America
News / Technology
Travelier acquires DeÔnibus to boost footprint in Latin America
By Linda Fox | May 2, 2024
DeÔnibus, founded in 2012 as “Brazil by bus,” had raised $700,000 from venture capital firm ACE Ventures and angel investors.... Read More
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