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.

Consortium led by Certares will invest €125M as part of agreement with FTI Group
News / Online
Consortium led by Certares will invest €125M as part of agreement with FTI Group
By Morgan Hines | April 18, 2024
FTI Group will use the new funding to bolster growth and pay for a “digital transformation.”... Read More
Ramp raises $150M to bring AI to spend management
News / Startups
Ramp raises $150M to bring AI to spend management
By Linda Fox | April 18, 2024
Eric Glyman, co-founder and CEO of Ramp, said the funding would go to "the next wave of innovation," which includes AI developments.... Read More
Travel companies navigate changes to Google’s search function
News / Technology
Travel companies navigate changes to Google’s search function
By Morgan Hines | April 18, 2024
Some travel companies have seen changes in search results following Google’s latest update, which addresses in part “low quality AI-generated content that’s designed to attract clicks.” ... Read More
Skyports lands $110M for air taxi infrastructure development in Dubai
News / Startups
Skyports lands $110M for air taxi infrastructure development in Dubai
By Linda Fox | April 17, 2024
After announcing a deal to develop vertiports in Dubai earlier this year, Skyports has received investment from ACS Group to help build the air taxi infrastructure.... Read More
Expedia Group launches sustainable programs for destinations
News / Online
Expedia Group launches sustainable programs for destinations
By D.J. Catron | April 17, 2024
The programs are designed to help destination marketing and management organizations promote sustainable travel and tourism in their communities.  ... Read More
Google spotlights more sustainable ways to travel
News / Online
Google spotlights more sustainable ways to travel
By D.J. Catron | April 17, 2024
Google is launching new and expanded features in its Maps and Search functions for users seeking more sustainable travel options.  ... Read More
Profitroom sells majority stake, plots expansion
News / Technology
Profitroom sells majority stake, plots expansion
By Linda Fox | April 17, 2024
Funds from Profitroom's sale of a 65% stake will help it drive expansion.... Read More
Is technology bringing the "perfect trip" nearer?
News / Technology
Is technology bringing the "perfect trip" nearer?
By Linda Fox | April 17, 2024
PhocusWire talks to Steve Singh, Concur co-founder and former CEO turned travel startup investor, on how technology is keeping the drive for the "perfect trip" alive.... Read More
Airbnb calls for STR policies for renters
News / Online
Airbnb calls for STR policies for renters
By D.J. Catron | April 16, 2024
Airbnb announced plans to work with local governments in support of short-term rental rules that will allow renters to earn extra income by sharing their home.  ... Read More
Exoticca secures €4M for further expansion
News / Startups
Exoticca secures €4M for further expansion
By D.J. Catron | April 16, 2024
Exoticca CEO Pere Vallés said the funding would help the company’s expansion in Latin America.... Read More
Travel startup funding and M&A activity in Q1 2024
News / Startups
Travel startup funding and M&A activity in Q1 2024
By Linda Fox | April 16, 2024
Phocuswright's Travel Startups Interactive Database shows that after a down year in 2023, funding for travel startups has increased in the first quarter of 2024.  ... Read More
Trip.com Group’s Trip.Biz launches business travel booking app
News / Technology
Trip.com Group’s Trip.Biz launches business travel booking app
By Morgan Hines | April 15, 2024
Trip.Biz, a digital travel management company, aims to revolutionize the organization of business travel.... Read More
Scandinavian airline market excels, but risks remain
News / Online
Scandinavian airline market excels, but risks remain
By Phocuswright Research | April 15, 2024
The outlook in the Scandinavia travel market through 2027 is positive, with double-digit growth expected each year, but there are many factors that threaten a sustained recovery.... Read More
Can trip planning startups ever succeed?
Opinion / Startups
Can trip planning startups ever succeed?
By Christian Watts - Magpie | April 15, 2024
If somebody builds the ultimate tool, which actually works, has access to all the world’s travel information and has all of the bells and whistles that one could hope for, does that mean people will actually use it?... Read More
CharitableBookings.com raises £5M
News / Startups
CharitableBookings.com raises £5M
By D.J. Catron | April 12, 2024
After raising the funds from angel investors, the booking platform seeks to generate more donations for charities through travel bookings made by its members.  ... Read More
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