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.

Short-term rentals had up and down year, AirDNA report finds
News / Online
Short-term rentals had up and down year, AirDNA report finds
By Derek Catron | January 25, 2024
Growth in supply outpaced demand, yet the sector saw a record $64 billion in revenues amid high-profile regulatory action.  ... Read More
American Airlines doubles down on digital distribution strategy
News / Distribution
American Airlines doubles down on digital distribution strategy
By Linda Fox | January 25, 2024
American Airlines said 80% of bookings currently come via internet-based channels with 65% of that coming from its website and mobile app.... Read More
How AI is altering travel companies’ C-suites and hiring strategy
News / Technology
How AI is altering travel companies’ C-suites and hiring strategy
By Morgan Hines | January 25, 2024
Travel companies are shaking up their C-suites to adapt to new needs being brought on by generative AI. And the changes go further than creating new roles.... Read More
Japan-based hotel tech company Tripla targets SE Asia growth with latest acquisition
News / Technology
Japan-based hotel tech company Tripla targets SE Asia growth with latest acquisition
By Mitra Sorrells | January 24, 2024
Tripla has acquired Singapore-based Endurance Technology Solutions, which develops and sells the Pelican Hotel Solution - a reservation system that works with major overseas channel managers.... Read More
Google under fire for proposed changes to search in Europe
News / Online
Google under fire for proposed changes to search in Europe
By Linda Fox | January 24, 2024
The search giant has been criticized for not engaging with businesses on planned changes to comply with the Digital Markets Act as well as falling short of the regulation's requirements with those changes.... Read More
InteleTravel acquires global events agency MGME
News / Online
InteleTravel acquires global events agency MGME
By Derek Catron | January 24, 2024
The deal comes less than a year after InteleTravel acquired corporate travel alliance Hickory Global Partners; the company seeks to leverage its shared resources.  ... Read More
Gen Z, millennials continue to seek inspiration from social platforms
News / Online
Gen Z, millennials continue to seek inspiration from social platforms
By Linda Fox | January 24, 2024
Instagram and YouTube are the top sources of inspiration for millennials and Gen Z, according to research from Klook.... Read More
MakeMyTrip hails best ever quarter driven by high travel demand
News / Online
MakeMyTrip hails best ever quarter driven by high travel demand
By Linda Fox | January 24, 2024
The India online travel agency made revenue gains across flights, hotels and packages and bus transportation.... Read More
Visit Group lands €100M strategic investment from PSG
News / Technology
Visit Group lands €100M strategic investment from PSG
By Derek Catron | January 23, 2024
The investment gives PSG a majority stake in Visit Group, which looks to use it to accelerate growth across the Nordic region.... Read More
TravelPerk adds $104M to launch new business travel services
News / Startups
TravelPerk adds $104M to launch new business travel services
By Linda Fox | January 23, 2024
TravelPerk plans to put the funds towards boosting its platform with new inventory capabilities as well as the launch of new business travel services and further product automation driven by artificial intelligence.... Read More
TourRadar, Kimkim on shifts and opportunities in multi-day trips
News / Online
TourRadar, Kimkim on shifts and opportunities in multi-day trips
By Mitra Sorrells | January 23, 2024
In a discussion in the PhocusWire studio, TourRadar chief marketing officer Christian Wolters and Kimkim founder Joost Schreve discussed their marketing strategies, sustainability efforts and how they are using generative artificial intelligence.... Read More
Daytrip drives off with $10M for expansion of door-to-door platform
News / Startups
Daytrip drives off with $10M for expansion of door-to-door platform
By Linda Fox | January 23, 2024
The funding will go towards further development of the platform as well as expanding into new countries including the United States.... Read More
5 truths for travel marketers: 2024 update
Opinion / Technology
5 truths for travel marketers: 2024 update
By Jared Alster - Dune7 | January 23, 2024
Generative AI is both friend and foe for travel marketers, and Google remains the dominant search player. Read on as Dune7's Jared Alster updates on the travel marketing truths he laid down in 2023.... Read More
Middle East business travel platform Tumodo raises $35M
News / Startups
Middle East business travel platform Tumodo raises $35M
By Mitra Sorrells | January 22, 2024
Founded in 2023, Tumodo said it already works with 100 companies in the MENA region and aims to expand to 25 countries worldwide by 2026.... Read More
Staying awake for “night tourism” in Northeast Asia
News / Online
Staying awake for “night tourism” in Northeast Asia
By Phocuswright Research | January 22, 2024
Destinations seeking to boost leisure spending at night is one of three trends Phocuswright has identified in the Northeast Asia travel market.... Read More
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