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.

cabify-electric-vehicles
News / Online
Cabify gets EU bank loan for electric vehicle rollout
By Linda Fox | May 12, 2022
The investment will help Cabify achieve its target of a zero-emission fleet in Spain by 2025 and worldwide by 2030.... Read More
vacasa-q1-2022
News / Online
Vacasa Q1 2022 revenue nearly doubles year-over-year
By Mitra Sorrells | May 11, 2022
Vacasa says in January it reached a milestone of generating more than $1 billion in rental income for its homeowners over the preceding 12 months.... Read More
sonder-q1-2022-earnings
News / Online
Sonder revenue slips due to omicron in Q1 2022
By Jill Menze | May 11, 2022
For Q1 2022, Sonder revenue decreased from the previous quarter to $80.5 million, while adjusted EBITDA was negative $83.5 million.... Read More
airbnb-may-22-updates
News / Online
Airbnb enables “split stays” to ease inventory woes
By Mitra Sorrells | May 11, 2022
"Split stays" are part of Airbnb's newest version of its platform, described as “the biggest change to Airbnb in a decade.”  ... Read More
retravel-atriis
News / Startups
Atriis acquires ReTravel to boost corporate traveler engagement
By Linda Fox | May 11, 2022
Atriis says the acquisition "furthers its commitment to offer traveler-centric technology.”... Read More
faye-8-million-funding
News / Startups
Faye collects $8M in funding for its travel insurance app
By Jill Menze | May 11, 2022
Built amid the pandemic and launched earlier this year, Faye allows travelers to file claims and receive reimbursement via its app.... Read More
Travel booking windows increasing as consumers look ahead
News / Online
Travel booking windows increasing as consumers look ahead
By Linda Fox | May 11, 2022
The seven-day booking window trend seen in the pandemic is declining across EMEA and the Americas.... Read More
Bookaway revs up with $35M in Series C funding
News / Startups
Bookaway revs up with $35M in Series C funding
By Linda Fox | May 10, 2022
The company, whose brands include 12Go, GetByBus and Plataforma 10, has now raised a total of $80 million.  ... Read More
oyo-vacation-rental-direct-booker
News / Online
OYO acquires vacation rental business Direct Booker
By Linda Fox | May 10, 2022
Croatia-based vacation rental management company Direct Booker is said to have more than 3,000 homes on its platform.... Read More
arlt-opinion-meaningful-tourism
Opinion / Online
Why the world needs “Meaningful Tourism”
By Wolfgang Georg Arlt - China Outbound Tourism Research Institute | May 10, 2022
“Meaningful Tourism” is based on a return to benefits for all stakeholders - guests, host communities, tourism employees, the government and the environment.... Read More
intrepid-invests-cabn
News / Online
Intrepid Travel funnels $7.85M into Australian eco-friendly cabin provider
By Jill Menze | May 10, 2022
With the investment, off-grid accommodations provider CABN plans to grow from 11 sustainable cabins to more than 70 across the country.... Read More
Sabre acquires Nuvola to enrich hospitality retailing solutions
News / Distribution
Sabre acquires Nuvola to enrich hospitality retailing solutions
By Jill Menze | May 9, 2022
With Nuvola, Sabre aims to tackle the on-property fulfillment challenges that arise for hoteliers offering a wide range of ancillaries and attributes.... Read More
Iomob partners with Next Earth metaverse for journey planning
News / Technology
Iomob partners with Next Earth metaverse for journey planning
By Linda Fox | May 9, 2022
The aim of the partnership is to collaborate on the development of a service to plan real-life journeys via the metaverse.... Read More
Hotailors rebrands to WorkTrips, bags €23M investment
News / Startups
Hotailors rebrands to WorkTrips, bags €23M investment
By Linda Fox | May 9, 2022
The funding will go toward rebranding Hotailors as well as boosting its presence in existing markets and extending the platform to new markets.... Read More
Inside Expedia Group's new unified loyalty program
News / Online
Inside Expedia Group's new unified loyalty program
By Jill Menze | May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands.... Read More
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