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Latest News

Stay up to date with the latest travel technology news, startup updates, and industry developments from across the global travel ecosystem.

SoftBank leads $200M investment in serviced robotics company Keenon Robotics
News / Technology
SoftBank leads $200M investment in serviced robotics company Keenon Robotics
By Jill Menze | September 17, 2021
The Chinese company says the Series D round is the largest round of funding to-date in the service robot field.... Read More
CWT wipes out debt with recapitalization deal
News / Distribution
CWT wipes out debt with recapitalization deal
By Christina Jelski - Travel Weekly | September 16, 2021
The travel management company is getting $350 million in new equity funding and is eliminating almost $900 million in debt.... Read More
Hopjump becomes SmarterTravel, raises $9.5M
News / Online
Hopjump becomes SmarterTravel, raises $9.5M
By Linda Fox | September 16, 2021
SmarterTravel was one of eight companies acquired by Hopjump from Tripadvisor in 2020.... Read More
Vrbo expands program to woo Airbnb hosts, claims thousands have already joined
News / Online
Vrbo expands program to woo Airbnb hosts, claims thousands have already joined
By Kevin May | September 16, 2021
The Fast Start program began in the U.S. in March 2021 and is designed to help experienced hosts who haven't joined the site yet increase their visibility and earnings.... Read More
VIDEO: How can the concept of hope help the travel industry thrive?
News / Online
VIDEO: How can the concept of hope help the travel industry thrive?
By PhocusWire | September 16, 2021
Speaking during Phocuswright's Diversity in Leadership event, Accenture's Blair Taylor explains how the "persistent reality of hope" can help corporations confront challenges and find solutions.... Read More
eric-leopold-opinion-business-travel
Opinion / Technology
Why business travelers will care about personalized air travel
By Eric Leopold - Threedot | September 16, 2021
Information, care and personalization will restore trust in business travel, and new types of marketplaces will enable this to happen.  ... Read More
Voxel acquires Troovo to boost B2B payments platform
News / Technology
Voxel acquires Troovo to boost B2B payments platform
By Linda Fox | September 15, 2021
Voxel aquisition of Troovo’s gives it GDS connectivity as well as a decision engine, which optimizes payments.... Read More
DeepRoute gets $300M investment to expand robotaxi strategy
News / Technology
DeepRoute gets $300M investment to expand robotaxi strategy
By Kevin May | September 15, 2021
The U.S.-based company, which was founded just over two years ago, secured the Series B round from lead investor Alibaba Group.... Read More
What's next for NDC: Content investment and innovation
Opinion / Distribution
What's next for NDC: Content investment and innovation
By Adam Knights - ATPI | September 15, 2021
NDC might be viewed as a quiet storm that TMCs must prepare for as part of their role in offering content from multiple airline sources.... Read More
STARTUP STAGE: Your Rocket Fuel helps hotel sales teams generate corporate revenue
Interview / Startups
STARTUP STAGE: Your Rocket Fuel helps hotel sales teams generate corporate revenue
By Jill Menze | September 15, 2021
Launched in September 2020, Your Rocket Fuel combines data from public and private sources to predict company hotel and relocation demand.... Read More
pacaso-series-c-funding
News / Online
Pacaso raises $125M, expands vacation home co-ownership platform to Spain
By Mitra Sorrells | September 14, 2021
Launched in October 2020, Pacaso's valuation is now $1.5 billion, and it manages nearly $200 million in real estate.... Read More
cartrawler-ancillary-2021-report
News / Distribution
Airlines saw boost in revenue from ancillaries in 2020
By Mitra Sorrells | September 14, 2021
According to a report from CarTrawler, ancillaries accounted for more than 50% of revenue for four airlines in 2020.... Read More
SiteMinder secures $74M funding round, plots public listing
News / Distribution
SiteMinder secures $74M funding round, plots public listing
By Linda Fox | September 14, 2021
Existing shareholders AustralianSuper and equity funds managed by BlackRock, Ellerston Capital and Pendal Group have also participated.... Read More
VIDEO: Location targeting as a travel marketing tactic
News / Technology
VIDEO: Location targeting as a travel marketing tactic
By PhocusWire | September 14, 2021
Even with the looming threat of Big Tech hanging over the technical capabilities of travel brands to target consumers in a destination, brands still have plenty of tactics at their disposal.... Read More
Lufthansa and Travelport champion NDC with new distribution agreement
News / Distribution
Lufthansa and Travelport champion NDC with new distribution agreement
By Linda Fox | September 14, 2021
The launch of the long-term agreement will be in the first half of 2022 as both the airline and Travelport continue to develop functionality around the NDC technology standard.... Read More
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