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.

mmgy-reid-opinion-return-trends
Opinion / Online
Yes, there's crazy travel demand today. But what's next?
By Clayton Reid - MMGY | July 20, 2021
MMGY CEO Clayton Reid outlines the short- and long-term market conditions impacting the travel industry’s recovery.... Read More
OYO secures $660M loan, keeps focus on post-pandemic growth
News / Online
OYO secures $660M loan, keeps focus on post-pandemic growth
By Kevin May | July 19, 2021
The India-based company initially secured the agreement in May this year for the Term Loan B, a financial mechanism whereby the amortization is set for between five and eight years.... Read More
phocuswright-europe-female-founders
News / Startups
VIDEO: Tracking the journey for women founders in travel
By PhocusWire | July 19, 2021
Three women who have created travel companies discuss their personal experiences and the role of gender in the industry at large.... Read More
nethone-fundraise
News / Startups
E-commerce fraud fighter Nethone raises $6.7M
By Mitra Sorrells | July 19, 2021
Nethone, a Poland-based startup that provides fraud protection technology for travel suppliers, says it will use the funding to accelerate its go-to-market efforts and to develop new features.  ... Read More
softbank invests in yanolja
News / Online
SoftBank invests $1.7B into South Korean travel platform Yanolja
By Jill Menze | July 16, 2021
According to Yanolja, despite the impact of the coronavirus pandemic, the company achieved both net growth and gains in operating profit last year.... Read More
sounding-off-121
Interview / Online
Sounding Off: Let’s not waste the lessons of COVID
By PhocusWire | July 16, 2021
So in our eagerness to recover, to rebuild, to return to"normal, let us not be too eager to bury the lessons of this crisis but instead let’s use them as the foundation for a more humane future... Read More
Travel insurance platform Setoo merges with Pattern
News / Online
Travel insurance platform Setoo merges with Pattern
By Kevin May | July 16, 2021
Setoo was created in 2017 with a vision to provide travel businesses a way to automate the insurance process and to develop personalized cover plans for each traveler.... Read More
A smart revolution: Will the tech boom last in short-term rentals?
Opinion / Technology
A smart revolution: Will the tech boom last in short-term rentals?
By Sean Miller - PointCentral | July 16, 2021
Will property managers keep adopting new tech and refining their tech stacks? Or is there a saturation point?... Read More
VIDEO: Fornova - Launch pitch at Phocuswright Europe 2021
Interview / Distribution
VIDEO: Fornova - Launch pitch at Phocuswright Europe 2021
By PhocusWire | July 16, 2021
FornovaHL enables hotels to update their profiles and photos on Google My Business, Tripadvisor and Facebook from a secure, centralized, easy-to-use platform.... Read More
VIDEO: How one airline is unravelling from its last 18 months and looking ahead
News / Distribution
VIDEO: How one airline is unravelling from its last 18 months and looking ahead
By PhocusWire | July 16, 2021
It's been a tough year and a half for almost very airline on the planet. Some, as traffic fell away within days, ran medical supply flights and others pivoted to use some of their aircraft for cargo operations.... Read More
Taking mentorship in travel back to the basics
Opinion / Online
Taking mentorship in travel back to the basics
By Monya Mandich - Expedia Group Media Solutions | July 15, 2021
With travel and office culture returning, the industry faces new changes and challenges.... Read More
google-expands-travel-insights
News / Online
Google expands Travel Insights tools with new features, U.S. search data
By Mitra Sorrells | July 15, 2021
Following a partnership with the UNWTO announced in May, Google is now also working with Destinations International and HSMAI to hep destinations and hoteliers use travel search data more effectively.... Read More
VIDEO: Pace Revenue - Summit pitch at Phocuswright Europe 2021
Interview / Startups
VIDEO: Pace Revenue - Summit pitch at Phocuswright Europe 2021
By PhocusWire | July 15, 2021
Pace revenue makes it possible for hoteliers to fall in love with revenue management again through a number of solutions.... Read More
Expedia Group sells hotel operations platform Alice to ASG
News / Technology
Expedia Group sells hotel operations platform Alice to ASG
By Jill Menze | July 14, 2021
Expedia Group became a majority stakeholder in Alice after leading a $26 million funding round into the platform in 2017.... Read More
Former Uber exec leads $17.5M round into autonomous traffic management platform NoTraffic
News / Technology
Former Uber exec leads $17.5M round into autonomous traffic management platform NoTraffic
By Jill Menze | July 14, 2021
NoTraffic uses artificial intelligence to modernize traffic management and save cities on infrastructure and traffic management costs.... Read More
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