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.

Online travel fraud is fraud, it's not the fault of online or travel
News / Distribution
Online travel fraud is fraud, it's not the fault of online or travel
By Martin Cowen | April 6, 2016
The British association of travel agencies' latest fraud report has done the rounds in the UK mainstream and trade media, and as usual, the evil internet is to blame for a 425% increase in reported tr... Read More
Travelport acquires Galileo Japan
News / Distribution
Travelport acquires Galileo Japan
By Sean O'Neil | April 5, 2016
Travelport has acquired one of its distributors, Galileo Japan, from a consortium of airlines. The technology company, which runs one of the world's global distribution systems, will build a fresh... Read More
Lola, a travel concierge startup, closes its $19.7 million Series A
News / Online
Lola, a travel concierge startup, closes its $19.7 million Series A
By Sean O'Neil | April 5, 2016
The founding of Lola, a travel technology startup, might feel like the Oceans 11 movie series, as it is bringing together a constellation of industry boldfaced names to pull off an ambitious caper.... Read More
Cox & Kings sells LateRooms for £20m
News / Distribution
Cox & Kings sells LateRooms for £20m
By Martin Cowen | April 5, 2016
Indian-based tour operator Cox and Kings (C&K) has sold LateRooms.com for £20 million, less than six months after buying it from TUI Group for only £8.5m. TUI Group declined to specify how much... Read More
AccorHotels spends big on home rentals with Euro 148 million onefinestay deal
News / Distribution
AccorHotels spends big on home rentals with Euro 148 million onefinestay deal
By Martin Cowen | April 4, 2016
AccorHotels has bought upmarket home rentals business onefinestay for Euro 148 million (£117 million) and has earmarked a further Euro 64 million (£50 million) to expand the business internationally.... Read More
Warburg Pincus-backed Mercator acquires Revenue Management Systems
News
Warburg Pincus-backed Mercator acquires Revenue Management Systems
By Sean O'Neil | April 4, 2016
Mercator, a company backed by private equity firm Warburg Pincus, has acquired Seattle-based Revenue Management Systems (RMS), which runs revenue management products for more than 70 airlines, includi... Read More
Amazon pushes further into payment processing, luring Southwest and others
News
Amazon pushes further into payment processing, luring Southwest and others
By Sean O'Neil | April 4, 2016
Amazon has debuted a streamlined method for companies to add its online payments services as an option to the check-out tools they build for consumer-facing companies. The Seattle-based technology... Read More
Travelsky nabs OpenJaw in GuestLogix asset sale, say sources
News / Technology
Travelsky nabs OpenJaw in GuestLogix asset sale, say sources
By Sean O'Neil | April 4, 2016
This week it is expected to be announced that Dublin-based OpenJaw Technologies has been acquired by China's state-owned Travelsky Technology. Sources say this deal is a court-supervised outcome fo... Read More
Data suggests airports are wasting their time with mobile apps
News / Technology
Data suggests airports are wasting their time with mobile apps
By Viewpoints | April 4, 2016
Airports are spending a significant portion of their marketing budgets on customer engagement tools, including a sizable investment in developing mobile applications. By 2018, about 80% of airports wi... Read More
Virtual reality at the airport - a B2B story
News / Technology
Virtual reality at the airport - a B2B story
By Linda Fox | April 4, 2016
Virtual reality specialist Visualise has developed a series of 360 degree virtual reality clips at Heathrow Airport. The clips are to be used by the sales force of outdoor advertising firm JCDecaux... Read More
Alaska Air buys Virgin America, in a merger of airline tech innovators
News / Technology
Alaska Air buys Virgin America, in a merger of airline tech innovators
By Sean O'Neil | April 4, 2016
Alaska Air Group said today it will acquire Virgin America for $2.6 billion in cash. The deal has an aggregate transaction value of about $4 billion, after debt and capitalized aircraft operating leas... Read More
Hotelbeds sale on track says TUI, three times in one statement
News / Distribution
Hotelbeds sale on track says TUI, three times in one statement
By Martin Cowen | April 4, 2016
TUI Group's pre-close update issued last week talks up the total transaction volume (TTV) and room night growth for Hotelbeds, and says "the disposal process (for the business) is on track". The st... Read More
Clock watching - guests want hotel wifi connection within seven minutes
News / Technology
Clock watching - guests want hotel wifi connection within seven minutes
By Kevin May | April 1, 2016
Nobody in the industry still denies that providing a free connection to customers is as important a consideration as room towels or running water. And countless surveys mention the expectations tha... Read More
Expedia programmes marketing campaigns from TV to Facebook and Instagram
News
Expedia programmes marketing campaigns from TV to Facebook and Instagram
By Kevin May | April 1, 2016
Expedia is one of a number of consumer brands that have been first to test a technology that connects the dots between TV and social media advertising. The US-based online travel agency has worked... Read More
Startup pitch: Homelike gains traction with extended-stay bookings in Europe
News
Startup pitch: Homelike gains traction with extended-stay bookings in Europe
By Sean O'Neil | April 1, 2016
Homelike is a Cologne-based startup that helps travelers—mainly corporate ones—book extended-stay accommodation in Europe. Founded in 2014, it claims to have the most online inventory for furnished... Read More
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