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.

Is technology bringing the "perfect trip" nearer?
News / Technology
Is technology bringing the "perfect trip" nearer?
By Linda Fox | April 17, 2024
PhocusWire talks to Steve Singh, Concur co-founder and former CEO turned travel startup investor, on how technology is keeping the drive for the "perfect trip" alive.... Read More
Airbnb calls for STR policies for renters
News / Online
Airbnb calls for STR policies for renters
By D.J. Catron | April 16, 2024
Airbnb announced plans to work with local governments in support of short-term rental rules that will allow renters to earn extra income by sharing their home.  ... Read More
Exoticca secures €4M for further expansion
News / Startups
Exoticca secures €4M for further expansion
By D.J. Catron | April 16, 2024
Exoticca CEO Pere Vallés said the funding would help the company’s expansion in Latin America.... Read More
Travel startup funding and M&A activity in Q1 2024
News / Startups
Travel startup funding and M&A activity in Q1 2024
By Linda Fox | April 16, 2024
Phocuswright's Travel Startups Interactive Database shows that after a down year in 2023, funding for travel startups has increased in the first quarter of 2024.  ... Read More
Trip.com Group’s Trip.Biz launches business travel booking app
News / Technology
Trip.com Group’s Trip.Biz launches business travel booking app
By Morgan Hines | April 15, 2024
Trip.Biz, a digital travel management company, aims to revolutionize the organization of business travel.... Read More
Scandinavian airline market excels, but risks remain
News / Online
Scandinavian airline market excels, but risks remain
By Phocuswright Research | April 15, 2024
The outlook in the Scandinavia travel market through 2027 is positive, with double-digit growth expected each year, but there are many factors that threaten a sustained recovery.... Read More
Can trip planning startups ever succeed?
Opinion / Startups
Can trip planning startups ever succeed?
By Christian Watts - Magpie | April 15, 2024
If somebody builds the ultimate tool, which actually works, has access to all the world’s travel information and has all of the bells and whistles that one could hope for, does that mean people will actually use it?... Read More
CharitableBookings.com raises £5M
News / Startups
CharitableBookings.com raises £5M
By D.J. Catron | April 12, 2024
After raising the funds from angel investors, the booking platform seeks to generate more donations for charities through travel bookings made by its members.  ... Read More
DerbySoft acquires travel trade marketplace PKFare
News / Distribution
DerbySoft acquires travel trade marketplace PKFare
By D.J. Catron | April 11, 2024
The companies will share selected corporate functions and technology resources while upholding independent business operations.  ... Read More
Delta prepares to launch NDC solution “anchored around servicing”
News / Technology
Delta prepares to launch NDC solution “anchored around servicing”
By Mitra Sorrells | April 11, 2024
Next week Delta will reveal the technology companies it is working with that are helping to create its NDC solution.... Read More
Satisfi Labs merges with Broadw.ai to boost live events offering
News / Technology
Satisfi Labs merges with Broadw.ai to boost live events offering
By Linda Fox | April 11, 2024
Satisfi Labs said the move would boost its presence in the live events space as well as demonstrate its commitment to the segment.... Read More
ATPCO takes next step to enable more dynamic offer creation for airlines
News / Technology
ATPCO takes next step to enable more dynamic offer creation for airlines
By Mitra Sorrells | April 11, 2024
ATPCO's new "Product Catalogue" is an electronic record of all products and services offered by an airline that can be used to simplify the creation of an offer.... Read More
How airlines are thinking about technology investment in 2024
News / Technology
How airlines are thinking about technology investment in 2024
By Linda Fox | April 11, 2024
A study from Amadeus reveals 64% of airlines are expecting to spend more on technology in 2024, with 46% of low-cost carriers anticipating a moderate increase and 54% of full-service carriers expecting the same.   ... Read More
Chinese travelers increasingly using apps, social media for trip planning, led by Gen Z women
News / Online
Chinese travelers increasingly using apps, social media for trip planning, led by Gen Z women
By D.J. Catron | April 11, 2024
China Trading Desk’s quarterly Travel Sentiment Survey finds Chinese travelers are increasingly using travel applications like CTrip and Qunar and social media sites like Xiaohongshu and Douyin, the Chinese counterpart to TikTok.    ... Read More
Guesty raises $130M to accelerate global expansion
News / Startups
Guesty raises $130M to accelerate global expansion
By Mitra Sorrells | April 10, 2024
Guesty said it will use the funding to continue growing, as it expands its offerings to accommodate medium-term rentals, corporate housing and fully serviced stays.... Read More