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.

TerraPay - Launch pitch at The Phocuswright Conference 2023
Interview / Online
TerraPay - Launch pitch at The Phocuswright Conference 2023
By PhocusWire | January 11, 2024
Founded in 2014, TerraPay offers issuing, acquiring, pay-out and international money transfer capabilities to clients worldwide.... Read More
Record online direct bookings are driving innovation in hospitality, survey finds
News / Technology
Record online direct bookings are driving innovation in hospitality, survey finds
By Morgan Hines & Derek Catron | January 11, 2024
The hotel industry is making strides when it comes to digitalization, but there's still plenty of room to grow, according to a recent report from H2c.... Read More
Dott and Tier plan joint entity forming European micromobility leader
News / Startups
Dott and Tier plan joint entity forming European micromobility leader
By Linda Fox | January 10, 2024
Subject to several conditions, the transaction bringing together micromobility businesses Dott and Tier should be completed in early March.... Read More
Travel app downloads, time spent on mobile up in 2023
News / Online
Travel app downloads, time spent on mobile up in 2023
By Mitra Sorrells | January 10, 2024
According to Data.ai's "State of Mobile 2024" report, in 2023 travel app downloads numbered just more than 3 billion – up 13% from 2.7 billion in 2022. ... Read More
Amtrav dishes data on American Airlines NDC strategy
News / Distribution
Amtrav dishes data on American Airlines NDC strategy
By Linda Fox | January 10, 2024
In April 2023, American Airlines removed many of its lowest fares from traditional distribution channels enabling only working with NDC channels to access the content.... Read More
Tripadvisor's Goldberg talks strategy, AI potential and digital marketing
News / Online
Tripadvisor's Goldberg talks strategy, AI potential and digital marketing
By Linda Fox | January 10, 2024
At The Phocuswright Conference 2023, Tripadvisor CEO Matt Goldberg discussed the importance of the brands working together and how its generative AI initiatives are developing.... Read More
AI-powered travel content platform Lokalee raises $5.6M
News / Startups
AI-powered travel content platform Lokalee raises $5.6M
By Morgan Hines | January 9, 2024
Lokalee plans to accelerate its product development and its expansion into European markets with the new funding.... Read More
AirDNA moves into short-term rental property management arena with Uplisting acquisition
News / Online
AirDNA moves into short-term rental property management arena with Uplisting acquisition
By Mitra Sorrells | January 9, 2024
Financial terms of the acquisition are not being disclosed. Uplisting founder Vincent Breslin will remain involved as a founder and advisor.... Read More
Phocuswright Europe 2024 – early-bird price ends January 31
News / Online
Phocuswright Europe 2024 – early-bird price ends January 31
By Phocuswright | January 9, 2024
Led by the theme of You, Me & The Machine, Phocuswright Europe will convene the industry’s best and brightest in Barcelona, June 10-12, to share their learnings and strategize for the future.... Read More
Travel tech isn’t cheap. Falling behind may be even costlier
News / Technology
Travel tech isn’t cheap. Falling behind may be even costlier
By Derek Catron | January 9, 2024
Given the growing importance and availability of data, experts say it’s more important than ever for travel companies to be current in their technology.  ... Read More
Gray Dawes Group acquires travel management company VCK Travel
News / Technology
Gray Dawes Group acquires travel management company VCK Travel
By Linda Fox | January 8, 2024
Gray Dawes Group, a U.K.-based corporate travel management specialist, has made its third acquisition in less than a year.... Read More
Operto acquires guest experiences tech provider Dack
News / Technology
Operto acquires guest experiences tech provider Dack
By Linda Fox | January 8, 2024
The acquisition of Dack follows Operto's acquisition of VRScheduler in 2021 and STAYmyway in 2022.... Read More
Do travelers connect overtourism and sustainability?
News / Online
Do travelers connect overtourism and sustainability?
By Phocuswright Research | January 8, 2024
Overtourism taxes travelers, destinations and locals alike. Often overlooked as a key sustainability facet, crowd management and visitor volume control have become vital in the current conservation and green development conversations.... Read More
STARTUP STAGE: Eco.mio helps companies guide employees to choose greener travel options
Interview / Startups
STARTUP STAGE: Eco.mio helps companies guide employees to choose greener travel options
By Mitra Sorrells | January 8, 2024
 Founded in 2021, Eco.mio helps companies achieve their climate goals and bring travel costs down using an add-on to existing booking tools.... Read More
How global consumer trends are impacting travel
News / Distribution
How global consumer trends are impacting travel
By Linda Fox | January 8, 2024
We look at how Euromonitor's global consumer trends are playing out in the travel industry.... Read More