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.

Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
News / Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells | May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.... Read More
Expedia Group revamps marketplace, tech platform as part of new strategy
News / Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze | May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience.... Read More
mint-house-35m
News / Startups
Mint House raises $35M led by Mohari Hospitality
By Mitra Sorrells | May 4, 2022
Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets.... Read More
Uber hits record $6.9B revenue for a financial quarter
News / Online
Uber hits record $6.9B revenue for a financial quarter
By Kevin May | May 4, 2022
The delivery arm business attracted almost $14 billion in gross bookings year on year in Q1, with mobility at $10.7 billion (up 58% year over year).... Read More
Sensible Weather warms up with $12M round, plots expansion of travel guarantee tools
News / Technology
Sensible Weather warms up with $12M round, plots expansion of travel guarantee tools
By Kevin May | May 4, 2022
The Series A is being led by Infinity Ventures, with participation from Certares Ventures and previous backers Wonder Ventures and Group1001.... Read More
innkey-yanolja-pms
News / Technology
InnKey looks beyond PMS tech following Yanolja investment
By Linda Fox | May 4, 2022
India-based InnKey will use the funds to expand its business.... Read More
lyft-q1-2022
News / Online
Lyft Q1 profit of $55M exceeds outlook by $40M
By Mitra Sorrells | May 3, 2022
Lyft achieved adjusted EBITDA of $55 million and revenue of $876 million in the first quarter of this year.... Read More
One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022
News / Online
One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022
By Kevin May | May 3, 2022
The U.S.-based home-sharing and alternative accommodation giant saw revenue increase by 70% year-over-year and 80% higher than corresponding quarter in 2019 ($839 million).... Read More
sabre-q1-2022
News / Distribution
Sabre reports revenue gains across all business units
By Linda Fox | May 3, 2022
Sabre's revenue across distribution, hospitality solutions and travel solutions were boosted by industry recovery.... Read More
In The Big Chair - Jim Davidson of Accelya
Interview / Distribution
In The Big Chair - Jim Davidson of Accelya
By Jill Menze | May 3, 2022
Jim Davidson was named CEO of Accelya in March 2022, following the sale of his company Farelogix to the airline technology provider in 2020.... Read More
trivago-q1-2022
News / Online
Trivago reports Q1 profit of €21M but excludes recent €30M fine
By Mitra Sorrells | May 2, 2022
On April 22, the Australian Federal Court ordered Trivago to pay a €30.2 million penalty for making misleading claims about hotel room rates online and in television advertising.... Read More
Expedia Group revenue jumps 81% as travel recovery continues
News / Online
Expedia Group revenue jumps 81% as travel recovery continues
By Jill Menze | May 2, 2022
For the first quarter of 2022, Expedia Group revenue was $2.2 billion, an 81% increase from $1.2 billion in Q1 2021.... Read More
Google enhances trip-planning tools as travel searches boom
News / Online
Google enhances trip-planning tools as travel searches boom
By Mitra Sorrells | May 2, 2022
Google is launching new tools related to flight and hotel searches and general trip planning.  ... Read More
Remember Bing? A different option for hotels to Google
Opinion / Distribution
Remember Bing? A different option for hotels to Google
By Paola Romero - Mirai | May 2, 2022
Bing offers another shopping window where a hotel can be seen by many users who are not on Google and who now end up with the OTAs, because they are the only ones bidding on a hotel.... Read More
alight-travel
News / Startups
New hotel booking platform lets guests offset carbon emissions at checkout
By Jill Menze | May 2, 2022
Travel startup Wayaj has launched a new hotel booking engine called Alight.travel that lets travelers book sustainable hotels and calculate and offset their carbon emissions at checkout.... Read More
The Phocuswright Conference 2026