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-q3-2021
News / Online
Tripadvisor CEO Steve Kaufer to retire after two decades at helm
By Mitra Sorrells | November 8, 2021
Tripadvisor announced the news in tandem with its financial report for the third quarter of 2021. Kaufer says he will remain in his position until a successor is named.... Read More
The hospitality industry's €768B journey to net zero
News / Technology
The hospitality industry's €768B journey to net zero
By Linda Fox | November 8, 2021
The accommodations industry is responsible for 10% of the total tourism sector's annual emissions.... Read More
Lime raises $523M round, promises $20M will go to net zero goal
News / Technology
Lime raises $523M round, promises $20M will go to net zero goal
November 8, 2021
The e-scooter and electric bike company received the capital from ADG, Fidelity, Highbridge and fellow ground transportation provider Uber.... Read More
VIDEOS: TravelTech Show 2021 winners - Tour Amigo, Grapevine and Koderly
News / Technology
VIDEOS: TravelTech Show 2021 winners - Tour Amigo, Grapevine and Koderly
By PhocusWire | November 8, 2021
Here are the respective product pitches and details, including commentary about their pandemic strategies and looking ahead from the three winners at this year's show.... Read More
How Certares is making capital out of COVID
News / Startups
How Certares is making capital out of COVID
By Ian Jarrett - WIT | November 8, 2021
Why "the only shop in town" has travel companies queuing at the door.... Read More
Sounding Off: Metaverse is nonsense to some but the future for many
Interview / Technology
Sounding Off: Metaverse is nonsense to some but the future for many
By PhocusWire | November 5, 2021
It is when we take a step back, stop rolling our eyes at products like Metaverse for a moment and then consider what such things might mean to the consumers of tomorrow, then it all might make sense.... Read More
Amadeus revenues up 77%, secures first profit since onset of pandemic
News / Distribution
Amadeus revenues up 77%, secures first profit since onset of pandemic
By Kevin May | November 5, 2021
The revenue boost year-over-year masks what is still a 47% lag behind revenues achieved in the corresponding quarter in 2019, before the COVID-19 pandemic.... Read More
Uber reports $2.4B loss but mobility "reignited"
News / Online
Uber reports $2.4B loss but mobility "reignited"
By Linda Fox | November 5, 2021
Uber says mobility gross bookings hit $10 billion in Q3 and airport activity is increasing in the U.S.... Read More
phocuswire-pulse-spotnana
News / Startups
VIDEO: Building in stealth, launching and early phases for startups
By PhocusWire | November 5, 2021
The co-founder and CEO of the newest corporate travel startup, Spotnana, discusses why and how the company launched in stealth mode.... Read More
expedia-group-q3-2021
News / Distribution
Expedia Group nearly matches 2019 profit levels in Q3 2021
By Mitra Sorrells | November 4, 2021
Expedia Group says recovery in Q3 2021 was led by leisure and domestic travel, coming in particular from Vrbo.  ... Read More
Airbnb Q3 revenue tops $2.2B in record quarter
News / Online
Airbnb Q3 revenue tops $2.2B in record quarter
By Jill Menze | November 4, 2021
For the third quarter of 2021, Airbnb also reported its most profitable quarter ever with net income reaching $834 million.... Read More
uniguest-acquires-volara
News / Online
Uniguest acquires Volara to launch voice tech division
By Mitra Sorrells | November 4, 2021
Volara founder and CEO Dave Berger will become executive vice president of Uniguest’s new voice division, which will maintain the brand name of Volara.... Read More
The Phocuswright Conference 2021 - five questions for Steve Kaufer
News / Online
The Phocuswright Conference 2021 - five questions for Steve Kaufer
By PhocusWire | November 4, 2021
The company helps 463 million travelers each month and features 860 million reviews of 8.7 million accommodations, restaurants, experiences, airlines and cruises.... Read More
VIDEO: Accelerators and nurturing startups
News / Startups
VIDEO: Accelerators and nurturing startups
By PhocusWire | November 4, 2021
Mark Lenahan at Travelport joined us at the PhocusWire Pulse: Startups in the Spotlight to explain how accelerators work and what types of businesses it is interested in.... Read More
Short-term rentals have become inexorable
Opinion / Online
Short-term rentals have become inexorable
By Tom Caton - AirDNA | November 4, 2021
The dam has broken on short-term rentals becoming an asset class with fantastic returns available to all.... Read More
The Phocuswright Conference 2026