Expedia Group's revenue and gross bookings were both down 67% in the fourth quarter of 2020 compared to the same period in 2019.... Read More

BusUp is looking to expand in the U.S. and sees growing demand for commuter mobility services from corporates.... Read More

Lufthansa Group and Porsche are now minority stakeholders in the startup, with Porsche’s Forward31 venture arm acquiring a stake.... Read More

It is only the second time in the brand's history that it has disclosed external funding, although both occasions were via private equity agreements.... Read More

Generator Hostels was a single-property hostel brand in London - but it was considered the perfect place to try out a new approach to the sector when Wyatt came onboard in 2007 with a pile of venture money.... Read More

The company has put together a network of expert tour guides to help design fresh ideas to attract locals as well as travelers, once restrictions lift.... Read More

Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020.... Read More

For a company that set its strategy on offering smart rentals - its name translates as smart home - it concedes a need to ensure the business is getting the basics right.... Read More

The online travel agency business brought in €128.9 million in core revenues over the 12-month, pandemic-hit period.... Read More

According to Tripbam, the COVID-19 pandemic has caused shifts related to rates, star rates, locations and booking trends.... Read More

Lyft says it expects to be profitable no later than the fourth quarter of this year.... Read More

Although revenue for Trivago dropped 70% for the full year and nearly 80% for the fourth quarter of 2020, the company believes it's at a turning point in the pandemic.... Read More

Investors in the round include Danny Meyer’s Enlightened Hospitality Investments, NFL investment arm 32 Equity and the Partnership Fund for New York City.... Read More

The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months.... Read More

Some 300 clients of North America Destinations in the U.S., Canada, Brazil, Argentina, Chile, Paraguay and Colombia will also get last-minute availability and access to thousands of vacation rental properties.... Read More