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.

iata-2020-traffic-figures
News / Online
Global air passenger traffic shows historic decline in 2020, future bookings down 70%
By Mitra Sorrells | February 4, 2021
IATA’s baseline forecast for 2021 predicts an improvement of 50.4% over 2020 demand.... Read More
ixigo-buys-confirmtkt
News / Distribution
Ixigo buys train booking app Confirmtkt to serve India’s $8B rail market
By Mitra Sorrells | February 4, 2021
The deal aligns with the Indian online travel agency’s decision in 2019 to focus on flights, trains and buses.... Read More
The challenges of digital health passports in getting corporate travelers back on the road
News / Technology
The challenges of digital health passports in getting corporate travelers back on the road
By Linda Fox | February 3, 2021
In a Q&A with PhocusWire, Brandon Balcom, director of innovation, business development, for CWT, discusses barriers to digital health passports.... Read More
Expedia opens up discount rates to COVID-hit travel agency partners
News / Distribution
Expedia opens up discount rates to COVID-hit travel agency partners
By Kevin May | February 3, 2021
The company's affiliate program, which has around 10,000 agency partners, will be opened up so that exclusive rates for hotel and air ticket packages are available for all.... Read More
uipath-opinion-automation
Opinion / Technology
How automation can facilitate hospitality’s recovery
By Brad Beumer - UiPath | February 3, 2021
Automation technologies can be used to benefit guests and staff, now and into the future.... Read More
Uber acquires alcohol delivery service Drizly in $1.1B deal
News / Online
Uber acquires alcohol delivery service Drizly in $1.1B deal
By Jill Menze | February 2, 2021
As part of the deal, Drizly will become a wholly owned subsidiary of Uber, and its marketplace will be integrated with the Uber Eats app.... Read More
WEBINAR REPLAY! How travel can leverage payment technology for a smart COVID-19 recovery
News / Technology
WEBINAR REPLAY! How travel can leverage payment technology for a smart COVID-19 recovery
By PhocusWire | February 2, 2021
As airlines and travel agencies plan their comeback, it is essential they have access to the most recent and relevant research enabling them to make smart decisions on how to mitigate the economic impact of COVID-19.... Read More
makemytrip earnings
News / Online
MakeMyTrip sees 2020 end with some financial improvement
By Linda Fox | February 2, 2021
MakeMyTrip has seen improvement in gross bookings and revenue across its business units for its third quarter 2021 financial earnings.... Read More
business travel recovery 2025
News / Distribution
Business travel expected to make full recovery by 2025
By Kevin May | February 2, 2021
According to GBTA, global business travel spending slumped by over a half to $694 billion during a coronavirus-hit 2020.... Read More
siteminder-channel-report
News / Distribution
Hotel direct channels gained share of bookings in 2020
By Mitra Sorrells | February 2, 2021
A new report from SiteMinder details the top booking revenue sources in markets around the world.... Read More
New initiatives launch to promote diverse leadership in travel
News / Online
New initiatives launch to promote diverse leadership in travel
By Jill Menze | February 2, 2021
Two new programs, Tourism Diversity Matters and WiHTL's Ethnic Minority Future Leaders in Hospitality, Travel & Leisure, are designed to help build and retain diverse leadership teams in travel.... Read More
Grab boosts liquidity with $2B loan facility
News / Online
Grab boosts liquidity with $2B loan facility
By Linda Fox | February 1, 2021
Grab says the five-year term loan enables it to boost liquidity and mix up its funding sources.... Read More
Chinese travelers more positive about travel in 2021 than regional neighbors
News / Online
Chinese travelers more positive about travel in 2021 than regional neighbors
By Linda Fox | February 1, 2021
Domestic searches led in December 2020 in many APAC countries with the exception of Singapore, according to Expedia's research.... Read More
Airbnb CEO Brian Chesky: "It's going to be a year of focus"
News / Online
Airbnb CEO Brian Chesky: "It's going to be a year of focus"
By Jill Menze | February 1, 2021
Speaking during Bloomberg's The Year Ahead event, Brian Chesky discussed Airbnb's priorities, market volatility and the future of travel.... Read More
wit-rerun-klook-2021
News / Distribution
Klook on what it will mean to win in 2021
By Yeoh Siew Hoon - WiT | February 1, 2021
Fresh from raising another $200 million, Klook co-founder and COO Eric Gnock Fah spoke to WiT’s Yeoh Siew Hoon about the new funding and investing for the future.... Read More
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