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.

Sounding Off: Travel bailouts are not simple tasks to manage
Interview / Technology
Sounding Off: Travel bailouts are not simple tasks to manage
By PhocusWire | March 27, 2020
 It seems more likely that any form of state aid will go only to propping up the travel-facing operations that inspire people to travel or are functional elements of a trip. Not the ecosystem behind it.... Read More
InPhocus, episode 3 - Living with the virus, thinking about a reset for tourism
News / Technology
InPhocus, episode 3 - Living with the virus, thinking about a reset for tourism
By PhocusWire | March 27, 2020
Destination specialist Doug Lansky to gives his account of contracting coronavirus and shares his perspective on the current climate for destinations and what could (or should) happen next.... Read More
str-coronavirus-march-21
News / Online
Data shows severe impact of coronavirus on global hospitality industry
By Mitra Sorrells | March 26, 2020
Global hospitality data company STR has released figures for Asia, Europe and the United States for the week ending March 21.... Read More
Travel value chain under scrutiny as airlines get bailouts and intermediaries plead for help
News / Distribution
Travel value chain under scrutiny as airlines get bailouts and intermediaries plead for help
By Linda Fox | March 26, 2020
IATA's mention of the value chain has faced significant criticism in the past week from some areas of the intermediary community, seemingly for acting in isolation. They believe the industry is in this crisis together.... Read More
Tours are at an absolute low - here’s how they can recover after COVID-19
Opinion / Online
Tours are at an absolute low - here’s how they can recover after COVID-19
By Alex Govoreanu - Questo | March 26, 2020
It's starting to look like a perfectly terrifying mix between the Spanish Flu and the Great Depression, with the tours and activities sector likely to never be the same again.... Read More
kei-shibata-coronavirus
News / Online
Venture Republic CEO Kei Shibata on coronavirus: “Web traffic is down to the floor”
By Mitra Sorrells | March 26, 2020
Venture Republic co-founder and CEO Kei Shibata discusses the impact of the coronavirus on his travel metasearch and media companies.... Read More
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
News / Distribution
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
By Linda Fox | March 25, 2020
The company has been hit by a combination of trip cancellations and restrictions on international flights, impacting the volume of bookings and passengers boarded.... Read More
Youth and student travel sector looks to previous crises for coronavirus recovery clues
News / Distribution
Youth and student travel sector looks to previous crises for coronavirus recovery clues
By Linda Fox | March 25, 2020
In its latest analysis of the business impact of COVID-19, WYSE says that although every crisis is different, longer term youth and student travel was less impacted by the financial crash than international tourism.... Read More
WEBINAR REPLAY! Everything you need to know about the short-term rental market and tech
News / Distribution
WEBINAR REPLAY! Everything you need to know about the short-term rental market and tech
By PhocusWire | March 25, 2020
What does the future hold for ADR and occupancy? What can you do to stay ahead of the curve? How can you make more money? The facts and stats are numerous and revealing so don’t miss a minute of this fast-paced webinar.... Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles.... Read More
wit-tours-and-activities-coronavirus
News / Online
The long tail of travel may get cut off - automation is one way to get it back up
By Marissa Trew - WiT | March 25, 2020
Tour and activity distribution CEOs offer perspective on how the sector can recover from the coronavirus setback.... Read More
Digital travel brands want the same bailouts from governments as hotels and airlines
News / Technology
Digital travel brands want the same bailouts from governments as hotels and airlines
By Kevin May | March 24, 2020
A lobbying organization, which includes the likes of Amadeus, Travelport, Booking.com, Expedia Group, Skyscanner, Tripadvisor and eDreams ODIGEO as members, says the COVID-19 outbreak is hitting the entire ecosystem in travel.... Read More
startups-coronavirus-decisions
News / Startups
Confronted by crisis, travel startups weigh difficult - and personal - decisions
By Jill Menze | March 24, 2020
Not only are startups equipped with fewer resources, funds and time, but also, the close-knit nature of their workforces means that even one shift within the company is often felt by all.... Read More
cloudbeds-coronavirus-platform
News / Online
New platform helps hoteliers offer beds for coronavirus-related needs
By Mitra Sorrells | March 24, 2020
Cloudbeds has created a platform to connect government and medical authorities with hoteliers willing to provide rooms.... Read More
Electric air taxi company Lilium raises $240M toward developing regional service
News / Technology
Electric air taxi company Lilium raises $240M toward developing regional service
By Steven Lerner | March 24, 2020
The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate with a regional mobility service as early as 2025.... Read More
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