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.

cover image getlost
Interview / Startups
STARTUP STAGE: GetLost wants to make cheap on-demand travel a reality
By Steven Lerner | March 6, 2020
GetLost connects last-minute travelers with exclusively negotiated cheap deals on empty airline seats.  ... Read More
Expedia Group, Booking Holdings spent more than $11B on marketing (mostly to Google) in 2019
News / Online
Expedia Group, Booking Holdings spent more than $11B on marketing (mostly to Google) in 2019
By Steven Lerner | March 6, 2020
One company grew its marketing spend in 2019 and the other company essentially remained flat.  ... Read More
Despegar 2019 earnings
News / Online
Despite "volatile macro environment," Despegar finishes 2019 strong with 10% revenue increase
By Steven Lerner | March 5, 2020
Despegar ended 2019 on a high note with a 10% increase in fourth quarter revenue to $145.6 million, although revenue for the full year declined by 1% to $524.9 million.  ... Read More
How I Got Here, episode 27 - Paul Metselaar of Ovation Travel Group
Interview / Technology
How I Got Here, episode 27 - Paul Metselaar of Ovation Travel Group
By PhocusWire | March 5, 2020
Mozio's David Litwak and Kevin May from PhocusWire talk with Paul Metselaar, chairman and CEO of Ovation Travel Group, about launching his corporate travel business in the 1980s and staying relevant in the modern day.... Read More
ixigo-gogobus-investment
News / Online
Ixigo moves deeper into bus travel with investment in GogoBus
By Mitra Sorrells | March 5, 2020
India-based online travel agency Ixigo is investing in the first round of funding for smart bus startup GogoBus.... Read More
The key to innovation in APAC's travel startup scene? Empowering female founders
Opinion / Startups
The key to innovation in APAC's travel startup scene? Empowering female founders
By Stephanie Strunk - Amadeus Ventures | March 5, 2020
For all the achievements of startups in Asia, female leaders remain underrepresented in the region.... Read More
Digital identity solution Airside gets strategic investment from Amadeus Ventures
News / Technology
Digital identity solution Airside gets strategic investment from Amadeus Ventures
By Steven Lerner | March 5, 2020
For its first investment of 2020, Amadeus Ventures is backing mobile identity solution Airside for an undisclosed amount.... Read More
U.K. startup Five raises $41M to build out self-driving technology
News / Technology
U.K. startup Five raises $41M to build out self-driving technology
By Jill Menze | March 5, 2020
The Series B round brings the self-driving technology company's total funding to $77 million.... Read More
Hostelworld 2019 earnings
News / Online
Hostelworld suffers 9% EBITDA decline in 2019, expects loss due to coronavirus
By Steven Lerner | March 4, 2020
Hostelworld Group reports a 9% decrease in EBITDA to €20.5 million for the full-year in 2019 and estimates an EBITDA loss of €3 million to €4 million in the first quarter of 2020 due to the COVID-19 coronavirus.  ... Read More
VIDEO: American Express GBT on rogue spend, digital experience and content fragmentation
News / Online
VIDEO: American Express GBT on rogue spend, digital experience and content fragmentation
By Linda Fox | March 4, 2020
American Express GBT's Evan Konwiser, executive vice president of product and strategies, joins us in the PhocusWire Studio at Travel Technology Europe 2020.... Read More
oaky funding
News / Technology
Hospitality startup Oaky raises $9.5M to develop upsell technology
By Steven Lerner | March 4, 2020
Hotel upsell platform Oaky is embarking on its next phase of growth and development following its biggest capital raise to date.... Read More
COVID-19 and the global hotel industry: A roadmap to recovery, part 2
Opinion / Distribution
COVID-19 and the global hotel industry: A roadmap to recovery, part 2
By Yuki Hu, Eva Liu & George Yu - IDeaS | March 4, 2020
Although hotels can’t press the “restart” button on 2020, they can launch into “repair” mode now, despite being forced to a standstill by the big pause button that is COVID-19.... Read More
travelperk-greenperk
News / Online
TravelPerk launches carbon impact reporting and offsetting
By Mitra Sorrells | March 4, 2020
TravelPerk is launching GreenPerk, a solution that allows business travelers to offset their entire travel-related CO2 footprint directly in the platform.   ... Read More
Waymo funding
News / Technology
Alphabet’s autonomous vehicle unit Waymo rides off with $2.25B investment
By Steven Lerner | March 4, 2020
Waymo, the autonomous vehicle subsidiary of Google’s parent Alphabet Inc., is welcoming its first external investment in its 11-year existence.... Read More
The PhocusWire PundIT Show #21
News / Technology
The PhocusWire PundIT Show #21
By PhocusWire | March 3, 2020
Our guests cover trends such as startups, fancy (or folly) new technologies, challenges around technology and distribution in the industry, plus a lot more.... Read More
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