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.

Amadeus splashes out $500M on hotel specialist Newmarket International [UPDATED]
News / Distribution
Amadeus splashes out $500M on hotel specialist Newmarket International [UPDATED]
By Kevin May | December 18, 2013
Big deal in the sector - Amadeus has signalled its intent to move aggressively into the hospitality sector and paid $500 million to buy Newmarket International. Better known for its group and event... Read More
Ebookers chief resigns, plans move outside of travel
News
Ebookers chief resigns, plans move outside of travel
By Linda Fox | December 18, 2013
Ebookers president and senior vice president Tamer Tamar has resigned from the role after four and a half years. A statement from parent company Orbitz says Tamar will leave on March 12 to accept a... Read More
Facebook is broken and will collapse under its own weight
News / Technology
Facebook is broken and will collapse under its own weight
By PhocusWire | December 18, 2013
SOCIAL: A ridiculous percentage of the planet's population is on Facebook. Brands scramble over themselves to have the biggest and best fan pages. But there are some who consider Facebook's best day... Read More
An in-depth look at the path to funding a travel startup
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An in-depth look at the path to funding a travel startup
By Linda Fox | December 18, 2013
Funding a travel startup can be hard - from finding the right person in the right investment house, preparation and working out a pitching strategy. With more than $150 million of startup funding e... Read More
Dear developers of mobile travel apps... Repent your sins!
News / Technology
Dear developers of mobile travel apps... Repent your sins!
By Timothy O'Neil-Dunne | December 18, 2013
I like to think I am not a luddite - but judging by the quality of mobile travel apps out there today, I may have good reason to become one. I really am sick and tired of seeing poor user experienc... Read More
Wotif shares plunge after profit forecast downgrade, blames volatile market
News / Online
Wotif shares plunge after profit forecast downgrade, blames volatile market
By Karthick Prabu | December 18, 2013
Wotif reported net profit after tax for the first half of fiscal year 2014 is expected to be in the range of $20 million, compared to $24.48 million in the prior half-year. Shares at the company fe... Read More
Are angels the new disruptors in the world of startup capital?
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Are angels the new disruptors in the world of startup capital?
By PhocusWire | December 18, 2013
STARTUPS: A well-worn path has led many startups to evolve financially from bootstrapping to angel to venture investment. But there is a growing sense that angels are becoming bigger players further... Read More
BeMyGuest attracts strategic investment from online agency Tidesquare
News / Distribution
BeMyGuest attracts strategic investment from online agency Tidesquare
By Karthick Prabu | December 17, 2013
In an effort to expand its presence in South East Asia, South Korea's third largest OTA Tidesquare has made a strategic investment in Singapore-based tours and activities player BeMyGuest. The fund... Read More
Blurred lines, meta, mobile and international growth: Expedia brands on the state of the business
News / Distribution
Blurred lines, meta, mobile and international growth: Expedia brands on the state of the business
By Nick Vivion | December 17, 2013
Expedia Inc. held its annual partner event in Las Vegas this past week, bringing together the presidents and executive teams to share the realities, challenges and opportunities of the past year with... Read More
10 lessons I learned from building a travel startup
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10 lessons I learned from building a travel startup
By Viewpoints | December 17, 2013
"About three years ago I jumped into the crazy adventure of creating a travel startup, launching WeHostels out of my passion for travel and my experiences as a backpacker." NB: This is a viewpoint... Read More
Startup pitch: LastRoom pushes last-minute hotel booking service to corporates
News / Technology
Startup pitch: LastRoom pushes last-minute hotel booking service to corporates
By Karthick Prabu | December 17, 2013
LastRoom is another last-minute hotel booking service, but this time with business travellers in Latin America as a key target audience. The startup was initially launched in December 2012 and came... Read More
Marketing folk should be gearing up for a magical 2014 - apparently
News / Online
Marketing folk should be gearing up for a magical 2014 - apparently
By PhocusWire | December 17, 2013
MARKETING: Beyond what the tech press (us included) tell everyone they should be focusing on is a reality that some of the basics of marketing still have plenty to offer. Coupled with how some heavy... Read More
The untapped opportunity for travel bloggers to monetize knowledge
News / Online
The untapped opportunity for travel bloggers to monetize knowledge
By Viewpoints | December 17, 2013
It's no real secret the goal for the majority of travel bloggers is to make money so they can travel more often and for longer periods of time. NB: This is a viewpoint by Drew Meyers, founder of Oh... Read More
Sojern wins $10M funding round as travel marketing goes hi-tech
News / Online
Sojern wins $10M funding round as travel marketing goes hi-tech
By Kevin May | December 17, 2013
Travel marketing service Sojern has secured a $10 million Series C funding round, bringing its total capital raised to almost $47 million since 2007. The latest round was led by Triangle Peak Partn... Read More
KLM turns to destination tips via LocalEyes service on Twitter
News / Online
KLM turns to destination tips via LocalEyes service on Twitter
By Karthick Prabu | December 17, 2013
With a series of creative initiatives rolled out by KLM, many believe the airline sets the bar very high for its airline rivals to follow - not least in social media. This time, KLM has pushed the... Read More