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Latest News

Stay up to date with the latest travel technology news, startup updates, and industry developments from across the global travel ecosystem.

Travelzoo wants place as alternative to Expedia and Priceline for hotels
News / Distribution
Travelzoo wants place as alternative to Expedia and Priceline for hotels
By Martin Cowen | April 29, 2016
Hotel search is the star performer in Travelzoo's latest financials, growing at a triple-digit rate year-on-year although standalone hotel volumes and revenues are not disclosed. Its date-specific... Read More
TV and social media top for influencing destination choice
News / Online
TV and social media top for influencing destination choice
By Kevin May | April 29, 2016
Travellers claim they get most of their inspiration for where to go on a trip from watching television and sites such as Facebook and Instagram. YouGov surveyed 10,000 travellers in the Middle East... Read More
Travelport flies with Germania and Fly Blue Crane, British Airways extras on NDC, and more...
News / Distribution
Travelport flies with Germania and Fly Blue Crane, British Airways extras on NDC, and more...
By PhocusWire | April 29, 2016
This is a roundup for product news and announcements for travel DISTRIBUTION in tourism and hospitality for April 2016. Friday 29 April 2016: Travelport flies with Germania Swiss and Fly Blue Cr... Read More
Expedia's acquisitions added 28 points of revenue growth in early 2016
News / Online
Expedia's acquisitions added 28 points of revenue growth in early 2016
By Sean O'Neil | April 28, 2016
Expedia Inc reported first quarter 2016 earnings, saying its recent acquisitions (AirAsia Expedia, HomeAway, Orbitz, and Travelocity) added 22 points of gross bookings growth and 28 points of revenue... Read More
HomeAway dramatically revamps subscription pricing for US owners
News / Online
HomeAway dramatically revamps subscription pricing for US owners
By Sean O'Neil | April 28, 2016
It was only in February that HomeAway implemented a changed pricing structure, a move that came after the company's acquisition by Expedia Inc last year. Today the companies announced additional c... Read More
RhinoCarHire rebrands, Revinate stays with Steigenberger, and more...
News / Online
RhinoCarHire rebrands, Revinate stays with Steigenberger, and more...
By PhocusWire | April 28, 2016
This is a roundup of product news and announcements for travel MARKETING in tourism and hospitality for April 2016. Thursday 28 April 2016: RhinoCarHire rebrands with help from Priceline Group... Read More
Sabre sees revenue climb 21% in the first three months of 2016
News / Distribution
Sabre sees revenue climb 21% in the first three months of 2016
By Sean O'Neil | April 28, 2016
Sabre saw its revenues increase by 21% in the first quarter of 2016, to $859.5 million. The pace of growth was dramatically higher than the comparable quarter two years ago -- its first as a public... Read More
Priceline Group CEO Darren Huston quits over conduct with employee
News
Priceline Group CEO Darren Huston quits over conduct with employee
By Kevin May | April 28, 2016
Darren Huston, CEO and president of The Priceline Group, has resigned after an investigation into a personal relationship with a fellow staffer. The company says former-CEO and current chairman, Je... Read More
Amadeus develops insight tool for airlines to get a handle on performance
News / Distribution
Amadeus develops insight tool for airlines to get a handle on performance
By Linda Fox | April 28, 2016
Amadeus has unveiled a data-driven system which will help airlines gather and analyse information for better insight. The company says airlines have seen a 50% increase year-on-year in the data the... Read More
Airlines and hotels still lag global averages for mobile bookings
News / Technology
Airlines and hotels still lag global averages for mobile bookings
By Sean O'Neil | April 27, 2016
The travel industry talks a lot about mobile adoption, but when it comes time to make purchases, many consumers are still relying on older methods. Adyen, a payments processor that handled Euro 50... Read More
Hotelbeds sold for Euro 1.2 billion to Cinven and CPPIB
News / Distribution
Hotelbeds sold for Euro 1.2 billion to Cinven and CPPIB
By Martin Cowen | April 27, 2016
After months of speculation, TUI Group has finally sold its Hotelbeds business, netting Euro 1.165 billion ($1.3 billion) in the process. The buyers are named as Cinven and Canada Pension Plan Inve... Read More
Rakuten led the $5 million investment in Xola, the activities booking software startup
News
Rakuten led the $5 million investment in Xola, the activities booking software startup
By Sean O'Neil | April 27, 2016
In February we reported that tours-and-activities software provider Xola had secured a $6 million capital-raise, according to a financial filing -- which did not reveal the main backer. Today Rakut... Read More
Drivy, the peer-based car rental startup, raises Euro 31 million, gaining on Turo
News
Drivy, the peer-based car rental startup, raises Euro 31 million, gaining on Turo
By Sean O'Neil | April 27, 2016
More than 850,000 people in France, Germany, and Spain have joined the sharing economy by using a new marketplace for peer-based car rentals. Headquartered in Paris, the startup Drivy aims to conne... Read More
Sygic takes majority share of Tripomatic, rebrands its travel app
News / Technology
Sygic takes majority share of Tripomatic, rebrands its travel app
By Sean O'Neil | April 27, 2016
Sygic, a maker of mobile navigation apps, took a 51% equity stake in Tripomatic, a Czech Republic-based startup that helps travelers create and book custom itineraries for an undisclosed sum. Sygic... Read More
TripAdvisor buys vacation rental platform HouseTrip
News / Distribution
TripAdvisor buys vacation rental platform HouseTrip
By Kevin May | April 27, 2016
Further consolidation in the rental sector with TripAdvisor today snapping up UK-based HouseTrip for an undisclosed fee. The company is expected to sit within the Vacation Rentals Group of TripAdvi... Read More
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