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.

Vacation rental tech startup Lodgify lands $1.6 million round
News
Vacation rental tech startup Lodgify lands $1.6 million round
By Sean O'Neil | April 20, 2016
Lodgify, a vacation rental software startup, said today that it had raised Euro 1.4 million in a equity financing round led by Nauta Capital. This is a second seed round for the Barcelona-based st... Read More
Turo, the peer-based car rental site, expands to Canada
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Turo, the peer-based car rental site, expands to Canada
By Sean O'Neil | April 20, 2016
Turo, a US-based platform to let car owners earn money from their vehicles when they’re idle, is expanding north into Canada, starting with Alberta, Ontario, and Quebec. The company, formerly known... Read More
Sabre counters Lufthansa suit, saying Farelogix and Travelfusion are GDSs
News / Distribution
Sabre counters Lufthansa suit, saying Farelogix and Travelfusion are GDSs
By Sean O'Neil | April 19, 2016
In a court filing, Sabre denied all wrongdoing alleged by Lufthansa Group in a suit that the airline company brought last month. Sabre filed a counterclaim for breach of contract against the German... Read More
TripChamp nets $2 million to expand corporate booking platform
News / Distribution
TripChamp nets $2 million to expand corporate booking platform
By Kevin May | April 19, 2016
Corporate travel technology provider TripChamp has added a further $2 million to its coffers by way of a new funding round. Backing the company is The Bird Group, an India-based travel tech company... Read More
Sabre acquires airline management service Airpas Aviation
News
Sabre acquires airline management service Airpas Aviation
By Kevin May | April 19, 2016
Sabre has made its first acquisition of 2016 with the purchase of Airpas Aviation, a technology provider that helps airlines manage their route networks and costs. No terms regarding the acquisitio... Read More
Amadeus to help airlines stop customers abandoning web bookings
News / Online
Amadeus to help airlines stop customers abandoning web bookings
By Kevin May | April 19, 2016
Airlines might not have the worst rate in the industry for web visitors scrapping a booking before completion, but at 73%, its rate is still extremely poor. For comparison purposes, travel agency w... Read More
Why travel startups need to think about the 80/20 rule
News / Distribution
Why travel startups need to think about the 80/20 rule
By Viewpoints | April 19, 2016
If there is one thing I underestimated about travel that would be: “travel inequality”. What is it? Well, it turns out that minority of travelers does the majority of trips. NB: This is a viewpoint... Read More
Steadily-growing Citymaps adds offline navigation to its mobile app
News / Technology
Steadily-growing Citymaps adds offline navigation to its mobile app
By Rob Lovitt | April 19, 2016
In a world in which the words “Google” and “Maps” are inextricably linked in the minds of many travelers, is there a space for a small player promising a more social, more immersive navigational exper... Read More
Relux, a Japanese booking site, nabs $4.5 million in funding
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Relux, a Japanese booking site, nabs $4.5 million in funding
By Sean O'Neil | April 18, 2016
Loco Partners, a Tokyo-based startup that runs Relux, a membership-based accommodation booking site, has secured 500 million yen (or about US$4.5 million) in funding, led by KDDI Open Innovation Fund,... Read More
Kayak moves into restaurant search, makes a u-turn on activities
News / Distribution
Kayak moves into restaurant search, makes a u-turn on activities
By Kevin May | April 18, 2016
Kayak has confirmed it will soon be launching products for travellers looking for places to eat, and tours and activities. The things-to-do channel will launch with a number of supply partners incl... Read More
Cvent, the meetings tech provider, is acquired for $1.65 billion by Vista
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Cvent, the meetings tech provider, is acquired for $1.65 billion by Vista
By Sean O'Neil | April 18, 2016
Cvent, the software-as-a-service provider of technology for managing meetings and events, will be acquired by affiliates of Vista Equity Partners, a private-equity firm. The all-cash deal for all o... Read More
Airbnb continues to build presence in India
News / Distribution
Airbnb continues to build presence in India
By Martin Cowen | April 18, 2016
Airbnb has announced a strategic partnership with India's largest media conglomerate The Times Group. Some reports in media outlets owned by the Times Group say that its investment arm - Times Glob... Read More
Edge Retreats raises $1 million to expand luxury rental platform
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Edge Retreats raises $1 million to expand luxury rental platform
By Kevin May | April 18, 2016
Investors seem to be at the stage of backing niches within a niche, especially within the burgeoning sector of the moment: vacation rentals. Edge Retreats, a UK-based startup which features only lu... Read More
Hotel technology neglects design thinking at its peril
News / Online
Hotel technology neglects design thinking at its peril
By Viewpoints | April 15, 2016
When you venture into the back-of-the-house in hotels, it’s surprising to encounter a battlefield of broken furniture, soiled linens, battered walls, and employees who look like they haven’t seen the... Read More
Hipmunk gets another $6 million in capital
News / Online
Hipmunk gets another $6 million in capital
By Kevin May | April 15, 2016
Flight and hotel metasearch brand Hipmunk has raised $6 million in venture funding, two years on from its large $20 million round. The company says it will not disclose any details regarding the ro... Read More
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