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.

H-A-C-K is not a four-letter word
News
H-A-C-K is not a four-letter word
By Viewpoints | October 17, 2014
Well, yes, arithmetically, H-A-C-K is a 4-letter word. But, in contrast to some other 4-letter words in common vernacular, H-A-C-K is a word that represents great things for today’s technology comp... Read More
Momondo Group raises £80 million from Great Hill Partners
News
Momondo Group raises £80 million from Great Hill Partners
By Kevin May | October 17, 2014
Big fund-raising deal alert: Momondo Group has taken a cash injection of £80 million (approximately $130 million) from Boston-based Great Hill Partners. The company claims the investment, in a deal... Read More
Watch out, Bangalore - THack is coming back!
News / Technology
Watch out, Bangalore - THack is coming back!
By Kevin May | October 16, 2014
THack is returning to Bangalore... Get ready to code away for the chance to win your share of US$10,000 (or more) in cash and other prizes. It is, once again, all about pulling together ideas and f... Read More
Google Glass blamed for user web addiction
News
Google Glass blamed for user web addiction
By PhocusWire | October 16, 2014
SYSTEMS: Early lesson for the manufacturers of wearable technology - well, at least the kind that you wear on your head in the form of spectacles. Google Glass might make you look a bit silly, or ev... Read More
Marketing watch: TripAdvisor users contribute new video advertising for cash prize
News / Technology
Marketing watch: TripAdvisor users contribute new video advertising for cash prize
By Nick Vivion | October 16, 2014
UPDATE: TripAdvisor reached out to Tnooz to share that the company actually boosted the winnings from $1k to $10k for all runners-up due to the quality of their submissions. Quite impressive jump in p... Read More
Travelzoo announces third quarter revenue dip
News / Distribution
Travelzoo announces third quarter revenue dip
By Linda Fox | October 16, 2014
Deals publisher Travelzoo has revealed a 10% decrease year-on-year to $33.5 million in revenue for the third quarter ending September 30. The company's net income for the period was $2.5 million wi... Read More
Google defends flight search - it's hard to do it well and industry doesn't appreciate us
News
Google defends flight search - it's hard to do it well and industry doesn't appreciate us
By Kevin May | October 16, 2014
Google chairman Eric Schmidt has claimed the company is still "working on it", in a wide-ranging speech about in search in general and its flight product. In a keynote address in Germany this week,... Read More
Abacus bombards market with new products driven by Sabre
News / Distribution
Abacus bombards market with new products driven by Sabre
By Martin Cowen | October 16, 2014
Abacus International's commercial and corporate relationship with Sabre is giving it the impetus to take control of the Asia Pacific distribution market, while also putting both at the front of the qu... Read More
What to do about credit card fraud in the travel industry?
News
What to do about credit card fraud in the travel industry?
By Viewpoints | October 16, 2014
Consumers, businesses and the credit card industry are plagued by the increasing occurrences of credit card fraud from small to large incidences. NB: This in an analysis by Coleen Smith from WEX In... Read More
Startup pitch: TourMatters takes a media approach to multi-day tours
News
Startup pitch: TourMatters takes a media approach to multi-day tours
By Sean O'Neil | October 15, 2014
Boston-based startup TourMatters seems, at first glance, to be just another tours-and-activities website. But a second look reveals that it is exclusively focused on multi-day tours and that it has... Read More
IATA and Travel Capitalist Ventures open a $5M NDC Innovation Fund
News / Distribution
IATA and Travel Capitalist Ventures open a $5M NDC Innovation Fund
By Sean O'Neil | October 15, 2014
Today at its annual conference, the International Air Transport Association (IATA) said it was creating a stand-alone venture capital fund, the NDC Innovation Fund. The fund is jointly run by Trave... Read More
Datalex leads NDC distribution pilot with Swiss Air fare family and ancillaries
News / Distribution
Datalex leads NDC distribution pilot with Swiss Air fare family and ancillaries
By Sean O'Neil | October 15, 2014
The pace is quickening for the travel industry's adoption of dynamic packaging for airline retail products and ancillaries. Dublin-based Datalex, a provider of ecommerce tools, says that its retai... Read More
Chinese travelers booking over 30% of travel via mobile [INFOGRAPHIC]
News / Distribution
Chinese travelers booking over 30% of travel via mobile [INFOGRAPHIC]
By Nick Vivion | October 15, 2014
The revenue specialists at eRevMax have compiled statistics on the chinese traveler, highlighting some key takeaways when targeting the Chinese travel industry. The vast majority of Chinese Interne... Read More
Hertz rolls out companion app to facilitate pre-rental trip planning
News / Technology
Hertz rolls out companion app to facilitate pre-rental trip planning
By Nick Vivion | October 15, 2014
Rather than concede to the pervasive mobile mapping app, Hertz has created a companion mobile app product to enhance the utility - and thus perceived value - of its in-car GPS system, NeverLost. Th... Read More
Hey there, travel startup, you want to work with an airline eh?
News / Online
Hey there, travel startup, you want to work with an airline eh?
By Daniele Beccari | October 15, 2014
If they will admit it or not is another thing entirely, but all travel startups at some stage dream of striking a deal with a major airline. Working with an airline means PR and visibility, pride,... Read More
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