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.

Airline availability and solving the travelling salesman problem
News / Distribution
Airline availability and solving the travelling salesman problem
By Viewpoints | August 1, 2014
The first part of this viewpoint explored how Aerospike could help hospitality distribution, here we turn to air travel where there are similar issues, compounded by a version of the "travelling sales... Read More
Exit Iberia as Amadeus reports growth across distribution and IT
News / Distribution
Exit Iberia as Amadeus reports growth across distribution and IT
By Linda Fox | August 1, 2014
Iberia is selling its stake in Amadeus for Euro 578 million, putting an end to the 27-year relationship as one of its airline owners since the distribution company was founded in 1987. Back in 2012... Read More
Thomas Cook axes brochures in India, but agents still have huge role alongside web
News / Distribution
Thomas Cook axes brochures in India, but agents still have huge role alongside web
By Karthick Prabu | August 1, 2014
Indian tour operators believe a 100% online or tech-enabled world will not work for local travellers, with face-to-face service still vitally important. First of all, Ashwini Kakkar, executive vice... Read More
Expedia earnings: Strongest profit in a while -- up 25%
News / Distribution
Expedia earnings: Strongest profit in a while -- up 25%
By Sean O'Neil | July 31, 2014
Expedia Inc. CEO Dara Khosrowshahi had reason to smile today, as his company reported a second-quarter profit, due to sustained growth in bookings and advertising. During the quarter ended June 30,... Read More
The travel sharing economy is having its Napster Moment right now
News
The travel sharing economy is having its Napster Moment right now
By Viewpoints | July 31, 2014
Remember 1999? Sure you do. The dotcom bubble was in full effect: come up with any idea, really any idea, and add ".com" to it, and you could raise millions. We now know in hindsight that many of t... Read More
New US rankings for travel apps: Delta, Uber, and Hotels.com top the lists
News / Technology
New US rankings for travel apps: Delta, Uber, and Hotels.com top the lists
By Sean O'Neil | July 31, 2014
Tracking the success of mobile apps remains more of an art than a science. But comparisons and estimates are becoming more plausible thanks to new travel and transportation app indexes from App Ann... Read More
GetYourGuide raises $25 million as tours and activities take centre stage
News / Distribution
GetYourGuide raises $25 million as tours and activities take centre stage
By Kevin May | July 31, 2014
Who said tours and activities is a tricky sector? Not TripAdvisor, it seems, nor GetYourGuide after raising $25 million in Series B. The latest injection comes via Spark Capital and Highland Capita... Read More
The rise of mobile ad spending in the travel industry
News / Technology
The rise of mobile ad spending in the travel industry
By Viewpoints | July 31, 2014
A sea of change is coming to the digital ad spend landscape in the travel industry. NB: This article is written by Mary Russell, a copywriter at PhoCusWright. Desktop spend on the decline Whi... Read More
Zaiseoul raises $680,000 to entice Chinese tourists to South Korea
News
Zaiseoul raises $680,000 to entice Chinese tourists to South Korea
By Karthick Prabu | July 31, 2014
K Cube Ventures has pumped $680,000 into Zaiseoul, a South Korea-based travel advice service for Chinese tourists. The Series A investment will be used to expand the brand further into China and he... Read More
Japan Airlines gets Amadeus Altea, DataArt automates Triometric, and more
News
Japan Airlines gets Amadeus Altea, DataArt automates Triometric, and more
By PhocusWire | July 30, 2014
This is a roundup of product news and announcements for travel SYSTEMS in tourism and hospitality for July 2014. Thursday 31 July 2014: Japan Airlines to implement Amadeus Altea solution The... Read More
Chinese travel giant CTrip reports torrid growth, but faces a price war
News
Chinese travel giant CTrip reports torrid growth, but faces a price war
By Sean O'Neil | July 30, 2014
CTrip, the largest Chinese online travel agency by revenue, continues to enjoy growth levels that its Western competitors could only dream of. But the company is also increasingly being bruised by... Read More
The sharing economy begins assault on business travel
News / Distribution
The sharing economy begins assault on business travel
By Nick Vivion | July 30, 2014
The annual Global Business Travel Association Convention is generally the bastion of big business, with legacy companies exhibiting to retain and grow their corporate client lists. Some startups targe... Read More
Egencia previews predictive search and card-based functionality on iPad
News / Technology
Egencia previews predictive search and card-based functionality on iPad
By Nick Vivion | July 30, 2014
Egencia, the travel management brand under the Expedia corporate umbrella, used this year's GBTA event to preview a new product iteration on mobile. The company has set up a small team, headed by T... Read More
Hotels and packages growing strong for MakeMyTrip as EasyToBook buy kicks in
News
Hotels and packages growing strong for MakeMyTrip as EasyToBook buy kicks in
By Karthick Prabu | July 30, 2014
MakeMyTrip's hotels and packages business revenue now contributes about 82% of the company's revenue. Revenue from the hotel and packages (H & P) business in the quarter ending June 2014 (witho... Read More
Getting under the hood of why Aerospike technology is good for travel
News / Distribution
Getting under the hood of why Aerospike technology is good for travel
By Viewpoints | July 30, 2014
Aerospike (the fastest read/write database that operates in-memory, on flash, as a hybrid and on disk as well) is a huge deal in the travel sector. NB: This is part one of a two-part viewpoint from... Read More
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