Linda Fox News

Lastminute Group to raise €95M to boost financial position
News / Distribution
Lastminute Group to raise €95M to boost financial position
By Linda Fox | May 20, 2020
The company says the equity capital will enable it to “capture business opportunities… at... Read More
cartrawler-investment-100M
News / Distribution
CarTrawler gets €100M investment to boost finances and drive growth
By Linda Fox | May 19, 2020
The company says it is well-placed for when travel recovers from the coronavirus outbreak with its... Read More
Travel startups look to find new stars among the industry-wide layoffs
News / Startups
Travel startups look to find new stars among the industry-wide layoffs
By Linda Fox | May 18, 2020
The headlines are full of layoffs, furloughs and hiring freezes across the travel and hospitality... Read More
travel-startups-beyond-2020
News / Startups
Travel startups on pent-up demand and opportunities in the "new normal"
By Linda Fox | May 15, 2020
Travel startups provide views on the shape of the recovery from the coronavirus outbreak and what's to... Read More
Lufthansa Group airlines to be removed from Sabre as pair fail to reach distribution agreement
News / Distribution
Lufthansa Group airlines to be removed from Sabre as pair fail to reach distribution agreement
By Linda Fox | May 14, 2020
Lufthansa and Sabre have been wrangling over distribution costs since 2015 - now the group's airlines... Read More
TUI targeting 30% reduction in costs and staff post-coronavirus, aims to accelerate digitalization
News / Distribution
TUI targeting 30% reduction in costs and staff post-coronavirus, aims to accelerate digitalization
By Linda Fox | May 13, 2020
TUI has slashed costs by 70% but is in talks with destinations such as Greece and Portugal for... Read More
Marriott sees net income fall to $31M for Q1 2020, notes trend towards hotel reopenings
News / Distribution
Marriott sees net income fall to $31M for Q1 2020, notes trend towards hotel reopenings
By Linda Fox | May 11, 2020
Marriott International boss Arne Sorenson notes encouraging signs of recovery in China and U.S. drive... Read More
Travel startup accelerator seeks ideas to help promote Russian tourism
News / Startups
Travel startup accelerator seeks ideas to help promote Russian tourism
By Linda Fox | May 11, 2020
Entrepreneur and cybersecurity expert Eugene Kaspersky is behind the initiative. He says that while it... Read More
"Darkest of days" for Tripadvisor as it reports revenue losses, reduced headcount for Q1 2020
News / Distribution
"Darkest of days" for Tripadvisor as it reports revenue losses, reduced headcount for Q1 2020
By Linda Fox | May 7, 2020
Bookings and revenue are down more than 90% for late March, says Tripadvisor as it reports its Q1 2020... Read More
Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition
News / Distribution
Despegar reports 32% hit to Q1 bookings, renegotiates Best Day acquisition
By Linda Fox | May 6, 2020
Despegar says bookings are down 32% and revenue is down 43% as it puts cost-cutting measures in place.... Read More
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