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Online
OTA Insight raises $80M Series B funding for expansion
By Mitra Sorrells
|
November 18, 2021
The company currently serves more than 55,000 properties in 185 countries and says it will use the funding for product innovation and global expansion.
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News
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Online
Revinate acquires AI messaging solution Go Moment
By Mitra Sorrells
|
November 17, 2021
The combined company will be called Revinate and Go Moment CEO Raj Singh will become chief strategy officer.
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News
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Online
Google highlights travel trends that will shape travel in 2022
By Jill Menze
|
November 16, 2021
According to the online search giant, travel will become more meaningful, inclusive and purposeful moving into 2022.
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News
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Distribution
Expedia Group nearly matches 2019 profit levels in Q3 2021
By Mitra Sorrells
|
November 4, 2021
Expedia Group says recovery in Q3 2021 was led by leisure and domestic travel, coming in particular from Vrbo.
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Online
Airbnb Q3 revenue tops $2.2B in record quarter
By Jill Menze
|
November 4, 2021
For the third quarter of 2021, Airbnb also reported its most profitable quarter ever with net income reaching $834 million.
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Europe travel drives Booking Holdings' revenue uptick in Q3
By Mitra Sorrells
|
November 3, 2021
Booking Holdings reports that room nights booked in Q3 2021 increased to 183 million and revenue increased to $4.7 billion – putting it just shy of Q3 2019 revenue of $5 billion.
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News
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Technology
Cloudbeds raises $150M to accelerate R&D and customer acquisition
By Mitra Sorrells
|
November 3, 2021
The company says it currently serves more than 22,000 properties, including independent hotels, hostels, vacation rentals, and hotel groups, across 157 countries.
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News
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Distribution
Royal Caribbean tells travel agents: "Don't be afraid of digital"
By Ian Jarrett - Travel Weekly Asia
|
November 3, 2021
Travel partners who are digitally selling cruises have been able to recover business and grow their cruise business faster than others who have not yet gotten into that game successfully.
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News
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Technology
Cendyn, Pegasus merge to help hoteliers boost direct bookings
By Mitra Sorrells
|
November 2, 2021
The financial terms of the merger are not being disclosed and details about “branding, structure and leadership” will be shared once the deal is finalized in about a month.
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News
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Online
Trivago eyes Spring for return of normal travel
By Linda Fox
|
November 1, 2021
The company has seen gains in net income, total revenue and EBITDA as a result of a recovery in referral revenue and qualified referrals in Europe and the Americas.
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News
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Online
Intrepid Travel unveils brand, product refresh
By Rebecca Tobin - Travel Weekly
|
October 25, 2021
The company has retooled its tour lineup, committing to a new product statement of sustainable, experience-rich travel and "the joyful travel experience."
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News
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Technology
Payments app Klarna enters travel with Inspirock acquisition
By Jill Menze
|
October 25, 2021
Using Inspirock's technology, Klarna will enable its customers to buy now and pay later for travel.
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News
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Online
Viator tests new commission rate, raising skepticism with operators
By Jill Menze
|
October 22, 2021
Called Accelerate, Viator’s new program allows tour operators to pay to boost their visibility. Some are questioning the strategy.
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News
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Online
VIDEO: The Big Picture issues in alternative accommodation
By PhocusWire
|
October 14, 2021
Witnesses to the meteoric rise of the alternative accommodation sector will know that its growth will continue to face a number of challenges alongside the obvious opportunities.
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News
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Technology
VIDEO: The vital role of tech in alternative accommodations
By PhocusWire
|
October 12, 2021
Speaking during PhocusWire Pulse, Rentals United CMO Vanessa de Souza Lage explains the core technologies property managers need to thrive.
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