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Hostelworld suffers 9% EBITDA decline in 2019, expects loss due to coronavirus
By Steven Lerner
|
March 4, 2020
Hostelworld Group reports a 9% decrease in EBITDA to €20.5 million for the full-year in 2019 and...
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News
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Online
VIDEO: American Express GBT on rogue spend, digital experience and content fragmentation
By Linda Fox
|
March 4, 2020
American Express GBT's Evan Konwiser, executive vice president of product and strategies, joins us in...
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News
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Technology
Hospitality startup Oaky raises $9.5M to develop upsell technology
By Steven Lerner
|
March 4, 2020
Hotel upsell platform Oaky is embarking on its next phase of growth and development following its...
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News
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Technology
Alphabet’s autonomous vehicle unit Waymo rides off with $2.25B investment
By Steven Lerner
|
March 4, 2020
Waymo, the autonomous vehicle subsidiary of Google’s parent Alphabet Inc., is welcoming its first...
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News
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Startups
Lanes & Planes lands $10M to expand customer base, develop corporate travel tech
By Linda Fox
|
March 3, 2020
The round was led by Battery Ventures, with DN Capital and Connect Ventures, an existing investor,...
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Startups
STARTUP STAGE: GoodBooker wants to end homelessness with every hotel booked
By Steven Lerner
|
March 3, 2020
For every hotel room booked on its platform, GoodBooker gives funding to leading homeless charities...
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News
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Online
Travelzoo posts declining operating profit in Q4, pins hope on acquisition of Jack’s Flight Club
By Steven Lerner
|
March 2, 2020
Travelzoo reported a decrease in operating profit to $818,000 in the fourth quarter of 2019 from $2.8...
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News
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Distribution
Corporate travel industry could see $47B per month hit from coronavirus
By Linda Fox
|
March 2, 2020
In a GBTA survey, two thirds of companies have cancelled a “few” meetings or events while 18% say they...
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News
/
Technology
Limehome welcomes €21M in funding to grow apart-hotel concept
By Steven Lerner
|
March 2, 2020
Alternative accommodations provider Limehome has raised €21 million, bringing its total funding to...
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News
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Distribution
Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020
By Steven Lerner
|
February 28, 2020
Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS...
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