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Online
Vacasa raises revenue, profitability guidance after Q2 beats forecast
By Mitra Sorrells
|
August 10, 2022
Vacasa’s revenue in Q2 grew 31% year-over-year to $310 million and adjusted EBITDA came in at negative $2 million, head of guidance.
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Startups
Ex-Booking execs build new “connected trip” solution
By Mitra Sorrells
|
August 10, 2022
NeoKe uses decentralized, self-sovereign ID to remove friction from the travel experience and improve conversions for suppliers.
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News
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Online
ShareTrip gets $500K infusion to digitize Bangladesh travel sector
By Kathryn Walson
|
August 9, 2022
Founded in 2014, ShareTrip points to an "immense opportunity" to digitize Bangladesh's tech sector.
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News
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Online
Expedia Group posts highest ever Q2 revenue and profit
By Mitra Sorrells
|
August 4, 2022
Expedia Group revenue in Q2 was $3.2 billion - up 1% compared to Q2 2019 - and adjusted EBITDA came in at $648 million, up 14% versus the second quarter of 2019.
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Online
HRS acquires corporate payment solution Paypense
By Jill Menze
|
August 4, 2022
HRS has acquired Germany-based Paypense, which allows employees to use digital payment technology for all work-related purchases, not just travel.
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News
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Online
Uber broadens ground transport offering via Omio partnership
By Linda Fox
|
August 4, 2022
The deal will enable Uber users to search and book international and national rail and coach trips via the app.
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News
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Online
Booking Holdings nearly doubles revenue in Q2 2022
By Jill Menze
|
August 3, 2022
Revenues for Q2 2022 were up 99% year-on-year to $4.3 billion, while room nights booked surpassed 2019 levels.
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News
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Online
Airbnb posts record Q2 income of $379M on $2.1B revenue
By Mitra Sorrells
|
August 2, 2022
Airbnb says growth in “Nights and Experiences booked” and strong daily rates drove revenue up 58% compared to Q2 2021.
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News
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Online
Uber doubles revenue to $8.1 billion in Q2 2022
By Jill Menze
|
August 2, 2022
Gross bookings for the quarter also reached an all-time high, growing 33% to $29.1 billion.
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News
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Online
Google's three best practices to capture travel demand
By Mitra Sorrells
|
August 2, 2022
As travel-related searches increase, Google offers tips on how brands can use data to drive bookings.
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News
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Startups
Tripbtoz expands to Singapore, San Francisco with Series B raise
By Yeoh Siew Hoon - WiT
|
July 29, 2022
The Seoul-based online travel agency has raised $8 million to-date.
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News
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Online
Hopper, Trivago and Etraveli on innovating from the middle
By PhocusWire
|
July 27, 2022
At Phocuswright Europe, the travel intermediaries discussed innovation strategies, mergers and acquisitions and economic challenges.
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News
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Distribution
Consumer demand fuels $70B airport mobility opportunity
By Jill Menze
|
July 26, 2022
Travelers say they are open to booking airport mobility from their flight or travel vendors, though they’re often unaware of options.
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News
/
Startups
Spotnana raises $75M Series B to grow cloud-based travel platform
By Mitra Sorrells
|
July 26, 2022
Since its launch last fall, Spotnana says it has added several corporate customers, including Brex, as well as TMCs and technology partners using its system.
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News
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Technology
Alaska Airlines launches electronic bag tags to streamline check-in
By Kathryn Walson
|
July 25, 2022
The electronic bag tags can be activated up to 24 hours before a flight via the Alaska Airlines app.
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