News
xie zhu technology funding
Smart hotel specialist Xie Zhu Technology overcomes "capital winter" to raise $37M
By Steven Lerner | January 17, 2020
Xie Zhu Technology says it will use the funding for technology research and development, expanding into new markets in Southeast Asia and to prepare for a potential IPO in 2020.  ... Read More
News | Technology
Future IPO a "strong possibility" for SiteMinder as it lands fresh funding
Future IPO a "strong possibility" for SiteMinder as it lands fresh funding
By Linda Fox | January 16, 2020
SiteMinder lands significant fresh investment valuing the company at around $762 million and the prospect of a public listing in the future.... Read More
News | Distribution
Booking.com launches CityBook as test app for destination tools and services
Booking.com launches CityBook as test app for destination tools and services
By Kevin May | January 16, 2020
The app, known as CityBook, is a "digital guide" for destinations that will combine content, planning tools such as maps, navigation and experiences.... Read More
News | Online
qtrip-new-ota
Industry veteran launches new boutique OTA
By Mitra Sorrells | January 16, 2020
Industry veteran Jeff Klee is launching a new online travel agency, Qtrip, that will eventually replace his original site, CheapAir.... Read More
News | Online
Ryanair wins legal ruling against Skyscanner over display of fares
Ryanair wins legal ruling against Skyscanner over display of fares
By Linda Fox | January 16, 2020
Ryanair granted interim injunctions against Skyscanner.de in a Hamburg court.... Read More
News | Distribution
Hotels stuck in a market where online travel agency rate issues still burn
Hotels stuck in a market where online travel agency rate issues still burn
By Kevin May | January 16, 2020
In a series of questions posed to participants on a recent webinar hosted by PhocusWire with wholesaler Hotelbeds, hotels indicated a range of issues that still exist around rate parity.... Read More
News | Distribution
Travel and tourism organizations push for action on climate emergency
Travel and tourism organizations push for action on climate emergency
By Linda Fox | January 15, 2020
Travel companies and organizations have joined forces to take steps to reduce carbon emissions, while a report assesses the total impact of a holiday from transport to food.... Read More
News | Distribution
Locale series a round
Boutique apart-hotel brand Locale captures $11M to spur expansion, production innovation
By Steven Lerner | January 15, 2020
The company says it will use the funding to invest in digital product innovation, hire executive-level talent and expand operations into new cities.  ... Read More
News | Online
offsetting air travel emissions
Offsetting carbon emissions is soaring in air travel - but is it effective?
By Steven Lerner | January 15, 2020
As the movement to reduce carbon emissions through offsetting has grown, so, too, have questions about the efficacy of the endeavor.... Read More
News | Technology
Amid sustainability concerns, cruise industry urged to wake up
Amid sustainability concerns, cruise industry urged to wake up
By Yeoh Siew Hoon - WIT  | January 15, 2020
Just as the word “sustainability” has taken the aviation world by storm, with flight shaming impacting air travel, cruise companies are also bracing themselves for potential backlash against their industry.... Read More
News | Online
sap-concur-shuts-hipmunk
SAP Concur shuts down metasearch engine Hipmunk
By Jill Menze | January 14, 2020
SAP Concur says it is “retiring” both the consumer-facing Hipmunk product as well as travel and expense product Concur Hipmunk and will stop supporting the brand on January 23.... Read More
News | Online
Comtravo gets Microsoft venture fund on board with €9M round
Comtravo gets Microsoft venture fund on board with €9M round
By Linda Fox | January 14, 2020
The investment comes from Microsoft’s venture fund M12 and Joop Drechsel, former CEO of BCD Travel, who joins Comtravo’s board, as well as a number of other investors.... Read More
News | Startups
omio-north-america-launch
Omio launches in North America with 20 partners, 23,000 routes
By Mitra Sorrells | January 14, 2020
Omio is adding routes in the United States and Canada to its multimodal transportation platform.... Read More
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ToursByLocals cover image
ToursByLocals survives decade of bootstrapping, raises $33M to accelerate growth
By Steven Lerner | January 13, 2020
Tritium Partners is leading the investment and is receiving a minority equity stake in the company.... Read More
News | Distribution
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
By Steven Lerner | January 13, 2020
This latest investment, which is all equity, brings the company's total funding to date to €5 million.  ... Read More
News | Technology