News

New Booking.com survey finds travelers feel weary, disillusioned about sustainability
News / Online
New Booking.com survey finds travelers feel weary, disillusioned about sustainability
By Mitra Sorrells | April 22, 2024
The annual global sustainability survey from Booking.com finds that while most travelers believe sustainable travel is important, 28% said they are tired of hearing about climate change.... Read More
AI dominates travel industry investment
News / Technology
AI dominates travel industry investment
By Linda Fox | April 22, 2024
Lufthansa Innovation Hub's research arm finds that AI and machine learning represented 65% of investment by the travel industry in recent years.... Read More
5 things to know about the U.K. travel market in 2024 and beyond
News / Online
5 things to know about the U.K. travel market in 2024 and beyond
By Phocuswright Research | April 22, 2024
In 2023, the U.K. travel market experienced significant growth, with gross bookings increasing 19%, driven by robust expansion in online bookings, mobile transactions and key sectors like airlines and car rentals.... Read More
Travel groups warn of fewer trips if U.S. adopts plan to lower credit card fees
News / Online
Travel groups warn of fewer trips if U.S. adopts plan to lower credit card fees
By Johanna Jainchill and Robert Silk – Travel Weekly | April 19, 2024
A proposal to lower credit card fees could have the unintended consequence of reducing travel by cutting into the funds that support loyalty programs, data from the U.S. Travel Association shows.  ... Read More
Riskline, Travlr ID link to bolster travel safety
News / Technology
Riskline, Travlr ID link to bolster travel safety
By Morgan Hines | April 18, 2024
Riskline and Travlr ID are partnering to offer real-time risk intelligence for travelers.... Read More
Delta partners with Accelya, Google on new NDC plans
News / Distribution
Delta partners with Accelya, Google on new NDC plans
By D.J. Catron | April 18, 2024
The last of the three major U.S. airlines to embrace modern retailing and distribution announced the partners it will work with, including IATA and ARC.... Read More
Consortium led by Certares will invest €125M as part of agreement with FTI Group
News / Online
Consortium led by Certares will invest €125M as part of agreement with FTI Group
By Morgan Hines | April 18, 2024
FTI Group will use the new funding to bolster growth and pay for a “digital transformation.”... Read More
Ramp raises $150M to bring AI to spend management
News / Startups
Ramp raises $150M to bring AI to spend management
By Linda Fox | April 18, 2024
Eric Glyman, co-founder and CEO of Ramp, said the funding would go to "the next wave of innovation," which includes AI developments.... Read More
Travel companies navigate changes to Google’s search function
News / Technology
Travel companies navigate changes to Google’s search function
By Morgan Hines | April 18, 2024
Some travel companies have seen changes in search results following Google’s latest update, which addresses in part “low quality AI-generated content that’s designed to attract clicks.” ... Read More
Skyports lands $110M for air taxi infrastructure development in Dubai
News / Startups
Skyports lands $110M for air taxi infrastructure development in Dubai
By Linda Fox | April 17, 2024
After announcing a deal to develop vertiports in Dubai earlier this year, Skyports has received investment from ACS Group to help build the air taxi infrastructure.... Read More
Expedia Group launches sustainable programs for destinations
News / Online
Expedia Group launches sustainable programs for destinations
By D.J. Catron | April 17, 2024
The programs are designed to help destination marketing and management organizations promote sustainable travel and tourism in their communities.  ... Read More
Google spotlights more sustainable ways to travel
News / Online
Google spotlights more sustainable ways to travel
By D.J. Catron | April 17, 2024
Google is launching new and expanded features in its Maps and Search functions for users seeking more sustainable travel options.  ... Read More
Profitroom sells majority stake, plots expansion
News / Technology
Profitroom sells majority stake, plots expansion
By Linda Fox | April 17, 2024
Funds from Profitroom's sale of a 65% stake will help it drive expansion.... Read More
Is technology bringing the "perfect trip" nearer?
News / Technology
Is technology bringing the "perfect trip" nearer?
By Linda Fox | April 17, 2024
PhocusWire talks to Steve Singh, Concur co-founder and former CEO turned travel startup investor, on how technology is keeping the drive for the "perfect trip" alive.... Read More
Airbnb calls for STR policies for renters
News / Online
Airbnb calls for STR policies for renters
By D.J. Catron | April 16, 2024
Airbnb announced plans to work with local governments in support of short-term rental rules that will allow renters to earn extra income by sharing their home.  ... Read More