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News / Technology

Electric air taxi developer Joby Aviation acquires autonomy tech company

By D.J. Catron | June 5, 2024

The acquisition of Xwing’s autonomy division will benefit Joby Aviation’s near-term piloted operations as well as fully autonomous operations in the future.... Read More

News / Online

International business travel declining amid inflation, report finds

By D.J. Catron | June 5, 2024

HotelHub analyzed 15 million hotel bookings dating back to 2022, revealing an uncertain business travel environment driven by persistent inflationary pressures. ... Read More

News / Distribution

U.K. regulator investigating Amex GBT acquisition of CWT

By Linda Fox | June 5, 2024

A statement from Amex GBT said the company had “voluntarily notified the CMA of the transaction for antitrust approval in the U.K.”... Read More

News / Technology

Accor embarks on CRS migration with Amadeus

By Linda Fox | June 5, 2024

The goal is to have the first hotel live on the system in a year, and France-based Accor is prioritizing luxury properties in North America to migrate first.... Read More

News / Online

India-based online travel agency Ixigo will open IPO Monday

By Mitra Sorrells | June 4, 2024

The IPO includes an issuance of fresh shares worth about $14.5 million and the sale of nearly 67 million shares from existing shareholders.... Read More

News / Online

With “innovationism” as its new philosophy, Trip.com Group comes roaring back

By Yeoh Siew Hoon - WiT | June 3, 2024

At its event last week, Trip.com Group leadership outlined the company's goal to be the number one OTA for flights in five years, powered by growth driven by higher-tier members and younger generations.... Read More

News / Distribution

European tour operator FTI files for insolvency

By Linda Fox | June 3, 2024

The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies.... Read More

News / Online

5 noteworthy stats about U.K. travelers

By Phocuswright Research | June 3, 2024

Phocuswright’s U.K. Consumer Travel Report 2024, based on a survey of British leisure travelers, provides a comprehensive range of data and analysis on the trip life cycle for consumers in the U.K. ... Read More

News / Technology

From security to cloud, 4 tech insights from hospitality execs

By Linda Fox | June 3, 2024

Executives from across the hospitality industry discuss how new and old technologies are helping and hindering the sector.... Read More

News / Online

Tours and activities platform Headout acquires Dabble to build AI experiences

By Mitra Sorrells | May 31, 2024

Headout said it will use Dabble’s capabilities to build “a new generation of AI-powered travel experiences for Headout users."... Read More

News / Technology

Korea’s KakaoMobility plans to offer electric air taxi flights by 2026

By D.J. Catron | May 30, 2024

The deal with Korea-based mobility service platform KakaoMobility includes plans to purchase of up to 50 of Archer’s Midnight eVTOL aircraft valued at approximately $250 million. ... Read More

News / Online

SilverRail integrates with Google on rail search

By D.J. Catron | May 30, 2024

Google is launching United Kingdom rail directly into its search engine, while directing users to book tickets via SilverRail’s retailing platform.... Read More

News / Technology

Viva Aerobus gets real-time pricing through Fetcherr deal

By Linda Fox | May 30, 2024

Fetcherr says its large market model “understands market dynamics” and can forecast demand to improve pricing decisions for airlines.... Read More

News / Online

Online travel giants “step on the gas” for marketing spend in Q1

By D.J. Catron | May 30, 2024

Expedia Group, Booking Holdings, Airbnb and Trip.com Group spent a combined $4.08 billion on sales and marketing in the first quarter, building on 2023’s record year. ... Read More

News / Startups

Travel paytech company Swiipr raises £6 million

By Morgan Hines | May 29, 2024

The new funding is meant to help the company as it seeks to drive growth, particularly in the areas of research and development, artificial intelligence, data analytics and strategy, among others.... Read More

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