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U.S. travel agents: Proving to be resilient and thriving
By Phocuswright Research
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March 8, 2024
Travel agencies have proven resilient, and the market is thriving. Today, the focus is on adopting new technologies and greater specializations for more personalized, targeted service....
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News
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Technology
WTTC partners with Oliver Wyman to drive sustainability in travel
By Linda Fox
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March 7, 2024
WTTC and Oliver Wyman are helping the industry navigate the regulatory landscape when it comes to sustainability, while startups BeCause and Weeva are helping hotels with data collection and insights....
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News
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Distribution
Why the Olympics, Taylor Swift mean more to STRs than just a revenue boost
By D.J. Catron
|
March 7, 2024
As short-term rentals grapple with new regulations, major events and tourist preferences may help solidify their place in the travel industry. ...
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News
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Technology
OpenAI wants to inspire European cities to use GenAI for tourism
By Mitra Sorrells
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March 6, 2024
OpenAI is partnering with the city of Dublin to create an itinerary planner built on GPT-4 and to host a workshop in the fall for leaders of other tourism destinations across the EU....
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News
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Online
Evaneos invests in Planeterra as part of partnership to foster community tourism
By Mitra Sorrells
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March 6, 2024
Evaneos is an online marketplace connecting travelers with local tourism agencies around the world, and Planeterra is a nonprofit founded by G Adventures founder Bruce Poon Tip....
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News
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Online
Booking Holdings' Fogel calls for "smart regulations" in Europe
By Linda Fox
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March 6, 2024
The company has had decisions from European lawmakers go against it in recent months, from its blocked acquisition of Etraveli to the threat of being tagged a digital gatekeeper under the looming Digital Markets Act....
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News
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Startups
Digital tipping solution Grazzy adds IHG to portfolio of brand partners
By Mitra Sorrells
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March 5, 2024
Grazzy, a PhocusWire Hot 25 Travel Startup for 2024, enables hotel guests to tip without cash and without requiring an app download or account setup....
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News
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Online
Plusgrade gets investment from General Atlantic to fuel growth, M&A
By Mitra Sorrells
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March 5, 2024
Founded in 2009, Plusgrade provides ancillary revenue solutions and loyalty expertise for travel suppliers, with more than 200 customers across a variety of sectors....
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News
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Startups
SITA serves as lead investor in Indicio’s Series A funding round
By Morgan Hines
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March 5, 2024
SITA and Indicio began working together during the pandemic and have since expanded their partnership to develop a digital travel credential using blockchain and biometrics....
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News
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Technology
Kayak launches image recognition tool to compare flight prices from a screenshot
By Derek Catron and Morgan Hines
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March 5, 2024
Extensive training of ChatGPT’s AI model on Kayak’s database of billions of consumer travel queries helped produce the metasearch site’s new features....
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News
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Startups
Life House reaches "amicable resolution" with departing founder and CEO Rami Zeidan
By Mitra Sorrells
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March 4, 2024
Zeidan told PhocusWire he is “incredibly proud of what Life House has achieved ... and is looking forward to applying [his] learnings towards his next company.” ...
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News
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Technology
Despegar debuts GenAI travel assistant for trip inspiration and booking
By Mitra Sorrells
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March 4, 2024
Customers can use the "Sofia" tool through text or voice or by clicking on visual options and can return to chats even days later with the interaction saved in the system....
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News
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Online
Airbnb removes 100,000 listings, expands listing verification
By Morgan Hines
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March 4, 2024
As part of its “spring update,” Airbnb shared news of de-listings, verification, highlights and more....
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News
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Online
Mews raises $110M at $1.2B valuation
By Mitra Sorrells
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March 4, 2024
Mews said it crossed $100 million in annualized net revenue in the last year. It will use the funding to accelerate its global expansion, product growth and acquisition strategy....
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News
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Online
TravelAI relaunches Casai website with focus on luxury short-term rentals
By D.J. Catron
|
March 1, 2024
After acquiring the domain name of the Latin American short-term rental startup, TravelAI will use the site to target travelers interested primarily in the Mediterranean and Caribbean. ...
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