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Startups
Jeff Katz is shutting down Journera, his startup that tried to create a connected trip
By Mitra Sorrells
|
February 8, 2024
The founder of Orbitz created Journera in 2016 with the goal of creating a secure, real-time data exchange for creating more seamless travel journeys....
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News
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Online
Peter Kern stepping down, Ariane Gorin to take over as Expedia Group CEO in May
By Mitra Sorrells and Derek Catron
|
February 8, 2024
Kern has been Expedia Group's CEO since April 2020. The announcement came during an earnings call in which the company reported its highest ever full-year and fourth quarter revenue....
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News
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Startups
Travel startup Nicer raises $2M to bring AI to travel advisors
By Mitra Sorrells
|
February 8, 2024
The startup launched last year and has several prominent advisors, including Microsoft's Shane O'Flaherty and Brook Bay Capital founder Gilad Berenstein....
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News
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Online
Project 3 Mobility raises €100M
By Morgan Hines
|
February 8, 2024
Autonomous mobility as a service platform Project 3 Mobility closes its Series A round as it works on urban mobility systems....
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Startups
Cosmic Aerospace raises $4.5M for electric aircraft development
By PhocusWire
|
February 7, 2024
The electric aircraft startup will use the seed funding to advance technology for its zero-emission vehicles capable of carrying 24 passengers and flying 600 miles. ...
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News
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Technology
Duetto focuses on groups and events with acquisition of Micerate
By Linda Fox
|
February 7, 2024
The Micerate platform brings revenue optimization tools to hotels, makes the quoting process more efficient and creates personalized meeting and event space booking engines for properties....
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News
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Online
Uber reports first full-year profit on strong global growth
By Derek Catron
|
February 7, 2024
Surging global travel demand aided the ride-sharing giant, which saw its number of trips increase 24% to reach 2.6 billion in Q4 and more than 9.4 billion for the year....
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News
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Online
Trivago counting on increased marketing spend to improve results
By Linda Fox
|
February 7, 2024
Full year revenue for the hotel metasearch service came in at €485 million, down 9% versus 2022, and €92 million for the quarter, down 13% year over year....
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News
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Technology
Airline tech bosses prioritize artificial intelligence investment
By Linda Fox
|
February 7, 2024
Airline technology spend has been increasing since 2020 and was expected to hit approximately $35 billion in 2023, up from 2022’s figure of $30 billion, according to the SITA Air Transport IT 2023 report....
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News
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Technology
Travel early adopters share lessons after year with generative AI
By Derek Catron
|
February 7, 2024
PhocusWire is checking in with some of travel's early adopters in using generative artificial intelligence, beginning with three startups, to find out what they have learned from their first year of working with the technology....
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News
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Online
New report identifies four elements of an effective travel loyalty program
By Mitra Sorrells
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February 6, 2024
Sustainability, lifestyle rewards, personalization and integration of fintech tools stand out in iSeatz’ survey of consumers and loyalty program managers. ...
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News
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Online
Google sunsets two ad products designed to help hotels during COVID
By Mitra Sorrells
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February 6, 2024
Google said the products are being eliminated in part because they rely on third-party cookies, which will be phased out later this year, and also because usage has declined as travel volumes have picked up....
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News
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Online
Turbulence ahead: Aviation leaders brace for elevated flight disruptions
By Derek Catron
|
February 6, 2024
Flight disruptions are 300% above historical norms, and aviation leaders expect those levels to remain elevated, a new study from Amadeus finds. ...
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News
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Technology
Trip.com Group creates travel app for Apple Vision Pro
By Morgan Hines
|
February 5, 2024
Trip.com Group's Trip.Vision app is intended to bring realistic destination experiences to users at home - enabling them to to virtually explore places including Antarctica, the Maldives, Mount Everest and more....
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News
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Technology
Phocuswright’s 2024 guide to travel innovation and tech
By Phocuswright Research
|
February 5, 2024
The Phocuswright report from a team of researchers looks at the most significant innovation trends in travel technology and distribution for 2024 and beyond. ...
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AI tools are becoming a single point of failure for hotels: How to reduce the risk
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IHG working with Google agentic booking pilot, wider AI initiatives
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Google to buy Spirit Airlines' data for $10M
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Expedia Group makes AI-motivated leadership cuts
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PhocusWire's travel tech news briefs: Sabre, Eurostar, Civitatis and more...
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What Google's purchase of Spirit Airlines' data signals for travel
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Hotel room service platform CAMO raises $4M
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HomeToGo links operational gains to internal AI use
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