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Startups
Tracking travel startup investment trends in 2023
By Linda Fox
|
December 20, 2023
Many startups weathered 2023 and demonstrated if not actual profit, then at least a path to profitability, which helped them attract funding. ...
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News
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Distribution
TBO acquires distribution platform Jumbonline for €25M
By Mitra Sorrells
|
December 19, 2023
Jumbonline distributes a range of products for wholesalers and tour operators through an API solution that gives access to more than 120,000 hotels across Europe, the Caribbean and North Africa....
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News
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Technology
Were travel experts right with their 2023 predictions?
By PhocusWire
|
December 19, 2023
Every year we ask industry executives and pundits to forecast what might happen across travel technology and distribution in the months to come. Here we look back on what was predicted for 2023 and what came true....
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News
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Online
4 trends point to positive outlook for major European markets
By Phocuswright Research
|
December 19, 2023
Consumers in the U.K., France, Germany, Italy and Spain consistently rank travel as their highest-priority discretionary spending area. However, there are key differences in travel behavior across these markets. ...
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News
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Online
Travel’s movers, shakers and newsmakers of 2023
By PhocusWire
|
December 19, 2023
These are some of the people PhocusWire has identified as playing key roles in the past year — and figure to be among those to watch in the year to come. ...
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News
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Online
HomeToGo announces largest majority stake acquisition to date
By Linda Fox
|
December 18, 2023
HomeToGo announces it has acquired a majority stake in KMW Reisen GmbH and Super Urlaub GmbH in an effort to bolster its marketplace with themed travel package options....
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News
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Technology
Three ways generative AI is improving the travel industry
By Morgan Hines
|
December 18, 2023
In a wide-ranging conversation at The Phocuswright Conference, leaders from Microsoft, Priceline and Amadeus discussed opportunities generative AI presents to the travel industry and how it's changing the industry already....
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News
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Startups
Smartpricing secures €13M to expand team, launch new products
By Linda Fox
|
December 15, 2023
Smartpricing uses its proprietary algorithm to process data on market, price as well as hotel historic data to help hoteliers increase turnover....
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News
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Startups
Young travel leaders build connections at The Phocuswright Conference
By PhocusWire
|
December 15, 2023
Aurélie Krau of #MissionNomad and Evan Konwiser of AmEx GBT joined Vanessa Karel of Greether to discuss the program in the PhocusWire studio. ...
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News
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Technology
The most popular news stories on PhocusWire in 2023
By PhocusWire
|
December 15, 2023
ChatGPT, the Hot 25 Travel Startups and news about major players like Expedia Group and Airbnb dominated the rankings. ...
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News
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Technology
Encore's "accidental" journey to becoming a tech-forward TMC
By Michael B. Baker - BTN
|
December 14, 2023
As a platform, Encore director of commercial strategy Jake Jonassohn compared its travel platform, Zii, to an "octopus" with everything built as microservices, such as the booking tool or duty-of-care platform....
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News
/
Online
Short-term rental companies Veeve, UnderTheDoormat Group merge
By Morgan Hines
|
December 14, 2023
As a combined entity, the group will serve as a full-service manager of “premium urban short lets” in Paris and London....
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News
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Online
Expedia Group's Julie Whalen talks tech transformation and travel demand
By Linda Fox
|
December 14, 2023
With just over a year as CFO of Expedia Group under her belt, Julie Whalen took to the stage at The Phocuswright Conference 2023 to discuss the company's technology developments, the impact of generative AI and the travel outlook....
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News
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Online
Bookings Holdings names new CFO to replace retiring Goulden
By Mitra Sorrells
|
December 13, 2023
Ewout Steenbergen will join the company in March as executive vice president and chief financial officer. He was most recently at S&P Global....
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News
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Technology
Nearly half of travel companies say they’ll increase ESG investment in ‘24
By Derek Catron
|
December 13, 2023
The survey commissioned by Amadeus included representatives from travel companies from nine markets and seven segments of the industry. ...
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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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