News

Despegar reports record quarter for revenue
News / Online
Despegar reports record quarter for revenue
By Linda Fox | August 17, 2023
The Latin America OTA reported its first positive quarter since 2019 with net income of $28 million.... Read More
AI Insights: Generative AI in hotel search and booking
News / Online
AI Insights: Generative AI in hotel search and booking
By PhocusWire | August 17, 2023
Geneceby Demir, CTO of Otelz, answers our questions about how the company is working with generative artificial intelligence technology.... Read More
You, Me & The Machine: The Phocuswright Conference 2023
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You, Me & The Machine: The Phocuswright Conference 2023
By PhocusWire | August 17, 2023
Make plans to attend The Phocuswright Conference in November for Center Stage sessions featuring industry leaders along with dedicated programs for innovation, diversity, Young Leaders and more.... Read More
Hopper adds Air Canada as first airline partner for Hopper Cloud
News / Technology
Hopper adds Air Canada as first airline partner for Hopper Cloud
By Derek Catron | August 16, 2023
For a fee, travelers can add Hopper-powered “Cancel for Any Reason” to eligible non-refundable fare types booked on the Air Canada website.  ... Read More
Travel tech platform Mondee acquires Skypass, reports Q2 net revenue of $57M
News / Distribution
Travel tech platform Mondee acquires Skypass, reports Q2 net revenue of $57M
By Mitra Sorrells | August 15, 2023
Skypass is the fourth acquisition for Texas-based Mondee this year, as the company looks to expand both geographically and into new content and distribution channels.... Read More
Business travel rebounding: Expected $1.8T spend by 2027
News / Online
Business travel rebounding: Expected $1.8T spend by 2027
By Morgan Hines | August 15, 2023
Global business travel is expected to have an accelerated recovery, according to a new report from the Global Business Travel Association and Visa.... Read More
HomeToGo hits revenue highs in the second quarter
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HomeToGo hits revenue highs in the second quarter
By Linda Fox | August 15, 2023
Booking revenues increased more than 8% in Q2 to €50 million compared with €46 million year-over-year.... Read More
Online travel giants seeking to mix up marketing channels
News / Online
Online travel giants seeking to mix up marketing channels
By Linda Fox | August 15, 2023
Online travel giants Booking Holdings, Expedia Group and Airbnb increased marketing investment marginally in Q2 as all strive to make the most of direct channels.... Read More
Booking.com for Business enhances data visibility with Traxo partnership
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Booking.com for Business enhances data visibility with Traxo partnership
By Mitra Sorrells | August 15, 2023
The collaboration will give Booking.com for Business clients, who are spread across nearly 200 countries, the ability to see data about bookings made at any point of travel sale.... Read More
Google to join sustainable aviation fuel program
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Google to join sustainable aviation fuel program
By Derek Catron | August 15, 2023
The program, headed by American Express Global Business Travel and Shell Aviation, also includes Aon, Bank of America, Delta, Cathay Pacific, JetBlue and Japan Airlines.  ... Read More
Archer secures $215M investment for eVTOL development
News / Technology
Archer secures $215M investment for eVTOL development
By Derek Catron | August 15, 2023
The company also announced its Midnight aircraft received FAA certification, an important step on its path to commercial operations in 2025.... Read More
Trends, product updates and launch news from GBTA
News / Technology
Trends, product updates and launch news from GBTA
By PhocusWire | August 14, 2023
The gathering of the global business travel industry is getting underway in Dallas, and we’ve rounded up some of the key announcements from travel management companies and technology players.... Read More
Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group
News / Online
Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group
By Mitra Sorrells | August 11, 2023
As publicly traded travel companies continue to report their earnings for the three months ending in June, we round up the latest reports.  ... Read More
Cornerstone teams with Traxo on better business travel data
News / Technology
Cornerstone teams with Traxo on better business travel data
By Derek Catron | August 11, 2023
Cornerstone Information Systems plans to integrate Traxo’s out-of-channel travel bookings into its data and automation products.  ... Read More
Mastercard report sees business travel at tipping point
News / Online
Mastercard report sees business travel at tipping point
By Derek Catron | August 10, 2023
With global business travel staging a comeback after years of uncertainty, Mastercard’s survey of travel decision makers identifies opportunities to support transformation.  ... Read More