News

Peakwork acquired by Constellation Software
News / Technology
Peakwork acquired by Constellation Software
By Linda Fox | April 17, 2023
Germany-based Peakwork joins Constellation’s Vela Software division, one of six that focus on travel, aviation and other sectors.... Read More
Airbnb Experiences
News / Online
Airbnb pauses new Experiences after predicting growth
By Kathryn Walson | April 17, 2023
The pause comes a year after CEO Brian Chesky called Airbnb Experiences a “massive, massive opportunity” and a “big area of investment in the coming years.” ... Read More
Beeyonder virtual tours
News / Startups
Beeyonder sees future for virtual tours despite Heygo shuttering
By Kathryn Walson | April 17, 2023
Boston-based virtual tours company Beeyonder has found that the pre-paid model is largely what makes it sustainable. Companies pay corporate rates for tours.... Read More
Thynk lands $13M for hotel sales and operations tech
News / Startups
Thynk lands $13M for hotel sales and operations tech
By Linda Fox | April 14, 2023
The investment will speed up research and development as well as being put towards expansion in Europe, America and the Middle East.... Read More
Journera TripSignals
News / Technology
Journera debuts TripSignals platform to connect travel data
By Derek Catron | April 14, 2023
Journera CEO Jeff Katz sees benefits for travelers as well as the airlines and hotels that want their business from journey’s start to finish.  ... Read More
ClimateTrade acquisition
News / Online
ClimateTrade acquires TeamClimate to offer consumer subscription
By Kathryn Walson | April 14, 2023
ClimateTrade last year opened its U.S. headquarters in Miami and acquired E-Verde, a software-as-a-service provider specialized in carbon footprint calculation.... Read More
Mews expands North America operations with acquisition of Hotello
News / Online
Mews expands North America operations with acquisition of Hotello
By Mitra Sorrells | April 13, 2023
The acquisition of Hotello, a Montreal-based company serving hotels in the United States and Canada, is the sixth acquisition for Amsterdam-based Mews in the past four years.... Read More
OTA Insight: Hotels could piggyback off rentals' demand data
News / Technology
OTA Insight: Hotels could piggyback off rentals' demand data
By Linda Fox | April 13, 2023
OTA Insight has delved into its data to find that hotel revenue managers can pick up early demand signals by looking at what’s happening in the rentals market.... Read More
corporate travel
News / Online
Deloitte: Corporate travel spending on track for ‘24 recovery
By Michael B. Baker – Business Travel News | April 13, 2023
While a full recovery in business travel spending appears possible by the end of 2024, the corporate travel market would be 10-20% below pre-pandemic levels when factoring in inflation, according to the report.... Read More
Tripadvisor says it's catching more fake reviews
News / Online
Tripadvisor says it's catching more fake reviews
By Linda Fox | April 12, 2023
In its latest Review Transparency Report, the company said its detection process picked up 72% of submissions before they were published on the platform, up five percentage points on its 2020 figure.... Read More
InteleTravel acquisition
News / Online
InteleTravel acquisition links leisure and business travel
By Kathryn Walson | April 12, 2023
InteleTravel and Hickory Global Partners said that by merging resources they can better cater to the blended travel market.... Read More
TerraPay sending money
News / Startups
TerraPay raises $100M to expand global payments infrastructure
By Derek Catron | April 12, 2023
Travel is one sector TerraPay is targeting for growth as it aims to reach 150 countries by 2024.... Read More
Whimstay funding
News / Startups
Vacation rental marketplace Whimstay scores $10M
By Kathryn Walson | April 11, 2023
The San Francisco-based company plans to use the funding toward “key new hires” and the development of new products and features.... Read More
Airlines brace for summer chaos as wider tech issues remain
News / Technology
Airlines brace for summer chaos as wider tech issues remain
By Linda Fox | April 11, 2023
Schiphol Airport is capping its passenger numbers at 66,000 per day in May while Lufthansa said in February that it was reducing its 2023 summer schedule by 34,000 flights.... Read More
careem-400m-super-app-spinout
News / Online
Uber-owned Careem spins out super app with $400M investment
By Mitra Sorrells | April 11, 2023
Careem will split into two business units - Careem Rides and Careem Technologies, which will manage development of its super app.... Read More