News

News / Online

AirDNA predicts continued recovery for U.S. vacation rentals

By Kathryn Walson | December 13, 2022

Forecasts may fall short of the dramatic recovery that short-term rentals experienced in 2021 and 2022, but they often outpace 2019 levels.... Read More

News / Online

Welcome Pickups adds €5.3M for product development and expansion

By Linda Fox | December 12, 2022

Existing investors Market One Capital, Flashpoint and Venture Friends also made up this latest investment in the Greece-based startup.... Read More

News / Startups

Tough 2022 for travel startups as investors turn cautious

By Linda Fox | December 12, 2022

Early stage rounds in particular have been highlighted as impacted by the more conservative approach from investors who, perhaps stung by the pandemic, turned to startups with a proven market fit.... Read More

News / Online

Travel managers say online booking tools must support sustainability

By Kathryn Walson | December 12, 2022

The majority of buyers (75%) say they are dissatisfied with their online booking tool’s ability to include carbon budgets and carbon emissions at point of sale.... Read More

News / Online

U.S. overtakes Europe for largest share of rental bookings

By Phocuswright Research | December 12, 2022

Phocuswright finds Europe’s loss in share of short-term rental bookings will be exacerbated by economic and war concerns, as well as increased regulatory restrictions in important markets.... Read More

News / Online

Energy costs seen as biggest challenge for European hotels

By Linda Fox | December 9, 2022

The Booking.com European Accommodation Barometer 2022, carried out by Statista, reveals that 80% of hoteliers rate the energy crisis as their biggest concern across all 10 countries in the report.... Read More

News / Startups

Cabana fuels growth with $3M in fresh funding

By Kathryn Walson | December 9, 2022

Founded in 2019, the “mobile hotel” company was named a PhocusWire Hot 25 Startup for 2022.... Read More

News / Distribution

Sabre’s Ekert on economy, airline distribution trends

By Kathryn Walson | December 9, 2022

The 26-year travel industry veteran shared his outlook during an interview at The Phocuswright Conference 2022 in November.... Read More

News / Technology

IATA and Travalyst will align emission calculations

By Mitra Sorrells | December 9, 2022

IATA also says governments must do more to create incentives for the production of sustainable aviation fuel, because airlines are demonstrating the demand exists.... Read More

News / Online

TripActions picks up $400M in credit facilities to accelerate global growth

By Mitra Sorrells | December 8, 2022

The announcement comes two months after TripActions Series G funding that valued the company at $9.2 billion.... Read More

News / Startups

American Express invests in hotel payment startup Selfbook

By Mitra Sorrells | December 8, 2022

Along with the investment, Selfbook says it is exploring collaboration with American Express on things such as streamlining payments and helping hotels expand their offerings.... Read More

News / Distribution

IATA maps road to achieve modern airline retailing by 2030

By Linda Fox | December 8, 2022

IATA’s Modern Airline Retailing program is based on three pillars - customer identification, retailing with offers and delivery with orders.... Read More

News / Startups

Sion secures $3.2M to help agents chase commission

By Linda Fox | December 7, 2022

The investment in the U.S.-based SaaS business was led by TIA Ventures with SmartFlyer and Virtuoso also involved.... Read More

News / Online

Evaneos lands €20M to develop its sustainable tourism marketplace

By Linda Fox | December 7, 2022

Existing investors Partech, Level Equity, Quadrille Capital, XAnge, Serena Capital and Bpifrance have come together to participate in the funding for the France-based travel platform.... Read More