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frontdesk-wanderjaunt-acquisitions
News / Startups
Frontdesk picks up short-term rental units from shuttered WanderJaunt
By Mitra Sorrells | August 18, 2022
Frontdesk has acquired 33 short-term rental units and co-founder Jesse DePinto says there are "potentially hundreds more in the pipeline."... Read More
connect-and-go-funding
News / Technology
Connect&GO raises $17M to expand attractions tech offering
By Mitra Sorrells | August 17, 2022
The Montreal-based technology company is aiming to double its revenue and number of installations each year.... Read More
Cosmopolitan launches travel booking platform targeting Gen Z and millennials
News / Online
Cosmopolitan launches travel booking platform targeting Gen Z and millennials
By Jill Menze | August 17, 2022
With CosmoTrips, the women’s media brand wants to encourage its Gen Z and millennial audience of 62 million to “travel like an editor.”... Read More
hometogo-q2-2022
News / Online
HomeToGo reports revenue increases, strong momentum into Q3
By Linda Fox | August 16, 2022
HomeToGo says it's on target for adjusted EBITDA to break even by 2023.... Read More
Guesty grabs $170M as demand for property management software rises
News / Technology
Guesty grabs $170M as demand for property management software rises
By Jill Menze | August 16, 2022
Since its $50 million Series D round last year, Guesty says it has tripled its valuation and doubled its revenues.... Read More
uber-ending-rewards
News / Online
Uber to end free loyalty program, shift focus to paid subscriptions
By Mitra Sorrells | August 16, 2022
Uber One, the company's subscription program, has about 10 million members and is available in seven markets globally.  ... Read More
Business travelers want tech to address travel disruptions
News / Technology
Business travelers want tech to address travel disruptions
By Jill Menze | August 16, 2022
Since the onset of the pandemic, business travelers have increasingly turned to digital tools such as apps and virtual agents to manage travel disruptions.... Read More
gbta-bti-outlook-2022
News / Online
Business travel recovery delayed until 2026 as travel spend slows
By Mitra Sorrells | August 15, 2022
GBTA says inflation, high energy prices, supply chain challenges and labor shortages mean spending won't reach 2019 levels until mid-2026.... Read More
Amadeus partners with Aimendo to boost automation capabilities
News / Technology
Amadeus partners with Aimendo to boost automation capabilities
By Jill Menze | August 15, 2022
Aimendo uses AI, machine learning and natural language processing to automate written communication such as emails and chat messages.... Read More
spotnana-troop-partnership
News / Online
Troop, Spotnana partner to integrate meeting space and travel booking
By Elizabeth West - Business Travel News | August 15, 2022
Troop aims to automate the meeting selection process but has not yet offered its own travel booking extension of that sourcing exercise.... Read More
STARTUP STAGE: WayAway sees demand for cash-back membership program amid high inflation
Interview / Startups
STARTUP STAGE: WayAway sees demand for cash-back membership program amid high inflation
By Kathryn Walson | August 15, 2022
WayAway is a price-comparison app that offers a paid-membership plan for consumers to get cash back on travel deals.... Read More
The big opportunity for short-term rentals
News / Online
The big opportunity for short-term rentals
By PhocusWire | August 12, 2022
Speaking during Phocuswright Europe, Awaze and HomeToGo outlined what they see as the biggest opportunities in short-term rentals.... Read More
earnings-roundup-ihg-hostelworld-tui
News / Online
Earnings roundup: TUI Group, IHG, Hostelworld
By Mitra Sorrells | August 12, 2022
TUI Group, IHG and Hostelworld all reported strong financial results for the second quarter of 2022.... Read More
amex-gbt-q2-2022
News / Online
Amex GBT sees "strong" quarter with major client wins
By Lauren Arena - BTN Europe | August 11, 2022
In its first earnings report as a publicly listed company, Amex GBT reported revenue of $286 million in Q2 2022, up 217% year-over-year.... Read More
United Airlines orders 100 electric air taxis from Archer
News / Online
United Airlines orders 100 electric air taxis from Archer
By Kathryn Walson | August 11, 2022
Archer CEO Adam Goldstein calls the payment a “milestone” in Archer’s partnership with United Airlines.... Read More
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