News

Travel startup Fora wants to reinvent the travel agent
News / Online
Travel startup Fora wants to reinvent the travel agent
By Jill Menze | August 11, 2022
Tech-powered travel agency Fora, which just raised $13.5 million, provides resources to anyone looking for a career as a travel advisor.... Read More
vacasa-earnings-q2-2022
News / Online
Vacasa raises revenue, profitability guidance after Q2 beats forecast
By Mitra Sorrells | August 10, 2022
Vacasa’s revenue in Q2 grew 31% year-over-year to $310 million and adjusted EBITDA came in at negative $2 million, head of guidance.... Read More
Sonder recovers revenue, hits record RevPAR in Q2 2022
News / Online
Sonder recovers revenue, hits record RevPAR in Q2 2022
By Jill Menze | August 10, 2022
Sonder reported revenue of $121 million in Q2 2022, up 157% year-on-year and fueled by RevPAR growth.... Read More
oyo-acquires-danish-rental-company
News / Online
OYO adds European vacation rentals with acquisition of Danish operator
By Mitra Sorrells | August 10, 2022
OYO's acquisition of Bornholm-based Bornholmske Feriehuse adds more than 730 homes to its DanCenter vacation rental brand.... Read More
exbooking-execs-launch-neoke
News / Startups
Ex-Booking execs build new “connected trip” solution
By Mitra Sorrells | August 10, 2022
NeoKe uses decentralized, self-sovereign ID to remove friction from the travel experience and improve conversions for suppliers.... Read More
snowflake final
News / Online
Snowfall to acquire Psngr1 to boost North America presence
By Michael B. Baker - BTN | August 10, 2022
U.K.-based travel technology firm Snowfall plans to merge Psngr1's technology with its own. ... Read More
Trivago touts strong second quarter but prepares for slowdown ahead
News / Online
Trivago touts strong second quarter but prepares for slowdown ahead
By Kathryn Walson | August 9, 2022
In the three months ended June 30, total revenue at Trivago rose by €49.3 million, or 52%, compared to the same period in 2021.... Read More
Travel sector most likely to see subscription growth
News / Online
Travel sector most likely to see subscription growth
By Jill Menze | August 9, 2022
Among subscription sectors, travel is the most likely to see subscription growth from both existing and new members over the next 12 months.... Read More
ShareTrip gets $500K infusion to digitize Bangladesh travel sector
News / Online
ShareTrip gets $500K infusion to digitize Bangladesh travel sector
By Kathryn Walson | August 9, 2022
Founded in 2014, ShareTrip points to an "immense opportunity" to digitize Bangladesh's tech sector.... Read More
didatravel-flights
News / Distribution
China’s DidaTravel expands into flight sales
By Jill Menze | August 9, 2022
Hotel wholesaler DidaTravel is now selling flights to its 23,000 B2B clients globally.... Read More
Sabre acquires Conferma Pay to advance B2B payments
News / Online
Sabre acquires Conferma Pay to advance B2B payments
By Mark Frary - BTN Europe | August 8, 2022
Sabre says it acquired Conferma Pay to develop technologies that enable the future of B2B travel payments.... Read More
phocuswright-research-staffing
News / Online
How travel survives the people shortage
By Phocuswright Research | August 8, 2022
A Phocuswright Research article discusses the main challenges faced by the air and hotel segments in restarting and revamping their industries.... Read More
Consumers rank travel top spending priority, want buy-now-pay-later options
News / Technology
Consumers rank travel top spending priority, want buy-now-pay-later options
By Jill Menze | August 8, 2022
According to an Amadeus study, consumers consider travel their highest priority when it comes to discretionary spend, and 75% want pay-by-installment options.  ... Read More
Velocity Ventures takes stake in big data and predictive analytics startup
News / Startups
Velocity Ventures takes stake in big data and predictive analytics startup
By WiT | August 8, 2022
Switzerland-based startup Zytlyn uses big data and machine learning to provide companies with predictive insights on travel demand.... Read More
bookiply-acquires-lohospo-myirs
News / Technology
Holidu subsidiary Bookiply acquires Lohospo and my.IRS
By Mitra Sorrells | August 5, 2022
The merger is an expansion of a long-standing partnership among Bookiply, Lohospo and my.IRS.  ... Read More