News

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
Lyft reports highest profit in company’s history
News / Online
Lyft reports highest profit in company’s history
By Kathryn Walson | August 4, 2022
In Q2 2022, Lyft almost doubled its adjusted net income, from $24.6 million in Q1 to $46.4.... Read More
tripadvisor-q2-2022
News / Online
Tripadvisor recovers close to 2019 levels in Q2 2022
By Linda Fox | August 4, 2022
Tripadvisor says the strongest recovery in Q2 2022 came from its Viator and the Fork segments.... Read More
expedia-group-q2-2022-earnings
News / Online
Expedia Group posts highest ever Q2 revenue and profit
By Mitra Sorrells | August 4, 2022
 Expedia Group revenue in Q2 was $3.2 billion - up 1% compared to Q2 2019 - and adjusted EBITDA came in at $648 million, up 14% versus the second quarter of 2019.... Read More
hrs-acquires-paypense
News / Online
HRS acquires corporate payment solution Paypense
By Jill Menze | August 4, 2022
HRS has acquired Germany-based Paypense, which allows employees to use digital payment technology for all work-related purchases, not just travel.... Read More
uber-omio-partnership
News / Online
Uber broadens ground transport offering via Omio partnership
By Linda Fox | August 4, 2022
The deal will enable Uber users to search and book international and national rail and coach trips via the app.... Read More
acquisition 3
News / Online
Cendyn acquires Digitalhotelier to enhance guest experience
By Kathryn Walson | August 4, 2022
The acquisition of Digitalhotelier will enable Cendyn to maximize direct bookings and enhance the guest experience.... Read More
phocuswright europe sustainable innovation
News / Online
How tech helps destinations meet sustainability goals
By PhocusWire | August 4, 2022
At Phocuswright Europe, DMOs explained the role of digitization in meeting environmental and economic objectives.... Read More
boatsetter-funding
News / Online
Boatsetter sails away with $38M for rental marketplace
By Jill Menze | August 4, 2022
Launched in 2014, Boatsetter's marketplace connects boat owners and licensed captains to renters.... Read More
Booking Holdings nearly doubles revenue in Q2 2022
News / Online
Booking Holdings nearly doubles revenue in Q2 2022
By Jill Menze | August 3, 2022
Revenues for Q2 2022 were up 99% year-on-year to $4.3 billion, while room nights booked surpassed 2019 levels.... Read More
Can a chatbot alone manage travel disruptions?
News / Technology
Can a chatbot alone manage travel disruptions?
By Kathryn Walson | August 3, 2022
While chatbot technology in travel has evolved, it can't replace everything a live agent can accomplish.... Read More
shlomo-travel-arbitrip
News / Online
Arbitrip hotel booking platform snapped up by Israel's Talma Shlomo
By Linda Fox | August 3, 2022
Israel-based Talma Shlomo has embarked on an M&A program to expand its presence globally.... Read More
rehlat-phocuswire-studio
News / Online
Video: Middle East OTA Rehlat on staying lean while growing
By Mitra Sorrells | August 3, 2022
Rehlat founder and CEO discusses the online travel agency's growth and how its self-service tools are enabling it to stay lean.... Read More
airbnb-q2-2022-earnings
News / Online
Airbnb posts record Q2 income of $379M on $2.1B revenue
By Mitra Sorrells | August 2, 2022
Airbnb says growth in “Nights and Experiences booked” and strong daily rates drove revenue up 58% compared to Q2 2021.... Read More
Sabre on “long-term upward trajectory” as bookings recover
News / Distribution
Sabre on “long-term upward trajectory” as bookings recover
By Jill Menze | August 2, 2022
Sabre revenue was $658 million for the second quarter of 2022, driven in part by an increase in global air, hotel and other travel bookings.... Read More