News

wetravel-women-in-travel
News / Online
WeTravel launches Women in Travel resource hub
By Jill Menze | May 26, 2022
WeTravel Academy’s Women in Travel vertical is designed to better support and represent individuals who identify as women in the travel industry.... Read More
MakeMyTrip narrows losses, looks to international recovery in 2022
News / Online
MakeMyTrip narrows losses, looks to international recovery in 2022
By Linda Fox | May 25, 2022
The OTA reported a full-year loss of $30 million for the year ending March 31, 2022, compared to $68 million for 2021.... Read More
Chain4Travel lands £3.6M in funding for blockchain platform
News / Startups
Chain4Travel lands £3.6M in funding for blockchain platform
By Linda Fox | May 25, 2022
The Switzerland-based company was launched by former Peakwork and Hotelplan executives.... Read More
Airbnb is shutting its China business
News / Online
Airbnb is shutting its China business
By Jill Menze | May 24, 2022
Airbnb will remove its Chinese listings this summer due to "costly and complex" operations.... Read More
Accessible travel platform Mobee raises €1.5M in funding
News / Startups
Accessible travel platform Mobee raises €1.5M in funding
By Linda Fox | May 24, 2022
The company offers accessible accommodation and activities via its platform.... Read More
IDS-Next-shawman
News / Technology
IDS Next acquires Shawman Software in hospitality tech roll-up
By Linda Fox | May 24, 2022
IDS Next says the acquisition enables it to speed up the move to “full-stack enterprise cloud solutions” for hotel groups and chains.... Read More
Phocuswright Europe 2022: Checking in with short-term rentals
News / Online
Phocuswright Europe 2022: Checking in with short-term rentals
By PhocusWire | May 24, 2022
Executives from Europe’s short-term rental companies will discuss the evolving landscape of alternative lodging.... Read More
Q&A: Steve Hafner on the development of Kayak for Business
News / Technology
Q&A: Steve Hafner on the development of Kayak for Business
By Linda Fox | May 23, 2022
Kayak's CEO talks launching Kayak for Business in the pandemic, competition and future functionality.... Read More
Sensible 4 lands EU loan for autonomous tech push
News / Startups
Sensible 4 lands EU loan for autonomous tech push
By Linda Fox | May 23, 2022
The Finnish company has developed autonomous driving software that works under challenging weather conditions.... Read More
Phocuswright Europe 2022: Hot topics for hospitality
News / Online
Phocuswright Europe 2022: Hot topics for hospitality
By PhocusWire | May 20, 2022
Executives from three of Europe's top hotel groups gather on Center Stage at Phocuswright Europe to discuss the industry's challenges, opportunities and outlook.... Read More
WTTC calls on governments to introduce a digital travel portal
News / Technology
WTTC calls on governments to introduce a digital travel portal
By Jill Menze | May 20, 2022
In a new report, the WTTC outlines how governments can implement a digital travel portal to check a traveler’s health status prior to traveling.... Read More
madrid-marriott-rendezverse
News / Technology
Hotels develop VR "twins" as first step into metaverse
By Mitra Sorrells | May 20, 2022
Hotels are beginning to develop virtual representations of their physical properties, which will eventually live in the metaverse and support sales and marketing.... Read More
Surf Air Mobility takes SPAC route to market
News / Technology
Surf Air Mobility takes SPAC route to market
By Linda Fox | May 19, 2022
Surf Air mobility will also acquire Southern Airways Corporation, with the deal expected to complete at the same time as the proposed merger.... Read More
Despegar posts second quarter of profitability as demand recovers
News / Online
Despegar posts second quarter of profitability as demand recovers
By Jill Menze | May 19, 2022
The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022.... Read More
grab-q1-2022
News / Online
Grab outperforms guidance with growth across all business units
By Mitra Sorrells | May 19, 2022
Mobility and delivery brand Grab posts revenue in the first quarter of $228 million, a 6% increase compared to the same period in 2021.... Read More