News

tripcom-group-2021-financials
News / Online
Trip.com Group's overseas brands rebound as China remains closed
By Linda Fox | March 24, 2022
Executive chairman James Liang says the company will emerge stronger from the pandemic.... Read More
Lastminute.com Group ends 2021 with 10% boost to revenue
News / Online
Lastminute.com Group ends 2021 with 10% boost to revenue
By Kevin May | March 24, 2022
The online travel agency and metasearch brand says revenues and margins are coming close to pre-pandemic levels.... Read More
Why it's time for travel to enter the metaverse
News / Technology
Why it's time for travel to enter the metaverse
By Mitra Sorrells | March 24, 2022
Web3 consultant Steve Bambury says the virtual world of the metaverse is very real, and travel brands should act now to create a presence in it.... Read More
Stasher acquires Cubby to boost travel baggage storage platform
News / Online
Stasher acquires Cubby to boost travel baggage storage platform
By Linda Fox | March 24, 2022
Cubby will become part of Stasher, whose online platform enables travelers and event participants to store luggage with secure local shops and hotels.... Read More
Skyports raises $23M for electric air taxi, drone services
News / Technology
Skyports raises $23M for electric air taxi, drone services
By Jill Menze | March 24, 2022
London-based Skyports aims to change the way people move around their communities and reduce congestion and pollution through electric aviation.... Read More
Where blockchain and NFTs might meet physical travel
News / Technology
Where blockchain and NFTs might meet physical travel
By Linda Fox | March 23, 2022
Iomob CEO Boyd Cohen discusses use cases for NFT and blockchain in travel, the move from being centralized to decentralization and the readiness of the industry.... Read More
Snaptrip adds to U.K. accommodation portfolio with Independent Cottages acquisition
News / Online
Snaptrip adds to U.K. accommodation portfolio with Independent Cottages acquisition
By Jill Menze | March 23, 2022
Snaptrip Group says it is buying Independent Cottages for a “seven-figure fee.”... Read More
Tire maker Bridgestone makes minority investment in May Mobility
News / Technology
Tire maker Bridgestone makes minority investment in May Mobility
By Jill Menze | March 23, 2022
Through the partnership, May Mobility will integrate Bridgestone’s tire-centric technologies into its autonomous vehicles.... Read More
Holland America uses facial-recognition tech for passenger check-in
News / Technology
Holland America uses facial-recognition tech for passenger check-in
By Andrea Zelinski - Travel Weekly | March 23, 2022
The optional mBark program requires guests to upload a photo and pretravel information to Holland America Line's website before embarkation.... Read More
travelport-survey-march-2022
News / Online
Consumer interest in travel high, but booking frustrations linger
By Mitra Sorrells | March 22, 2022
A survey finds travel ranks as the most enjoyable activity, but it came in fourth based on how much respondents enjoy the process of researching and booking a trip.... Read More
dance-20M-funding
News / Startups
Dance wheels away with €20M for e-bike subscription service
By Linda Fox | March 22, 2022
The financing for the Berlin-based company will go toward further expansion.... Read More
bookaway-acquires-plataforma10
News / Online
Bookaway acquires Plataforma 10 for ground transport foothold in Latin America
By Linda Fox | March 21, 2022
The acquisition of the Argentina-based ground transport OTA will help Bookaway expand across Latin America.... Read More
amex-trend-report-2022
News / Online
Family trips, purposeful travel top of mind for leisure travelers
By Mitra Sorrells | March 21, 2022
An American Express Travel survey finds consumers are planning multiple trips this year, with a focus on traveling with family members and a desire to immerse in local culture.  ... Read More
mysa-launches-myo-tech
News / Distribution
Mysa unveils corporate alternative accommodation booking and management tech
By Linda Fox | March 21, 2022
The Myo platform offers a booking engine and duty of care protocols as part of its push into corporate travel.... Read More
DRCT raises $500,000 pre-seed round, plans to scale up with additional funds
News / Distribution
DRCT raises $500,000 pre-seed round, plans to scale up with additional funds
By Kevin May | March 21, 2022
The Malta-based company raised the seed round from an unnamed angel investor in the aviation sector, giving it a claimed valuation of $5 million.... Read More