News

sabre-financial-2021
News / Distribution
Sabre plots recovery as profits lag
By Linda Fox | February 15, 2022
Sabre expects adjusted EBITDA to exceed pre-pandemic levels only by 2025, as travel continues its slow recovery from the impact of the coronavirus.... Read More
Heygo drives virtual travel forward with $20M investment
News / Online
Heygo drives virtual travel forward with $20M investment
By Linda Fox | February 15, 2022
Heygo enables users to travel from home regardless of physical, financial and environmental challenges... Read More
ANA and Joby to develop airport-city center air taxi service
News / Technology
ANA and Joby to develop airport-city center air taxi service
By Kevin May | February 15, 2022
The pair say the service could reduce transfers from Osaka station to Kansai International Airport, for example, from one hour by car to 15 minutes over 31 miles.... Read More
Hoteliers hit by labor shortage have robots in their toolbox
News / Technology
Hoteliers hit by labor shortage have robots in their toolbox
By Tovin Lapan | February 15, 2022
Confronting a protracted labor shortage, hoteliers have struggled to maintain standard operations, much less meet new demands that the pandemic has produced.... Read More
evolve-100m-funding
News / Online
Evolve nabs $100M to add vacation rental properties
By Mitra Sorrells | February 14, 2022
Evolve manages more than 19,000 homes across North America and has now raised $235 million since it launched in 2011.... Read More
Booking.com ignites anger after customer service outsource move
News / Technology
Booking.com ignites anger after customer service outsource move
By Kevin May | February 14, 2022
The Booking Holdings-owned brand will use global customer service provider Majorel to handle its call center operations, with the exception of staff at its Manchester and Amsterdam locations.... Read More
Cogo acquires eScoot in mobility aggregator consolidation
News / Startups
Cogo acquires eScoot in mobility aggregator consolidation
By Linda Fox | February 14, 2022
Cogo and eScoot help users find and book electric scooters, bikes, cars and mopeds in cities across Europe.... Read More
Top drivers of conversion for short-term renters
News / Distribution
Top drivers of conversion for short-term renters
By Phocuswright Research | February 14, 2022
Even regular short-term rental (STR) users are likely to have a hybrid consideration set, comparing rental options alongside hotels.... Read More
Q&A: Sandra Brahn of Vtrips on growth, acquisitions
News / Online
Q&A: Sandra Brahn of Vtrips on growth, acquisitions
By Jill Menze | February 14, 2022
Previously at Vacasa, Sandra Brahn joins Vtrips to develop and execute the vacation rental management company’s merger and acquisition strategy.... Read More
expedia-group-q4-fy-2021
News / Online
Expedia Group closes 2021 with record Q4 profitability
By Mitra Sorrells | February 11, 2022
Expedia Group CEO Peter Kern expresses optimism about 2022, calling it a year for innovation and delivery for the company.... Read More
Hotelbeds lays out eco and social initiatives, joins Amazon Climate Pledge
News / Distribution
Hotelbeds lays out eco and social initiatives, joins Amazon Climate Pledge
By Linda Fox | February 11, 2022
The Spain-based bedbank says it has achieved carbon neutral status for the fourth consecutive year by reducing emissions as well as offsetting emissions through independent organization Cabon Footprint.... Read More
odys-aviation-funding
News / Technology
VTOL aircraft startup Odys Aviation raises $12.4M
By Mitra Sorrells | February 11, 2022
Odys Aviation is developing a hybrid-electric vertical takeoff and landing aircraft that will carry nine passengers and travel up to 1,000 miles.  ... Read More
wander-series-a
News / Online
Wander raises $20M to grow its luxury rental inventory
By Mitra Sorrells | February 10, 2022
Founded in early 2021, Wander purchases homes and outfits them with extensive work-from-home technology, wellness equipment and a Tesla.... Read More
radisson-zingle-integration
News / Technology
Radisson deploys Zingle messaging across Americas portfolio
By Mitra Sorrells | February 10, 2022
The Zingle messaging platform will be integrated with every hotel’s property management system.... Read More
Uber sees revenue gains, profitability for delivery business
News / Online
Uber sees revenue gains, profitability for delivery business
By Jill Menze | February 9, 2022
For Q4 2021, Uber revenue climbed 83% to $5.8 billion, while its delivery business reached adjusted EBITDA profitability.... Read More