News

revinate-acquires-gomoment
News / Online
Revinate acquires AI messaging solution Go Moment
By Mitra Sorrells | November 17, 2021
The combined company will be called Revinate and Go Moment CEO Raj Singh will become chief strategy officer.... Read More
VIDEO: SPACs and the future of travel investing
News / Startups
VIDEO: SPACs and the future of travel investing
By PhocusWire | November 17, 2021
During a session at the Phocuswright Conference 2021 this week, a session on SPACs put the spotlight on the benefits and pitfalls of using the mechanism to go public.... Read More
TravelBank acquired by U.S. Bancorp
News / Technology
TravelBank acquired by U.S. Bancorp
By Kevin May | November 17, 2021
U.S.-based TravelBank, a member of the PhocusWire Hot 25 Travel Startups for 2020 collection, is a travel and expenses management platform.... Read More
Google highlights travel trends that will shape travel in 2022
News / Online
Google highlights travel trends that will shape travel in 2022
By Jill Menze | November 16, 2021
According to the online search giant, travel will become more meaningful, inclusive and purposeful moving into 2022.... Read More
CWT-100M-tech
News / Technology
CWT plans $100M technology investment
By Linda Fox | November 16, 2021
The travel management company's $100 million tech investment is part of its $350 million recapitalization program.... Read More
vacasa-earnings-q3-2021
News / Online
Vacasa beats targets as it prepares to go public
By Mitra Sorrells | November 15, 2021
Vacasa’s revenue in the third quarter of this year was $330 million, $72 million above the target of $258 million.... Read More
Welcome to the Hot 25 Startups for 2022
News / Startups
Welcome to the Hot 25 Startups for 2022
By PhocusWire | November 15, 2021
PhocusWire presents the Hot 25 Travel Startups for 2022 - our annual list of new companies in travel, tourism and hospitality that we think will make a mark next year.... Read More
Booking Holdings to acquire Getaroom for $1.2B
News / Online
Booking Holdings to acquire Getaroom for $1.2B
By Jill Menze | November 12, 2021
The B2B hotel room distributor will roll into Booking Holdings’ Priceline brand to form a new strategic partnerships business unit.... Read More
Lastminute.com Group credits package trips for revenue boost
News / Online
Lastminute.com Group credits package trips for revenue boost
By Kevin May | November 12, 2021
CEO Andrea Bertoli says he expects a return to normality for leisure travel demand during the course of 2022.... Read More
Sounding Off: NDC still means different things to different people
Interview / Distribution
Sounding Off: NDC still means different things to different people
By PhocusWire | November 12, 2021
Many now admit that, perhaps in that initial phase, IATA mis-sold NDC, with one of the criticisms levelled at its development being too much talk of costs.... Read More
The Phocuswright Conference 2021 - this year's innovators, ready to pitch
News / Technology
The Phocuswright Conference 2021 - this year's innovators, ready to pitch
November 12, 2021
Phocuswright is at the forefront of innovation in the global travel, tourism and hospitality industry. We bring travel industry leaders together with the most promising entrepreneurs.... Read More
Amadeus enters into value-based distribution deal with Delta
News / Distribution
Amadeus enters into value-based distribution deal with Delta
By Robert Silk - Travel Weekly | November 12, 2021
Delta has been doing away with flat segment fees and replacing them with scaled payments to GDSs based upon the value of each booking.... Read More
wit-liang-singapore-2021
News / Online
VIDEO: Trip.com Group on recovery investment strategies
By Mitra Sorrells | November 12, 2021
In an interview during WiT Experience Singapore 2021, Trip.com Group co-founder and executive chairman James Liang says the company is ready to return to a growth mindset.... Read More
The Phocuswright Conference 2021 - five questions for accommodation executives
News / Online
The Phocuswright Conference 2021 - five questions for accommodation executives
By PhocusWire | November 11, 2021
A panel this year, focusing on accommodation, features Noah Brodsky (Travel+Leisure Group), Vered Raviv Schwarz (Guesty), Sam Shank (HotelTonight and Airbnb) and Chris Silcock (Hilton).... Read More
Travel industry urged to be more ambitious on sustainability
News / Distribution
Travel industry urged to be more ambitious on sustainability
By Linda Fox | November 11, 2021
A Roadmap to Net Zero report from the WTTC and Accenture says some elements of travel could fully decarbonize before 2030.... Read More