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News / Startups

VIDEO: Building in stealth, launching and early phases for startups

By PhocusWire | November 5, 2021

The co-founder and CEO of the newest corporate travel startup, Spotnana, discusses why and how the company launched in stealth mode.... Read More

News / Distribution

Expedia Group nearly matches 2019 profit levels in Q3 2021

By Mitra Sorrells | November 4, 2021

Expedia Group says recovery in Q3 2021 was led by leisure and domestic travel, coming in particular from Vrbo. ... Read More

News / Online

Airbnb Q3 revenue tops $2.2B in record quarter

By Jill Menze | November 4, 2021

For the third quarter of 2021, Airbnb also reported its most profitable quarter ever with net income reaching $834 million.... Read More

News / Online

Uniguest acquires Volara to launch voice tech division

By Mitra Sorrells | November 4, 2021

Volara founder and CEO Dave Berger will become executive vice president of Uniguest’s new voice division, which will maintain the brand name of Volara.... Read More

News / Online

The Phocuswright Conference 2021 - five questions for Steve Kaufer

By PhocusWire | November 4, 2021

The company helps 463 million travelers each month and features 860 million reviews of 8.7 million accommodations, restaurants, experiences, airlines and cruises.... Read More

News / Startups

VIDEO: Accelerators and nurturing startups

By PhocusWire | November 4, 2021

Mark Lenahan at Travelport joined us at the PhocusWire Pulse: Startups in the Spotlight to explain how accelerators work and what types of businesses it is interested in.... Read More

News / Distribution

American Airlines fails to stop Sabre from using new display

By Robert Silk - Travel Weekly | November 4, 2021

The airline sued Sabre in June, contending that its New Airline Storefront, which the GDS developed with Delta, biases search results toward Delta in violation of Sabre's contract with American. ... Read More

News / Distribution

Europe travel drives Booking Holdings' revenue uptick in Q3

By Mitra Sorrells | November 3, 2021

Booking Holdings reports that room nights booked in Q3 2021 increased to 183 million and revenue increased to $4.7 billion – putting it just shy of Q3 2019 revenue of $5 billion. ... Read More

News / Technology

Cloudbeds raises $150M to accelerate R&D and customer acquisition

By Mitra Sorrells | November 3, 2021

The company says it currently serves more than 22,000 properties, including independent hotels, hostels, vacation rentals, and hotel groups, across 157 countries. ... Read More

News / Online

Amazon to offer travel in India via MakeMyTrip

By Linda Fox | November 3, 2021

The deal is part of Amazon Pay’s bid to add value by offering more services to consumers in the country.... Read More

News / Startups

VIDEO: The VC view on travel startup strategy

By PhocusWire | November 3, 2021

The finance houses that have backed so many travel startups over the years have not been immune to events of the last 20 months. But they have worked hard to help their portfolio brands.... Read More

News / Distribution

Royal Caribbean tells travel agents: "Don't be afraid of digital"

By Ian Jarrett - Travel Weekly Asia | November 3, 2021

Travel partners who are digitally selling cruises have been able to recover business and grow their cruise business faster than others who have not yet gotten into that game successfully.... Read More

News / Startups

South Korea’s 42dot raises $88.5M to expand autonomous driving solution

By Jill Menze | November 3, 2021

The Series A round brings the autonomous driving and mobility technology startup’s total funding to US$130 million.... Read More

News / Online

Lyft achieves second quarter of adjusted EBITDA profitability

By Jill Menze | November 2, 2021

For the third quarter of 2021, Lyft also reported record revenue per active rider.... Read More

News / Distribution

Sabre third-quarter revenues more than double, losses drop significantly

By Kevin May | November 2, 2021

The company says it will narrow its product portfolio and intensify focus on the core customer revenue-generating retailing, distribution and fulfillment units.... Read More

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