News

transparent-rental-review-data
News / Online
The power of reviews in the short-term rental sector
By Mitra Sorrells | August 30, 2021
Quantity and quality of reviews matter for alternative accommodations, and new data shows those factors vary based on the size of properties being managed.... Read More
Serviced Apartments Platform acquires Acomodeo
News / Online
Serviced Apartments Platform acquires Acomodeo
By Donna M. Airoldi - BTN | August 30, 2021
Switzerland-based Serviced Apartments Platform AG, which first invested in the German startup Acomodeo in 2020, has fully acquired the serviced-apartment provider.... Read More
Sounding Off: Innovation is a tricky balancing act right now
Interview / Online
Sounding Off: Innovation is a tricky balancing act right now
By PhocusWire | August 27, 2021
The sector, decimated as it has been since early 2020, is still unraveling its way through a complex set of procedures to get itself back in a stable place, which will capture some of the demand that is still piecemeal at best.... Read More
Hostelworld hoping for demand to return as revenues slump
News / Online
Hostelworld hoping for demand to return as revenues slump
By Kevin May | August 27, 2021
The budget accommodation online travel agency captured revenue of just €2.9 million between January and June this year, down from €12 million in the same period in 2020.... Read More
Q&A: Exploring the role of cryptocurrency in travel's recovery
News / Technology
Q&A: Exploring the role of cryptocurrency in travel's recovery
By Linda Fox | August 26, 2021
Some believe cryptocurrencies have many applications in travel and their use could potentially aid the industry's recovery as well as setting it up for a better future.... Read More
Whim ground transport app creator MaaS Global secures €11M round
News / Technology
Whim ground transport app creator MaaS Global secures €11M round
By Kevin May | August 26, 2021
The Series B investment capital comes from a quartet of backers, bringing its total raised so far to just under $75 million.... Read More
AirAsia bolsters super app drive with ride-hail service launch
News / Online
AirAsia bolsters super app drive with ride-hail service launch
By Kevin May | August 25, 2021
Other cities in Malaysia after Kuala Lumpur will be introduced throughout the remainder of 2021, with Thailand and Indonesia slated for the next phase.... Read More
Huawei invests $100M in startups, makes first travel move in Middle East
News / Startups
Huawei invests $100M in startups, makes first travel move in Middle East
By Yeoh Siew Hoon - WebInTravel | August 25, 2021
Wego is the first travel player to sign a partnership with Huawei’s Petal Search to integrate the travel app into Huawei smartphones.... Read More
RoomPriceGenie conjures up $2.2M for international push
News / Startups
RoomPriceGenie conjures up $2.2M for international push
By Linda Fox | August 24, 2021
RoomPriceGenie claims it has tripled it revenues in the past 12 months.... Read More
The state of digital advertising in travel
News / Online
The state of digital advertising in travel
By Jill Menze | August 24, 2021
A new report from Sojern seeks to understand how COVID-19 has impacted budget, ad spend, allocation by channel and how advertisers are thinking about the future of ad tech.... Read More
hotel-property-management-system-survey
News / Technology
Hotel tech bosses urge better multi-platform integration
By Kevin May | August 24, 2021
Over 80% of chief information officers, chief technology officers and chief operating officers of hotel brands wanted their PMS provider to concentrate on integrations.... Read More
plentywaka-nigeria-seed-round
News / Startups
African shared mobility startup Plentywaka gets $1.2M seed round
By Mitra Sorrells | August 23, 2021
 Along with the seed round, Plentywaka has acquired Ghana-based mobility startup Stabus.... Read More
Travel startup investment to hit $44B in 2021
News / Startups
Travel startup investment to hit $44B in 2021
By Linda Fox | August 23, 2021
The number of travel and mobility startups grew 5% in 2021, according to Lufthansa Innovation Hub.... Read More
Tripadvisor and Airbnb join Google as local search powerhouses
News / Online
Tripadvisor and Airbnb join Google as local search powerhouses
By Kevin May | August 23, 2021
Google is the web service of choice for the vast majority of consumers looking for information on local businesses and activities - but a new survey indicates other brands are definitely in the mix.... Read More
Sounding Off: COVID helped pave the way for innovation in people
Interview / Technology
Sounding Off: COVID helped pave the way for innovation in people
By PhocusWire | August 20, 2021
Behind all the initiatives and recovery strategies are people, determined to ensure their employers or the organizations that they lead can look forward with a degree of optimism.... Read More