News

Opportunity for rental arbitrage remains in U.S. cities
News / Distribution
Opportunity for rental arbitrage remains in U.S. cities
By Linda Fox | August 16, 2021
Demand for multifamily short-term rentals in U.S. cities is rising, and tech providers are helping owners and renters take advantage of the opportunity.... Read More
Sounding Off: Travel brands must speak up - or others will assume the worst
Interview / Online
Sounding Off: Travel brands must speak up - or others will assume the worst
By PhocusWire | August 13, 2021
Sustainability must be a priority for every individual, government and business, and for the latter two, efforts around it must be made public.... Read More
mews-acquires-hotel-perfect
News / Technology
Mews acquires Hotel Perfect for U.K. hotel tech push
By Linda Fox | August 13, 2021
The acquisition boosts the growth of Mews in the U.K. market.... Read More
Airbnb revenue jumps 300% in Q2 2021
News / Online
Airbnb revenue jumps 300% in Q2 2021
By Jill Menze | August 12, 2021
The home-share giant was also profitable on an adjusted EBITDA basis for the second quarter of 2021.... Read More
HumanForest adds £2.3M in funding for London e-bike launch
News / Startups
HumanForest adds £2.3M in funding for London e-bike launch
By Linda Fox | August 12, 2021
HumanForest has raised £4.5M in total and is backed by Cabify founders.... Read More
emarketer-travel-ad-spend
News / Online
U.S. travel digital ad spending to remain pared down for years
By Mitra Sorrells | August 12, 2021
According to eMarketer, no other industry declined as fast or spent as little on digital ads in 2020.... Read More
travel-search-optimism-expedia
News / Online
Growing search volume, longer search windows point to return of traveler optimism
By Jill Menze | August 12, 2021
According to Expedia Group’s Q2 2021 Travel Recovery Trend Report, monthly global search volumes grew more than 70% quarter-over-quarter.... Read More
Sonder reports strong quarter, ups revenue forecast
News / Startups
Sonder reports strong quarter, ups revenue forecast
By Linda Fox | August 11, 2021
Sonder says it will have more than 18,000 units in its portfolio by the end of 2021.... Read More
SendSquared raises $1M for guest communications platform
News / Startups
SendSquared raises $1M for guest communications platform
By Linda Fox | August 11, 2021
SendSquared will put the seed funding toward product development and expanding its sales, marketing and product teams.... Read More
belvera-sustainability-report
News / Online
B2B travel companies lagging on sustainability
By Mitra Sorrells | August 11, 2021
A study by Belvera Partners is based on an analysis of websites from 350 B2B travel companies.... Read More
HotelPlanner merges with Reservations.com, plans public listing via SPAC
News / Online
HotelPlanner merges with Reservations.com, plans public listing via SPAC
By Jill Menze | August 10, 2021
The two online travel companies plan to go public through the SPAC Astrea Acquisition Corp.... Read More
IHG reports $138M profit, plans luxury and lifestyle brand
News / Distribution
IHG reports $138M profit, plans luxury and lifestyle brand
By Linda Fox | August 10, 2021
IHG reports gradual improvement, especially in the U.S. and China with groups, meetings and events beginning to book.... Read More
Airlines continue startup investment despite industry woes
News / Startups
Airlines continue startup investment despite industry woes
By Linda Fox | August 10, 2021
Corporate appetite for travel startup investment is strong as IAG launches its sixth accelerator and JetBlue doubles down on its commitment to the model.... Read More
wheel-the-world-2m-funding
News / Startups
Accessible travel OTA Wheel the World raises $2M
By Mitra Sorrells | August 10, 2021
Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide.... Read More
karshare-funding
News / Startups
European car-sharing platform Karshare raises £3M for expansion
By Mitra Sorrells | August 9, 2021
Karshare says its revenue has increased 45% month-to-month across Bristol, Manchester, Coventry and London since the start of this year and now it will expand to new cities in the U.K.... Read More