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Technology
Forter valued at $3B following $300M Series F round
By Jill Menze
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May 25, 2021
The e-commerce fraud prevention service says it has doubled its revenue over the past 12 months....
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Online
MakeMyTrip optimistic of domestic recovery in second half of 2021
By Linda Fox
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May 25, 2021
The company has seen gains from domestic tourism in the third and fourth quarter of its 2021 fiscal year but it expects the impact of the second wave of COVID-19 on its financial results to be greater in Q1 2022 because of lockdowns in the region....
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Distribution
Corporate travel policies changing as hybrid patterns kick in
By Linda Fox
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May 25, 2021
Decision makers in business travel believe remote work could lead to more business travel over time....
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Online
Expedia hires Apple, Verizon execs as part of restructuring plan
By Mitra Sorrells
|
May 24, 2021
Expedia Group is adding top executives from Apple and Verizon as part of an operational restructuring that also includes the departure of three current executives....
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Online
Airbnb unveils “most comprehensive update ever,” offering new flexibility, easier host signup
By Jill Menze
|
May 24, 2021
Airbnb has introduced more than 100 platform innovations and updates to capture travel demand and increase its pool of and support for hosts....
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Online
Lastminute.com Group sees bookings improvement, tweaks management
By Linda Fox
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May 24, 2021
Lastminute Holding says it narrowed its net loss in Q1 2021 to €12.7 million versus €16.7 million in Q4 2020....
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The push for direct bookings: Hotels can have it both ways
By PhocusWire
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May 24, 2021
Numerous reports suggest that hotels have seen a swing toward consumers booking direct as lockdown restrictions ease and travel resume....
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Startups
Portside raises $17M to grow cloud-based business aviation tech
By Jill Menze
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May 24, 2021
Founded in 2018, Portside helps aviation management companies, aircraft owners, corporate flight departments and fractional operators streamline their digital data operations....
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Online
Google, UNWTO partner to provide data and training to aid destinations in recovery
By Mitra Sorrells
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May 24, 2021
The new agreement between Google and the UNWTO builds on pilot programs launched in the Middle East and Africa starting last September. ...
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Distribution
Awaze boosts rental portfolio through further acquisitions in Europe
By Linda Fox
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May 21, 2021
Acquisitions in the U.K. and Denmark have added about 1,000 new homes to Awaze's existing porfolio....
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News
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Technology
How the COVID-19 crisis is accelerating transformation of travel payments
By Mitra Sorrells
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May 21, 2021
A new study from Amadeus finds trends that were emerging pre-pandemic – especially related to the adoption of alternative payment methods – are quickening across all sectors of travel....
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News
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Distribution
Buoyed by vaccine passports, travel managers are “optimistic” about return of business travel
By Jill Menze
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May 21, 2021
According to report from GBTA, three in four travel buyers feel their employees are willing to travel thanks in part to digital health passports....
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News
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Online
New chat-based corporate travel service launches in Japan
By Mitra Sorrells
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May 21, 2021
Known as Travel jp for Business, the service uses chatbots and human travel concierges to help business travelers book and manage trips for domestic and international travel....
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News
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Distribution
Airlines are finding new ways to boost traveler confidence
By Linda Fox
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May 20, 2021
COVID insurance policies and providing consistent information are among measures carriers are taking to entice travelers....
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News
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Startups
European on-demand car service Virtuo raises $96M
By Mitra Sorrells
|
May 20, 2021
Paris-based Virtuo, a startup positioning itself as an alternative to car ownership, has raised $96 million in a combination of Series C financing and pan-European asset-based financing....
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