News

Amadeus revenues halve in early 2021, vaccine programs offer hope
News / Distribution
Amadeus revenues halve in early 2021, vaccine programs offer hope
By Kevin May | May 7, 2021
The Spain-based IT and distribution provider saw its total revenue figure come in at 50% lower in the first quarter of the year compared to the corresponding three months in 2020.... Read More
Go2Joy tops up Series A+ with $1.3M
News / Startups
Go2Joy tops up Series A+ with $1.3M
By Linda Fox | May 7, 2021
The Vietnam-based company previously raised $2.5 million in February 2020 followed by its Series A+ round in February this year.... Read More
airbnb-remote-work-program
News / Online
Airbnb expands remote work partner program
By Mitra Sorrells | May 7, 2021
Airbnb is providing gifts cards for remote workers to stay in one of their properties in communities that are trying to entice them to relocate.... Read More
Expedia Group bets on brand marketing as it prepares for travel rebound
News / Online
Expedia Group bets on brand marketing as it prepares for travel rebound
By Jill Menze | May 6, 2021
In its Q1 2021 earnings call, Expedia Group said it's focusing on brand marketing to differentiate its offerings and capitalize on returning travel demand.... Read More
tripadvisor-q1-2021
News / Online
Tripadvisor reports rising demand in Q1, progress on Plus subscription product
By Mitra Sorrells | May 6, 2021
Tripadvisor says the Plus subscription product will roll out fully in the U.S. in the next few months, and it's developing more partnerships to provide offers to subscribers.  ... Read More
Fly Now Pay Later adds £10M to Series A
News / Startups
Fly Now Pay Later adds £10M to Series A
By Linda Fox | May 6, 2021
The London-based alternative payments company plans to launch in the U.S.... Read More
booking-holdings-q1-2021
News / Online
Booking Holdings sees upward trend in Q1, focuses on buildout of connected trip
By Mitra Sorrells | May 5, 2021
Booking.com’s flight product, a key part of the connected trip, is now available in 18 countries, and Q1 had the highest number of air tickets ever booked in a single quarter.... Read More
Uber minimizes losses, hits gross bookings high in Q1 2021
News / Online
Uber minimizes losses, hits gross bookings high in Q1 2021
By Jill Menze | May 5, 2021
For Q1 2021, Uber recorded a net loss of $108 million compared to a net loss of $968 million in Q4 2020.... Read More
aruba-sita-indicio-covid-app
News / Technology
Aruba tests blockchain-enabled COVID credential app
By Mitra Sorrells | May 5, 2021
The Aruba Health App, developed by SITA and Indicio.tech, aims to preserve traveler privacy and eliminate fraud.... Read More
VIDEO: Capturing the social zeitgeist with Clubhouse for travel
News / Online
VIDEO: Capturing the social zeitgeist with Clubhouse for travel
By PhocusWire | May 5, 2021
The audio-only meeting and discussion app has only been in the market since March 2020 but has since ignited speculation ranging from it being a podcast-killer to the future of customer engagement and marketing.... Read More
Infare acquires business intelligence platform Air Cube
News / Technology
Infare acquires business intelligence platform Air Cube
By Kevin May | May 5, 2021
Infare and Air Cube - headquartered in Denmark and France respectively - first cemented a strategic partnership in 2015.... Read More
TripActions buys Reed & Mackay in first-ever acquisition
News / Online
TripActions buys Reed & Mackay in first-ever acquisition
By Jill Menze | May 5, 2021
The deal follows TripActions’ recent $155 million funding round in January, which signals a sign of confidence from investors in corporate travel startups helping fuel recovery.... Read More
Hotelbeds chairman steps down, new CEO appointed
News / Distribution
Hotelbeds chairman steps down, new CEO appointed
By Linda Fox | May 5, 2021
Joan Vilà is taking up a non-executive director role on the board of the Palma, Spain-based company and is handing the reins to newly appointed CEO, Nicolas Huss.... Read More
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
News / Online
Lyft sees revenue uptick in Q1 2021, claims profitability by Q3
By Jill Menze | May 4, 2021
Lyft revenue grew 7% quarter-over-quarter from $569.9 million to $609 million as the ride-share company continues its recovery from the coronavirus pandemic.... Read More
Expedia sells Egencia to American Express Global Business Travel
News / Online
Expedia sells Egencia to American Express Global Business Travel
By Kevin May | May 4, 2021
Expedia Group will become a shareholder in Amex GBT, and part of the agreement will see the pair enter a long-term strategic partnership.... Read More