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Technology
Outdoorsy raises $120M to build out its Roamly insuretech unit
By Kevin May
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June 24, 2021
The deal is another sign that travel brands are catching the eye of investors when they create insuretech products. Outdoorsy's Roamly service was originally launched in beta last year....
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Startups
Buser revs up with a $138M investment, plans new services
By Linda Fox
|
June 24, 2021
Following the investment from Lightrock, Buser plans to add urban passenger services as well as a bus ticket marketplace to its platform....
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Online
Travel industry must fix “trust gaps” as it restarts
By Mitra Sorrells
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June 24, 2021
Based on a results of a survey of 11,000 consumers, Travelport says the pandemic has created a “once-in-a-lifetime” opportunity for the travel industry to regain travelers’ trust....
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News
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Online
How the pandemic has affected travelers’ views on sustainability
By Mitra Sorrells
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June 24, 2021
A Booking.com survey finds the majority of travelers prefer accommodations that have adopted sustainability practices....
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Technology
Traveltek adds £1.3M to coffers for packaging technology development
By Linda Fox
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June 23, 2021
Traveltek's latest investment comes from YFM who invested £5.3m in the company in 2016....
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Online
Phocuswright Europe 2021: Here's what to expect
By PhocusWire
|
June 23, 2021
Join us to hear how industry players have updated their playbook to compete in this new, unstable but promising environment. A second chance like this doesn’t come around very often....
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News
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Online
Short-term rental booking habits are starting to "normalize"
By Jill Menze
|
June 23, 2021
According to new data from Guesty, travelers are growing comfortable with shorter stays and longer booking windows as they head into the summer and beyond....
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News
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Technology
Private equity takes majority stake in hospitality tech provider Enseo
By Mitra Sorrells
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June 23, 2021
Enseo will use the capital to accelerate growth, including expanding into new vertical markets and pursuing mergers and acquisitions....
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News
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Startups
Mobile hotel startup Cabana secures $10M to accelerate growth
By Mitra Sorrells
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June 22, 2021
Cabana plans to use the funding to add more vans and new markets to its platform....
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News
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Online
On The Beach half-year revenues slashed to £4.4M
By Linda Fox
|
June 22, 2021
Bucking the trend set by other U.K. operators desperate to get moving again, On The Beach said in May that it would not sell any trips for July and August 2021....
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News
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Distribution
Delta-Sabre deal will see GDS paid on booking's value, not flat fee
By Robert Silk - Travel Weekly
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June 22, 2021
A revamped distribution agreement between Delta and Sabre has the potential to disrupt the standard commercial payment model between airlines, GDSs and travel advisors....
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News
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Startups
Handiscover secures €1.65M to grow its B2B accessibility platform
By Mitra Sorrells
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June 22, 2021
In the past year Handiscover has focused on developing products and content to businesses in travel and other industries to better serve people with disabilities and special needs....
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News
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Online
Experiences provider Attraction World acquired by Ten Oceans Private Equity
By Jill Menze
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June 22, 2021
The acquisition follows Ten Oceans Private Equity’s earlier investment in Prioticket, a strategic partner of Attraction World....
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News
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Technology
Why the travel industry must grasp the digitization of customer behavior
By Linda Fox
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June 21, 2021
Customers will increasingly expect a digital experience when they travel again....
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News
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Distribution
Sabre integrates travel risk tool into agency services
June 21, 2021
The score will help agents better advise their clients and shorten the booking process by making that information available during their shopping workflow....
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Every link in the booking chain is a compliance risk—and now AI agents have added one more
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