News

RESEARCH: Latin America travel market - state of a region's recovery
News / Online
RESEARCH: Latin America travel market - state of a region's recovery
By PhocusWire | March 5, 2021
The market has suffered as much as most around the world but some countries are predicting a return to pre-pandemic levels as early as 2023.... Read More
InPhocus, episode 33 - Big picture uncertainty
News / Online
InPhocus, episode 33 - Big picture uncertainty
By PhocusWire | March 5, 2021
ITB director Martin Buck reflects on what it meant for the show and the industry as March 2020 turned the sector on its head and what happens next for the sector.... Read More
Easol raises $4.5M to prepare for post-COVID activities rebound
News / Startups
Easol raises $4.5M to prepare for post-COVID activities rebound
By Jill Menze | March 4, 2021
Notion Capital led the round into "experience commerce" platform Easol, which supports businesses such as adventure trips and festivals.... Read More
Why virtual tours and activities will stick around after the pandemic
News / Online
Why virtual tours and activities will stick around after the pandemic
By Mitra Sorrells | March 4, 2021
Companies providing online tours and activities - including Amazon - say they plan to keep virtual experiences around even after the pandemic ends.... Read More
TravelTech Show scheduled for September global marathon
News / Technology
TravelTech Show scheduled for September global marathon
By PhocusWire | March 4, 2021
The organizers believe that by this time the industry will be well on the road to recovery and the community will be ready to come together to share ideas and explore new ways of working towards recovery and expansion.... Read More
Trip.com Group sees out 2020 with revenues halved, domestic leading recovery
News / Online
Trip.com Group sees out 2020 with revenues halved, domestic leading recovery
By Kevin May | March 4, 2021
The company says the fourth quarter of 2020, when revenues were down 40% on 2019, reflected a narrowing of the declines from a pandemic-hit year as domestic travel continued its strong recovery.... Read More
Harvest Hosts raises $37M to expand its RV membership program
News / Online
Harvest Hosts raises $37M to expand its RV membership program
By Jill Menze | March 3, 2021
Harvest Hosts lets travelers with RVs park at attractions such as wineries, farms and museums for unique overnight stays.... Read More
Sitecore acquires travel personalization platform Boxever
News / Technology
Sitecore acquires travel personalization platform Boxever
By Kevin May | March 3, 2021
Boxever was created in 2011 and built a digital optimization platform to use a brand's user data and combine it with artificial intelligence techniques to provide customer up-sell and cross-sell opportunities.... Read More
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
News / Online
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
By Linda Fox | March 3, 2021
Traveloka says it is still considering listing in Indonesia but the U.S. provides global opportunities.... Read More
Hertz devises restructuring plan after private equity injection
News / Distribution
Hertz devises restructuring plan after private equity injection
By Linda Fox | March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2 billion.... Read More
VIDEO: Bringing governments, destinations, industry and science together safely
News / Online
VIDEO: Bringing governments, destinations, industry and science together safely
By PhocusWire | March 3, 2021
PhocusWire spoke to WTTC's president and CEO, Gloria Guevara, to understand the efforts the council is making to bring its stakeholders together for a coordinated response to the pandemic.... Read More
Short-term rental bookings boom in the U.K. after roadmap announcement
News / Online
Short-term rental bookings boom in the U.K. after roadmap announcement
By Jill Menze | March 3, 2021
Following Boris Johnson's announcement that the U.K. would ease lockdown plans, short-term rental bookings jumped 88% over the week prior.... Read More
expedia-sells-classic-vacations
News / Online
Expedia Group sells Classic Vacations packaging brand
By Jeri Clausing - Travel Weekly | March 2, 2021
Classic will operate as a standalone company, with president David Hu and his leadership team remaining in place; and its headquarters will stay in San Jose.... Read More
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
News / Online
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
By Kevin May | March 2, 2021
The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually slowing increases in prior years.... Read More
terry-jones-pulse
News / Technology
VIDEO: Terry Jones on health passports, standards and restoring consumer confidence
By Mitra Sorrells | March 2, 2021
Travel industry veteran Terry Jones discusses the need for collaboration and communication as the industry rolls out digital health passports and other solutions to restart travel.... Read More