News

gbt-acquires-ovation
News / Online
American Express GBT acquires Ovation Travel Group
By Mitra Sorrells | January 21, 2021
The purchase includes all Ovation Travel Group brands, which will remain in place. ... Read More
TripActions-snags-155-million
News / Online
TripActions snags additional $155M, valuation now $5B
By Mitra Sorrells | January 21, 2021
TripActions CEO Ariel Cohen says investors came to him toward the end of 2020 due to the company’s “execution in terms of taking market share.”  ... Read More
Maps.me lands $50M round, plans mobile wallet
News / Online
Maps.me lands $50M round, plans mobile wallet
By Linda Fox | January 21, 2021
Maps.me plans to bring decentralized finance for travel purchases to its users following the new funding round.... Read More
Microsoft bets on autonomous vehicle tech with investment in GM's Cruise
News / Technology
Microsoft bets on autonomous vehicle tech with investment in GM's Cruise
By Jill Menze | January 21, 2021
Microsoft is backing a $2 billion funding round for General Motors’ driverless car unit Cruise as part of a long-term strategic relationship.... Read More
Once upon a time, a cruise ship left the harbor... 366 days in the life of the travel industry
News / Online
Once upon a time, a cruise ship left the harbor... 366 days in the life of the travel industry
By Mitra Sorrells / Linda Fox | January 20, 2021
As we mark the one-year milestone of COVID's first impact on the travel industry, we review how key sectors have fared and what is one the horizon.... Read More
VIDEO: Hilton on an evolving digital environment for accommodation
News / Online
VIDEO: Hilton on an evolving digital environment for accommodation
By PhocusWire | January 20, 2021
With leisure travel stalled, meetings and events cancelled and short-term rentals taking the spotlight, hotel leaders are in the hot seat.... Read More
WEBINAR REPLAY! How to shape your 2021 revenue strategy with forward-looking data
News / Distribution
WEBINAR REPLAY! How to shape your 2021 revenue strategy with forward-looking data
By PhocusWire | January 19, 2021
We'll show you how you can leverage forward-looking data to get ahead of the competition, align your commercial teams and better anticipate changing consumer behavior.... Read More
atpco-buys-sita-airfare-insight
News / Technology
ATPCO buys SITA’s Airfare Insight fare management system
By Mitra Sorrells | January 19, 2021
In the coming months, ATPCO and SITA will work together to integrate the Airfare Insight system into ATPCO's new Architect pricing tool.... Read More
Skyscanner pinpoints unserved routes for airlines via traveler intent tech
News / Technology
Skyscanner pinpoints unserved routes for airlines via traveler intent tech
By Linda Fox | January 19, 2021
Skyscanner is providing airlines with up-to-date information on traveler searches to uncover new opportunities.... Read More
Mobility startup Meep hitches a ride with €4M round
News / Startups
Mobility startup Meep hitches a ride with €4M round
By Kevin May | January 19, 2021
The Series A funding round comes just over a year since a €1.5 million seed round into the mobility app and white label platform.... Read More
Pana snags $3.5M investment to develop new travel manager tools
News / Online
Pana snags $3.5M investment to develop new travel manager tools
By Kevin May | January 19, 2021
The round of £3.6 million was led by RTP Ventures and included participation from investors Matt Ziskie and Dave Ambrose.... Read More
Airbnb's Brian Chesky on permanent shifts in travel and need for principles in a crisis
News / Distribution
Airbnb's Brian Chesky on permanent shifts in travel and need for principles in a crisis
By Linda Fox | January 18, 2021
Following its successful IPO, Airbnb is planning for a different future where travel could be far more distributed.... Read More
Cocoonr signs €1M investment round for its vacation rental platform
News / Online
Cocoonr signs €1M investment round for its vacation rental platform
By Kevin May | January 18, 2021
Backing the company in the round are George Sampeur of the B&B Hotel group and Gwenne G, among other unnamed investors.... Read More
Black U.S. travelers make decisions based on safety, representation
News / Online
Black U.S. travelers make decisions based on safety, representation
By Jill Menze | January 18, 2021
According to MMGY Global, Black U.S. travelers are more influenced by safety concerns and marketing representation than their European counterparts.... Read More
microsoft-oracle-salesforce-vaccine-credential
News / Online
Microsoft, Oracle, Salesforce to create standards for storing, sharing vaccination records
By Mitra Sorrells | January 18, 2021
The goal is to give consumers the ability to store an encrypted copy of their immunization credential in a digital wallet of their choice, such as Apple Wallet or Google Pay.... Read More