News

VIDEO: SAP Concur on coronavirus, duty of care and Google in corporate travel
News / Distribution
VIDEO: SAP Concur on coronavirus, duty of care and Google in corporate travel
By Linda Fox | March 10, 2020
PhocusWire talks to SAP Concur about rogue spend, what's next in expense management and more at Travel Technology Europe 2020.... Read More
Checkfront raises $9.3M round, talks up independent role for activities
News / Technology
Checkfront raises $9.3M round, talks up independent role for activities
By Kevin May | March 9, 2020
The Canada-based company, which this year celebrates a decade of operations since its creation, received the round in a deal led by Framework Venture Partners.... Read More
Cathay Pacific fined £500,000 after "brute force" data breach
News / Technology
Cathay Pacific fined £500,000 after "brute force" data breach
By Linda Fox | March 9, 2020
A regulator in the U.K. imposed the fine, saying that between October 2014 and May 2018, the airline’s computer systems did not have “appropriate security measures” to protect customer data.... Read More
How Singapore Tourism Board is working on a post-coronavirus strategy
News / Online
How Singapore Tourism Board is working on a post-coronavirus strategy
By Yeoh Siew Hoon - WebInTravel  | March 9, 2020
Some areas of the world are already looking to the future as they seek to rebuild their tourist economies after the outbreak of coronavirus.... Read More
Lyric lays off 25 employees, closes nearly 30% of units as part of restructuring plan
News / Online
Lyric lays off 25 employees, closes nearly 30% of units as part of restructuring plan
By Donna M. Airoldi - Business Travel News | March 9, 2020
Lyric, an apartment-style accommodation provider, has cut 25 people from its 150-person workforce and will close 179 of its 600 units nationwide amid a downsizing and restructuring.... Read More
Perseverance, prudence - and slight pivots - are key to travel startup success during coronavirus
News / Startups
Perseverance, prudence - and slight pivots - are key to travel startup success during coronavirus
By Mitra Sorrells | March 9, 2020
Investors from Plug and Play and HV Holtzbrinck Ventures and the founder of startup Stride Travel weigh in on the short- and long-term impacts of the COVID-19 coronavirus on innovation in travel.... Read More
President Trump orders sale of StayNTouch to Chinese giant Shiji to be reversed
News / Technology
President Trump orders sale of StayNTouch to Chinese giant Shiji to be reversed
By Kevin May | March 6, 2020
Trump's intervention is being made on grounds of national security, a statement from the White House says.... Read More
WEBINAR ALERT! How virtual payments are changing the travel landscape
News / Technology
WEBINAR ALERT! How virtual payments are changing the travel landscape
By PhocusWire | March 6, 2020
Join us to understand how virtual payment solutions are changing this landscape and providing more flexible opportunities across the travel ecosystem, such as improving cash flow, increasing transparency and simplifying payment processing.... Read More
Sounding Off: Coronavirus could trigger the travel marketing overhaul many want
Interview / Online
Sounding Off: Coronavirus could trigger the travel marketing overhaul many want
By PhocusWire | March 6, 2020
Many companies in the industry have wanted a shift away from relying heavily on Google for customer acquisition. They may finally get their wish.... Read More
European Commission agrees to data-sharing pact with short-term rental giants
News / Distribution
European Commission agrees to data-sharing pact with short-term rental giants
By Linda Fox | March 6, 2020
Online accommodation platforms Airbnb, Booking.com, Expedia and Tripadvisor have agreed to share short-term rental data with the European Commission.... Read More
Flight Centre invests in NDC-led airline tech specialist TPConnects
News / Distribution
Flight Centre invests in NDC-led airline tech specialist TPConnects
By Linda Fox | March 6, 2020
The Australia-based travel retailer says the undisclosed investment improves its air content, with TPConnects developing technology based around IATA’s NDC and One Order.... Read More
Expedia Group, Booking Holdings spent more than $11B on marketing (mostly to Google) in 2019
News / Online
Expedia Group, Booking Holdings spent more than $11B on marketing (mostly to Google) in 2019
By Steven Lerner | March 6, 2020
One company grew its marketing spend in 2019 and the other company essentially remained flat.  ... Read More
Despegar 2019 earnings
News / Online
Despite "volatile macro environment," Despegar finishes 2019 strong with 10% revenue increase
By Steven Lerner | March 5, 2020
Despegar ended 2019 on a high note with a 10% increase in fourth quarter revenue to $145.6 million, although revenue for the full year declined by 1% to $524.9 million.  ... Read More
ixigo-gogobus-investment
News / Online
Ixigo moves deeper into bus travel with investment in GogoBus
By Mitra Sorrells | March 5, 2020
India-based online travel agency Ixigo is investing in the first round of funding for smart bus startup GogoBus.... Read More
Digital identity solution Airside gets strategic investment from Amadeus Ventures
News / Technology
Digital identity solution Airside gets strategic investment from Amadeus Ventures
By Steven Lerner | March 5, 2020
For its first investment of 2020, Amadeus Ventures is backing mobile identity solution Airside for an undisclosed amount.... Read More