News

Lyft teams up with Baidu to launch robotaxis in Europe
News / Online
Lyft teams up with Baidu to launch robotaxis in Europe
By Abby Crotty | August 4, 2025
Just last month, Baidu announced a partnership with Uber to deploy robotaxis in the Middle East and Asia.... Read More
OYO acquires rental management platform MadeComfy
News / Technology
OYO acquires rental management platform MadeComfy
By Linda Fox | August 4, 2025
MadeComfy secured funding of $10M two years ago and said the investment would go towards expansion across Australia.... Read More
Weighing in on the next generation of travel products and services around the world
News / Technology
Weighing in on the next generation of travel products and services around the world
By Abby Crotty | August 1, 2025
In an executive panel at Phocuswright Europe 2025, Emilie Dumont, CEO of Digitrips, and Rajnish Kumar, group co-CEO of Ixigo, discussed the tech ties that bind different regions of the world.... Read More
PhocusWire's weekly travel tech news briefs: Casago, GuideGeek, Booking.com and more...
News / Technology
PhocusWire's weekly travel tech news briefs: Casago, GuideGeek, Booking.com and more...
By PhocusWire | August 1, 2025
Keep up with all the latest people, partner and product news from around the global travel industry.... Read More
Amadeus looks to future with ‘steady growth’ in first half of 2025
News / Distribution
Amadeus looks to future with ‘steady growth’ in first half of 2025
By Linda Fox | July 31, 2025
The company reported positive earnings for the second quarter of 2025 on the heels of a profit increase during Q1, despite global and economic uncertainty.... Read More
Travel executives on the rise of ‘interest media’
News / Online
Travel executives on the rise of ‘interest media’
By Morgan Hines | July 31, 2025
Industry experts agree social media is only getting stronger and more relevant, particularly in this new era of "interest media," a new term coined by Gary Vaynerchuk.... Read More
Ramp raises $500M, brings valuation to $22.5B
News / Online
Ramp raises $500M, brings valuation to $22.5B
By Abby Crotty | July 30, 2025
The latest funding news comes just 45 days after Ramp announced it had raised $200 million in its Series E round.... Read More
Faye extends insurance to more verticals, builds out platform
News / Startups
Faye extends insurance to more verticals, builds out platform
By Linda Fox | July 30, 2025
Travel insurance provider Faye has launched a product for OTAs and reached $100 million in sales three years after launching, the company said.... Read More
Trends, challenges and opportunities in ground transportation
News / Online
Trends, challenges and opportunities in ground transportation
By Abby Crotty | July 30, 2025
Executives discussed recent achievements and ongoing issues in ground transportation, as well as what's needed to achieve the seamless journey.... Read More
Booking Holdings reports strong Q2 results, growth in Europe, Asia
News / Online
Booking Holdings reports strong Q2 results, growth in Europe, Asia
By Morgan Hines | July 29, 2025
Booking Holdings reported positive results with a rise in room nights, gross bookings and revenue, exceeding its own expectations, despite uncertainty.... Read More
TakeUp scores $11M to advance revenue optimization for independent hotels
News / Startups
TakeUp scores $11M to advance revenue optimization for independent hotels
By Linda Fox | July 29, 2025
TakeUp says its technology uses causal inference AI models to continuously fine-tune pricing based on guest behavior.... Read More
Travel startup funding and M&A trends in Q2 2025
News / Startups
Travel startup funding and M&A trends in Q2 2025
By Linda Fox | July 29, 2025
Headlines surrounding tariffs, political uncertainty and global conflict may have tempered travel startup funding in the second quarter of 2025.... Read More
United States airlines look to steady the skies in 2025
News / Online
United States airlines look to steady the skies in 2025
By Phocuswright Research | July 29, 2025
With consumer confidence plunging and international sentiment cooling, U.S. airlines are projected to eke out just a 1% revenue gain in 2025.... Read More
Innovating with AI in travel to prepare for the future
News / Technology
Innovating with AI in travel to prepare for the future
By Abby Crotty | July 28, 2025
During an executive interview at Phocuswright Europe in Barcelona, innovation consultant Marc Mekki explained the “paradox” of AI.... Read More
European acquisition revives Space Perspective's space tourism ambitions
News / Online
European acquisition revives Space Perspective's space tourism ambitions
By Brinley Hineman - Travel Weekly | July 25, 2025
Space Perspective appeared to cease operations earlier this year, but now the company seems to be back on track to eventual operation after being acquired.... Read More