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Distribution
Private equity firm Creador acquires hospitality marketplace MG Group
By Linda Fox
|
January 2, 2025
MG Group, an Indonesia-based company that operates a B2B hospitality marketplace in Southeast Asia, will now look to accelerate its global growth post-acquisition....
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News
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Online
Phocuswright analysts share their travel predictions for 2025
By Morgan Hines
|
January 2, 2025
AI agents, luxury travel, developments in APAC, short-term rentals, digital ID and eVTOLS are some of the topics Phocuswright analysts are watching for 2025....
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News
/
Technology
Travel industry leaders' predictions for 2025
By Morgan Hines
|
January 2, 2025
Executives from Travelport, Klook, Cloudbeds, Spotnana, Mews and more share their predictions for the year ahead, including their takes on artificial intelligence, search, funding and more. ...
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News
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Online
STR management company Casago acquires much larger — but struggling — Vacasa
By Mitra Sorrells
|
December 30, 2024
Since going public in December 2021, Vacasa has struggled with a drop in inventory and revenue, executive departures and multiple rounds of layoffs....
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News
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Online
Saudi Arabia's $800B investment to build human connections
By Marisa Garcia
|
December 30, 2024
The importance of authentic experiences and changing perceptions was discussed during a one-on-one panel held at The Phocuswright Conference....
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News
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Technology
The move from legacy models to delightful experiences
By Marisa Garcia
|
December 24, 2024
Executives from Despegar, Meili and Wego discuss the complexity in travel and the hope for AI to solve some of the challenges at The Phocuswright Conference 2024....
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News
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Online
Poland-based WP Holding to purchase Invia Group for nearly €240M
By Morgan Hines
|
December 23, 2024
The technology holding company has signed a framework agreement to buy all the shares of the travel company. Invia Group operates in Austria, Germany, the Czech Republic, Switzerland, Slovakia, Hungary and Poland....
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News
/
Online
Despegar acquired by Naspers-owned Prosus for $1.7B
By Linda Fox
|
December 23, 2024
The Dutch company invests in technology companies across multiple verticals and said, with this transaction, it will serve more than 100-million customers in Latin America across travel, e-commerce and fintech....
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News
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Startups
How travel startup funding shaped up in 2024
By Linda Fox
|
December 23, 2024
We've rounded up details on some of the top travel tech funding stories of 2024 along with insights from investors, including a panel from The Phocuswright Conference....
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News
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Online
Expedia Group names former interim eBay CEO as new CFO
By Morgan Hines
|
December 20, 2024
Expedia Group has announced that Scott Schenkel will serve as its new chief financial officer after Julie Whalen departs the company in February....
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News
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Online
PhocusWire's weekly travel tech news briefs: Amadeus, Sabre, Hostaway
By PhocusWire
|
December 20, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup....
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News
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Online
Phocuswright's Travel Forward: Data, Insights and Trends for 2025
By PhocusWire
|
December 20, 2024
This new interactive report from Phocuswright equips industry stakeholders with key data and trends needed to navigate the evolving travel landscape. ...
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News
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Online
HotelPlanner acquires platform for finding pet-friendly accommodations
By Morgan Hines
|
December 19, 2024
The company said the acquisition is part its goal to improve travel by making experiences more inclusive with the ability to bring along furry friends....
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News
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Online
Tripadvisor to merge with Liberty Tripadvisor in $435M deal
By Mitra Sorrells
|
December 19, 2024
The companies announced the merger Thursday morning and the deal is expected to close in the second quarter of 2025....
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News
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Startups
TripSuite raises $5M to grow AI platform for agencies
By Morgan Hines
|
December 19, 2024
TripSuite's platform for travel agencies offers tools for customer relationship management, commission tracking, accounting, payments and more. ...
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