News

Amadeus revenue hits €1.5B in Q3
News / Technology
Amadeus revenue hits €1.5B in Q3
By Linda Fox | November 7, 2024
Amadeus CEO Luis Maroto said company aims to be "undisputed aggregator" of NDC volumes for airlines.... Read More
Acai Travel secures $4M for AI efficiency tools for agents
News / Startups
Acai Travel secures $4M for AI efficiency tools for agents
By Linda Fox | November 7, 2024
The funding will further the startups’ ambition to build an operating system to drive efficiency in travel operations and enhance the traveler experience.... Read More
Viator’s revenue surpasses brand Tripadvisor for first time in Q3
News / Online
Viator’s revenue surpasses brand Tripadvisor for first time in Q3
By Mitra Sorrells | November 6, 2024
In the third quarter of this year experiences revenue grew 10% year over year accounted for 51% of Tripadvisor’s total revenue.  ... Read More
Is the travel industry ready for its technology “leapfrog” moment?
News / Technology
Is the travel industry ready for its technology “leapfrog” moment?
By Matthew Parsons | November 6, 2024
New players entering travel and tourism are looking to benefit from technology platforms borne out of recent digital acceleration and platforms that have been further enhanced by recent developments in artificial intelligence.... Read More
Trivago reports continued losses, cites impairment charge
News / Online
Trivago reports continued losses, cites impairment charge
By Morgan Hines | November 5, 2024
The hotel metasearch platform said it remains optimistic that it can return to top line growth year-over-year during the fourth quarter in part through disciplined marketing investment decisions.... Read More
Progress in air travel digital wallets as live test completed
News / Technology
Progress in air travel digital wallets as live test completed
By Matthew Parsons | November 5, 2024
The latest test of digital identity was carried out during a round-trip Cathay Pacific flight between Hong Kong International Airport and Japan’s Narita International Airport.... Read More
Mews acquires meetings and events technology specialist Quotelo
News / Technology
Mews acquires meetings and events technology specialist Quotelo
By Linda Fox | November 4, 2024
Quotelo is the tenth acquisition for Mews Ventures, which most recently acquired HS3 in Germany in May.... Read More
Gray Dawes grows in Australia with acquisition of Verve Travel
News / Online
Gray Dawes grows in Australia with acquisition of Verve Travel
By Linda Fox | November 4, 2024
The acquisition, which is Gray Dawes' sixteenth in recent years, is part of the growth strategy for the United Kingdom-based TMC and brings its turnover to more than £600 million. ... Read More
Where are they now? Catching up with the Hot 25 Travel Startups for 2024
News / Startups
Where are they now? Catching up with the Hot 25 Travel Startups for 2024
By Mileva Sapic | November 4, 2024
Sixteen of our Hot 25 Travel Startups for 2024 let us know how they’re doing nearly a year after they were named part of our list.... Read More
PhocusWire's weekly travel tech news briefs: Sabre, Uber Business, Accelya, Concur and more
News / Technology
PhocusWire's weekly travel tech news briefs: Sabre, Uber Business, Accelya, Concur and more
By PhocusWire | November 1, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup.... Read More
Camping marketplace Hipcamp acquires BookOutdoors
News / Online
Camping marketplace Hipcamp acquires BookOutdoors
By Morgan Hines | October 31, 2024
Hipcamp has more than 140,000 campsites listed in four countries and had more than 3.3 million nights booked on its platform last year.... Read More
Sabre described as "different company" as Q3 gains reported
News / Distribution
Sabre described as "different company" as Q3 gains reported
By Linda Fox | October 31, 2024
Sabre has reported gains across both its travel and hospitality solutions business units in the third quarter of 2024, with total revenue in the quarter up 3%.... Read More
Booking Holdings' connected trip transactions jump 40% year over year in Q3
News / Online
Booking Holdings' connected trip transactions jump 40% year over year in Q3
By Morgan Hines | October 30, 2024
Booking Holdings brought in total revenue of $8 billion, a 9% increase compared to the same quarter last year, with 39% growth in airline tickets sold. ... Read More
Traveltek latest to be acquired by Juniper Group
News / Technology
Traveltek latest to be acquired by Juniper Group
By Linda Fox | October 30, 2024
Juniper Group, part of Vela Software and Constellation Software, continues its acquisition spree with cruise and dynamic packaging tech specialist Traveltek.... Read More
Are most travelers early tech adopters?
News / Online
Are most travelers early tech adopters?
By PhocusWright Research | October 30, 2024
Are most travelers early tech adopters? Previous Phocuswright research focused primarily on measuring the rise of mobile device usage for shopping and booking but the latest report delves into generative AI, augmented reality, biometrics and more.... Read More