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Online
Travel industry reacts to Google antitrust, monopoly ruling
By Morgan Hines
|
August 6, 2024
What kind of impact does the industry expect to see as a result of the Google antitrust ruling? Do travel leaders expect to see big changes? ...
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News
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Distribution
Winding Tree winds up blockchain travel distribution effort
By Linda Fox
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August 6, 2024
Blockchain-based travel booking tech company Winding Tree has ceased operations with the company saying it failed to find a product market fit....
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News
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Technology
Digital tipping growth offers corporate travel an avenue to examine policies
By Michael B. Baker – Business Travel News
|
August 6, 2024
Grazzy is one of several platforms that hotels are adopting to offer digital tipping opportunities to customers, and other service providers that traditionally have relied on cash tips have been adding digital solutions as well. ...
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News
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Online
How Google’s monopoly ruling impacts travel search and bookings
By D.J. Catron
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August 5, 2024
Travel companies have been complaining for years about Google’s digital search and advertising dominance. The biggest online travel agencies spent a combined $16.8 billion on sales and marketing last year – with much of it going to Google....
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Online
5 things to know about the U.S. hotel market
By Phocuswright Research
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August 5, 2024
Phocuswright shares data from its U.S. Travel Market Report 2023-2027 series, which includes detailed analysis of five segments: hotel and lodging, airline, car rental, cruise and packaged travel....
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Online
Is there untapped potential in hospitality subscriptions?
By Morgan Hines
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August 5, 2024
Travelers’ increased interaction with a brand could lead to high customer lifetime value - that’s where a hospitality subscription could provide real value as a stepping stone, experts say....
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Online
PhocusWire's weekly travel tech news briefs: Breeze Airways, Holibob, HRS, Mindtrip and more
By PhocusWire
|
August 2, 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
Booking Holdings touts alternative accommodation growth, success on social media
By Mitra Sorrells
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August 1, 2024
Booking Holdings said its alternative accommodation business is growing faster than its overall business and now has 7.8 million listings globally, up about 11% year over year....
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News
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Startups
Myne adds €40M for vacation home co-ownership platform expansion
By Linda Fox
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August 1, 2024
The equity and debt round was led by Limestone Capital with existing investors Motive Ventures and Scope Hanson also involved....
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News
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Online
Sabre raises 2024 outlook as Q2 results exceed expectations
By Mitra Sorrells
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August 1, 2024
Sabre's Q2 revenue was $767 million, with about 90% of that attributed to its Travel Solutions business that includes distribution and IT services for suppliers and buyers. ...
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News
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Online
How fintech companies are progressing in the travel space
By Linda Fox
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August 1, 2024
Whether they believe they can remove friction and/or offer something better than existing travel companies, payment specialists and financial institutions are looking to increase their stake in the industry....
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News
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Technology
Guesty unveils AI-driven messaging tool for short-term rentals
By D.J. Catron
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July 31, 2024
“ReplyAI” uses generative AI algorithms to analyze guest and host correspondence to guide future responses....
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News
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Distribution
Amadeus reports revenue and profit gains for Q2 2024
By Linda Fox
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July 31, 2024
Amadeus reported double digit increases in group revenue, air IT and hospitality in the second quarter of 2024....
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News
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Online
Trivago deepens partnership with Holisto while reporting Q2 losses
By Morgan Hines
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July 30, 2024
As Trivago announced its new investment, the company reported total revenue for Q2 amounted to €118.6 million, down 5% from €124.4 million during the same period last year. ...
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News
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Distribution
U.K. regulator to investigate Amex GBT acquisition of CWT more closely
By Linda Fox
|
July 30, 2024
The Competition and Markets Authority in the U.K. has expressed concern that the merger could impact quality of service, pricing and/or lead to reduced innovation for the business travel customers of large corporations....
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