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U.K. regulator investigating Amex GBT acquisition of CWT
By Linda Fox
|
June 5, 2024
A statement from Amex GBT said the company had “voluntarily notified the CMA of the transaction for antitrust approval in the U.K.”...
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News
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Technology
Accor embarks on CRS migration with Amadeus
By Linda Fox
|
June 5, 2024
The goal is to have the first hotel live on the system in a year, and France-based Accor is prioritizing luxury properties in North America to migrate first....
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News
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Online
India-based online travel agency Ixigo will open IPO Monday
By Mitra Sorrells
|
June 4, 2024
The IPO includes an issuance of fresh shares worth about $14.5 million and the sale of nearly 67 million shares from existing shareholders....
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News
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Online
With “innovationism” as its new philosophy, Trip.com Group comes roaring back
By Yeoh Siew Hoon - WiT
|
June 3, 2024
At its event last week, Trip.com Group leadership outlined the company's goal to be the number one OTA for flights in five years, powered by growth driven by higher-tier members and younger generations....
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Distribution
European tour operator FTI files for insolvency
By Linda Fox
|
June 3, 2024
The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies....
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News
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Online
5 noteworthy stats about U.K. travelers
By Phocuswright Research
|
June 3, 2024
Phocuswright’s U.K. Consumer Travel Report 2024, based on a survey of British leisure travelers, provides a comprehensive range of data and analysis on the trip life cycle for consumers in the U.K. ...
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News
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Technology
From security to cloud, 4 tech insights from hospitality execs
By Linda Fox
|
June 3, 2024
Executives from across the hospitality industry discuss how new and old technologies are helping and hindering the sector....
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News
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Online
Tours and activities platform Headout acquires Dabble to build AI experiences
By Mitra Sorrells
|
May 31, 2024
Headout said it will use Dabble’s capabilities to build “a new generation of AI-powered travel experiences for Headout users."...
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News
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Technology
Korea’s KakaoMobility plans to offer electric air taxi flights by 2026
By D.J. Catron
|
May 30, 2024
The deal with Korea-based mobility service platform KakaoMobility includes plans to purchase of up to 50 of Archer’s Midnight eVTOL aircraft valued at approximately $250 million. ...
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News
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Online
SilverRail integrates with Google on rail search
By D.J. Catron
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May 30, 2024
Google is launching United Kingdom rail directly into its search engine, while directing users to book tickets via SilverRail’s retailing platform....
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News
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Technology
Viva Aerobus gets real-time pricing through Fetcherr deal
By Linda Fox
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May 30, 2024
Fetcherr says its large market model “understands market dynamics” and can forecast demand to improve pricing decisions for airlines....
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News
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Online
Online travel giants “step on the gas” for marketing spend in Q1
By D.J. Catron
|
May 30, 2024
Expedia Group, Booking Holdings, Airbnb and Trip.com Group spent a combined $4.08 billion on sales and marketing in the first quarter, building on 2023’s record year. ...
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News
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Startups
Travel paytech company Swiipr raises £6 million
By Morgan Hines
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May 29, 2024
The new funding is meant to help the company as it seeks to drive growth, particularly in the areas of research and development, artificial intelligence, data analytics and strategy, among others....
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News
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Online
Vasu Raja to leave American Airlines next month
By Donna M. Airoldi – Business Travel News
|
May 29, 2024
American Airlines chief commercial officer Vasu Raja will depart the airline in June. Stephen Johnson, vice chair and chief strategy officer, will assume his role immediately and help to lead the search for a replacement....
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News
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Technology
7 GenAI use cases for consumer travel and internal operations
By Phocuswright Research
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May 29, 2024
As generative AI technologies evolve, the travel sector is poised to see significant changes in how services are marketed, sold and managed, making it crucial for companies to stay informed and adaptive to maintain competitiveness....
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