Online Travel Agency

PhocusWire's in-depth coverage of online travel agencies, featuring news, analysis, interviews, research and more on the brands and their strategies, executives and positions in the market.

wheel-the-world-2m-funding
News / Startups
Accessible travel OTA Wheel the World raises $2M
By Mitra Sorrells | August 10, 2021
Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide. Read More
How Booking.com gained market share while we were in lockdown
Opinion / Online
How Booking.com gained market share while we were in lockdown
By Marta Romero - Mirai | August 9, 2021
Given the current situation, where many channels are still not appearing and we don’t know if they will be activated this season, Booking.com has become the basket where most of a hotel's distribution... Read More
VIDEO: Maintaining trust in shopping and booking travel
News / Technology
VIDEO: Maintaining trust in shopping and booking travel
By PhocusWire | August 9, 2021
Travel companies have a golden opportunity to rebuild confidence by building trust in their payment processes. Read More
Sounding Off: Travel brands walk a tightrope over vaccines
Interview / Online
Sounding Off: Travel brands walk a tightrope over vaccines
By PhocusWire | August 6, 2021
The sector will not recover at the speed it wants if its brands fail to follow the science and unless they do their part to urge people to take up the offer of vaccinations. Read More
VIDEO: The Big Picture for travel payments
News / Technology
VIDEO: The Big Picture for travel payments
By PhocusWire | August 6, 2021
In some respects the payments element of the travel, tourism and hospitality sector operates regardless of the number of travelers. Think again. Read More
expedia-group-q2-2021
News / Online
Expedia Group Q2 revenue tops $2B driven by U.S. hotel and vacation rental bookings
By Mitra Sorrells | August 5, 2021
Expedia Group CEO Peter Kern expressed concern about growing uncertainty due to newer COVID variants. Read More
Lastminute.com Group points to strong travel rebound as financials improve
News / Online
Lastminute.com Group points to strong travel rebound as financials improve
By Kevin May | August 5, 2021
The jump of 213% year-over-year points to a strong rebound for the business, especially in June when income was in line with pre-COVID levels despite lower booking volumes. Read More
booking-holdings-q2-2021
News / Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells | August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.   Read More
Uber basks in early recovery momentum with $4B quarterly revenues
News / Online
Uber basks in early recovery momentum with $4B quarterly revenues
By Kevin May | August 5, 2021
The turnaround in the U.S.-based company's fortunes comes after a dismal 2020 when its ride-hailing division collapsed under the weight of global lockdowns and travel restrictions for prolonged periods... Read More
russia-travel-recovery
News / Online
Russia's online travel primed as investment arrives
By Linda Fox | August 4, 2021
The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More
Booking.com launches Flash Deals for hotels
News / Distribution
Booking.com launches Flash Deals for hotels
By Kevin May | August 4, 2021
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that time period, customers will get up to 30% off a selected room and rate. Read More
Lyft achieves adjusted EBITDA profitability for first time
News / Online
Lyft achieves adjusted EBITDA profitability for first time
By Mitra Sorrells | August 4, 2021
The ride-hailing company's Q2 revenue figure is an increase of 26% compared to the first quarter of this year when revenue was $609 million. Read More
VIDEO: Easing the burden of paying for travel
News / Technology
VIDEO: Easing the burden of paying for travel
By PhocusWire | August 4, 2021
What is the appeal of buy-now-pay-later for brands? What segments of the industry is it more popular than others? And what effect does it have on the business models of exissting brands? Read More
STARTUP STAGE: TravelRank guides travelers to new destinations via AI
Interview / Startups
STARTUP STAGE: TravelRank guides travelers to new destinations via AI
By Linda Fox | August 4, 2021
TravelRank's AI analyzes the user's travel history and compares it to data of similar travelers and similar unvisited destinations. Read More
Sabre revenues less than half of 2019 levels despite some travel resuming
News / Distribution
Sabre revenues less than half of 2019 levels despite some travel resuming
By Kevin May | August 3, 2021
Revenues in the second quarter of 2019 were $1 billion, compared to $400 million this quarter, an indication of how far the distribtion and tech supplier still has to go before it reachs pre-pandemic... Read More
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