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.

tier-escooter-funding
News / Technology
Tier raises $250M to expand mobility network around Europe
By Kevin May | November 12, 2020
The Series C round brings the total taken by way of external investment into Tier to $381 million over five rounds. Read More
Lastminute.com Group enjoys summer rebound but 2020 revenues still down 55%
News / Online
Lastminute.com Group enjoys summer rebound but 2020 revenues still down 55%
By Kevin May | November 11, 2020
The online travel business says all its main performance metrics increased significantly over the May to August period, compared to the mass lockdown-hit months of March and April. Read More
online-travel-digital-gatekeepers
News / Online
Online travel platforms dispute "gatekeeper" claims as Europe readies digital legislation
By Linda Fox | November 11, 2020
Proposals for new European digital legislation in Europe could include online travel players such as Airbnb and Booking.com. Read More
How AI‐powered revenue management is helping airlines recover
Opinion / Distribution
How AI‐powered revenue management is helping airlines recover
By Justin Jander - PROS | November 11, 2020
Since the outbreak of COVID-19 the situation has become uncertain for revenue management because many predictions – based on what was seen, planned and forecasted before the pandemic – no longer apply. Read More
Phocuswright Conference 2020 Preview: Vaccines, government changes should inspire higher recovery goals
News / Technology
Phocuswright Conference 2020 Preview: Vaccines, government changes should inspire higher recovery goals
By Kevin May | November 10, 2020
If the chaos of 2020 is swiftly put behind us, then the devastating aspects of what has happened this year (huge job losses, brands closed, etc.) will be in vain. Read More
Marriott notes revenue and occupancy improvement led by China
News / Distribution
Marriott notes revenue and occupancy improvement led by China
By Donna Airoldi - BTN | November 9, 2020
The hotel giant reported revenue per available room improvement in Q3 2020, with third-quarter occupancy at 35%, a drop of 40.8% from 2019. Average daily rate fell 26.4% to $117.44. Read More
Sabre reports revenue loss of $312M, says IT business revenue exceeds distribution
News / Distribution
Sabre reports revenue loss of $312M, says IT business revenue exceeds distribution
By Linda Fox | November 6, 2020
Sabre says revenue for its IT Solutions business has exceeded its distribution business in Q3 2020 earnings. Read More
Sounding Off: Booking early is great but not in the DNA of attractions
Interview / Online
Sounding Off: Booking early is great but not in the DNA of attractions
By PhocusWire | November 6, 2020
Attractions are at an inherent disadvantage when it comes to their attempts to foster direct relationships and upsell opportunities in advance of a trip. But 2020 might change that. Read More
Amadeus credits domestic travel restart for small financial improvement
News / Distribution
Amadeus credits domestic travel restart for small financial improvement
By Kevin May | November 6, 2020
The Spain-based company posted a 60% slump in revenue for the first nine months of 2020 to €1.7 billion. Read More
InPhocus, episode 27 - Pack your duffel bag, we're going to America
News / Distribution
InPhocus, episode 27 - Pack your duffel bag, we're going to America
By PhocusWire | November 6, 2020
We speak to Duffel CEO Steve Domin and its new hire Tyler Trerotola, who is tasked with taking the airline distribution startup to the U.S. Read More
Booking Holdings sees uptick in Q3 bookings driven by domestic travel
News / Online
Booking Holdings sees uptick in Q3 bookings driven by domestic travel
By Jill Menze | November 5, 2020
Despite the coronavirus pandemic continuing to “weigh heavily” on Booking Holdings’ financial performance, the online travel giant saw marked improvement in the third quarter of 2020 compared to Q2 of... Read More
tripadvisor-q3-2020
News / Online
Tripadvisor sees signs of recovery, reports positive EBITDA in Q3 2020
By Mitra Sorrells | November 5, 2020
Total revenue for the quarter was $151 million and adjusted EBITDA turned positive in Q3 to $15 million. Read More
hilton-third-quarter-2020
News / Distribution
Hilton encouraged by improvements, upbeat on current trends
By Linda Fox | November 5, 2020
Hilton has seen encouraging trends in the third quarter of 2020, which it expects will continue into the final few months of the year. Read More
VIDEO: New Reality With... Fred Lalonde of Hopper
News / Online
VIDEO: New Reality With... Fred Lalonde of Hopper
By PhocusWire | November 5, 2020
The next guest on the New Reality With... series is Fred Lalonde, CEO and co-founder of Hopper, a travel search and booking app using prediction models and alerts. Read More
expedia-group-q3-2020
News / Online
Expedia Group Q3 “better than expected,” Vrbo up YoY
By Mitra Sorrells | November 4, 2020
Expedia Group CEO Peter Kern says the company intends to be "more bold" on pushing the Vrbo brand while it also pursues a broad cost-cutting strategy. Read More
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