Steven Lerner News

Campsited pegs down €600,000 in funding for business growth
By Linda Fox | March 1, 2021
Dublin-based Campsited hopes to close a further €3 million in the next three months after landing... Read More
News | Startups
Amadeus ends 2020 with large losses and 61% drop in revenue
By Linda Fox | February 26, 2021
The distribution giant says that while there was a slight improvement in air traffic in the final... Read More
News | Distribution
Airline technology investments slumped in 2020
By Linda Fox | February 25, 2021
Airline and airport technology chiefs have had to reprioritize investment with self-service passenger... Read More
News | Technology
Accor posts €2B loss, lays out 2021 strategy
By Linda Fox | February 24, 2021
Accor plans to focus on its ALL loyalty program, further cost reduction and expansion in 2021.... Read More
News | Distribution
IHG looks to mid-market brands and digital developments to help recovery
By Linda Fox | February 23, 2021
IHG is continuing with the phased rollout of its Guest Reservation System, developed in partnership... Read More
News | Distribution
Kakao Mobility lands $200M investment, looks to growth
By Linda Fox | February 23, 2021
Kakao Mobility plans to lean on Carlyle's industry knowledge to speed up its growth strategy.... Read More
News | Distribution
Room for improvement - diversity in the hospitality boardroom
By Linda Fox | February 19, 2021
A new report says about a third of publicly listed hospitality companies have just one or no women in... Read More
News | Distribution
Questo unlocks $1.5M in funding, targets tours in more U.S. cities
By Linda Fox | February 18, 2021
Questo is aiming for 200 cities by the end of 2021, growing from over 100 where it currently has games... Read More
News | Startups
Hilton posts big losses for 2020 yet forging ahead with new properties
By Linda Fox | February 17, 2021
Despite the pandemic, Hilton has a development pipeline of more than 2,500 properties.... Read More
News | Distribution
Cendyn and NextGuest merge to extend reach and tap into data
By Linda Fox | February 17, 2021
The merger creates the largest CRM and digital marketing provider in hospitality, according to the... Read More
News | Technology

Steven's most recent articles

trivago ceo interview covid recoveryQ&A: Trivago CEO shares vision for “moment in time” when travel resumes in a post-crisis world
Trivago CEO Axel Hefer discusses his outlook for travel, how Trivago is preparing for the future and... Read More
News | Online
hotelmize series bHotelmize raises Series B funding from Alibaba, establishes APAC headquarters in Hong Kong
 Hotelmize is aiming to gain a foothold in Asia Pacific and to expand operations in the region... Read More
News | Technology
Air Doctor fundingHealth startup Air Doctor gets $7.8M to make medical care accessible for travelers
With health becoming a major concern in the travel industry due to the COVID-19 pandemic, a... Read More
News | Technology
coronavirus destroys startup fundingFunding for travel startups was plentiful - then came coronavirus
Entrepreneur Souzana Theodoridou explains how a funding deal for travel experience platform Grekaddict... Read More
News | Startups
funding HuilianyiBusiness travel platform Huilianyi raises $42M, aims for global expansion
Shanghai-based business travel platform Huilianyi has landed RMB 300 million (about $42 million) in... Read More
News | Technology
Via 200M investmentDespite difficult times, ride-share company Via lands $200M investment
 Real-time ride-sharing company Via is now valued at a $2.25 billion thanks to a new $200 million... Read More
News | Technology
startups hibernation modeShould travel startups go into “hibernation mode” during the coronavirus?
Venture capitalists weigh in on how travel startups could survive the economic fallout from COVID-19.... Read More
News | Startups
haunted financialCould addiction to debt come back to haunt some online travel companies?
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies... Read More
News | Online
Electric air taxi company Lilium raises $240M toward developing regional serviceElectric air taxi company Lilium raises $240M toward developing regional service
The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate... Read More
News | Technology
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March 2, 2021
Expedia Group sells Classic Vacations packaging brand
Classic will operate as a standalone company, with president David Hu and his leadership team... Read More
March 2, 2021
Sustainability must be a priority for business travel in 2021
Momentum built for thinking about a more sustainable level of corporate travel in the years leading up... Read More
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
March 2, 2021
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually... Read More
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