Steven Lerner News

2019 earnings amadeus
News / Distribution
Amadeus grows revenue by 12.8% in 2019, gauges coronavirus impact in 2020
By Steven Lerner | February 28, 2020
Amadeus expects the COVID-19 coronavirus to have a negative impact on air traffic and the GDS... Read More
Viselio funding
News / Technology
Swiss startup Viselio lands €2.8M in funding for expansion, software development
By Steven Lerner | February 28, 2020
Automated visa service provider Viselio has raised 3 million Swiss francs (about €2.8 million) to... Read More
Jubel act II
Interview / Startups
STARTUP STAGE - ACT II: Jubel reveals its recent challenges and success with hiring
By Steven Lerner | February 28, 2020
Trip-planning platform Jubel discusses its progress and challenges over the past year.... Read More
Flight Centre draws from SARS experience to plan for coronavirus impact
News / Online
Flight Centre draws from SARS experience to plan for coronavirus impact
By Steven Lerner | February 27, 2020
Flight Centre anticipates a decline in its full-year profits before tax projection due to the outbreak... Read More
eDreams Odigeo anticipates financial disruption from coronavirus slowdown
News / Online
eDreams Odigeo anticipates financial disruption from coronavirus slowdown
By Steven Lerner | February 27, 2020
Despite posting positive metrics for the first nine months of fiscal year 2020, eDreams Odigeo is... Read More
Booking Holdings reports positive 2019, braces for coronavirus impact
News / Online
Booking Holdings reports positive 2019, braces for coronavirus impact
By Steven Lerner | February 26, 2020
Booking Holdings is expecting a “significant and negative impact” for the first quarter of 2020 due to... Read More
Sabre to invest $150M in technology as operating income drops 35% for full-year 2019
News / Distribution
Sabre to invest $150M in technology as operating income drops 35% for full-year 2019
By Steven Lerner | February 26, 2020
 To reverse its disappointing financial results, Sabre outlined a strategic priorities plan,... Read More
grab app image
News / Technology
Grab raises $856M to grow financial services, digital payments in Southeast Asia
By Steven Lerner | February 25, 2020
Super app Grab has secured a pair of investments totaling $856 million, fueling the so-called... Read More
Wildebeest cover
Interview / Startups
STARTUP STAGE: Wildebeest helps global travel and tourism brands grow organically
By Steven Lerner | February 25, 2020
Wildebeest is an agency that helps travel technology startups, tour operators and tourism boards... Read More
RailYatri’s smart bus network IntrCity raises funds to expand its fleet in India
News / Technology
RailYatri’s smart bus network IntrCity raises funds to expand its fleet in India
By Steven Lerner | February 25, 2020
India-based travel app RailYatri has landed Rs 100 core (about $13.8 million) as it seeks to grow its... Read More

Steven's most recent articles

trivago ceo interview covid recovery
News / Online
Q&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
hotelmize series b
News / Technology
Hotelmize 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
Air Doctor funding
News / Technology
Health 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
coronavirus destroys startup funding
News / Startups
Funding for travel startups was plentiful - then came coronavirus
Entrepreneur Souzana Theodoridou explains how a funding deal for travel experience platform Grekaddict... Read More
funding Huilianyi
News / Technology
Business 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
Via 200M investment
News / Technology
Despite 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
startups hibernation mode
News / Startups
Should 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
haunted financial
News / Online
Could 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
Electric air taxi company Lilium raises $240M toward developing regional service
News / Technology
Electric 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
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