Sustainability

News / Technology

Lilium raises $100M toward goal of $250M

By Mitra Sorrells | May 4, 2023

Lilium went public via a SPAC in 2021 and raised $119 million last November, but the company’s stock has struggled in the last year - putting it at risk of delisting from the Nasdaq. Read More

News / Startups

Viatu lands $1M for sustainable multi-day tours platform

By Linda Fox | May 3, 2023

The investment was led by Ndoto with ASI Reisen and a number of angel investors also participating. Read More

News / Online

Big Red Group, Ecotourism Australia partner for sustainable tourism

By Derek Catron | April 28, 2023

Experience operators on Big Red Group’s platform will be able to demonstrate their sustainable credentials by showcasing certifications from Ecotourism Australia, a not-for-profit that promotes... Read More

News / Startups

HumanForest raises £12M to double its fleet, invest in tech

By Kathryn Walson | April 27, 2023

The London-based company plans to invest the equity component into its user app and advertising technology platform. Read More

News / Distribution

CWT's Patrick Andersen on distribution concerns, sustainability

By Linda Fox | April 27, 2023

Patrick Andersen, CEO of CWT, shared his views on the market and content fragmentation with the travel management community during the Institute of Travel Management Conference 2023 this week. Read More

News / Online

As airfares soar, train bookings rise

By Kathryn Walson | April 26, 2023

Omio has compared its search and booking data from Q1 2019 with Q1 2023, finding a 20% increase in total train bookings and a 54% decrease in total flight bookings. Read More

News / Startups

Rydes raises €3.5M to bring corporate mobility platform to U.S.

By Derek Catron | April 26, 2023

With Rydes, companies provide employees a monthly budget they can use to submit costs for ride hailing, car or bike rentals, public transport or fuel charge cards for their own vehicle. ... Read More

News / Startups

Sustainability-focused startups find opportunities, obstacles

By Kathryn Walson | April 24, 2023

Founders of environmental startups know that where there are challenges, there are also opportunities. And the possibility to make a difference rises in correlation with the demand for eco-friendly... Read More

Opinion / Technology

How optimizing operations can help air industry decarbonize

By Yann Cabaret - SITA | April 21, 2023

By looking to existing and emerging technologies to optimize operations to decrease emissions, aviation can make an impact today while longer-term solutions such as sustainable aviation fuels become... Read More

News / Online

Hotel and rail are segments to watch in Spain

By Phocuswright Research | April 21, 2023

This Phocuswright report provides a comprehensive view of the Spain travel market, including detailed market sizing and projections, distribution trends, analysis of major travel segments, key... Read More

News / Technology

Sustainable travel awareness grows but will action follow?

By Linda Fox | April 20, 2023

Thrust Carbon has just extended its partnership with CWT and is now providing the travel management company with a carbon calculator for meetings and events. Read More

News / Online

Consumers see costs as barrier to sustainable travel

By Kathryn Walson | April 17, 2023

While several travel organizations and brands say they are trying to help people choose greener travel, challenges include cost and helping consumers identify more sustainable options. Read More

News / Online

ClimateTrade acquires TeamClimate to offer consumer subscription

By Kathryn Walson | April 14, 2023

ClimateTrade last year opened its U.S. headquarters in Miami and acquired E-Verde, a software-as-a-service provider specialized in carbon footprint calculation. Read More

News / Online

Deloitte: Corporate travel spending on track for ‘24 recovery

By Michael B. Baker – Business Travel News | April 13, 2023

While a full recovery in business travel spending appears possible by the end of 2024, the corporate travel market would be 10-20% below pre-pandemic levels when factoring in inflation, according to the... Read More

News / Online

Aviation industry invests in SAF to reach climate targets

By Kathryn Walson | April 10, 2023

With development of hydrogen- and electric-powered planes for long-haul flights too far off, airlines look to investments in sustainable aviation fuel to help meet carbon emissions goals. Read More

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