Travel Booking

News / Online

Steve Hafner on 20 years at Kayak: "The innovation isn't over yet"

By D.J. Catron | May 11, 2024

As the metasearch site passes 20 years since its launch, CEO Steve Hafner shares his views on generative AI, Kayak for Business, the future of metasearch and more. Read More

News / Online

Pango acquires mobility platform and ride-hailing app Gett

By Morgan Hines | May 10, 2024

Founded in 2010 in Israel, Gett is now headquartered in London and provides ground transportation for large corporations. Read More

News / Distribution

Vacasa announces layoffs to 13% of workforce

By D.J. Catron | May 9, 2024

The vacation rental management company laid off 13% of its workforce as it seeks to reorganize operations following a Q1 that saw gross booking value drop 18% year over year. Read More

News / Online

Airbnb's Chesky says homes will be just one of “many categories” in its future “solar system”

By Mitra Sorrells | May 8, 2024

Along with details about longer term growth plans, Airbnb CEO Brian Chesky shared details of the company's Q1 growth, including a 60% increase year over year in app downloads in the United States. Read More

News / Startups

Australian-based Hometime raises $6.6M to bolster STR growth

By Morgan Hines | May 8, 2024

The new funding is meant to bolster Hometime’s goal to professionalize the STR industry, to grow its brand and to enter new markets. Read More

News / Startups

Naya Homes nabs $3M for vacation rental expansion in Mexico

By Linda Fox | May 8, 2024

Naya has raised $9.2 million to date, and these latest funds will go toward expanding the company into 10 new markets in Mexico. Read More

News / Online

Expensify to launch travel platform

By Morgan Hines | May 8, 2024

Expensify Travel will exist as part of a partnership between Expensify and Spotnana and has been built on Spotnana’s travel-as-a-service platform. Read More

News / Distribution

Amadeus reports "solid start" to 2024

By Linda Fox | May 8, 2024

Group revenue for the Madrid-based business rose to €1.5 billion, a 14% increase versus the same quarter in 2023. Read More

Interview / Distribution

CEO Spotlight - Kurt Ekert of Sabre

By Linda Fox | May 7, 2024

Kurt Ekert joined Sabre as president in January 2022 and became CEO in April 2023. Prior to that he had most recently been president and CEO of CWT and chief commercial officer at Travelport. Read More

News / Online

India-based travel distribution platform TBO to open IPO

By Mitra Sorrells | May 6, 2024

The company said it will use the proceeds to invest in its technology and data solutions, to add new buyers and suppliers and to pursue acquisitions. Read More

News / Distribution

U.S. OTAs pass $100B revenue mark for first time

By Phocuswright Research | May 6, 2024

As the digital landscape evolves, U.S. OTAs continue growing, with 2023 witnessing a solid yet decelerated 14% expansion in response to a stabilizing consumer demand post-pandemic. Read More

News / Online

Airbnb’s “Icons” launch prompts mixed reaction from industry voices

By Morgan Hines | May 6, 2024

Some industry leaders are in favor of Airbnb's new limited-access, unconventional experiences that tie into pop culture while others are feeling underwhelmed Read More

News / Online

Travelsoft acquires Eventiz to bring data to the industry

By Linda Fox | May 3, 2024

The acquisition is in line with Travelsoft’s strategy “to bring to the market the benefits of the data processed by the group's platforms." Read More

News / Online

Incoming Expedia Group CEO Ariane Gorin emphasizes AI, personalization

By Morgan Hines | May 2, 2024

Ariane Gorin shared her plans as the incoming CEO of Expedia Group while the company reported earnings, tempering booking expectations for 2024. Read More

News / Online

Booking Holdings beats earnings expectations, talks up AI potential

By D.J. Catron | May 2, 2024

First quarter revenues of $4.4 billion represented a 17% increase over the same period last year, and net income of $776 million was nearly three times higher than Q1 in 2023. Read More

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