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News
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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.
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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.
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News
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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
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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."
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News
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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.
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News
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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.
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News
/
Technology
Joyned releases AI planner to drive social revenue for online travel vendors
By D.J. Catron
|
May 2, 2024
The tool enables users to discuss, decide and book together, straight from the vendor’s website.
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News
/
Distribution
Sabre says growth strategy beginning to pay off
By Linda Fox
|
May 2, 2024
Sabre president and CEO Kurt Ekert said margin expansion for the distribution company was driven by revenue growth, efficiency improvements and progress on its technology transformation.
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News
/
Technology
Travelier acquires DeÔnibus to boost footprint in Latin America
By Linda Fox
|
May 2, 2024
DeÔnibus, founded in 2012 as “Brazil by bus,” had raised $700,000 from venture capital firm ACE Ventures and angel investors.
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News
/
Online
Airbnb puts new spin on experiences with “Icons” launch
By Mitra Sorrells
|
May 1, 2024
Aligned with its strategy to move beyond its core short-term rental business, Airbnb is launching new experiences created in partnership with "the world's greatest icons."
Read More
News
/
Technology
AI-powered trip planner Mindtrip officially launches
By Morgan Hines
|
May 1, 2024
Mindtrip, which had been available in beta, made its official consumer debut Wednesday.
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News
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Online
Trivago claims early success of brand marketing switch
By Linda Fox
|
May 1, 2024
Trivago reported a net loss for the quarter of €8.4 million compared with net profit of €9.9 million for Q1 2023.
Read More
News
/
Technology
Spotnana to provide booking platform for JTB Business Travel
By Linda Fox
|
May 1, 2024
JTB Business Travel is looking to modernize business travel booking and management by using Spotnana’s cloud-based travel platform.
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News
/
Technology
How visual content is reshaping flight shopping for travelers, airlines and resellers
By Mitra Sorrells
|
May 1, 2024
One of the pillars of customer-centricity in the airline industry is rich content – giving flight shoppers a clear and visually compelling booking experience similar to what they see...
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Interview
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Startups
STARTUP STAGE: Itair aims to help creators make their content bookable with AI
By Morgan Hines
|
April 30, 2024
Itair, Inc. CEO Priya Agarwal believes "Tiktok/Reels are now the new travel search engine," and she and her partner, CTO Swapnil Thombre, are hoping to help creators monetize their work.
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Booking Holdings launches Vayo AI travel agent, plans $100M investment
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4 scenarios for flight booking in the age of agentic AI
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Booking anxiety is changing consumer behavior—and creating an opportunity for travel platforms
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Exclusive: 1.1 million hotel-branded ads linked to ‘predatory OTAs’ in a single month
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How airlines are solving disruption in the AI era
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PhocusWire travel tech news briefs: Agoda, FCM Travel, HomeToGo and more...
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Tracking travel startup funding rounds and acquisitions in Q3
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SITA to acquire Collins Aerospace's airport IT business
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Mindtrip brings AI discovery to Norwegian destination organizations
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How adventure travel can help brands meet changing traveler expectations
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