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Online
OYO acquires vacation rental business Direct Booker
By Linda Fox
|
May 10, 2022
Croatia-based vacation rental management company Direct Booker is said to have more than 3,000 homes on its platform.
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From Our Partners
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Online
Group travel is different - here's why
By Amadeus Hospitality
|
May 10, 2022
In order to help hoteliers plan for this new era, Amadeus combined insight from industry experts with business intelligence data to identify the key forces shaping group business.
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News
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Distribution
Sabre acquires Nuvola to enrich hospitality retailing solutions
By Jill Menze
|
May 9, 2022
With Nuvola, Sabre aims to tackle the on-property fulfillment challenges that arise for hoteliers offering a wide range of ancillaries and attributes.
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News
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Technology
Iomob partners with Next Earth metaverse for journey planning
By Linda Fox
|
May 9, 2022
The aim of the partnership is to collaborate on the development of a service to plan real-life journeys via the metaverse.
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News
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Startups
Hotailors rebrands to WorkTrips, bags €23M investment
By Linda Fox
|
May 9, 2022
The funding will go toward rebranding Hotailors as well as boosting its presence in existing markets and extending the platform to new markets.
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News
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Online
Inside Expedia Group's new unified loyalty program
By Jill Menze
|
May 9, 2022
Called One Key, the program will allow loyalty members to earn and burn points across all of Expedia Group’s brands.
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News
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Distribution
Despegar to acquire Brazilian OTA Viajanet
By Mitra Sorrells
|
May 6, 2022
This marks the third acquisition of a Brazil-based company for Despegar, which operates as Decolar in the Brazil market.
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News
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Online
Conversion rates up, abandoned carts down as travel recovers
By Linda Fox
|
May 6, 2022
Terms such as "revenge travel" and "pent-up demand" are being thrown about as the travel industry recovers. Research from Quantum Metric builds out a picture of what's going on.
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News
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Online
Booking Holdings reports quarterly record for gross bookings of $27B
By Mitra Sorrells
|
May 4, 2022
Booking Holdings' adjusted EBITDA in the Q1 2022 was $310 million, compared with an adjusted EBITDA loss of $195 million in Q1 2021.
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News
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Online
Tripadvisor names media exec Matt Goldberg as CEO beginning July 1
By Mitra Sorrells
|
May 4, 2022
Goldberg has most recently been an executive at media buying platform The Trade Desk and was formerly CEO of Lonely Planet.
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News
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Online
Expedia Group revamps marketplace, tech platform as part of new strategy
By Jill Menze
|
May 4, 2022
At Expedia Group’s annual Explore partner event, the online travel giant outlined a new strategy that includes rewarding hotels for providing a better guest experience.
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News
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Online
Lyft Q1 profit of $55M exceeds outlook by $40M
By Mitra Sorrells
|
May 3, 2022
Lyft achieved adjusted EBITDA of $55 million and revenue of $876 million in the first quarter of this year.
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News
/
Distribution
Sabre reports revenue gains across all business units
By Linda Fox
|
May 3, 2022
Sabre's revenue across distribution, hospitality solutions and travel solutions were boosted by industry recovery.
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Interview
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Distribution
In The Big Chair - Jim Davidson of Accelya
By Jill Menze
|
May 3, 2022
Jim Davidson was named CEO of Accelya in March 2022, following the sale of his company Farelogix to the airline technology provider in 2020.
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News
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Online
Expedia Group revenue jumps 81% as travel recovery continues
By Jill Menze
|
May 2, 2022
For the first quarter of 2022, Expedia Group revenue was $2.2 billion, an 81% increase from $1.2 billion in Q1 2021.
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Juniper Group acquires Deem from Travelport
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Expedia Group chairman Barry Diller says AI won't replace humans
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Startup Stage: Bliink targets Southeast Asia's SME business travel market
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