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News
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Technology
As Bitcoin surges, will cryptocurrency become an accepted form of payment in travel?
By Mitra Sorrells
|
February 18, 2021
Industry experts agree digital currencies are an inevitable evolution and provide advantages for travel payments, but there are challenges to adoption.
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News
/
Distribution
Hilton posts big losses for 2020 yet forging ahead with new properties
By Linda Fox
|
February 17, 2021
Despite the pandemic, Hilton has a development pipeline of more than 2,500 properties.
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News
/
Online
Travel + Leisure Co. launches online booking platform
By Jill Menze
|
February 17, 2021
Travel + Leisure Co., formerly known as Wyndham Destinations, has launched a vacation booking platform as part of the company's rebrand.
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News
/
Online
GetYourGuide adds €80M in financing to explore strategic investments
By Linda Fox
|
February 16, 2021
GetYourGuide’s latest funding follows a €114 million convertible note announced in October 2020.
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News
/
Online
Record levels for rental bookings but current revenues way down
By Kevin May
|
February 16, 2021
Bookings are largely following the trend of avoiding properties in large cities, AirDNA says, as travelers opt for coastal and mountain destinations for their trips.
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News
/
Online
U.K. regulator puts pressure on Lastminute.com Group over refunds
By Linda Fox
|
February 15, 2021
The online travel group has apologized to customers still awaiting a refund and has detailed an action plan to the U.K. regulator.
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News
/
Technology
Luxury Escapes acquires Porter & Sail mobile concierge technology
By Linda Fox
|
February 12, 2021
Caitlin Zaino, co-founder and CEO of Porter & Sail, joins Luxury Escapes as part of the acquisition of the mobile concierge technology.
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News
/
Startups
BusUp accelerates away with $6M in funding
By Linda Fox
|
February 11, 2021
BusUp is looking to expand in the U.S. and sees growing demand for commuter mobility services from corporates.
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News
/
Startups
Lufthansa Innovation Hub spins off mobility startup RYDES, Porsche acquires stake
By Linda Fox
|
February 11, 2021
Lufthansa Group and Porsche are now minority stakeholders in the startup, with Porsche’s Forward31 venture arm acquiring a stake.
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Interview
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Startups
STARTUP STAGE: Imagine Experiences wants to bring unique tours to locals and tourists
By Linda Fox
|
February 11, 2021
The company has put together a network of expert tour guides to help design fresh ideas to attract locals as well as travelers, once restrictions lift.
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News
/
Online
Uber reports uptick in revenue as delivery remains bright spot
By Jill Menze
|
February 10, 2021
Uber boosted its revenue by 13% to $3.2 billion in the fourth quarter of 2020.
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News
/
Distribution
Why it’s a “buyer’s market” for corporate hotel rates
By Mitra Sorrells
|
February 10, 2021
According to Tripbam, the COVID-19 pandemic has caused shifts related to rates, star rates, locations and booking trends.
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News
/
Distribution
TUI continues cost-saving program, looks to summer recovery
By Linda Fox
|
February 9, 2021
The tour operation giant confirmed its third financial package of €1.8 billion, which will help the business bridge liquidity to the summer months.
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News
/
Startups
Go2Joy raises $2.3M in Series A+ round
By Linda Fox
|
February 8, 2021
Vietnam-based hotel booking specialist Go2Joy plans to use its Series A+ funding for sales and marketing.
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News
/
Online
On the Beach hopes to boost market share through recent investments
By Linda Fox
|
February 5, 2021
On the Beach says consumer demand is very weak currently with traffic, bookings and online marketing spend for four months ended January 31, 2021, down more than 70%.
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Spain fines Amadeus €14.4M over traveler profiling pilot
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Cendyn launches Wayfinder to help hotels avoid "OTA 2.0"
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