Travel Booking

In first earnings report, Airbnb posts quarterly loss of $3.9B
News / Online
In first earnings report, Airbnb posts quarterly loss of $3.9B
By Jill Menze | February 25, 2021
Despite a massive loss in the fourth quarter of 2020, CEO Brian Chesky says the pandemic has proved Airbnb's business is "inherently adaptable." Read More
Digital nomads are helping fuel recovery in the Middle East
News / Online
Digital nomads are helping fuel recovery in the Middle East
By Jill Menze | February 25, 2021
Thanks to initiatives such as Dubai’s Digital Nomad Visa, the Middle East region is seeing green shoots of recovery from the COVID-19 pandemic. Read More
Accor posts €2B loss, lays out 2021 strategy
News / Distribution
Accor posts €2B loss, lays out 2021 strategy
By Linda Fox | February 24, 2021
Accor plans to focus on its ALL loyalty program, further cost reduction and expansion in 2021. Read More
IHG looks to mid-market brands and digital developments to help recovery
News / Distribution
IHG looks to mid-market brands and digital developments to help recovery
By Linda Fox | February 23, 2021
IHG is continuing with the phased rollout of its Guest Reservation System, developed in partnership with Amadeus. Read More
Kakao Mobility lands $200M investment, looks to growth
News / Distribution
Kakao Mobility lands $200M investment, looks to growth
By Linda Fox | February 23, 2021
Kakao Mobility plans to lean on Carlyle's industry knowledge to speed up its growth strategy. Read More
Marriott on marketing initiatives and the summer rebound
News / Distribution
Marriott on marketing initiatives and the summer rebound
By Christina Jelski - Travel Weekly | February 22, 2021
Julius Robinson, chief sales and marketing officer at Marriott International, highlights the messages that are resonating with customers. Read More
trustly-part-1-recovery
News / Online
Investment in digital channels a priority for airlines, OTAs
By Mitra Sorrells | February 22, 2021
Trustly asked leaders from European OTAs and airlines about the strategies they intend to use to improve their relationship with travelers. Read More
Questo unlocks $1.5M in funding, targets tours in more U.S. cities
News / Startups
Questo unlocks $1.5M in funding, targets tours in more U.S. cities
By Linda Fox | February 18, 2021
Questo is aiming for 200 cities by the end of 2021, growing from over 100 where it currently has games available. Read More
As Bitcoin surges, will cryptocurrency become an accepted form of payment in travel?
News / 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. Read More
Hilton posts big losses for 2020 yet forging ahead with new properties
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. Read More
Travel + Leisure Co. launches online booking platform
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. Read More
GetYourGuide adds €80M in financing to explore strategic investments
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. Read More
Record levels for rental bookings but current revenues way down
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. Read More
U.K. regulator puts pressure on Lastminute.com Group over refunds
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. Read More
Luxury Escapes acquires Porter & Sail mobile concierge technology
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. Read More
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