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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
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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
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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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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
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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
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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
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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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News
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Online
Yatra sees improving India domestic market, international remains slow
By Linda Fox
|
February 5, 2021
Yatra says new corporate travel signings are boosting its growth and that it also has a growing pipeline of potential customers.
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News
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Distribution
Fully refundable vacation rentals get 4.2X more bookings, higher revenue
By Mitra Sorrells
|
February 5, 2021
Data from Your.rentals shows January bookings were 92% of pre-COVID levels for properties with fully refundable cancellation policies, but only 23% of the norm for those with partial or non-refundable...
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News
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Online
Global air passenger traffic shows historic decline in 2020, future bookings down 70%
By Mitra Sorrells
|
February 4, 2021
IATA’s baseline forecast for 2021 predicts an improvement of 50.4% over 2020 demand.
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News
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Distribution
Ixigo buys train booking app Confirmtkt to serve India’s $8B rail market
By Mitra Sorrells
|
February 4, 2021
The deal aligns with the Indian online travel agency’s decision in 2019 to focus on flights, trains and buses.
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News
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Technology
The challenges of digital health passports in getting corporate travelers back on the road
By Linda Fox
|
February 3, 2021
In a Q&A with PhocusWire, Brandon Balcom, director of innovation, business development, for CWT, discusses barriers to digital health passports.
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News
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Distribution
Hotel direct channels gained share of bookings in 2020
By Mitra Sorrells
|
February 2, 2021
A new report from SiteMinder details the top booking revenue sources in markets around the world.
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News
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Online
Chinese travelers more positive about travel in 2021 than regional neighbors
By Linda Fox
|
February 1, 2021
Domestic searches led in December 2020 in many APAC countries with the exception of Singapore, according to Expedia's research.
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Return on tokens: Who pays for the free travel agent?
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Booking anxiety is changing consumer behavior—and creating an opportunity for travel platforms
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Tour operators question OTA rankings as AI changes travel discovery
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Snow is optional: What moves winter sports travelers when the forecast fails
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YGO secures €8M to expand AI infrastructure layer for travel
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