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Distribution
Vacasa secures $30M in funding, business transformation ongoing
By Linda Fox
|
August 9, 2024
Vacation rental management company Vacasa announced a business transformation in May and has now secured financing of $30 million.
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News
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Online
Expedia sees rise in Q2 earnings – but warns of “softening travel demand”
By D.J. Catron
|
August 8, 2024
New CEO Ariane Gorin oversaw 6% increases year over year in gross bookings and revenue in Q2, but a slow July has the company expecting those numbers to fall between 3-5% for Q3.
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News
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Technology
IHG bookings from own channels hit 80%
By Linda Fox
|
August 8, 2024
Holiday Inn-parent IHG shares progress on its investments in technology and loyalty, including the implementation of a new revenue management system and property management system.
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News
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Distribution
Hopper doubles down on HTS to power banks and credit cards to “build new space in travel”
By Yeoh Siew Hoon – Web In Travel
|
August 8, 2024
With five partnerships with banks and credit cards in place in the United States, Brazil, Australia, Japan and South Korea, Hopper is doubling down on growing HTS (Hopper Technology Solutions).
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News
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Online
Will Airbnb’s eventual relaunch of Experiences be successful?
By Morgan Hines
|
August 8, 2024
Industry experts’ opinions vary as to whether Airbnb can pull off a successful relaunch of its Experiences vertical.
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News
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Online
Seeking “deeper engagement,” Tripadvisor launches in-app hotel bookings
By D.J. Catron
|
August 6, 2024
A partnership with Hopper’s HTS will power in-app booking for Tripadvisor, which also announced that revenues for the second quarter rose by 1% year over year.
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News
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Distribution
Winding Tree winds up blockchain travel distribution effort
By Linda Fox
|
August 6, 2024
Blockchain-based travel booking tech company Winding Tree has ceased operations with the company saying it failed to find a product market fit.
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News
/
Technology
Winners, wipeouts and travel tech bets
By Linda Fox
|
August 6, 2024
The increased M&A activity in travel is seeing companies such as Juniper Group, Mews and Lighthouse scoop up smaller travel technology providers and startups.
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News
/
Online
How Google’s monopoly ruling impacts travel search and bookings
By D.J. Catron
|
August 5, 2024
Travel companies have been complaining for years about Google’s digital search and advertising dominance. The biggest online travel agencies spent a combined $16.8 billion on sales and marketing last...
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Opinion
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Online
Why the travel industry should buy into the experience economy
By Erika De Santi - WeRoad
|
August 2, 2024
Co-founder and chief of experience at WeRoad, Erika De Santi, shares why the travel industry should buy into the experience economy.
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News
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Online
PhocusWire's weekly travel tech news briefs: Breeze Airways, Holibob, HRS, Mindtrip and more
By PhocusWire
|
August 2, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup.
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News
/
Online
Booking Holdings touts alternative accommodation growth, success on social media
By Mitra Sorrells
|
August 1, 2024
Booking Holdings said its alternative accommodation business is growing faster than its overall business and now has 7.8 million listings globally, up about 11% year over year.
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News
/
Startups
Myne adds €40M for vacation home co-ownership platform expansion
By Linda Fox
|
August 1, 2024
The equity and debt round was led by Limestone Capital with existing investors Motive Ventures and Scope Hanson also involved.
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News
/
Online
How fintech companies are progressing in the travel space
By Linda Fox
|
August 1, 2024
Whether they believe they can remove friction and/or offer something better than existing travel companies, payment specialists and financial institutions are looking to increase their stake in the...
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News
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Distribution
Amadeus reports revenue and profit gains for Q2 2024
By Linda Fox
|
July 31, 2024
Amadeus reported double digit increases in group revenue, air IT and hospitality in the second quarter of 2024.
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Can AI ease the pain of flight delays? The FAA says yes, and soon
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Airbnb partners with boutique hotel operator Lark
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