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News
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Online
HomeToGo booking revenue hits "all-time high" in Q1
By Linda Fox
|
May 14, 2024
The company said growth in Q1 was partly related to the consolidation of HomeToGo’s recent acquisitions of short-break specialists KMW Reisen and Super Urlaub.
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News
/
Distribution
Uber adds shared rides and train booking in Spain
By Linda Fox
|
May 13, 2024
Uber said the UberX Share service is the evolution of a carpooling initiative it has had in the United States and some cities across Europe, including Paris and Stockholm, for a number of years.
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News
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Online
Booking made gatekeeper by European regulator
By Linda Fox
|
May 13, 2024
Booking now meets the “relevant thresholds” as a digital gatekeeper after it submitted a self-assessment on March 1, according to a release from the commission.
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News
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Online
Airlines edge out hotels as largest segment in U.S.
By Phocuswright Research
|
May 13, 2024
Direct distribution channels dominate airline sales, as suppliers embrace technological developments aimed to streamline the booking process and travel experience.
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News
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Online
Steve Hafner on 20 years at Kayak: "The innovation isn't over yet"
By D.J. Catron
|
May 11, 2024
As the metasearch site passes 20 years since its launch, CEO Steve Hafner shares his views on generative AI, Kayak for Business, the future of metasearch and more.
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News
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Online
Pango acquires mobility platform and ride-hailing app Gett
By Morgan Hines
|
May 10, 2024
Founded in 2010 in Israel, Gett is now headquartered in London and provides ground transportation for large corporations.
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News
/
Distribution
Vacasa announces layoffs to 13% of workforce
By D.J. Catron
|
May 9, 2024
The vacation rental management company laid off 13% of its workforce as it seeks to reorganize operations following a Q1 that saw gross booking value drop 18% year over year.
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News
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Online
Airbnb's Chesky says homes will be just one of “many categories” in its future “solar system”
By Mitra Sorrells
|
May 8, 2024
Along with details about longer term growth plans, Airbnb CEO Brian Chesky shared details of the company's Q1 growth, including a 60% increase year over year in app downloads in the United States.
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News
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Startups
Australian-based Hometime raises $6.6M to bolster STR growth
By Morgan Hines
|
May 8, 2024
The new funding is meant to bolster Hometime’s goal to professionalize the STR industry, to grow its brand and to enter new markets.
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News
/
Startups
Naya Homes nabs $3M for vacation rental expansion in Mexico
By Linda Fox
|
May 8, 2024
Naya has raised $9.2 million to date, and these latest funds will go toward expanding the company into 10 new markets in Mexico.
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News
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Online
Expensify to launch travel platform
By Morgan Hines
|
May 8, 2024
Expensify Travel will exist as part of a partnership between Expensify and Spotnana and has been built on Spotnana’s travel-as-a-service platform.
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News
/
Distribution
Amadeus reports "solid start" to 2024
By Linda Fox
|
May 8, 2024
Group revenue for the Madrid-based business rose to €1.5 billion, a 14% increase versus the same quarter in 2023.
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Interview
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Distribution
CEO Spotlight - Kurt Ekert of Sabre
By Linda Fox
|
May 7, 2024
Kurt Ekert joined Sabre as president in January 2022 and became CEO in April 2023. Prior to that he had most recently been president and CEO of CWT and chief commercial officer at Travelport.
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News
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Online
India-based travel distribution platform TBO to open IPO
By Mitra Sorrells
|
May 6, 2024
The company said it will use the proceeds to invest in its technology and data solutions, to add new buyers and suppliers and to pursue acquisitions.
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News
/
Distribution
U.S. OTAs pass $100B revenue mark for first time
By Phocuswright Research
|
May 6, 2024
As the digital landscape evolves, U.S. OTAs continue growing, with 2023 witnessing a solid yet decelerated 14% expansion in response to a stabilizing consumer demand post-pandemic.
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Spain fines Amadeus €14.4M over traveler profiling pilot
News
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Finance
OTA marketing spend creeps up despite talk of AI-driven efficiency
News
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Technology
Amadeus, Accenture partner on new agentic advertising platform
Opinion
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The Plaid moment hospitality can't afford to miss
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Travel marketers prepare for the rise of AI agents
Latest Stories
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Technology
Architecture, pace, culture: Navigating travel's AI transition
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Juniper Group acquires Deem from Travelport
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AI-powered Mindtrip expands to Europe
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Finance
Perk secures $300M in finance for product and technology investment
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Priceline updates Penny AI assistant with Claude
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