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Opinion
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Online
What hotels can learn from Amazon, Netflix and the OTAs
By Frank Reeves - SHR Group
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February 23, 2024
The hotel industry finds itself at a crossroads: Change its strategy or lose guests. It’s not about mimicking the OTAs, but learning from their approach to build direct, meaningful relationships with...
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News
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Online
Booking Holdings will appeal $530M fine by Spanish competition authority
By Mitra Sorrells
|
February 22, 2024
Booking Holdings reported its fourth quarter and full year 2023 earnings late Thursday, with records across multiple financial metrics including revenue that soared 40% higher than 2019.
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News
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Startups
Chooose gets investment from BP, partners to help airlines decarbonize
By Linda Fox
|
February 22, 2024
Chooose and BP will help airlines with digital solutions to scale sustainable aviation fuel programs.
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News
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Technology
AI check-in: MakeMyTrip sees conversion boost from AI implementations
By Morgan Hines
|
February 22, 2024
MakeMyTrip group chief technology officer Sanjay Mohan discusses what the company is learning - and the business impacts - from its artificial intelligence strategy.
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News
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Online
Sonder sheds 17% of corporate workforce
By Linda Fox
|
February 21, 2024
The company said it hoped to achieve about $11 million in annualized cost savings as a result of the cuts, which it expects will be completed by the end of the first quarter.
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News
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Online
Ixigo prepares for fresh IPO
By Linda Fox
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February 20, 2024
Online travel platform Ixigo has filed a draft prospectus with the Security and Exchange Body of India detailing its plans for a public listing.
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News
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Online
CEO Spotlight - Damian Scokin of Despegar
By Linda Fox
|
February 20, 2024
In a discussion with PhocusWire, Despegar CEO Damian Scokin talks about carrying momentum from 2023 into the year ahead, the role of artificial intelligence and growth opportunities for the Latin...
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Opinion
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Online
Next-gen customer service for hospitality: Balance high-touch, high-tech
By Dr. Ori Faran - Callvu
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February 16, 2024
Great personal service still matters in hospitality, but as consumers – especially younger ones – demand more self-service options, hotels also need outstanding digital options.
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News
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Technology
Q&A: Conor Grennan on how travel companies can use generative AI as a strategic advantage
By Mitra Sorrells
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February 16, 2024
The NYU Stern dean and consultant on generative AI explains why it is a change management issue and so much more than a simple tool - and why training employees how to use it is like "giving them an...
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News
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Distribution
Sabre notes 2023 improvements, cloud migration and tech cost savings on track
By Linda Fox
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February 15, 2024
Adjusted EBITDA for the technology and distribution company was $96 million for the quarter and $337 for the full year, up from $65 million in 2022. The gains were attributed to increases in travel...
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News
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Technology
HomeToGo 2023 results driven by subscriptions and services business
By Linda Fox
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February 15, 2024
HomeToGo said it had achieved its main priority of adjusted EBITDA break-even for the year with the financial metric at €2 million, ahead of full-year guidance.
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News
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Online
With speculation of a sale in the air, Tripadvisor reports record revenue driven – again – by Viator
By Mitra Sorrells
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February 14, 2024
Two days after announcing it has created a special committee and retained a mergers and acquisition advisory firm, Tripadvisor reported an all-time high for revenue in 2023 led by a 49% growth in...
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News
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Online
Airbnb adjusted EBITDA up 28% year over year as inventory grows to nearly 8M
By Morgan Hines
|
February 13, 2024
Airbnb said it has more than 5 million hosts and the highest inventory growth in 2023 came in Asia Pacific and Latin America.
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News
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Distribution
Mobility specialist CMAC Group acquired by ComfortDelGro for £80M
By Linda Fox
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February 13, 2024
United Kingdom-based CMAC manages journeys for almost 3 million travelers through partnerships with airlines, train operators and corporations. It also offers private and ride-share transfer at...
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News
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Startups
Bob W checks in with €40M in funding
By Linda Fox
|
February 13, 2024
The apartment rental company is looking to further develop its technology and bring more talent into the team with the fresh investment.
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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
News
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Travel marketers prepare for the rise of AI agents
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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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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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