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alt="Klook lands $210 million investment for three-pronged growth strategy" title="Klook lands $210 million investment for three-pronged growth strategy"
News / Startups
Klook lands $210 million investment for three-pronged growth strategy
By Linda Fox | December 7, 2023
Klook said that it has achieved overall profitability for the first time this year and annualized gross booking value of $3 billion as travel recovery began in 2023 for many Asian markets.... Read More
alt="A different type of travel sustainability research" title="A different type of travel sustainability research"
News / Online
A different type of travel sustainability research
By Phocuswright Research | December 6, 2023
While travelers often have good intentions, a new research report from Phocuswright shows sustainability considerations rarely impact their trip decisions.  ... Read More
alt="Maison Sport lands £3.1M in funding, looks to agents for growth" title="Maison Sport lands £3.1M in funding, looks to agents for growth"
News / Startups
Maison Sport lands £3.1M in funding, looks to agents for growth
By Linda Fox | December 6, 2023
U.K.-based Maison Sport is looking to collaborate more with travel agents, enabling them to sell its products via affiliate links or API integration.... Read More
alt="TUI plans global booking platform rollout in 2024" title="TUI plans global booking platform rollout in 2024"
News / Technology
TUI plans global booking platform rollout in 2024
By Linda Fox | December 6, 2023
TUI Group is developing a single global sourcing and booking platform that has been launched in Belgium and will be extended to more markets in 2024.... Read More
alt="AmTrav's Klee on saving third-party air distribution in business travel" title="AmTrav's Klee on saving third-party air distribution in business travel"
News / Distribution
AmTrav's Klee on saving third-party air distribution in business travel
By Morgan Hines | December 6, 2023
AmTrav's Jeff Klee believes what’s good for airlines is what’s good for TMCs is what’s good for companies and travelers. ... Read More
alt="Airbnb announces changes to executive team" title="Airbnb announces changes to executive team"
News / Online
Airbnb announces changes to executive team
By Derek Catron | December 5, 2023
CFO Dave Stephenson becomes Airbnb’s first chief business officer, a role in which he will be asked to drive growth across the company’s existing and new businesses.  ... Read More
alt="Ground transportation startup Transferz extends Series A with funding from Holiday Extras" title="Ground transportation startup Transferz extends Series A with funding from Holiday Extras"
News / Startups
Ground transportation startup Transferz extends Series A with funding from Holiday Extras
By Mitra Sorrells | December 5, 2023
Founded in 2020, Transferz provides the technology to connect travel brands to local transportation companies offering services to and from more than 750 airports, seaports, train stations and more.    ... Read More
alt="Center lands $30M, plans open platform to improve expense management" title="Center lands $30M, plans open platform to improve expense management"
News / Startups
Center lands $30M, plans open platform to improve expense management
By Linda Fox | December 5, 2023
The company plans to put the investment towards speeding up innovation through the development of new features to address friction for users and broadening its distribution.... Read More
alt="Travelport boosts balance sheet with $570 million investment" title="Travelport boosts balance sheet with $570 million investment"
News / Distribution
Travelport boosts balance sheet with $570 million investment
By Linda Fox | December 4, 2023
The capital will enable the company to invest in its technology platforms and “pave the way for other innovations” in the travel industry, according to a statement.... Read More
alt="Why travel’s experiences sector isn’t likely to operate like others" title="Why travel’s experiences sector isn’t likely to operate like others"
News / Online
Why travel’s experiences sector isn’t likely to operate like others
By Morgan Hines | December 4, 2023
As the experiences category continues to grow in the travel world, experts look at its future during a Center Stage discussion at The Phocuswright Conference 2023.... Read More
alt="Trip.com to use Amazon Web Services as strategic cloud partner" title="Trip.com to use Amazon Web Services as strategic cloud partner"
News / Online
Trip.com to use Amazon Web Services as strategic cloud partner
By Morgan Hines | December 1, 2023
Trip.com Group believes Amazon Web Services could help it to enhance the global travel experience.... Read More
alt="RoomRaccoon strengthens position with acquisition of iHotelligence" title="RoomRaccoon strengthens position with acquisition of iHotelligence"
News / Technology
RoomRaccoon strengthens position with acquisition of iHotelligence
By Linda Fox | December 1, 2023
RoomRaccoon described the acquisition of the Ireland-based company as the “natural next step” on its journey to becoming a leader in hotel management software.... Read More
alt="How new technology and innovation are accelerating adoption in hotels" title="How new technology and innovation are accelerating adoption in hotels"
News / Technology
How new technology and innovation are accelerating adoption in hotels
By PhocusWire | December 1, 2023
Klaus Kohlmayr of IDeaS and Sean Fitzpatrick of Lighthouse talk revenue management, AI and data for hospitality in the PhocusWire studio at The Phocuswright Conference.... Read More
alt="Layla launches, receives €3M in seed funding" title="Layla launches, receives €3M in seed funding"
News / Startups
Layla launches, receives €3M in seed funding
By Morgan Hines | November 30, 2023
The new app is an artificial intelligence-driven travel advisor that is meant to help users plan trips and book seamlessly.... Read More
alt="The effective use of data in travel marketing" title="The effective use of data in travel marketing"
News / Technology
The effective use of data in travel marketing
By PhocusWire | November 30, 2023
Demi Horvat of AirDNA and Kurt Weinsheimer of Sojern speak at The Phocuswright Conference about how travel data informs better decision-making.  ... Read More
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