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Earnings roundup: Vacasa, HomeToGo, Amex GBT and Despegar

phocuswire 2023-11-10

a roundup of the third quarter 2023 earnings for travel companies including amex gbt despegar and hometogo

More than one-third of leisure travelers have used GenAI tools, report says

phocuswire 2023-11-10

more than half of leisure travelers who have used generative artificial intelligence planning tools booked most or all of the recommendations provided by the chatbot

Booking.com adds cruise content in partnership with World Travel Holdings

phocuswire 2023-11-10

u s consumers can now access more than 10 000 sailings on more than 30 cruise lines from 55 departure points around the world 160 160

OTA Insight expands capabilities through single platform, rebrands to Lighthouse

phocuswire 2023-11-9

following acquisitions in 2022 and earlier this year 160 the company felt it had outgrown the ota insight name the unified platform offers wider business intelligence capabilities including more...

Raus adds €8.5M in funding for nature-based stays platform

phocuswire 2023-11-9

germany based raus offers cabin accommodation in areas near german cities including berlin and dresden the investment will go towards expansion across europe with a launch in austria planned soon

Vacation rental startup from Airbnb alums raises $18M Series A

phocuswire 2023-11-9

summer combines 160 a rent to own program with short term rentals and property management

How property data will unlock AI and shape short-term rentals

phocuswire 2023-11-9

as ai starts to drive new paradigms of property management it will be those who solve the problem of leveraging property data and guest details who will be in the driver s seat

Where next for Etraveli with Booking.com deal off the table?

phocuswire 2023-11-8

following a veto by european regulators of the booking com etraveli acquisition etraveli ceo mathias hedlund talks about what s next for the company growth opportunities and its focus on flights

IHG, Hilton, Marriott, Wyndham: How hotels prioritize mobile apps

phocuswire 2023-11-7

hotel brands are adding more features to their mobile apps and using them as key tools for loyalty as consumers continue to be glued to their phones

Uber drives to another profitable quarter

phocuswire 2023-11-7

uber reported net income of 221 million for the quarter that ended in september over the same quarter last year the company lost 1 2 billion

Google Maps: A new direct channel for tour operators and activities

phocuswire 2023-11-6

google maps has been evolving to serve travelers and travel brands over the past few years and its newest major update could lead to increased direct bookings for tour operators and activities

Hospitality companies need to improve front-line workplace for women, report says

phocuswire 2023-11-6

a new report from catalyst and accenture highlights what needs to change to improve work for women who are front line workers in the hospitality industry and beyond

Expedia ad concerns in search results raised in antitrust suit

phocuswire 2023-11-3

comments from expedia group chair barry diller have surfaced during the google antitrust trial

Expedia’s Kern: Focus is now on faster growth fueled by years of tech work

phocuswire 2023-11-3

expedia group posted record revenue and profitability in the third quarter of this year and reiterated full year guidance of double digit topline growth with margin expansion 160

Booking Holdings posts record earnings, expects to grow AI, flight offerings

phocuswire 2023-11-3

booking holdings total revenue came in at 7 3 billion showing a 21 increase over the same quarter last year and adjusted ebitda clocked at 3 3 billion a 24 increase from the same quarter prior year

Sabre reports revenue gains in Q3 but losses increase

phocuswire 2023-11-2

sabre president and ceo kurt ekert said the financial results exceeded expectations

Trivago Q3 hit by less favorable market conditions

phocuswire 2023-11-2

the company reported a 26 million decrease to total revenue of 158 million for the quarter versus the same period in 2022

Superhog raises nearly $6.7M in Series A funding

phocuswire 2023-11-2

superhog has received 6 7 million in funding as it seeks to revolutionize security around short term rentals

The positive and negative impacts of travel on destinations

phocuswire 2023-11-1

a report from economist impact and booking com assesses the social environmental and economic impact of visitors on destinations 160

Thailand OTA Kasikorn gets $25M, rebrands to Gother

phocuswire 2023-11-1

as part of its rebranding and expansion traveligo will partner with takemetour 160 an online marketplace for tours and activities in thailand

AirAsia holding company seeks U.S. listing for Capital A International

phocuswire 2023-11-1

the business combination would see capital a international a new investment and strategic development company become a stand alone public company in the united states

Kasa Living raises $70M to expand property portfolio

phocuswire 2023-11-1

the company operates multifamily apartments single family homes and boutique hotels in cities including seattle chicago and denver

Multi-modal AI and the UX revolution in travel

phocuswire 2023-11-1

the shift to multi modal genai opens the door to mind boggling possibilities for travel and other fields is this the end of the phone 160

New venture from Airbnb’s Gebbia raises $41M Series A

phocuswire 2023-10-31

samara builds small pre fabricated houses known as accessory dwelling units that property owners can use to create additional living space or as a rental property 160

MakeMyTrip makes gains across air ticketing, hotels as travel demand remains high

phocuswire 2023-10-31

the gurugram india based business attributed its revenue gains for the quarter to elevated travel demand

Could company-paid leisure travel be a new distribution channel?

phocuswire 2023-10-31

some corporations now incentivize employees by paying for holidays could this trend could be a new b2b2c sales channel for the travel industry

Aviation executives talk balancing data advances with technical debt

phocuswire 2023-10-31

airlines rely on data throughout the organization but challenges around technical silos and legacy systems persist and carriers are cautious of not letting ai hype run away with them

Launch innovators at The Phocuswright Conference 2023

phocuswire 2023-10-30

eleven companies will take the stage for the launch event at the phocuswright conference

Where are they now? Checking in with our Hot 25 Startups for 2022

phocuswire 2023-10-30

thrust carbon wheel the world road travel vacayou onfly and data duopoly check in with phocuswire

SEO Travel sets up accelerator for SME businesses

phocuswire 2023-10-27

the eight week travel growth accelerator program is looking to recruit 10 small to medium sized businesses

Travel customer service resilience in the age of climate disruption

phocuswire 2023-10-27

while the increasing frequency of climate related disruptions is inevitable severely disappointed customers are not travel providers have access to the data that enables a real time proactive...

Startup Stage: FinMont seeks to help airline and OTA revenues take off

phocuswire 2023-10-27

finmont helps travel merchants optimize their payment strategy by reducing the overall payment cost and increasing the acceptance rate globally

YouTrip plots Southeast Asia expansion following $50M investment

phocuswire 2023-10-26

the funds would go towards accelerating geographical expansion as well as product development

Video: Karin Aaron on developing the Green Book Experience for cultural tourism

phocuswire 2023-10-26

aaron is preparing to launch a digital directory and booking platform for historic heritage and cultural sites around the united states

Video: Karin Aaron on developing the Green Book Experience for cultural tourism

phocuswire 2023-10-26

aaron is preparing to launch a digital directory and booking platform for historic heritage and cultural sites around the united states

IATA sees appetite for digital IDs in new passenger survey

phocuswire 2023-10-26

iata s annual survey shows passengers want more speed and convenience at airports prompting the trade association for world airlines to push for a program that uses digital ids and biometric data 160

Rail Europe, KKday join forces to promote sustainable rail travel

phocuswire 2023-10-26

160 taiwan basedkkday said it has seen a 60 increase in sales of european travel products this year over the same period in 2019

Sabre and CellPoint Digital team up for "milestone" partnership

phocuswire 2023-10-25

sabre customers will have access to cellpoint digital s payment services as part of their new partnership

How Amadeus wants airlines to transition to modern distribution

phocuswire 2023-10-25

amadeus says nevio is its formal commitment to helping the airline industry move to modern distribution

Tripadvisor launches new AI travel planning features

phocuswire 2023-10-25

tripadvisor is rolling out ai generated hotel reviews for some oft reviewed locations

Marriott-Rappi partnership goes live, signals new opportunities for customer acquisition

phocuswire 2023-10-24

the partnership is launching in mexico with plans to expand to colombia in november and early next year to the other latin america countries where rappi operates

InterLnkd checks out with £1M investment

phocuswire 2023-10-24

interlnkd provides technology that enables travel suppliers such as airlines and tour operators to earn revenue by selling fashion beauty and other items to travelers

Flash Pack adventure travel raises $6.2M to boost U.S. expansion

phocuswire 2023-10-24

flash pack hopes to triple its employee count in the u s the company s fastest growing market accounting for 60 of its total trip sales 160