Payments month, part 2: Balancing friction and risk in fighting fraud
Payments month, part 2: Balancing friction and risk in fighting fraud

PhocusWire · 10 Jun

For part two in our series on travel payments, we explore issues related to fraud and how machine learning can help to solve them.

VIDEO: How investors decipher the fast-paced online travel landscape in Asia

PhocusWire · 5 Jun

The "Through the Lens of Investors" session at the Phocuswright Europe 2019 Conference threw a spotlight on many of the recent big deals as well as s

IoT, asset management and transforming the short-term rental experience

PhocusWire · 5 Jun

One of the greatest challenges for the international vacation and short-term rental industry today is providing a product with the level of consisten

Travelport completes $4.4BN sale to private equity

PhocusWire · 30 May

Travelport has officially ended its almost five-year stint on the public markets and is now back in the hands of private equity ownership.

Agent organization accuses IATA of abusing dominant distribution role

PhocusWire · 28 May

European agents and operators' body ECTAA has filed an antitrust complaint with the European competition authority.

Ctrip sales jump 21% in Q1 to more than $1B
Ctrip sales jump 21% in Q1 to more than $1B

PhocusWire · 23 May

The online travel agency giant's results are fueled by strong performance in both accommodation and transportation ticketing and growing internationa

VIDEO: How the travel industry is preparing for Brexit

PhocusWire · 21 May

Travel and tourism executives discuss Brexit plans during Phocuswright Europe 2019 in Amsterdam.

MakeMyTrip revenue and bookings up more than 25%, operating losses down more
MakeMyTrip revenue and bookings up more than 25%, operating losses down more

PhocusWire · 21 May

Operating losses have decreased and revenue and bookings are up for India's largest online travel agency, MakeMyTrip.

VIDEO: Airbnb plays down competition, says it welcomes new entries into home-sharing

PhocusWire · 16 May

Speaking at Phocuswright Europe, Airbnb managing director of EMEA Jeroen Merchiers claimed: "We're not obsessed with any individual company."

On the Beach reports revenue growth despite hit from Primera failure
On the Beach reports revenue growth despite hit from Primera failure

PhocusWire · 15 May

On the Beach Group has reported a 56% drop to PS400,000 in revenue for its international division for the half year ended March 31, 2019.

Tourlane quickly adds $47M, plans international expansion and product development

PhocusWire · 7 May

Tourlane, a business which offers customers the expertise of travel agents combined with online booking, has raised $47 million in Series C funding.

Investment bubbles or the reality of the private accommodation sector?
Investment bubbles or the reality of the private accommodation sector?

PhocusWire · 2 May

Selina’s announcement last week of $100 million in Series C funding has sparked discussions of an alternative accommodation investment bubble.

Datalex suspends shares as it continues review process over accounts

PhocusWire · 1 May

The Ireland-based airline retail tech companystopped trading today on the Irish Stock Exchange, Euronext Dublin.

Ctrip controls half of MakeMyTrip shares after swap deal with Napsters
Ctrip controls half of MakeMyTrip shares after swap deal with Napsters

PhocusWire · 29 Apr

Ctrip gives up 6% of its shares in order to gain a 49% stake in MakeMyTrip, the Indian online travel agency where it's had an interest for over three

Travel investors talk areas of focus, the right fit and U.S. funding

PhocusWire · 23 Apr

For travel startups with a product in the market and with early funding, perhaps from friends and family, navigating the investment landscape is chal

Sounding Off: There's nothing wrong with being smart about investment cash

PhocusWire · 29 Mar

As unprofitable Lyft secures its multi-billion valuation IPO, startups in ground transportation and elsewhere should reflect on what their own strate

Lola nearly doubles funding with $37M capital injection

PhocusWire · 26 Mar

The corporate travel management platform will use the Series C funding to double its headcount and further develop its technology.

Why does the financial community not value digital innovation at airlines?

PhocusWire · 20 Mar

Lufthansa Innovation Hub used artificial intelligence to analyze the major themes and topics discussed by Wall Street’s banking analysts and the top

Accommodation providers want brand "hijacking" on Google to be made illegal

PhocusWire · 19 Mar

TheBed and Breakfast Associationis supporting a petition to make bidding by OTAs on a B&B or hotel's name on search engines illegal.

The effect of IPOs on transportation network companies like Uber and Lyft

PhocusWire · 19 Mar

There's good disruption and bad, and plenty of corporate travel buyers will argue whether the disruption in ground transportation by transportation n

Certify, Chrome River merge in $1B transaction

PhocusWire · 6 Mar

Business travel management platforms Certify and Chrome River are merging in a transaction valued at more than $1 billion.

BookingPal lands $12M round to boost vacation rental distribution platform

PhocusWire · 4 Mar

Vacation rental technology specialist BookingPal has raised $12 million in funding. The round was led by Valor Capital Group with Altabix and a “new

Alternative accommodations now 20% of Booking Holdings' total revenue, company reports in new disclosure

PhocusWire · 27 Feb

For the first time, Booking Holdings is releasing details on Booking.com’s alternative accommodations business as part of its financial report.

Peakwork invests in Chinese partner Zhouyou Technology

PhocusWire · 25 Feb

Zhouyou Technology has received an investment from its European partner Peakwork, in a bid to expand dynamic packaging services in China.

Travelport posts final full-year results ahead of sale to private equity

PhocusWire · 22 Feb

Travelport passed the $2.5 billion annual revenue mark for the first time in its history during 2018. But it will soon head back to the land of priva

Sabre bullish for the year ahead, rounds out 2018 with revenue close to $4BN

PhocusWire · 12 Feb

Sabre has reported revenue up 4.8% to $923.9 million and net income up almost 3% to $84.4 million in Q4 earnings. The company’s chief executive Sean