Booking Holdings integrates brands, develops payment capabilities in quest for "connected trip"

PhocusWire · 7 Aug

Booking Holdings reports positive financial results as it works toward what CEO Glenn Fogel called the "connected trip."

Suppliers, beware: A threat lurks in tours and activities distribution

PhocusWire · 1 Aug

There is a growing threat to the future of tours and activities: the loss of independence in reservation systems, thanks to acquisitions by TripAdvis

A tale of two startups - a booming tours and activities sector has a dark side
A tale of two startups - a booming tours and activities sector has a dark side

PhocusWire · 23 Jul

For all the money pouring into the likes of GetYourGuide and Klook, spare a thought for other businesses that are finding the sector extremely tough.

FlixMobility raises Series F round to fuel global expansion
FlixMobility raises Series F round to fuel global expansion

PhocusWire · 22 Jul

FlixMobility has raised a Series F funding round to expand its FlixBus and FlixTrain service and to launch FlixCar.

TravelPerk completes Series C round with an additional $60M in funding

PhocusWire · 18 Jul

TravelPerk has raised about $134 million in three rounds since launching in 2015.

Travelport sells Travelwire brand to Dolphin Dynamics

PhocusWire · 17 Jul

U.K-based Dolphin Dynamics is looking to boost its presents in the Nordics through the acquisition of Travelwire from Travelport.

Sonder valued at $1B following $210M Series D round

PhocusWire · 11 Jul

The round puts the hospitality brand at $400 million in total funding and a valuation of more than $1 billion.

Authorities bare teeth on travel data breaches for second time, announce large fine for Marriott
Authorities bare teeth on travel data breaches for second time, announce large fine for Marriott

PhocusWire · 10 Jul

ICO, the information authority, plans to fine Marriott International more than PS99 million for the data breach it reported last year.

British Airways will "vigorously" defend position following huge fine for data breach
British Airways will "vigorously" defend position following huge fine for data breach

PhocusWire · 8 Jul

The hack, believed to have started in June last year, involved information such as log-in information, payment card and travel booking details.

Travel payment startup ConnexPay raises $7M Series A round

PhocusWire · 28 Jun

Travel payment solution provider ConnexPay has raised $7 million in a Series A round led by BIP Capital.

Sabre broadens hospitality offerings with retail push, new lodging APIs

PhocusWire · 27 Jun

At the Sabre Technology Exchange, the company detailed how hotels can benefit from its Intelligent Retailing platform and announced the launch of Con

Travel payments, part 4: Hopes and hurdles for startups
Travel payments, part 4: Hopes and hurdles for startups

PhocusWire · 24 Jun

One of the key drivers of travel’s evolution from a primarily offline, manually processed business to one increasingly coordinated online has been th

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