Finance

News / Online

Booking Holdings' connected trip transactions jump 40% year over year in Q3

By Morgan Hines | October 30, 2024

Booking Holdings brought in total revenue of $8 billion, a 9% increase compared to the same quarter last year, with 39% growth in airline tickets sold. Read More

News / Startups

How Africa's online travel ecosystem is developing despite huge hurdles

By Marisa Garcia | October 30, 2024

Amid the growing and increasingly young population in Africa, the online travel sector is developing, but the challenges range from trust and low digital penetration to the lack of funding. Read More

News / Startups

Cruisebound brings travel industry veterans on board with $13M investment

By Mileva Sapic | October 29, 2024

Cruisebound said it has been hitting growth milestones over the past two years, including securing triple-digit annual revenue growth. It has also unveiled an AI chatbot and flexible payment options. Read More

News / Startups

Radical Storage packs away $7M for luggage storage service

By Linda Fox | October 25, 2024

Radical Storage currently has a network of more than 9,000 businesses distributed across more than 1,000 cities and 70 countries. Read More

Opinion / Online

Why Uber isn't buying Expedia, but I still think Amazon should

By Clayton Reid | October 17, 2024

Word that Uber has considered acquiring Expedia Group - first reported by the Financial Times - has generated quite a bit of reaction from industry leaders, including this opinion from the former CEO of... Read More

News / Startups

Assessing travel tech investment trends in Asia

By Morgan Hines | October 15, 2024

Read what Tim Hughes at Agoda, Jeff Kim at Yanolja and Nicholas Cocks from Velocity Ventures have to say about investments in Asia. Read More

News / Technology

Hotel tech provider RoomRaccoon acquires Lobbi PMS

By Mitra Sorrells | October 14, 2024

RoomRaccoon said the acquisition will add more than 300 properties to its client base in the Benelux region. Read More

News / Online

GlobalTix closes $5M Series B funding led by Tin Men Capital

By Mitra Sorrells | October 14, 2024

The Singapore-based provides of solutions for attractions, tours and activities said the funding will be used to fuel its expansion plans and to implement artificial intelligence solutions. Read More

News / Startups

Where are they now? Catching up with the Hot 25 Travel Startups for 2021

By Mileva Sapic | October 14, 2024

Beachy, Chekin, Kyte, Vouch and Zartico update PhocusWire on what they've been up to since they were named part of PhocusWire's Hot 25 Travel Startups for 2021. Read More

News / Technology

Flexible living drives hospitality and residential technology convergence

By Matthew Parsons | October 8, 2024

The growing number of mixed-use properties creates gaps for a new breed of tech-enabled hospitality companies, in particular non-hotel brands, to enter new markets. Read More

News / Technology

Toyota invests $500M in electric air taxi maker Joby Aviation

By Morgan Hines | October 3, 2024

Toyota's new funding is on top of $394 million in prior investments it made in Joby and is part of its effort to transform air travel. Read More

News / Startups

Truely secures $3.5M to drive eSIM services across travel

By Mileva Sapic | October 2, 2024

Truely intends to release B2B2C services for major travel operators, airlines, airports, online travel agencies and service providers with $3.5 million in fresh funding. Read More

News / Startups

Air Doctor raises $20M for Asia expansion

By Morgan Hines | October 1, 2024

Air Doctor has a network of 20,000 multilingual doctors and healthcare specialists in 84 countries across the world, which travelers can access through its app for virtual and in-person appointments. Read More

News / Technology

Cendyn builds out platform with acquisition of Knowland

By Linda Fox | October 1, 2024

Cendyn said the pairing of Knowland's meeting and event data with its own sales CRM, proposals and Grouprev technologies will enable hotels to drive group bookings from a single solution. Read More