Asia’s domestic travelers and their last-minute booking habits are opening new ways for travel operators in the region to generate demand. Mobile and social media, already gaining traction before Covid-19, have risen in eminence as […]
Yanolja got its start selling stays at love hotels in Korea. But the travel startup last year raised $180 million in a funding round led by Booking Holdings and wealth fund GIC. The Seoul-based company […]
The coronavirus pandemic continues to place a giant question mark around the travel industry and when demand will once again return to 2019 levels. Shifts in consumer behavior aren’t helping hotel companies like IHG plan […]
Each week we round up travel startups that have recently received or announced funding. Please email Senior Travel Tech Editor Sean O’Neill at [email protected] if you have funding news. This week, travel startups announced more than […]
KKday, a travel experiences booking agency based in Taipei, said Tuesday it had closed $75 million in new funding. Cool Japan Fund and the National Development Fund led the round. Monk’s Hill Ventures, MindWorks Capital, […]
Because of China’s earlier-than-the-rest recovery and inroads in striking deals with high-end hotels, Trip.com Group notched a second quarter that was better in most respects than the performance of Booking Holdings and Expedia Group. For […]
The pandemic has sped up consumer interest in alternative accommodations. The trend has solidified the advantage of online travel agencies offering a selection of both hotels, short-term rentals, and vacation rental side-by-side. That’s the word […]
Lufthansa Group sparked a trend among airline companies five years ago this month when it added a surcharge for bookings made outside of classic travel agency reservation systems from Amadeus, Sabre, and Travelport. The German […]
The world’s leisure travelers are planning trips again, but their responses to a survey released Wednesday show an eagerness to book their trips again as soon circumstances allow. Consumers broadly expressed confidence that they had […]
While Airbnb’s proposed initial public offering has garnered so much press and the power of Google always looms large, Booking Holdings stands out as perhaps the leading pure-play public company in travel. In fact, Booking […]
Like Royal Caribbean last week, Norwegian Cruise Line Holdings reported a banner second quarter, with CEO Frank Del Rio saying “the stars aligned” to deliver record revenue and earnings for Q2. Extremely favorable business conditions, […]
After years of up-and-down bookings to Egypt since the destination fell out of favor with travelers in the aftermath of the January 2011 uprisings, operators are reporting a sudden uptick in bookings this year, robust […]
Coronavirus has crushed the hotel and meeting industries, but it hasn’t stopped some travel tech companies from growing. Groups360, a booking engine for meeting space that a year ago received a $50 million investment from […]
After focusing on its consumer-facing brand, Great Value Vacations, in recent years, DH Enterprise & Associates has quietly reacquired Sceptre Vacations and is embracing travel agents with a new technology platform for booking packages to […]
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