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Amadeus delivers double-digit growth in 2024
By Linda Fox
|
February 28, 2025
Highlights for the company in 2024 include a partnership to provide a central reservations system to Accor and the acquisitions of biometrics tech company Vision-Box and payments specialist Voxel.
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News
/
Online
Trip.com Group reports Q4 bookings growth for international and inbound travel
By Linda Fox
|
February 25, 2025
The China-based online travel agency said outbound bookings have recovered to 120% of pre-COVID levels.
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News
/
Online
Booking Holdings' Fogel bullish on agentic AI amid strong 2024 results
By Morgan Hines
|
February 20, 2025
Booking Holdings reported record revenue of $23.7 billion in 2024 and saw accelerated growth in room nights for alternative accommodations during the fourth quarter.
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News
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Technology
Sabre attributes Q4 gains to bookings growth, reduced tech expense
By Linda Fox
|
February 20, 2025
Sabre said it is positioned for double digit growth in distribution bookings and central reservation system transactions in 2025.
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News
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Online
Experiences becoming “strategic and financial center” of Tripadvisor Group
By Morgan Hines
|
February 20, 2025
All three segments of Tripadvisor Group, including Brand Tripadvisor, Viator and TheFork, contributed positively to group profit for the first time.
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News
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Distribution
Sonder shares further details on Marriott deal
By Chris Davis - BTN
|
February 14, 2025
Marriott International has agreed to pay the company $15 million as part of a recent licensing deal.
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News
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Online
Airbnb to spend up to $250M on new businesses in 2025
By Morgan Hines
|
February 13, 2025
Co-founder and CEO Brian Chesky and his team stopped short of sharing what those new businesses will be specifically.
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News
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Online
Expedia Group CEO outlines three strategies for using AI in the year ahead
By Mitra Sorrells
|
February 6, 2025
The company finished 2024 strong with double-digit percentage growth in room nights, gross bookings and revenue in the final quarter.
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News
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Online
Trivago sees revenue growth in Q4 for first time since 2023
By Morgan Hines
|
February 4, 2025
The hospitality metasearch's Q4 earnings showed a slight increase in total revenue year over year to €94.8 million, but full year revenue and adjusted EBITDA were both down.
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News
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Online
Strong demand boosts MakeMyTrip in final quarter of 2024
By Linda Fox
|
January 23, 2025
MakeMyTrip attributed gains across its air ticketing, hotels and packages and bus ticketing business units to an increase in gross bookings and strong demand at home and outbound.
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News
/
Online
Expedia Group names former interim eBay CEO as new CFO
By Morgan Hines
|
December 20, 2024
Expedia Group has announced that Scott Schenkel will serve as its new chief financial officer after Julie Whalen departs the company in February.
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News
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Online
PhocusWire's weekly travel tech news briefs: Amadeus, Sabre, Hostaway
By PhocusWire
|
December 20, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup.
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News
/
Online
Mondee says no plan to appeal Nasdaq non-compliance
By Linda Fox
|
November 28, 2024
Mondee delayed the filing of its third quarter earnings earlier this month and received a letter of non-compliance from the Nasdaq. CEO Prasad Gundumogula has taken a leave of absence.
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News
/
Technology
Lighthouse secures $370M in Series C growth investment
By Mileva Sapic
|
November 21, 2024
The investment in Lighthouse will drive product innovation, strategic acquisitions and global expansion.
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News
/
Startups
Why is it so hard for female founders to land venture capital?
By Morgan Hines
|
November 14, 2024
The percentage of companies founded by women in the United States made up just 6.4% of venture capital deals in 2024 and 2% of venture capital money.
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