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alt="B2B hotel platform HBX Group to raise €725M through IPO" title="B2B hotel platform HBX Group to raise €725M through IPO"
News / Distribution
B2B hotel platform HBX Group to raise €725M through IPO
By Linda Fox | January 17, 2025
HBX Group was founded in Spain in 2001 as B2B bedbank Hotelbeds. Read More
alt="Purple Elephant Ventures raises $4.5M to build travel technology in Africa" title="Purple Elephant Ventures raises $4.5M to build travel technology in Africa"
News / Startups
Purple Elephant Ventures raises $4.5M to build travel technology in Africa
By Morgan Hines | January 15, 2025
Purple Elephant Ventures aims to make Africa a leading player in regenerative tourism, focused on creating a travel sector that is sustainable and inclusive through “cutting-edge” technology. Read More
alt="U.S. DOJ moves to block Amex GBT’s acquisition of CWT" title="U.S. DOJ moves to block Amex GBT’s acquisition of CWT"
News / Online
U.S. DOJ moves to block Amex GBT’s acquisition of CWT
By Morgan Hines | January 10, 2025
The proposed deal would mark Amex GBT’s fifth acquisition of another travel management company since 2018. Read More
alt="A new era for travel startup investing" title="A new era for travel startup investing"
News / Startups
A new era for travel startup investing
By Phocuswright Research | January 7, 2025
According to a Phocuswright report, generative AI is expected to transform the travel industry and how companies operate, potentially reducing the need for funding in the long run. Read More
alt="Wall Street talk: AI's opportunities for online travel agencies" title="Wall Street talk: AI's opportunities for online travel agencies"
News / Online
Wall Street talk: AI's opportunities for online travel agencies
By Morgan Hines | January 6, 2025
A trio of Wall Street veterans touched on AI and stocks, regulatory changes and consumer behavior and more in a wide-ranging conversation at The Phocuswright Conference. Read More
alt="Phocuswright analysts share their travel predictions for 2025" title="Phocuswright analysts share their travel predictions for 2025"
News / Online
Phocuswright analysts share their travel predictions for 2025
By Morgan Hines | January 2, 2025
AI agents, luxury travel, developments in APAC, short-term rentals, digital ID and eVTOLS are some of the topics Phocuswright analysts are watching for 2025. Read More
alt="Travel industry leaders' predictions for 2025" title="Travel industry leaders' predictions for 2025"
News / Technology
Travel industry leaders' predictions for 2025
By Morgan Hines | January 2, 2025
Executives from Travelport, Klook, Cloudbeds, Spotnana, Mews and more share their predictions for the year ahead, including their takes on artificial intelligence, search, funding and more.   Read More
alt="STR management company Casago acquires much larger — but struggling — Vacasa" title="STR management company Casago acquires much larger — but struggling — Vacasa"
News / Online
STR management company Casago acquires much larger — but struggling — Vacasa
By Mitra Sorrells | December 30, 2024
Since going public in December 2021, Vacasa has struggled with a drop in inventory and revenue, executive departures and multiple rounds of layoffs. Read More
alt="Poland-based WP Holding to purchase Invia Group for nearly €240M" title="Poland-based WP Holding to purchase Invia Group for nearly €240M"
News / Online
Poland-based WP Holding to purchase Invia Group for nearly €240M
By Morgan Hines | December 23, 2024
The technology holding company has signed a framework agreement to buy all the shares of the travel company. Invia Group operates in Austria, Germany, the Czech Republic, Switzerland, Slovakia, Hungary... Read More
alt="Despegar acquired by Naspers-owned Prosus for $1.7B" title="Despegar acquired by Naspers-owned Prosus for $1.7B"
News / Online
Despegar acquired by Naspers-owned Prosus for $1.7B
By Linda Fox | December 23, 2024
The Dutch company invests in technology companies across multiple verticals and said, with this transaction, it will serve more than 100-million customers in Latin America across travel, e-commerce and... Read More
alt="How travel startup funding shaped up in 2024" title="How travel startup funding shaped up in 2024"
News / Startups
How travel startup funding shaped up in 2024
By Linda Fox | December 23, 2024
We've rounded up details on some of the top travel tech funding stories of 2024 along with insights from investors, including a panel from The Phocuswright Conference. Read More
alt="Expedia Group names former interim eBay CEO as new CFO" title="Expedia Group names former interim eBay CEO as new CFO"
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. Read More
alt="HotelPlanner acquires platform for finding pet-friendly accommodations" title="HotelPlanner acquires platform for finding pet-friendly accommodations"
News / Online
HotelPlanner acquires platform for finding pet-friendly accommodations
By Morgan Hines | December 19, 2024
The company said the acquisition is part its goal to improve travel by making experiences more inclusive with the ability to bring along furry friends. Read More
alt="Tripadvisor to merge with Liberty Tripadvisor in $435M deal" title="Tripadvisor to merge with Liberty Tripadvisor in $435M deal"
News / Online
Tripadvisor to merge with Liberty Tripadvisor in $435M deal
By Mitra Sorrells | December 19, 2024
The companies announced the merger Thursday morning and the deal is expected to close in the second quarter of 2025. Read More
alt="TripSuite raises $5M to grow AI platform for agencies" title="TripSuite raises $5M to grow AI platform for agencies"
News / Startups
TripSuite raises $5M to grow AI platform for agencies
By Morgan Hines | December 19, 2024
TripSuite's platform for travel agencies offers tools for customer relationship management, commission tracking, accounting, payments and more.  Read More
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