This week in digital news, we analyzed Expedia's careful and methodical approach to investment in Asia, as well as Sabre's deepening relationship with travel agents.
Digital Travel News Weekly Roundup
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines digital trends.
For all of our weekend roundups, go here.
>>After a slew of acquisitions in 2014 and 2015, Expedia is focused on investing and executing. A sustained and rationally exuberant approach may work better in various markets in Asia Pacific this time around than previous efforts: Expedia Hedges Its Asia Bets With Brands, Affiliates and Investments
>>This move signals Sabre’s eagerness to remain a powerhouse for travel agents in a changing landscape where alternative lodging, driven by the popularity of Airbnb, takes off. Come 2019, Sabre aims to be more of a one-stop shop for agents. Some agents applaud the move; others couldn’t care less: Travel Agents Get a Dose of the Sharing Economy Through Sabre Deal With Booking
>>The revenue management industry picked an odd time to have an identity crisis, given the opportunity for additional profit that new rate-setting and distribution software could bring: Why Hotels Envy Airlines When It Comes to Managing Revenue
>>After a failed initial public offering, PSAV is now in the hands of Blackstone. Time will tell if the move ends up increasing costs for event professionals as PSAV inevitably looks to expand its scale in the marketplace. The competition between hotels selling their own offerings and companies like PSAV will be fascinating to watch: What’s Behind Blackstone’s Deal for Events Tech Firm PSAV?
>>Vacation rental management is becoming professionalized, and the gold rush is on: Evolve Raises $80 Million for Vacation Rental Management Tech
>>If you thought hotels had a lot of soft brands, wait until you see what’s emerging in the vacation rental sector. The early success of the 25-year-old co-founder of Sonder is inspiring others: Rental Brand Sonder Raises $85 Million on Soft Brand Boom
>>The market for long-term serviced apartments is being dragged, thankfully, into the digital era by companies like Homelike. Plus: Funding news for Roomex, FunNow, Vntrip, and Roto Travel: Homelike Raises $14 Million for Rental Search: Travel Startup Funding This Week
>>As more travelers become concerned with how their information is being used, the travel industry could learn a thing or two from Levchin’s PayPal and his new company, Affirm, on how to build trust in an era of information overload: Video: Why Tech Backlash Has Silicon Valley Destined for More Regulation
>>Sometimes I have a vision of a cohesive mobile experience for hotels, where everything from booking to room entry and billing can be accomplished through one app. We’re not anywhere close to that at scale, but steps are being taken to fix what’s broken: Refining the Hotel Experience With Technology
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Photo credit: Expedia is carefully investing in Asia. Bloomberg