Digital

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Breaking news and insights about online travel booking, online travel agencies, travel startups, venture capital investments, and more essential news about digital travel.

Southeast Asia’s Online Travel Agency Traveloka Moves Into Food and Wellness Choices

Southeast Asia’s Online Travel Agency Traveloka Moves Into Food and Wellness Choices

Raini Hamdi, Skift

Here's a riddle: If Traveloka sells lifestyle services and AirAsia is not just an airline, what is an online travel agency? The industry will have to coin a new term since everyone is starting to sell more than just flights and hotels. Any suggestions?

1 week ago

What Locals Feel About Overtourism: A Skift Research Report

What Locals Feel About Overtourism: A Skift Research Report

Seth Borko, Skift Research

Overtourism is one of the biggest challenges faced by the travel industry. Quantifying it helps diagnose and fight the issue. Our new method of measuring local sentiment toward tourists can build upon and complement existing overtourism metrics.

1 week ago

Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities

Klook Receives $225 Million SoftBank Investment in Nod to Tours and Activities

Raini Hamdi, Skift

For the first time, an Asian startup, Klook, is attracting the highest funding ever in tours and activities. For the last time, can skeptics of this travel sector please bow out?

2 weeks ago

Sponsored
Skift Webinar: How Travel Brands Can Target Offers Like Retail Giants

Skift Webinar: How Travel Brands Can Target Offers Like Retail Giants

SheerID + Skift

In our upcoming webinar on Wednesday, May 8th, 1-2 p.m. EDT, we’ll examine the tactics used by leading retail brands to target high-value customer segments and uncover actionable strategies for travel marketers to build a more sustainable e-commerce model.

1 week ago

GetYourGuide Defies Conventional Wisdom on Tour Booking So Far

GetYourGuide Defies Conventional Wisdom on Tour Booking So Far

Sean O'Neill, Skift

GetYourGuide may close an approximately $300 million funding round this year with possible participation by new investors like SoftBank and Temasek. If true, investors would be betting that the attractions booking agency can continue to defy several assumptions about young travel companies.

2 weeks ago

AirAsia Aims to Disrupt Online Travel and 6 Other Digital Trends This Week

AirAsia Aims to Disrupt Online Travel and 6 Other Digital Trends This Week

Isaac Carey, Skift

This week in digital news, AirAsia hopes to become more than just an airline, there’s a lot to learn from Lyft's successful IPO, and TripAdvisor’s president of core experience talks about her traveler-first perspective.

2 weeks ago

Fyle Raises $4 Million for Expense Management: Travel Startup Funding This Week

Fyle Raises $4 Million for Expense Management: Travel Startup Funding This Week

Sean O'Neill, Skift

It's eye-catching that Fyle, a Bengaluru-based expense management software company, has received funding from Tiger Global, a venture firm that was an early backer of Flipkart, Spotify, LinkedIn, and Despegar.

2 weeks ago

Vancouver Shuns Uber While Chinese-Language App Kabu Thrives

Vancouver Shuns Uber While Chinese-Language App Kabu Thrives

Natalie Obiko Pearson and Krista Gmelich, Bloomberg

The underground ride-sharing app has big plans for growth, with an English version coming soon. By the time Uber gets on the road, it may find itself up against a solid competitor.

2 weeks ago

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Sean O'Neill, Skift

With this investment, PayPal co-founder Max Levchin has raised $800 million to grow Affirm, which lets consumers pre-qualify for loans to buy flights, hotels, rental cars, seat upgrades, and non-travel products. Who said payments aren't sexy?

2 weeks ago

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Sean O'Neill, Skift

Several travel startups dream of going public. Lyft's initial public offering shows that profitability isn't necessarily as important as growth in the eyes of some investors, among some other key lessons.

2 weeks ago

AirAsia CEO Looks to Disrupt Again, This Time in Online Travel

AirAsia CEO Looks to Disrupt Again, This Time in Online Travel

Raini Hamdi, Skift

Tony Fernandes is taking AirAsia on "the final part of the company's evolution," one that will see the airline become a tech player. But it’s one thing to disrupt legacy carriers, and another to disrupt the disruptors in the online travel space. He disagrees, of course.

2 weeks ago

Hostelworld Ditches 50 Cent and Mariah Carey in Bid for Growth

Hostelworld Ditches 50 Cent and Mariah Carey in Bid for Growth

Patrick Whyte, Skift

Newish CEO Gary Morrison hasn’t minced words when it comes to what he sees as the company’s past failings.

2 weeks ago