Digital

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Tech Billionaire’s New App Helps Visitors Access California Beaches

Tech Billionaire’s New App Helps Visitors Access California Beaches

Associated Press

It's remarkable that what started as a rule violation turned into a useful app for beachgoers, instead of just a drawn-out fight.

1 month ago

Travelport Goes Private and 14 Other Digital Trends This Week

Travelport Goes Private and 14 Other Digital Trends This Week

Sarah Enelow-Snyder, Skift

The big digital news this week was all about Travelport. One of the big three platforms for airline distribution is being taken private in an all-cash transaction valued at around $4.4 billion.

1 month ago

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Grab Is Hiring Tech Talent to Become Southeast Asia’s First Super App

Raini Hamdi, Skift

Grab will hire an additional 1,000 tech employees in 2019, after doubling the number of software engineers, data scientists, and analysts it added this year to 2,000. A look at its next R&D hiring plan gives a few hints on what it is working on.

1 month ago

Skiftx Original
How Mastercard Is Upping the Travel Industry’s Data Game

How Mastercard Is Upping the Travel Industry’s Data Game

Combining their insights on consumer spending trends and strong connections to vendors around the world, Mastercard has the unparalleled ability to help companies across the travel landscape harness insights and embrace challenges to enhance their businesses.

1 month ago

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Noken Raises $2.5 Million for Trip Planning: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $114 million in funding, including WhyHotel, Oyo, Noken, and Wow Venue.

1 month ago

The Amazon Factor in Travel: New Skift Research E-Book

The Amazon Factor in Travel: New Skift Research E-Book

Seth Borko, Skift Research

Amazon's influence over travelers is likely to grow, and travel companies need to pay careful attention. Our limited edition e-book evaluates lessons, threats, and opportunities that Amazon presents for the travel industry.

1 month ago

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Venture Capital Shows Growing Interest in New Hospitality Models: What Are the Risks?

Sean O'Neill, Skift

To quote a smart venture capitalist, "Just because investment money is pouring in doesn’t mean all bets are good bets!” WhyHotel itself may be a well-run business, but the sudden rush of venture money into a full array of hospitality businesses does raise eyebrows overall.

1 month ago

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Expedia Isn’t Ready to Invest Big in Restaurant Reservations

Dennis Schaal, Skift

Expedia has dealt with a ton of distractions in recent years as it acquired Wotif, Travelocity, Orbitz Worldwide, and HomeAway, for example. CEO Mark Okerstrom wants to focus on the basics instead, and doesn't want to take bold steps into dining reservations or food delivery for now. On the other hand, Expedia is a very acquisitive company so never say never.

1 month ago

Travelport’s Proposed Buyout Deal May Not End the Drama

Travelport’s Proposed Buyout Deal May Not End the Drama

Sean O'Neill, Skift

The early consensus is that Elliott Management put together a disappointing deal for investors. We cover the case for and against the deal here. But expect larger Travelport investors to consider resisting the deal or hope that a white knight acquirer rides in with a better offer.

1 month ago

New Skift Research Explains What Repeat Tourists Want

New Skift Research Explains What Repeat Tourists Want

Meghan Carty, Skift Research

Keeping visitors loyal is often a complex task for destinations. Understanding those travelers who are most likely to go back to places they’ve visited is a crucial component of this equation.

1 month ago

Travelport Is Being Taken Private in $4.4 Billion Deal

Travelport Is Being Taken Private in $4.4 Billion Deal

Sean O'Neill, Skift

The long-predicted buyout of public-company Travelport has happened at a premium of about twice the market capitalization of the company. Expect a spinout of the company's eNett payments division and the proverbial "cost restructuring."

1 month ago

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Lufthansa Ratchets Up Pressure on Sabre Over Travel Distribution

Sean O'Neill, Skift

This year Lufthansa made a series of small moves that, when looked at together, reveal a doubling down on its multi-front strategy to pressure Amadeus, Travelport, and especially Sabre to conform more to its preferred airline distribution practices. Connect the dots, and it looks like a low-grade war.

1 month ago