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Articles tagged “bookings”

News Blog

$160 Million European Travel Tech Fund Makes First Investment

Roch Ventures, a €150 million ($160.2 million) fund for travel tech startups in Europe and Israel, has made its first investment.  The Luxembourg-based fund made an investment in WeSki, a startup booking engine focused on the ski and snowboard industry. Roch Ventures is leading the round with participation from Waze founder Uri Levine, TravelPerk CEO…

Justin Dawes | 1 year ago

News Blog

Travelsoft Acquires Travel Compositor to Expand Booking Software Services

Travelsoft, a company that offers software products focused on travel bookings, has added a third brand to its portfolio. The Paris-based company said Monday that it acquired Spain-based Travel Compositor, a provider of travel booking engines, for an undisclosed price.  Travel Compositor said its platforms handle €1 billion ($1.1 billion) worth of bookings annually and…

Justin Dawes | 1 year ago

News Blog

Asia Pacific Travel Search Volume Rose Over 50 Percent in Fourth Quarter, Expedia Says

Travel search volume in the Asia Pacific region rose over 50 percent year over year in the fourth quarter last year, according to Expedia Group. The region’s strong performance led global travel search volume, which rose by 10 percent year over year. Asia Pacific’s search volume boost in the fourth quarter was likely driven by…

Dawit Habtemariam | 1 year ago

Online Travel

Inside Generative AI’s Promise for Travel Booking

Bumpy roads are inevitable, as is discerning the hype from genuine application, but travel companies should be considering their role in a world powered by generative AI and how to get there. If they haven't started, they are already behind.

Justin Dawes | 1 year ago

Inside Generative AI’s Promise for Travel Booking

Startups

Sojo Raises $6.2 Million to Help Vacation Rentals Automate Restocking of Supplies

About as niche as it gets, Sojo wants to help vacation rental operators automate the refill of products they provide to guests.

Justin Dawes | 1 year ago

Sojo Raises $6.2 Million to Help Vacation Rentals Automate Restocking of Supplies

News Blog

India’s EaseMyTrip Acquires Majority Stake in Hotel Booking Marketplace CheQin

Indian online travel agency EaseMyTrip announced this week that it has acquired a 55 percent stake in hotel booking marketplace cheQin, owned by Gleego Innovations, for around $370,000. The online travel agency said the acquisition would help strengthen its hotel channel. "With this, EaseMyTrip is in a great position to give its customers a wide…

Peden Doma Bhutia | 1 year ago

Short-Term Rentals

Airbnb Feels Google Gets a Pass on New Short-Term Rental Data Rules in Europe

What's good for the goose is good for the Google. Or so Airbnb thinks.

Dennis Schaal | 1 year ago

Airbnb Feels Google Gets a Pass on New Short-Term Rental Data Rules in Europe

News Blog

Booking.com to Add Emissions Info to Bookings Through New Partnership

Booking.com said last week that it is working to help travelers choose more environmentally sustainable travel options through a new partnership with climate tech company CHOOOSE. The Amsterdam-based Booking Holdings (NYSE: BKNG) marketplace helps travelers book lodging and a range of transportation options.  The software made by Oslo-based CHOOOSE, which shares various pieces of emission-related…

Justin Dawes | 1 year ago

News Blog

Hotel Bedbank DidaTravel Sees Traveler Confidence in More Advance Bookings

A Shenzhen, China-based hotel bedbank that does a big chunk of its business outside the country is seeing travel agency and tour operator clients increasingly opt for both non-refundable rates and longer booking windows compared with 2021. DidaTravel, which does about half its business outside Asia-Pacific, reported that 32 percent of its bookings were nonrefundable…

Dennis Schaal | 2 years ago

Travel Agents

Forget 2023 — Travel Agents Are Booking for 2024 on Inflation Worries

Travel agents are loudly telling their customers time is of the essence in regards to booking. There's no telling how expensive travel will become as fuel prices show no signs of falling yet.

Rashaad Jorden | 2 years ago

Forget 2023 — Travel Agents Are Booking for 2024 on Inflation Worries