Articles tagged “travel tech”

Short-Term Rentals

Vacasa Turnaround Exec Cites the Need for a Vacation Rental Reset Post-Covid

If ever there was a put up or shut up time for vacation rental tech, it is now. Vacasa and top exec T.J. Clark are bent on improving direct relations with homeowners minus nearly 1,600 employees since October.

Vacasa Turnaround Exec Cites the Need for a Vacation Rental Reset Post-Covid

Startups

Bach Raises $9 Million for Bachelorette Party Booking Platform

Bach is curating trips for bachelorette parties, while seven Airbnb veterans decided to start Landfolk and do their own thing in Denmark.

Bach Raises $9 Million for Bachelorette Party Booking Platform

Travel Technology

GPT-4 Is Here: Can Travel Companies Keep Up With Fast-Advancing AI?

The quick ChatGPT update exemplifies the rapid advancement of AI and how easily new work can be left in the dust.

GPT-4 Is Here: Can Travel Companies Keep Up With Fast-Advancing AI?

News Blog

Booking CEO Glenn Fogel Cites Generative AI’s Promise and Hurdles

Booking Holdings CEO Glenn Fogel cited the "explosion of interest" in generative AI (artificial intelligence), but counseled that it would be prudent to be patient about delivering on its promises. Glenn Fogel, CEO of Booking Holdings, pictured here speaking at Skift Global Forum in September 2022 in New York, is keen on more tech investment.…

Startups

Roami Raises $14 Million for Group Travel Vacation Rental Platform

Roami has a unique approach for acquiring short-term rentals units, and Doroni Aerospace wants to make personal aircraft that can be stored in a two-car garage.

Roami Raises $14 Million for Group Travel Vacation Rental Platform

Short-Term Rentals

Airbnb Could Generate $1.2 Billion With Sponsored Listings and an Ad Platform by 2026

When you consider that Expedia and Booking each made at least $900 million in advertising-related revenue in 2022 (though likely much more) and Airbnb pocketed next to zilch, then you know that Airbnb can take advantage of a substantial opportunity.

Airbnb Could Generate $1.2 Billion With Sponsored Listings and an Ad Platform by 2026

Travel Technology

Holograms at the Front Desk Replace Real People at Aiden by Best Western

Investing in holograms is bold and risky. But who knows? It may appeal to some guests. And, imagine all the social media posts.

Holograms at the Front Desk Replace Real People at Aiden by Best Western

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…

Online Travel

Booking.com Is Wait-and-See on Generative AI

There can be value in jumping into new business opportunities right away, especially for young startups. But for established companies like Booking.com, the slow and steady approach may be best.

Booking.com Is Wait-and-See on Generative AI

Startups

FreshBus Raises $3.1 Million for Electric Buses Across India

The roundup this week: Four travel tech startups based in four different continents, all focused on ground transportation.

FreshBus Raises $3.1 Million for Electric Buses Across India