Travel Technology

Travel Technology

Revenue-Hungry Hotels to Tech Startups: We Are All Ears

Hotels are more open to trying new ideas as they recover financially post-pandemic. Enter firms like tech startup ResortPass, which is pitching itself as a new way to juice more revenues.

Revenue-Hungry Hotels to Tech Startups: We Are All Ears

Travel Technology

Latam, Volaris and Air Europa Are Modernizing Tech to Cut Costs

The pandemic prompted airlines to modernize their operations with technology, and they're not stopping. Third-party companies can help by offering new solutions to supplement airlines' existing old and limited infrastructure.

Latam, Volaris and Air Europa Are Modernizing Tech to Cut Costs

Travel Technology

The Dawn of AI in Travel – and in Our Daily Lives – Suddenly Became Very Real This Weekend

The use cases of artificial intelligence (AI) in our daily lives, both personal and professional, just exploded exponentially. Worth thinking through, reading, and experimenting as much possible for the travel sector.

The Dawn of AI in Travel – and in Our Daily Lives – Suddenly Became Very Real This Weekend

News Blog

Yanolja Profit Rises as Travel Rebounds in Korea and Asia Pacific

Yanolja said this week it expected that a post-pandemic rebound in international travel will continue to boost its twin businesses of online travel sales via a superapp and software sales to hotels and other travel companies. The South Korea-based startup has made progress on both ambitions since 2011, when it received a $1.7 billion investment…

Travel Technology

The Fragmented Travel Tech Industry Probably Won’t Consolidate Anytime Soon

The trick for a travel tech platform to do business with a big company is to start small, prove the service works, and then upsell.

The Fragmented Travel Tech Industry Probably Won’t Consolidate Anytime Soon

News Blog

Mastercard to Invest in Fintech Company Conferma Pay

Mastercard is planning to make a minority investment in Conferma Pay, a fintech company acquired earlier this year by Sabre Corporation. The new partnership with Mastercard will allow Conferma Pay to expand the use of virtual cards for business-to-business travel payments. Sabre acquired Conferma Pay for $72.5 million in August 2022, according to a filing…

Travel Technology

Economic Uncertainties Won’t Drive More Travel Tech Mergers & Acquisitions

For the best exit strategy, hold on for a couple of years until the market stabilizes. For the deal, buy now.

Economic Uncertainties Won’t Drive More Travel Tech Mergers & Acquisitions

Skift Meetings

The State of Event Tech

Following the Covid-induced roller coaster ride of the last two-and-a-half years, event tech is in recovery mode.

The State of Event Tech

News Blog

Hotel Tech Company Sceptre Hospitality Resources Acquires Booking Engine

A U.S. hotel tech company with equity backing has acquired a booking engine based in Ireland.  Houston-based Sceptre Hospitality Resources said Thursday that it has acquired Avvio.  The private equity firm Serent Capital made an undisclosed “significant investment” in Sceptre Hospitality Resources in 2020. The Avvio acquisition was funded through that investment, Sceptre said.  Sceptre…

Travel Technology

Travel Tech Investment Is on Unstable Ground: Here’s What Industry Pros Say

Sometimes raising investment is hard, and sometimes it's harder. But that's no reason not to move forward — a product that's strong and needed will still sell.

Travel Tech Investment Is on Unstable Ground: Here’s What Industry Pros Say