travel sector

Lighthouse Debuts AI-Powered Solution for Independent Hoteliers
Lighthouse Debuts AI-Powered Solution for Independent Hoteliers
July 18, 2024  |  Travel Payments

Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company...

READ MORE >
Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
Airbnb Looks for Acceleration in Summer Travel but Guidance Disappoints  
May 08, 2024  |  Earnings

Airbnb’s first quarter results showed growth in listings and in nights booked. And per management commentary on the conference call, demand for international travel remains robust —...

READ MORE >
Booking Holdings Says ‘Connected Trip’ Attracts New, Repeat Travelers
Booking Holdings Says ‘Connected Trip’ Attracts New, Repeat Travelers
May 02, 2024  |  Earnings

Online travel company Booking Holdings is seeing results from its deployment of new tech-driven initiatives. These initiatives include its “connected trip” vision, its artificial intelligence (AI) capabilities...

READ MORE >
Expedia’s B2B Segment Thrives While B2C Struggles for Momentum
Expedia’s B2B Segment Thrives While B2C Struggles for Momentum
May 02, 2024  |  Earnings

Expedia Group’s first-quarter results, released on Thursday (May 2), indicate a healthy yet more stabilized global travel market, albeit with slightly subdued gross bookings.  On a call...

READ MORE >
Eclipse Spotlights a Revenue Opportunity for Travel Sector
Eclipse Spotlights a Revenue Opportunity for Travel Sector
April 07, 2024  |  Travel Payments

This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that...

READ MORE >
Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
Report: Tripadvisor Considering Takeover Bid From Apollo Global Management
March 06, 2024  |  Acquisitions

Tripadvisor is reportedly considering a takeover bid from Apollo Global Management. The travel information service has been working with advisers to consider any takeover interest since last...

READ MORE >
Businesses Reconsider Travel Amid Cost-Cutting and Environmental Concerns
Businesses Reconsider Travel Amid Cost-Cutting and Environmental Concerns
February 25, 2024  |  Travel Payments

Business travel has changed for thousands of workers, thanks to COVID, cost-cutting and environmental worries. That’s according to a Sunday (Feb. 25) Financial Times (FT)...

READ MORE >
Airbnb Sees 55% of Gross Nights Booked Through Its App
Airbnb Sees 55% of Gross Nights Booked Through Its App
February 13, 2024  |  Earnings

The great travel snapback continues, through digital channels, matching supply and demand for places to stay when getting away from it all. Airbnb noted in...

READ MORE >
China’s International Travel Sector Remains Slow Due to Economic Conditions
China’s International Travel Sector Remains Slow Due to Economic Conditions
December 28, 2023  |  Consumer Insights

While China’s domestic air travel market is experiencing a strong recovery, international travel reportedly still faces challenges. Factors such as economic conditions, ticket prices and...

READ MORE >