Creador Acquires MG Group to Boost Global Hospitality Expansion
Southeast Asia-based private equity firm Creador has acquired MG Group, a leading B2B hospitality marketplace, for an undisclosed amount. The… Read More »
Travel Industry Experts Share Key Predictions for 2025
With 2024 behind us, travel industry leaders are looking ahead to 2025, predicting trends that could reshape the sector. Experts… Read More »
German VIP A350 Fleet Gains High-Tech Self-Defense
Germany has become the first nation worldwide to equip Airbus A350 aircraft for governmental VIP transport—akin to the United States’… Read More »
Casago Acquires Vacasa, Reshaping Vacation Rental Landscape
Phoenix-based vacation rental management company Casago has announced its acquisition of Portland-based competitor Vacasa, marking a pivotal shift in the… Read More »
Airbnb Expands Anti-Party Tech for New Years Eve
As New Year’s Eve approaches, Airbnb is ramping up efforts to curb disruptive parties and unruly guests with enhanced technology… Read More »
From Legacy Tech to AI-Powered Travel Experiences
The travel industry is undergoing a transformation as artificial intelligence (AI) paves the way for innovative solutions to longstanding complexities…. Read More »
WP Holding Acquires Invia Group for €240M, Expanding Travel Reach
Poland-based WP Holding (Wirtualna Polska Holding) has announced the acquisition of European online travel agency Invia Group for approximately €240… Read More »
Troop CEO on Group Travel Growth, Tech Disruption in 2025
Corporate travel is poised for growth in 2025, with group travel leading the way. A recent study by GBTA and… Read More »
5 Ways Travelers Embrace Generative AI in 2024
Generative artificial intelligence (GenAI) has emerged as the most utilized advanced technology among digital travelers in 2024, surpassing virtual and… Read More »
Sabre, Amadeus, SITA Lead Travel Tech News This Week
This week, travel tech leaders Sabre, Amadeus, and SITA made significant announcements shaping the global travel industry. Sabre deepened its… Read More »
Travel Startup Funding Trends in 2024
The year 2024 saw mixed results for travel startup funding, with overall investments remaining at near-record lows, echoing 2023’s $5.2… Read More »
Prosus Acquires Despegar for $1.7B in Strategic Deal
Prosus, a Netherlands-based technology investment company owned by Naspers Group, announced the acquisition of Latin America’s leading online travel agency,… Read More »
Weekly Travel Tech Updates: Amadeus, Hostaway, Sabre
Amadeus Partners with LATAM and AtriisAmadeus has secured a multi-year distribution deal with LATAM Airlines, enabling its agents to access… Read More »
Phocuswright Unveils Travel Forward: Trends and Insights for 2025
Phocuswright, a leading travel research authority, has released its latest report, Travel Forward: Data, Insights and Trends for 2025. The… Read More »
HotelPlanner Acquires PetsWelcome.com for Pet-Friendly Stays
Hotel booking platform HotelPlanner has announced the acquisition of PetsWelcome.com, a platform dedicated to helping travelers find pet-friendly accommodations. The… Read More »
Tripadvisor to Merge with Liberty in $435M Stock Buyback Deal
Tripadvisor has announced a $435 million deal to repurchase its Series A and Series B common stock from Liberty TripAdvisor… Read More »
TripSuite Secures $5M to Expand AI Tools for Travel Agencies
TripSuite has raised $5 million in seed funding to expand its AI-powered platform designed for travel agencies. The platform integrates… Read More »
Top 10 PhocusWire Travel Stories of 2024: AI, Airbnb, and More
The travel industry witnessed a dynamic year in 2024, with AI innovation, corporate transitions, and market disruptions making headlines. Among… Read More »
Key Travel Movers and Trends in 2024: AI, Airbnb, and Disruption
As 2024 comes to a close, we reflect on the trends and players shaping the travel industry. Artificial intelligence (AI)… Read More »
Celestyal Launches Trade Portal and New Website
Celestyal Cruises has unveiled “The Celestyal Compass”, a new trade portal designed to support travel advisors. Launched on December 10,… Read More »
Qatar Executive to Equip Gulfstream Fleet with Starlink
Qatar Executive, the private jet charter division of Qatar Airways, has announced its plans to integrate Starlink connectivity into its… Read More »
Sabre CEO Kurt Ekert on GDS Role, AI Threats, and Future Growth
The predicted demise of global distribution systems (GDS) seems overstated, according to Kurt Ekert, CEO and president of Sabre. Speaking… Read More »