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Browse: Home   /   phocuswire

Global Travel Market to Reach $1.8T by 2027 as Digital Demand Grows

Global Travel Market to Reach $1.8T by 2027 as Digital Demand Grows

The global travel industry has fully recovered and returned to sustained growth, surpassing $1.6 trillion in gross bookings in 2024… Read More »

Banks Gain Ground in Loyalty Battle Against U.S. Airlines

Banks Gain Ground in Loyalty Battle Against U.S. Airlines

Banks and airlines are locked in a growing competition for consumer loyalty — and financial institutions currently appear to have… Read More »

Trip.com COO Xing Xiong: Why Passion Matters in the AI Travel Era

Trip.com COO Xing Xiong: Why Passion Matters in the AI Travel Era

Trip.com Group chief operating officer Xing Xiong made a rare public appearance at WiT’s 20th anniversary conference, sharing candid thoughts… Read More »

60% of U.S. Property Managers Expect Revenue Growth in 2026

60% of U.S. Property Managers Expect Revenue Growth in 2026

U.S. short-term rental property managers remain cautiously optimistic about revenue growth in 2026, even as staffing, operational pressures and regulatory… Read More »

Weekly Travel Tech Briefing: SAP Concur, Amadeus, American Airlines & More

Weekly Travel Tech Briefing: SAP Concur, Amadeus, American Airlines & More

SAP Concur is expanding its AI-powered travel and expense tools with its Joule copilot and new Joule agents focused on… Read More »

Uber and WeRide Launch Autonomous Robotaxi Service in Riyadh

Uber and WeRide Launch Autonomous Robotaxi Service in Riyadh

Uber and autonomous driving technology company WeRide have launched robotaxi passenger services in Riyadh, with rides now bookable directly through… Read More »

Hotels Push ChatGPT Integrations as AI Search Becomes Bookable

Hotels Push ChatGPT Integrations as AI Search Becomes Bookable

Hotels are increasingly pushing their technology partners to integrate live rates and availability into AI-based search platforms such as ChatGPT,… Read More »

Faye Expands Beyond Insurance With OTA Launch

Faye Expands Beyond Insurance With OTA Launch

Travel insurance startup Faye is entering the online travel agency space, signing Ski.com as its first official partner in a… Read More »

Ground Transport Leaders Push for Seamless Travel

Ground Transport Leaders Push for Seamless Travel

At Phocuswright Europe, executives from Omio, BlaBlaCar, and Rail Europe highlighted the ongoing push for interoperability in the fragmented ground… Read More »

Travel Startup Funding Slows Further in Q2 2025

Travel Startup Funding Slows Further in Q2 2025

Travel startup funding took another hit in the second quarter of 2025, slipping to just $800 million, down from about… Read More »

Reiwa Travel and PKSHA Aim to Redefine Online Travel in Japan

Reiwa Travel and PKSHA Aim to Redefine Online Travel in Japan

Reiwa Travel, a bold new player in Japan’s online travel market, is partnering with AI venture builder PKSHA Technology to… Read More »

Booking Holdings Raises Forecast as Travel Demand Holds

Booking Holdings Raises Forecast as Travel Demand Holds

Booking Holdings delivered stronger-than-expected results for the second quarter of 2025, reporting robust growth across room nights, revenue, and gross… Read More »

TakeUp Raises $11M to Boost Hotel Revenue with AI

TakeUp Raises $11M to Boost Hotel Revenue with AI

Hotel revenue optimization startup TakeUp has secured $11 million in Series A funding to expand its artificial intelligence-driven platform aimed… Read More »

United Airlines Face Flat Growth and Falling Fares in 2025

United Airlines Face Flat Growth and Falling Fares in 2025

Phocuswright Research’s new report, U.S. Airlines: Market Essentials, paints a sobering picture of the airline industry as it heads into… Read More »

AI’s Disruptive Path Requires Rethinking Travel Innovation

AI’s Disruptive Path Requires Rethinking Travel Innovation

Artificial intelligence is reshaping the technology adoption curve, and its impact on industries like travel demands a new approach to… Read More »

Corporate Travel Faces Shift Toward Purpose, AI, and Sustainability

Corporate Travel Faces Shift Toward Purpose, AI, and Sustainability

The corporate travel industry is undergoing major changes, driven by evolving work models, emerging technologies, and growing sustainability demands. At… Read More »

EOS-X Space Acquires Struggling Space Perspective

EOS-X Space Acquires Struggling Space Perspective

Space tourism company Space Perspective has been acquired by Madrid-based EOS-X Space following a competitive bidding process, according to an… Read More »

Travel Brands Expand Tech, Ads and Loyalty Tools

Travel Brands Expand Tech, Ads and Loyalty Tools

Trainline PLC has partnered with Scope3 to align its advertising strategy with sustainability goals. By integrating Scope3’s Green Media Products… Read More »

Google Doubles Down on AI for Travel Planning

Google Doubles Down on AI for Travel Planning

Google is continuing to expand its artificial intelligence (AI) capabilities across the travel sector, with new features that are reshaping… Read More »

MakeMyTrip Launches Global Experiences Platform

MakeMyTrip Launches Global Experiences Platform

MakeMyTrip is expanding into the global experiences market with the launch of a new tours and activities booking platform tailored… Read More »

Google’s AI-Powered Search Drives Q2 Revenue Surge

Google’s AI-Powered Search Drives Q2 Revenue Surge

Alphabet, Google’s parent company, reported strong second quarter results, underscoring its continued dominance in AI-powered search and advertising. The company… Read More »

Travel Industry Races to Hire AI Talent Amid Tech Boom

Travel Industry Races to Hire AI Talent Amid Tech Boom

As artificial intelligence reshapes the business landscape, the travel industry is scrambling to secure top-tier AI talent in a wave… Read More »

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