Kleio Raises €3M to Expand AI-Powered Conversational Agents
Kleio, a multi-agent generative AI platform specializing in conversational agents, has secured €3 million in seed funding to enhance adoption,… Read More »
Booking.com Highlights AI Advancements in Travel Tech
Booking.com is leveraging generative AI to gain deeper insights into traveler intent, enhancing personalization and streamlining the booking experience. According… Read More »
Corsair Capital Acquires Majority Stake in IDnow for Expansion
Corsair Capital has increased its stake in IDnow, acquiring a majority share in the AI-powered identity verification platform. The investment… Read More »
Accessibility Flaws Rife in Travel Sites, Hinders Users
Travel websites are plagued by accessibility issues, posing significant barriers for users with disabilities, reveals a report from AudioEye. The… Read More »
Metasearch’s Future Amid Agentic AI Growth
The introduction of OpenAI’s Operator, an autonomous agent capable of searching for and booking travel, has reignited the debate over… Read More »
Selina Hotels Transforms into Socialtels Under New Management
Entrepreneur and hotelier Gary Murray has restructured the insolvent brand Selina Hotels into a new boutique hotel concept named Socialtel,… Read More »
American Express Acquires Center for Expense Management Tech
American Express has announced its acquisition of Center, a payment and expense management technology provider, aiming to integrate its software… Read More »
Trip.com Group and WTTC Highlight Transformative Technologies in Travel
Trip.com Group and the World Travel & Tourism Council (WTTC) have unveiled a comprehensive report at ITB Berlin, identifying 16… Read More »
AI in Cybersecurity: Travel Brands Face New Challenges and Opportunities
As artificial intelligence (AI) technologies evolve, the cybersecurity landscape for travel brands is facing significant changes. The introduction of low-cost… Read More »
Mews Secures $75M for Expansion in U.S. and Europe, Boosts AI Capabilities
Hospitality technology firm Mews has successfully raised $75 million to support its strategic expansion in the United States, Germany, Austria,… Read More »
Summer Launches SummerOS for Enhanced Management of Short-Term Rentals
Summer, originally a rent-to-own initiative in the short-term rental (STR) market, has transitioned into a software-as-a-service (SaaS) business with the… Read More »
Alexa+ Set to Transform Travel Research and Planning
Amazon has unveiled Alexa+, a new iteration of its artificial intelligence assistant, designed to seamlessly integrate into everyday life with… Read More »
Expedia Group Announces Job Cuts Amidst Strategic Reallocations
Expedia Group has initiated a significant round of layoffs, as confirmed by employee posts on LinkedIn and a company statement… Read More »
Phocuswright and WiT Spark Travel Innovation at Dubai Event as Middle East Tourism Surges
Next month, Phocuswright and Web in Travel (WiT) are set to return to the Middle East, spotlighting the region’s burgeoning… Read More »
Amadeus Achieves Double-Digit Growth, Strong 2024 Results
Amadeus, the Spain-based technology company, reported a significant revenue increase in its 2024 financial year, with group revenue reaching €6.1… Read More »
Phocuswright Europe 2025 Focuses on AI’s Role in Travel
As generative artificial intelligence (AI) continues to evolve rapidly, the travel industry is at a pivotal moment, assessing the vast… Read More »
Superlogic Secures $13.7M for Cutting-Edge Customer Engagement
Superlogic, a pioneering technology firm specializing in enhancing brand engagement and loyalty, has successfully raised $13.7 million in a Series… Read More »
PhocusWire’s Weekly Update: Amadeus CFO and More Travel Tech News
This week in global travel industry news, PhocusWire brings you the latest updates on people, products, and partnerships. Amadeus Appoints… Read More »
Expedia CEO Details AI Strategies to Boost Travel in 2025
Expedia Group’s CEO, Ariane Gorin, highlighted a robust financial performance in 2024, with the company reporting a 10% increase in… Read More »
Northstar Sells Inntopia to Outside Interactive in Strategic Move
Northstar Travel Group has officially sold Inntopia, its sophisticated software division known for its integrated booking, marketing, and business intelligence… Read More »
Lufthansa Integrates AI Booking Assistant Swifty with LINE App
Swifty, Lufthansa Innovation Hub’s advanced AI booking engine, has now been seamlessly integrated into Japan’s popular LINE messenger, revolutionizing how… Read More »
Canary Technologies Introduces AI Voice to Transform Hotel Ops
Canary Technologies has unveiled its innovative “AI Voice” platform, a comprehensive suite of artificial intelligence-powered hotel assistants designed to revolutionize… Read More »
Trivago Reports First Revenue Growth Since Q1 2023 in Q4
Trivago, a leading hotel search and price comparison platform, has achieved its first revenue growth since early 2023, marking a… Read More »
DMOs Face Challenges in Digital Marketing Evolution
Destination marketing organizations (DMOs) are currently grappling with significant challenges in the evolving digital landscape, as highlighted in the “State… Read More »
Vacasa Receives Higher Buyout Offer from Davidson Kempner
Vacasa, a prominent vacation rental platform, is currently considering a higher buyout offer from Davidson Kempner Capital Management (DK), an… Read More »
Mize Acquires RightRez, Expanding Travel Tech Across Sectors
In a strategic move to broaden its reach within the travel technology sector, Mize has announced the acquisition of RightRez,… Read More »