British Airways Parent IAG Launches €200M Airline Innovation Fund
International Airlines Group (IAG), the parent company of British Airways, Iberia, and Aer Lingus, has unveiled IAGi Ventures, a corporate… Read More »
Klook Secures $100M to Expand Travel Experiences in Asia
Klook, a leading travel experiences platform, has secured $100 million in funding from Vitruvian Partners to accelerate its expansion across… Read More »
Exoticca Secures €25M to Expand AI-Powered Travel Platform
Exoticca, a digital platform for multi-day tours, has secured €25 million in funding to enhance its AI-powered travel technology and… Read More »
Young Travelers in Southeast Asia Shift to AI Trip Planning
By 2027, the Southeast Asia travel market is projected to reach $73 billion in bookings, driven by rapid digital adoption… Read More »
How AI Is Reshaping the Future of Travel Startups
The rise of generative AI is transforming travel startups, reshaping funding dynamics, operational efficiencies, and competitive landscapes. While AI has… Read More »
Northeast Asia’s Online Travel Boom: Bookings to Hit $30B by 2026
Northeast Asia’s travel industry is on a strong recovery path, driven by China’s resurgence as a key influencer. In 2024,… Read More »
Autonomous AI Agent Manus Disrupts Travel Planning
Manus, an autonomous AI agent, is making waves in the travel industry with its ability to create detailed itineraries. Developed… Read More »
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 »