Airline passenger IT and booking system Air Black Box (ABB) has attracted investment from two carriers in the Asia-Pacific region: ANA and Cebu Pacific. The amount invested in the business to become additional airline shareholders is undisclosed. Existing backers include Scoot (part of Singapore Airlines) and Nok Airlines, both of which…
Marriott has recently stepped up its quest to be more innovative and ready to meet the expectations of today’s demanding travellers. Ten days ago, in the basement meeting rooms of the Marriott London Kensington, eight travel startup companies pitched to a panel of technology and marketing executives. The eight…
Yesterday Expedia Inc’s chief executive Dara Khosrowshahi took a break at the Phocuswright Conference to speak with Tnooz about his company’s strategy. Tnooz: As CEO you have to have the long-term vision beyond the quarterly view. What’s the next big wave in consumer technology behavior and adoption that Expedia…
Conventional wisdom says that using search to plan and book travel is old-fashioned. Consumers now start their trip research elsewhere, such as on Facebook or Apple TV, or they may book via a reviews website like TripAdvisor or a metasearch site like Skyscanner – among other alternative sources of…
Research groups, events organizers, media outlets, to say nothing of suppliers, are in a constant battle to keep on top of the internal and external forces impacting the travel industry. NB This is a viewpoint by Giancarlo Carniani, founder of Buy Tourism Online. Significant milestones are hard to pin…
Revenue management in the travel industry used to be considered an artform – but now brands should think of it in scientific terms. That’s the message behind Perfect Price, a San Francisco, US-based startup that has created a data-driven platform for managing pricing of products. The company has some…
The conventional wisdom is that taking pictures reduces a traveler’s chance of remembering a trip’s details. This opinion was summed up nicely by the actress Julie Delpy in the 2007 movie 2 Days in Paris: Taking pictures all the time turns you into an observer. It automatically takes you out…
Travel technology startup Lola has acquired Room 77, the hotel metasearch platform. Terms of the deal have not been disclosed. In a post on Medium, Lola founder and chief executive Paul English says: “We intend to maintain Room 77 as a best-in-class hotel search tool for do-it-yourself travelers…. Besides…
Trivago has ended months of speculation and announced its intention to list on the public financial markets for the first time. The Germany-based metasearch engine intends to place itself on NASDAQ in the US under the TRVG symbol. The offering size, according to documents filed by Dutch holding company…
Musement has shown there is still a bit of capital swilling about for consumer-facing platforms for tours and activities – landing a $10 million round this week. The Series B investment was led by family fund Micheli Associati and includes paticipation from venture capital groups P101 and 360 Capital Partners. The…