Cookies on HFTP Bytes

This site uses cookies to store information on your computer. Some are essential to make our site work; others help us give you the best possible user experience.
By using the site, you consent to the placement of these cookies. However, you can change your cookie settings at any time. Read our Privacy Notice to learn more.

I understand
  • Next Event

    HITEC DUBAI

    Hospitality Industry Technology Exposition & Conference

    December 5–6, 2018
    Dubai, UAE

  • Upcoming Event

    HITEC EUROPE 2019

    Hospitality Industry Technology Exposition & Conference

    April 10–11, 2019
    Palau de Congressos
    Palma, Mallorca - Spain

  • Upcoming Event

    HITEC MINNEAPOLIS

    Hospitality Industry Technology Exposition & Conference

    Minneapolis Convention Center

    June 17-20, 2019

Lufthansa Ratchets Up Pressure on Sabre Over Distribution

skift.com - Digital 10 December 2018
This year Lufthansa made a series of small moves that, when looked at together, reveal a doubling down on its multi-front strategy to pressure Amadeus, Travelport, and especially Sabre to conform more to its preferred airline distribution practices. Connect the dots, and it looks like a low-grade war.

HotelQuickly Disaster Raises Questions on How Travel Search Giants Vet Advertisers

skift.com - Digital 9 December 2018
It's simply a matter of odds that companies will face cash crunches, as HotelQuickly appears to have done. But global travel search companies need to detect problems sooner so that they can quickly put a pause on referring consumers to troubled companies before too many victims pile up.

Tourlane Raises $24 Million for Multi-Day Tour Booking: Travel Startup Funding This Week

skift.com - Digital 7 December 2018
This week investors bet more than $104 million on companies that help people plan trips (Tourlane, SnapTravel, Fineway, and AsiaYo), recruit hotel workers (Hosco), create adventure travel content (Roam), and book medical tourism (Hospals).

SnapTravel Raises $21 Million With an Assist From NBA Star Steph Curry

skift.com - Digital 4 December 2018
The travel industry startup ecosystem could use some fresh ideas, so we salute new investors placing bets like Steph Curry, the basketball star playing for the Golden State Warriors. Curry's investment in SnapTravel, a messaging-based hotel booking tool, holds promise but the outcome remains uncertain for the company, which has raised $22.4 million to date.

European Regulators Probe Travel Distribution and 16 Other Digital Trends This Week

skift.com - Digital 2 December 2018
This week in digital news, European Commission antitrust regulators are investigating the business practices of distribution-tech providers Amadeus and Sabre. We also have analysis on Marriott's massive data breach and the impending arrival of 5G.

Amadeus to Pay $3 Million to Settle an Antitrust Lawsuit in the U.S.

skift.com - Digital 30 November 2018
In settling this lawsuit, Amadeus doesn't admit to any wrongdoing or violations of antitrust law. Along with Travelport, Amadeus agreed to have its team engage in antitrust compliance training.

Tiqets Raises $23 Million for Museum Ticketing: Travel Startup Funding This Week

skift.com - Digital 16 November 2018
Tiqets tackled the hard problem of helping many museums that lacked tech savvy to adopt modern sales techniques. Now it's seeing a payoff. In other news, events tech company Headbox and online travel agency Sastaticket raised money.

Airbnb and Other Unicorns Suffer by Staying Private, High-Profile Tech Investor Argues

skift.com - Digital 15 November 2018
Would Airbnb and Uber, for example, be truly better off as public companies? It's unclear because they both have access to tons of money already. But they would both certainly be better equipped to spin their own narratives.

Booking's Prepaid Hotel Model and 10 Other Digital Trends This Week

skift.com - Digital 10 November 2018
This week in digital news, we analyzed third quarter earnings from major players. Booking emphasizes the prepaid hotel model and TripAdvisor's experiences and restaurants businesses are looking up.

Sabre Looks for Efficiencies With Cloud Migration on Track

skift.com - Digital 30 October 2018
CEO Sean Menke has turned around Sabre's performance since coming on board in 2017. No wonder investors have bid up the travel technology company's share price since then.

Booking Holdings Invests $200 Million in Grab as Ridehailing Becomes More Strategic

skift.com - Digital 29 October 2018
It's becoming increasingly clear that online travel players will try to leverage the heck out of connections between food delivery, ridehailing, and booking hotels. Uber and Lyft will undoubtedly become a bigger part of the action, as well.

India's Online Travel Leader MakeMyTrip Adds Sales of Tours and Attractions

skift.com - Digital 25 October 2018
MakeMyTrip's management deserves credit for ending a period of decelerating growth and for reducing operating losses over several quarters. But many investors are impatient for an era of profits.

Flight Centre Stock Takes a Pounding With Fallout From TV Report Lingering

skift.com - Digital 23 October 2018
Flight Centre founder Scroo Turner must be wondering what it takes to keep the market happy. His company reported revenue and profit growth, but still its shares were slashed, with traders wiping more than $50 million off its value.

China Online Travel Faces Unprecedented Regulation

skift.com - Digital 29 September 2018
Chinese online travel may be imperiled from increasing regulation as well as the trade war and aggressive rhetoric between the U.S. and China. On the other hand, the Chinese middle class will not be denied; their passports are ready.

Travelsify Raises $5.8 Million for Hotel and Restaurant Tech: Travel Startup Funding This Week

skift.com - Digital 28 September 2018
Accor's backing of Travelsify is eye-opening. It suggests that the hotel giant will take advantage of the startup's artificial intelligence-powered engine, which collects data about hotels, restaurants, and vacation rentals to boost online marketing and discovery.

Alibaba Helps U.S. Cities With Mobile Payments for Chinese Tourism Wave

skift.com - Digital 26 September 2018
The trick to getting more U.S. businesses to invest in mobile payments will be to convince them that more demand will also soon come from U.S. travelers, who are still largely cash and card-carrying consumers for now.

Expedia Believes Tech Is Key to Helping Travelers Plan the Perfect Vacation

skift.com - Digital 20 September 2018
How can companies use technology to make the perfect recommendations for travelers? That's what everyone is trying to figure out.

TripAdvisor CEO on Moving From User Content Toward Professional Reviews

skift.com - Digital 18 September 2018
TripAdvisor will start showcasing content from long-dismissed professional reviewers so it can be more of a resource to visitors who aren't ready to book. Is nothing sacrosanct anymore?

Travel Providers Need to Embrace Digital Payments or Risk Becoming Irrelevant

skift.com - Digital 17 September 2018
Consumers are increasingly using digital and mobile payments both while planning their trips and while in-destination -- which means travel providers looking to have a global reach need to prioritize their digital payment experiences.

Video: Sabre CEO Believes Airlines Can Get More Creative With Fees

skift.com - Digital 14 September 2018
Sabre CEO Sean Menke is right when he says consumers want the ability to comparison shop before they make travel plans. But his ideas about making airline fees more complicated -- and lucrative -- might not be so popular.

Blockchain and Travel: Distributed Ledger Technology is Changing the Business of Airlines and Travel Agencies

skift.com - Digital 4 September 2018
Travel tech leaders are betting on blockchain to transform nearly every aspect of the travel journey, making transactions simpler, more affordable, and more trustworthy, for both providers and consumers.

Why Hotels Envy Airlines When It Comes to Managing Revenue

skift.com - Digital 22 August 2018
The revenue management industry picked an odd time to have an identity crisis, given the opportunity for additional profit that new rate-setting and distribution software could bring.

Video: Why Travelport Is Betting Big on Payments and Mobile Booking

skift.com - Digital 17 August 2018
Travelport has worked hard over the last few years to develop new airline merchandising and travel payments solutions on a global level. Next comes the challenge of driving wider adoption in the marketplace.

On the Beach Buys Classic Collection for $25 Million as Package Rules Get Upended

skift.com - Digital 16 August 2018
Online player On the Beach is making a play to attract the business of offline travel agents by creating a new online dynamic-packaging portal. Got it? In online travel, as in life, it sometimes pays to be flexible, and to buy stuff.

Booking Holdings Sacrifices Growth and 7 Other Digital Trends This Week

skift.com - Digital 12 August 2018
This week in digital news, we looked at earnings from Booking Holdings and the company's adjusted growth expectations, plus a broad view of the future of metasearch.

Booking Holdings Says Half Its Customers Now Come Direct: Will It Be a Game Changer?

skift.com - Digital 9 August 2018
Some hotel groups will be jealous of Booking Holdings' ability to have one out of every two of its customers booking travel on its brand sites and apps without having to buy online ads to acquire them.

Request Information

Thank you for your request, we will get back to you as soon as possible.
Close
Please enter your contact details below and we will get back to you with the requested information as soon as possible.
An error occured, please check your input and try again.


CancelSubmit

Newletter

Thank you for subscribing. Your email address has been added to our mailing list.
Close
To subscribe to the HITEC Bytes Newsletter please enter your contact details below.
An error occured, please check your input and try again.
I do want to receive the HITEC Bytes email newsletter.
By submitting this form, you have read and agreed to the Privacy Notice of HFTP.
You may unsubscribe to these emails at any time.
CancelSubscribe