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QOTW: Something about the Power Paradox

PhocusWire 16 November 2018
We've been busy on the ground at the 2018 Phocuswright Conference in Los Angeles this week, hearing from travel companies big and small on how they're driving innovation and change in the industry. For this special edition of Quote Of The Week, we've collected a series of quotes that really got us thinking - and hopefully will get you doing so, too.

Research Spotlight: The state of travel startups 2018

PhocusWire 16 November 2018
In August, we previewed some of the findings of Phocuswright’s State of Travel Startups 2018 report and learned that the number of travel startups being founded has slowed in recent years, while the market has shifted to acquisitions and funding of the breakout winners in emerging categories.

VIDEO: Skyscanner CEO on mobile, Ctrip and meta disruptors

PhocusWire 14 November 2018
Last month, we dug deep into issues surrounding travel's metasearch players, and an executive from one such company took to the main stage at the 2018 Phocuswright Conference to discuss what has helped it survive and thrive - so far.

Sabre to acquire Farelogix in $360M deal, touts benefits to entire industry

PhocusWire 14 November 2018
Sabre acquires Farelogix to accelerate its next-gen distribution strategy, with claims that the NDC champion is due to bring in $40 million in revenue on an annual basis.

Travel fans are engaged on Instagram, but can brands keep up?

PhocusWire 14 November 2018
Travel attracts one of the most engaged audiences on Instagram, according to an executive from the Facebook-owned image-sharing service.

Price parity a major issue for European hoteliers

PhocusWire 14 November 2018
Hoteliers across Europe trying to drive direct bookings on their websites are being undercut by online travel agencies that are offering lower rates for their properties.

Technically Speaking - Udi Nir of GetYourGuide

PhocusWire 14 November 2018
New to GetYourGuide, Udi Nir joined the Berlin company following stints at e-commerce companies including Instacart, ModCloth and eBay.

Sojern raises $150M, eyes new markets, verticals

PhocusWire 13 November 2018
Travel tech firm Sojern has landed a funding round of $120 million to grow its business and enter new markets. The round was financed by TCV, a growth equity firm that has invested in companies including Airbnb, Expedia and ExactTarget. In total, Sojern has raised $162.5 million to date.

Blablacar drives off with EUR101M in funding, plans intermodal transport platform

PhocusWire 13 November 2018
BlaBlaCar, a long-distance carpooling service, has raised €101 million in funding from French rail operator SNCF and existing investors. Both companies are looking at building an intermodal travel service in France, taking in carpooling, bus services and rail travel.

VIDEO: Booking.com on its big new focus

PhocusWire 12 November 2018
Booking.com's entry into the world of tours and activities has been played out in a fairly low-key way over the years.

Hot 25 Startups 2019: Airlines Technology

PhocusWire 12 November 2018
Some startups hit their stride just at the right time, as a combination of technical ability, industry and consumer needs come together.

Hot 25 Startups 2019: SkyHi

PhocusWire 12 November 2018
An advocate for the Netflix model of consumer services, SkyHi is a platform that brings air travel at a monthly rate to more than 2,600 routes from 73 cities.

Hot 25 Startups 2019: Journy

PhocusWire 12 November 2018
Journy is not aimed at those who want to do things quickly and simply. Its model of curated and personalized travel recommendations is for people who want a bit of TLC (travel agent-style) as they plan a trip, and are willing to pay for the service.

Hot 25 Startups 2019: Lumo

PhocusWire 12 November 2018
Managing flight delays is costly and disruptive for travel management companies and businesses. Lumo’s product (which is also aimed at airports and other service providers) works out when air services are likely to be affected and manages the process for travelers accordingly. Organizations as diverse as NASA and JetBlue Technology Ventures like the company and have backed it.

Hot 25 Startups 2019: LuggageHero

PhocusWire 12 November 2018
This Danish company with an incredibly simple model (web booking for locating and storing traveler bags in local stores) is growing fast, having expanded to London and New York from its hometown within a year.

Hot 25 Startups 2019: FairFly

PhocusWire 12 November 2018
Aimed at both corporates and travel management companies, FairFly monitors pricing trends on air tickets so that customers know the optimum time to make a booking.

Hot 25 Startups 2019: VoyHoy

PhocusWire 12 November 2018
VoyHoy is tackling one of the sectors that many have predicted will be big at some point - multimodal search - in a different way.

Hot 25 Startups 2019: TripTech

PhocusWire 12 November 2018
Back in the often-forgotten world of ad-serving, TripTech’s content discovery platform places native ads on top of travel websites.

Hot 25 Startups 2019: TravelPerk

PhocusWire 12 November 2018
TravelPerk has pedigree in the shape of its co-founder, who created and sold Hotel Ninjas to Booking.com, where he met his fellow founder of the business.

Hot 25 Startups 2019: Stay22

PhocusWire 12 November 2018
A recent integration with Airbnb pushed the profile and product of Stay22 up the ladder.

Hot 25 Startups 2019: Slickspaces

PhocusWire 12 November 2018
Slickspaces is bringing automation and technology to both guests and hosts at vacation rental properties through things like smart locks and voice-led tools.

Hot 25 Startups 2019: Sleepbox

PhocusWire 12 November 2018
Sleepbox is ambitious, having developed its modular, tech-enabled sleeping units for travelers at a lounge in Dulles International Airport in Washington, D.C.

Hot 25 Startups 2019: Situm

PhocusWire 12 November 2018
This multi-sector technology has use cases in the world of airports and ground transportation centers, as well as in events and attractions.

Hot 25 Startups 2019: Arise Travel

PhocusWire 12 November 2018
At some point, a blockchain-based solution for hotel reservations and distribution is going to break out from beyond the distributed ledger-led hype and take the market forward in a meaningful way.

Hot 25 Startups 2019: Redeam

PhocusWire 12 November 2018
Redeam has had a transformative 12 months: a new CEO, a string of industry awards and a sizeable investment round to help expand its mobile ticket and paper voucher processing platform for tours and activities.

Hot 25 Startups 2019: ICM Hub

PhocusWire 12 November 2018
There is chat, and there is next-gen chatting. ICM Hub has developed a solid chatbot product that gives airlines the chance to embrace the ongoing shift to digital-led communications (it’s also attracted the attention of LATAM, Amadeus and Etihad).

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