Summer Raises $18 Million To Buy Vacation Rental Homes: Startup Funding Roundup
Summer wants to help people buy vacation rental homes, and Raus wants to help people take a break from big cities.
Justin is Skift’s Travel Tech Reporter, where he covers the way to the future of global travel industry. Prior, he was a tech reporter for American City Business Journals in Albany. A Michigan native, Justin is living as a digital nomad for now. Work aside, Justin has a passion for travel, writing, arts, food, and culture.
Amadeus and Microsoft Are Working on More AI Innovations — Here Are 3
Major companies that have resources to invest are starting to show the potential for generative AI in travel aside from chatbots alone.
Amadeus: Rising Revenue, Middle East Impact, Tech Innovations
Amadeus is doing much better regarding pandemic recovery compared to its biggest competitor.
Gother Raises $25 Million for Asian Online Travel Agency: Startup Funding Roundup
The travel industry in Southeast Asia is continuing to grow, and so is the short-term rental industry worldwide.
Booking Holdings: Record Nights Booked and Middle East Impact
Booking Holdings continues to set records post-pandemic, and growth is projected to keep going.
Sabre’s Cash Flow Swings Positive After Cost Cuts
The results were well received but business may not reach the targets Sabre has outlined for 2025.
Airbnb: Record Profit, 1 Million New Listings – Pet-Friendly Filter
Airbnb reported record bookings in the first quarter of 2023. In the third quarter, it's reporting record profits.
Don’t Order Too Many Planes and the Biggest Risks to Growth: Air Lease
Steven Udvar-Hazy's advice seems particularly timely: “Usually, airlines don't go bust by having too few airplanes; they usually go bust for having too many that they can't service properly financially and operationally."
IHG’s App Can Book Rooms By Floor Height, View, and More – How It Works
Mapping each room in thousands of hotels is a huge project, but more undertakings like that are needed to bring the hotel industry into the 21st century.
YouTrip Raises $50 Million for Payments Platform: Startup Funding Roundup
YouTrip wants to help people more easily make payments while traveling abroad, and Flash Pack want to help solo travelers meet one another on group trips.