Hotel Max

PhocusWire | April 09, 2020

Booking Holdings says bookings have decreased by more than 85% year-on-year. In an update on the impact of COVID-19 on current trading, the online travel company says it believes the impact on the current quarter, ending June 30, will be greater than the situation in the first quarter of 2020. Booking Holdings also talks about a number of steps taken around supporting its financial position including an offering of senior notes, which is expected to raise $3.23 billion, as well as an offering of...

Travel Daily Media | January 23, 2020

Travel and aviation tech-sperts Sabre alongside hospitality powerhouse Accor, the leading software and technology company powering the global travel industry, announced today they will work together on the creation of the first unified central reservation (CR) and property management (PM) platform for the hospitality industry. The potential of the new full-service property management tool will see the Sabre enrich its existing central reservation and limited-service property management systems. ...

Breaking Travel News | January 29, 2020

EasyJet has announced the renewal of its long-standing content partnership with Travelport. Following the signing, travel agencies around the world will continue to benefit from real-time access to easyJet’s range of fares through the company’s market-leading technology platform, Travelport Smartpoint. Thomas Haagensen, group markets director at easyJet, said: “easyJet offers an unrivalled network flying to more primary airports on the top 100 European routes than any other car...

Travel Technology

Insider Intelligence Inc. | August 17, 2021

The continued reduction in travel - particularly for business and across borders - will keep digital advertising spending in the United States significantly down for the next few years. According to eMarketer, it will take until 2023 for U.S. digital ad spending in travel to reach $4.54 billion – putting it close to 2018 levels of $4.8 billion but still far behind 2019’s spending of more than $6 billion. In 2020, as the pandemic shut down travel – ...