Separating Hype From Emerging Tech’s Real Shortcomings Post-Crisis: New Skift Research

Conference attendee tries using the latest VR goggles in Munich, Germany Stephan Sorkin / UnsplashSkift Take: Not all tech is worth the hype. But then again, the current crisis will likely accelerate the adoption of some worthwhile emerging technologies. It’s important to know how this will impact the travel industry. We’ve set out the most…… Continue reading Separating Hype From Emerging Tech’s Real Shortcomings Post-Crisis: New Skift Research

Travelport, IBM and BCD Travel Use Blockchain to Manage Hotel Commissions

Pool at Loews Santa Monica Beach Hotel. Loews HotelsSkift Take: Blockchain isn’t as hyped up as it used to be during the bitcoin craze, but companies are still finding its function as a secure ledger useful. If this catches on, it could provide some much-needed transparency to the hotel reconciliation process. — Isaac CareyRead the…… Continue reading Travelport, IBM and BCD Travel Use Blockchain to Manage Hotel Commissions

Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings

Booking Holdings and Uber are among travel and transportation companies backing a new cryptocurrency from Facebook. BloombergSkift Take: Booking Holdings wants to be an innovator and supporter of alternative payments systems given its presence in emerging markets, especially in Asia. So it is understandable that Booking would want to be a first mover in Facebook’s…… Continue reading Facebook’s Cryptocurrency Offering to Get Backing From Booking Holdings