Why Etraveli’s Airline Tech Deal Could Catch Airbnb’s Eye

Some developers at work in the Athens, Greece, office of Etraveli, an online travel group based in Sweden. Hopefully they take better care of the software code than the fish in that fish tank. Etraveli Skift Take: We don’t know much about Airbnb’s thinking about launching a flights product, but an unrelated acquisition by Etraveli … [Read more…]

Expedia Settles With U.S. Government Over Cuba Travel Allegations

A building housing Expedia in Bellevue, Wash. Expedia has agreed to pay more than $325,000 to settle U.S. government allegations that it improperly helped people travel inside Cuba or between the island and places other than the United States. The Treasury Department announced the agreement and settlements with several other companies on Thursday, June 13, … [Read more…]

General Atlantic Buys Startup Kiwi.com in Travel Tech Play by Private Equity

A view of a common area at the offices of travel tech company Kiwi.com, which is located in a business park in the suburbs of Brno and was designed by Kaplan Architects. General Atlantic, a private equity firm, has taken majority control of the company. Kiwi.com Skift Take: A top-tier private equity firm like General … [Read more…]

AirAsia Wants to Build an E-Commerce App That Will Overtake Its Airline Biz

Aireen Omar, AirAsia’s group deputy chief executive. Southeast Asia’s biggest budget carrier is in talks with partners to build an online travel sales service beyond offering airplane tickets. Ian Teh / Bloomberg Skift Take: At Skift Forum Asia, AirAsia’s deputy CEO said she was confident that becoming an online travel reseller was “very doable.” The … [Read more…]

Jumia IPO Highlights Africa’s Shifting Online Travel Ecosystem

Jumia co-CEO Sacha Poignonnec, left, applauds as Jumia Nigeria CEO Juliet Anammah, center, rings a ceremonial bell when the company’s stock begins trading, on the floor of the New York Stock Exchange, Friday, April 12, 2019. Jumia has a travel unit that faces competition with regional and global rivals. Richard Drew / Associated Press Skift … [Read more…]

Hostelworld Ditches 50 Cent and Mariah Carey in Bid for Growth

One of Hostelworld’s old celebrity ad campaigns. The company plans to become more focused on core customer acquisition. Hostelworld Skift Take: Newish CEO Gary Morrison hasn’t minced words when it comes to what he sees as the company’s past failings. — Patrick Whyte Leather Passport Holder Cover Travel case Wallet USA Emblem Gold $2.79End Date: … [Read more…]

What Happened to the HotelTonight Clones?

Sam Shank, CEO of HotelTonight, speaking at the Skift Global Forum in New York City on October 9, 2014. Skift Skift Take: In light of Airbnb buying HotelTonight, Skift looks back at the many copycats of the mobile-first hotel booking agency. Where are they now? — Sean O’Neill Leather Passport Holder Cover Travel case Wallet … [Read more…]

Despegar Surfs Rising Wave of Mobile Travel Bookings in Latin America

Damián Scokin, CEO of Despegar, speaking at a travel industry event. In 2018, Despegar, Latin America’s largest online travel agency, reported $531 million in revenue, which was flat year-over-year growth. Yordi Muñoz Rivera / Despegar Skift Take: The Argentine economic crisis continues to drag on Despegar, but the online travel agency’s continuous investment in mobile … [Read more…]

Saudi Arabian Travel Firm Al Tayyar Aims to Expand

An agent checks in a customer at a Dubai, United Arab Emirates-based travel agency branded Al Tayyar Travel. The company has been focusing on finding new revenue and profit streams, and it may sell a business unit to Uber, Bloomberg reports. Al Tayyar Travel Group Skift Take: One of the kingdom’s largest travel companies, Al … [Read more…]