Travel app Hopper has secured a $96 million follow-on investment from Capital One, which led its Series F round in March 2021, and Hopper said it will use the funds to accelerate its growth across several fronts. For one thing, Hopper will continue to add...
The world’s largest homesharing platform says economic concerns and conditions are fueling growth in both travelers and hosts, albeit for different reasons. Speaking to investors in the wake of reporting record Q3 revenues, bookings, and profits, Airbnb Co-founder and CEO Brian Chesky explained the drivers...
As more consumers and companies size up Latin America for its ample opportunities, the need for speedy cross-border payments, aided by localization, will be close behind and key to unlocking that potential. This is particularly true for international travel into the region, as well as...
Uber is piloting a new advertising model in California and will display ads on tablets attached to the back of seats as part of the rideshare and delivery company’s latest push to drive revenue. The newly unified advertising division led by Dr. Mark Grether, General...
Tourist-heavy cities have seen more revenue from taxes on overnight hotel stays compared to other cities relying on business travel. Cities like Orlando, Oahu and others have reaped the benefits of the current environment, the report says, while those focused on commercial travel, such as...
Two years into the great digital shift, there’s a clearer picture emerging of how age-old, analog businesses — the mainstays of the economy — are becoming ever-more streamlined and efficient. Nowhere is that more apparent than in the trucking industry, where moving freight more quickly...
Around the world, digital platforms are helping to transform the road freight industry by optimizing trucking operations for maximum efficiency. As a sign of the model’s success, one such platform, U.S.-based Convoy, now connects shippers and freight brokers to a national network of 400,000 trucks...
When they say “pent-up travel demand” they mean it, as consumer use of airline booking apps and websites rose by double digits in the second quarter of 2022, signaling both a strong desire to travel despite inflation, and the increasing digital transformation of how travel...
Debt recovery platform Receeve announced it has been selected by buy now, pay later (BNPL) travel firm Fly Now Pay Later for its collections and recovery management solution. “The Fly Now Pay Later team is embracing a fast-paced global growth plan capitalising on rising travel...