hotels

Further Fuel Price Hikes Could Stall Travel Sector’s Recovery

Further Fuel Price Hikes Could Stall Travel Sector’s Recovery
Further Fuel Price Hikes Could Stall Travel Sector’s Recovery
March 14, 2022  |  Travel Payments

Seems strange to say somehow, but we all need a vacation in 2022. How we approach that will depending on factors ranging from gas prices...

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Selfbook Completes $15M Series A Fundraising Round Extension
Selfbook Completes $15M Series A Fundraising Round Extension
March 08, 2022  |  Investments

Hotel payment software startup Selfbook on Tuesday (March 8) wrapped up a $15 million extension of its Series A financing round, bringing the total to...

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Hotels Offer Perks, Discounts for ‘Super Commuters’
Hotels Offer Perks, Discounts for ‘Super Commuters’
March 03, 2022  |  Travel Payments

The pandemic, as it goes into its third year, with remote work shifting to hybrid models, will cause more people to check into hotels to...

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India’s Oyo Hotel Startup to Target $9B Valuation in IPO
India’s Oyo Hotel Startup to Target $9B Valuation in IPO
January 19, 2022  |  Startups

Indian startup Oyo Rooms is going public, seeking a $9 billion valuation, Bloomberg reported, citing unnamed sources. The SoftBank Group Corp.-backed hotelier is expected to...

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Trivago: Hotel Cancellations Up 35% Due to Virus Variant
Trivago: Hotel Cancellations Up 35% Due to Virus Variant
December 14, 2021  |  Economy

Hotel booking cancellations are on the rise due to concerns over the most recent spate in COVID-19 restrictions alongside the arrival of the Omicron variant,...

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NYC Hotels Facing Unhappy Holidays
NYC Hotels Facing Unhappy Holidays
November 24, 2021  |  Travel Payments

This time of year is normally a happy one for New York City hoteliers, with international travelers flocking to experience the winter holidays in the...

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Booking Holdings Acquiring Hotel Room Distributor Getaroom 
Booking Holdings Acquiring Hotel Room Distributor Getaroom 
November 12, 2021  |  Partnerships

Booking Holdings Inc. on Friday (Nov. 12) agreed to acquire B2B hotel room distributor Getaroom from Court Square Capital Partners for about $1.2 billion and...

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With US Travel Ban Lifted, Cities, Hotels, Homeshares Compete for Int’l Tourists
With US Travel Ban Lifted, Cities, Hotels, Homeshares Compete for Int’l Tourists
November 11, 2021  |  Travel Payments

After more than an 18-month wait, the ending of broad pandemic-era restrictions has spawned a flurry of activity and excitement amongst hotels, airlines and essentially...

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