Expedia Group posts highest ever Q2 revenue and profit
Expedia Group’s second quarter financial report includes several records for the global travel company – with the highest ever revenue and adjusted EBITDA for Q2, as well as the highest lodging bookings in the company’s history.
Revenue in the quarter was $3.2 billion, up 51% year-over-year [...]
The Wrap: Cheers all round as Q2 earnings soar for travel brands
GOOD news all round as major travel companies report buoyant results for their second quarter. Here’s a wrap of the latest earnings from Phocuswire over the past week.
Airbnb achieves most profitable Q2 in history
Airbnb says its financial results for the second quarter of this year prove the co [...]
D’EDGE names Accor marketing veteran as new MD APAC
D-EDGE Hospitality Solutions has named Accor marketing veteran Emilie Couton as APAC managing director, replacing Christine Tan, who led the business for seven years.
Couton was formerly with Accor, covering sales, digital marketing, guest experience and loyalty roles, over 20 years, the last [...]
DayAway launches Genesis, NFT-enabled membership with immediate utility
“The Bucket List” in the works to be auctioned as 1:1 NFTs
DayAway, the platform established in 2021 to discover and book luxury daytime experiences, is on a renewed mission to transition its Web2 business to the open and decentralised Web3.
Taking the experience economy into the metave [...]
Google Trends point to resurgence of travel in South-east Asia
IN its latest e-Conomy SEA findings of July 2022, Google's travel industry spotlight reported that search demand for international travel in June surpassed 2019 pre-pandemic levels across South-east Asia.
South-east Asia was the second fastest growing travel destination area – with Singapor [...]
PTT OR takes stake in Traveloka to expand into travel
AS part of its bid to expand into the travel sector and to become a one-stop lifestyle solution, PTT Oil and Retail Business Public Company Limited ("OR") will invest in Traveloka, through its subsidiary, PTTOR International Holdings (Singapore) Pte Ltd.
Its website describes PTTOR as engaging � [...]
Trip.com sees rise in bookings in Europe, SE Asia; app-first strategy pays off
TRIP.com, riding on the back of travel recovery in the rest of the world outside China, is reporting healthy growth in bookings in Europe and South-east Asia as well as strong app downloads, helped by its app-first strategy.
Apptopia, the app analysis firm, listed it as the 10th most downloaded [...]
Travellers seeking inclusive choices but not seeing enough in advertising
Expedia's new reports says 7 in 10 willing to pay for more inclusive choices
NEW data released by Expedia Group™ Media Solutions shows that seven in 10 consumers are willing to pay more when making a travel choice that is more inclusive to all types of travelers. Furthermore, 78% of consumers sai [...]
Tripbtoz, after Series B raise, looks to expand to Singapore, San Francisco
AFTER its Series B fund raise of six billion won (about US$4.6 million) last November, Seoul-based OTA, Tripbtoz, is planning to take its video-based travel app outside South Korea. To date, the startup, founded in 2017 by former Expedian Jiha Jung, has raised 10.5 billion won (about US$8 million).
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No Series B clinched yet, but founders of HalalBooking undeterred in goal to reach $1b target
“Being largely self-funded forces you to make tough choices”
TO raise venture capital or not to – that’s the question the two co-founders of HalalBooking, the UK-based search and booking website for halal-friendly travel, have wrestled with at various points of their eight-year startup jour [...]
