Don’t waste time scrolling down on dozens of different news sources to keep up with the industry! On our monthly digest, you can find the highlights of the past month on travel technologies in under a 5-minute read.
We wish you good reading!
Airbnb is worth more than the 3 largest hotel chains
On its highly anticipated public market debut on December 10th, Airbnb’s stock took off closing at $144.71 per share. Now, Airbnb is worth more than the combined market capitalization of Hilton Worldwide Holdings, Marriott International, and Intercontinental Hotels Group.
Google launches hub to aid destinations, hotels, and partners in recovery
As the travel industry tries to recover from the coronavirus, Google is launching “Travel Insights with Google”, which consists of three tools: Destination Insights, Hotel Insights, and Travel Analytics Center, to help industry stakeholders make better data-informed decisions.
The five emerging trip types of 2021
The worldwide pandemic not only caused people to cancel their travel plans in 2020 but also changed their travel behavior. According to Booking.com’s research, new trip types are emerging in 2021 like solo traveling, relaxing trips away from luxury, and quick weekend breaks.
Lockdown 2.0 sees ‘workcation’ surge by 350%
DayBreakHotels, a hotel booking platform, has introduced a ‘smart working’ service in the summer allowing remote workers to book a room as personal offices. Thanks to this innovative service, DayBreakHotels saw a 350% increase in bookings from business customers.
Tripadvisor and Phocuswright reveals top recovering destinations
Tripadvisor and Phocuswright conducted a joint study and released the report entitled “A Year in Travel: Charting the Travel Industry’s Path to Recovery”. The report provides data on travel planning behaviors and gives a unique insight into global travel trends.