Latest Global Travel Technology News (July 2021)
In 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!
The comeback of corporate travel: How should companies be planning?
As the pandemic recovery begins thanks to the progress on vaccination, the article highlights four categories of business travelers: the “never left,” the “never returning,” the “fear of missing out”, and the “wait and see” segments and provides recommendations for key players to make effective plans.
Booking.com aims to remove payment friction through creation of fintech unit
Booking.com has created a fintech business to improve access to its travel marketplace for customers and partners. The company aims to “further remove financial friction from the travel process.” The unit will act as an independent business to develop new products and create potential new revenue streams.
More than 70% of European investors spend up to 5,000 USD on summer holidays
The investment platform Robo.cash conducted a survey to define the most common types of spending. The overwhelming majority of European investors intend to include summer vacation in their budget. 72.2% of them are willing to spend up to 5,000 USD and almost 7% are ready for bigger spendings.
Tools and partnerships to help travel recover and thrive
To ensure travel businesses and tourism officials have the information needed to continue recovery, Google launches Travel Insights with Google in the United States, a set of tools providing powerful insights into real-time travel demand.
5 tips to cutsmart competition in the post-COVID hotel market
Hospitality Insights by EHL shares 5 tips to gain an edge over competitors: understand post-pandemic guests’ behavior, make digitalization a priority, get the right tools for your ambitions, don’t sleep on online marketing, accept being proven wrong.
Younger travelers more likely to choose accommodation with inclusive policies
Research from Expedia Group shows travelers under 40, choose brands with a social conscience. The study reveals almost two-thirds of travelers are more willing to book accommodations that are owned by women or people of color and that welcome the LGBTQIA community and people with disabilities.