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Articles tagged “travel technology”

Online Travel

Travelport Strikes Deal With Creditors That For Now Could Save It From Bankruptcy

The existence of the deal, previously unreported, should reassure anyone about the travel tech company's near-term stability.

Travelport Strikes Deal With Creditors That For Now Could Save It From Bankruptcy

Online Travel

Airports and Rail Operators Prioritize Some Touchless Technologies Over Others

Vendors are getting creative with pandemic-related services, like the following: Passport control via facial recognition. Contactless elevators. Food-ordering without needing an app. Luggage disinfection via ultraviolet light. Mask-detecting robots.

Airports and Rail Operators Prioritize Some Touchless Technologies Over Others

Online Travel

Travelport Receives $500 Million in Fresh Financing From Private Equity

The cash injection will give the travel technology firm Travelport some breathing room as it fights payments tech firm Wex over a transaction dispute.

Travelport Receives $500 Million in Fresh Financing From Private Equity

Online Travel

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Investors should be relieved CarTrawler managed to get a deal done at all in today’s tough mergers-and-acquisitions market. The debt write-off has set up the travel tech company for promising momentum.

Car Rental Listings Service CarTrawler Gets Debt Relief Thanks to New Private Equity Owner

Business Travel

Travel Bellwether Amadeus’ Booking Data Reveals the Industry’s Scars

Amadeus has seen a dramatic drop in the plane tickets booked and passengers processed through its systems. Its latest results show the broader impact on carriers worldwide and signal the wallop still awaiting.

Travel Bellwether Amadeus’ Booking Data Reveals the Industry’s Scars

Online Travel

Travel Megatrends 2020: Travel Payments Find Path to Painless

Global payments technology and rules are changing swiftly, led by seamless innovations in Asia that are making life easier for consumers. Travel companies of all sizes are finally taking action in order to stay competitive.

Travel Megatrends 2020: Travel Payments Find Path to Painless

Airlines

Legacy Airlines Look to Asia for Travel Technology Innovations

Traditional airlines don’t ever want to be caught unprepared again, as they were when low-cost carriers disrupted their gig. And Asia is where they look to for a head start on travel tech innovations. Never see legacies as geriatric ever again.

Legacy Airlines Look to Asia for Travel Technology Innovations

Mergers and Acquisitions

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Switchfly, a travel tech firm specializing in loyalty and e-commerce upselling, has been taken over by private equity firms Golub Capital and L Capital.

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Online Travel

Travel Tech CEO Series: Travelport Is Doubling Down on Its Payments Business and on Distribution, Too

In his first Q&A with Skift, President and CEO of Travelport Gordon Wilson acknowledges that suppliers are no longer as dependent on distribution technology companies as they once were. He makes a persuasive case that better meeting the needs of suppliers is the way to thrive.

Travel Tech CEO Series: Travelport Is Doubling Down on Its Payments Business and on Distribution, Too

SkiftX

The Airline Industry’s Tech Problem — Digital Marketing News This Week

Technology-driven innovation has done wonders for airline industry stock prices. But is that innovation also doing wonders for passengers? Right now the answer seems to be no.

The Airline Industry’s Tech Problem — Digital Marketing News This Week