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Through the acquisition, PROS will expand its services for airlines across all retail channels by adding Travelaer’s internet booking engine and NDC platform to the PROS portfolio. France-based Travelaer launched in 2013 with a focus to on “improving the customer experience across all phases of travel, read more

In yet another move to show its commitment to the vacation rentals business, OYO acquired data science business Danamica for an estimated $10 million. The Denmark-based company specializes in dynamic pricing of rental properties. As mentioned in Travel Tech Essentialist #8, Oyo wants to build the largest vacation rental business in Europe, and is planning [...]

The web was designed to be a document-sharing system. As a result, much of the data it contains is text-based, and has limited provisions for machine-readable, structured data that can be easily organized for humans at scale. The notable exception is extensible markup language (XML), which is primarily used by developers for business purposes. The [...]

Hospitality data intelligence provider OTA Insight has secured a major funding round - $20 million - in a bid to grow the company faster on a global basis. The round was led by Eight Roads Ventures and saw participation from F-Prime Capital Partners and some of its previous, unnamed backers. The U.K.-based company was created [...]

La Sociedad de Capital Riesgo Travel Tech I ha invertido en Servantrip para posicionarlo como el consolidador B2B de traslados y chofer por horas de referencia en el sector de viajes a nivel internacional. Servantrip, a través de su tecnología propietaria, proporciona a las agencias de viajes, tour operadores, líneas aéreas o bancos de camas, [...]