travel industry

Lighthouse Debuts AI-Powered Solution for Independent Hoteliers
Lighthouse Debuts AI-Powered Solution for Independent Hoteliers
July 18, 2024  |  Travel Payments

Hospitality/travel industry commercial platform Lighthouse has debuted an artificial intelligence (AI)-powered solution. Channel Manager, announced Thursday (July 18), is designed to erase what the company...

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Southwest Expects Lower Pricing Power as Airlines Add Capacity
Southwest Expects Lower Pricing Power as Airlines Add Capacity
June 26, 2024  |  Transportation

Southwest Airlines is experiencing reduced pricing power because airlines have added flights and seats. The company said in a Wednesday (June 26) filing with the...

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Eclipse Spotlights a Revenue Opportunity for Travel Sector
Eclipse Spotlights a Revenue Opportunity for Travel Sector
April 07, 2024  |  Travel Payments

This week’s eclipse could mark a bright spot for companies in the travel sector. As Reuters reported Friday (April 5), parts of the U.S. that...

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AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
AI-Powered Chatbots and Searches Punch Travel Industry’s Ticket
March 11, 2024  |  Artificial Intelligence

Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the...

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Klarna Pushes Deeper Into Travel Sector With CarTrawler Partnership
Klarna Pushes Deeper Into Travel Sector With CarTrawler Partnership
December 13, 2023  |  Buy Now Pay Later

Klarna says it has teamed with business-to-business (B2B) car rental solutions company CarTrawler. The partnership, announced Wednesday (Dec. 13), lets travelers use Klarna’s buy now, pay later...

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Airbnb Acquires AI Startup to Build ‘Ultimate Travel Agent’
Airbnb Acquires AI Startup to Build ‘Ultimate Travel Agent’
November 14, 2023  |  artificial intelligence

The economy’s ongoing digital transformation has completely reshaped the travel sector.  Gone are the days of sifting through countless travel websites and agonizing over the...

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Private Equity Firm TPG Enters Vacation Rental Market in Florida
Private Equity Firm TPG Enters Vacation Rental Market in Florida
November 07, 2023  |  Real Estate

Private-equity firm TPG has made a significant move into the vacation rental market by acquiring single-family homes in Florida and offering them for nightly rentals...

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Expedia Group Reports Record Revenue Amid Solid Travel Demand
Expedia Group Reports Record Revenue Amid Solid Travel Demand
November 02, 2023  |  Earnings

Expedia Group reported record revenue in the third quarter amid solid travel demand. While travel demand in North America and Europe remained stable, the Asia-Pacific and...

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Airbnb CEO Says Gen AI Can Turn App Into ‘Ultimate Travel Agent’
Airbnb CEO Says Gen AI Can Turn App Into ‘Ultimate Travel Agent’
November 01, 2023  |  Earnings

Airbnb announced its third-quarter earnings on Wednesday (Nov. 1), marking a profitable quarter driven by a record summer travel season and robust growth in both active...

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