B2B software-as-a-service (SaaS) firm Tour Amigo announced Wednesday it has received $2 million during its seed funding round. The new capital will be used to bolster development, fuel its North America expansion and support enterprise clientele. Read more on #PhocusWire: https://bit.ly/3Tdny5N #travelnews #travelindustry #traveltech
PhocusWire
Online Audio and Video Media
New York, NY 12,390 followers
News on travel technology, distribution and the digital economy
About us
PhocusWire is a digital platform from Phocuswright, giving an editorial-led focus to the same trends that we've been overseeing with our market-leading events and research for two decades. PhocusWire covers and analyzes technology, distribution and the digital economy - the backbone of the travel, tourism and hospitality industry.
- Website
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http://www.phocuswire.com
External link for PhocusWire
- Industry
- Online Audio and Video Media
- Company size
- 11-50 employees
- Headquarters
- New York, NY
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Travel Technology, Travel Distribution, Innovation, Travel Startups, airlines, hotels, car rental, private accommodation, tours and activities, online travel agencies, travel investment, and travel marketing
Locations
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Primary
116 W 32nd St
14th Floor
New York, NY 10001, US
Employees at PhocusWire
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Stephen Joyce
Stephen Joyce is an Influencer Global Travel Lead at Protect Group | Empathic Leader | Travel Tech Builder | Startup founder | Speaker | Industry Analyst | DEI & Sustainability…
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Simone Puorto
NEW BOOK OUT NOW! bit.ly/watglitch ~ Cryptoterrestrial 👽. Published Author. Keynote Speaker. MBA lecturer. Founder @ Rebyū and Travel Singularity…
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Mileva (Leyla) Sapic
Graduate Student at New York University
Updates
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Hotel management company Life House is spinning out its revenue technology as an independent entity. The new company, which is called Diamo and will continue to be supported by Life House initially, is focusing on providing revenue management technology to small independent #hotels. Learn more on #PhocusWire: https://bit.ly/3MBw7Uu #travelnews #traveltech #travelindustry
Life House spins out revenue management tech as Diamo
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The #marketing spend of online travel giants continued to edge upwards in the second quarter, although there are signs diversification in spend is being taken seriously. This serves as a measure of the fierce competition in the market and the lengths online travel agencies continue to go to push consumers into the funnel at the top. Learn more on #PhocusWire: https://bit.ly/3zao0uX #travelnews #traveltech #travelindustry
Online travel giants hone in on social, mobile, loyalty
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eDreams ODIGEO is growing - thanks to its Prime subscription model, which launched in 2017. The news comes as the travel subscription company and e-commerce firm reported its first quarter earnings for the financial year 2025, which began April 1. EDreams noted strong growth thanks to Prime, which it claimed has “cemented its position” as the “world’s largest travel subscription service.” Learn more on #PhocusWire: https://bit.ly/4gdXuBr #travelnews #traveltech #travelindustry #travelsubscription
EDreams sees profitability bump from long-time subscribers
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In travel, social media plays a pivotal role in influencing trip decisions. But converting social media engagement into actual bookings can be a challenge. Part of a comprehensive consumer research study on how social media platforms are used for #travel, Phocuswright's F is for Funnel: Social Media and the Path to Travel Purchase explores the account types, content formats and tones that are most associated with travel conversions. Learn more about the study on #PhocusWire: https://bit.ly/3Z9XigA #traveltech #travelindustry #travelnews #socialmedia
Decisions guided by trust: Social media conversion in travel
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Yatra Online Ltd. has acquired corporate travel specialist Globe All India Services (Globe Travels) for just over $15 million. The acquisition boosts Yatra’s position in the corporate travel sector in India and adds approximately 360 corporate customers to the Indian online travel agency. Learn more on #PhocusWire: https://bit.ly/3Xg03dC #travelnews #travelindustry #traveltech #corporatetravel
Yatra acquires Globe All India, boosts corporate travel presence
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Short-term rental platform Boom is launching what it calls the world’s first artificial intelligence-powered property management system. The AI-powered platform had been operating as an add-on tool that integrated with property managers’ existing tech stacks. With the rollout of a booking engine, channel manager, operational tools and more, the platform functions as what Boom calls an “AiPMS” — capable of automating sales, operations, maintenance, review analysis and reputation handling. Read more about it on #PhocusWire: https://bit.ly/3XvPSmM #traveltech #travelnews #travelindustry #AI #propertymanagement
Boom launches AI-driven PMS for short-term rentals
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The #airline industry has long discussed sustainability efforts related to emissions, even before the International Air Transport Association’s 2021 pledge to reach net-zero by 2050. But according to the Q2 2024 Net-Zero Airline Ranking Results, the industry isn’t on track to its goals. Would looking at #sustainability efforts on a more holistic basis provide a more meaningful measure of progress toward net-zero? Learn more on #PhocusWire: https://bit.ly/4etb8iL #travelnews #traveltech #travelindustry
Should the airline industry be looking at sustainability more holistically?
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Booking.com is offering a fantasy come true for one winner in partnership with rapper Ludacris. ➡️ https://bit.ly/477ZBme United Airlines is looking to make every flyer a “main character,” according to its TikTok bio. But United has become a main character itself - at least on social media. ➡️ https://bit.ly/47aYGBO While it’s never been more exciting to be in product tech, with new tech such as generative artificial intelligence to spice things up even more, it’s also getting more challenging to fit a growing “multiverse” of products and content into a world of shrinking screens. ➡️ https://bit.ly/3T9MtHJ Read these articles in our Latest News section on #PhocusWire: https://bit.ly/3QLiG7I #travelnews #travelindustrynews #travelindustry
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This year much of the buzz has centered on AI agents – a more sophisticated version of a chatbot, if you will, that can not only answer questions and generate content but can also make decisions and take actions autonomously. ➡️ https://bit.ly/3X8SBAT https://bit.ly/3POLmLY Group said it believes artificial intelligence "stands to revolutionize the travel industry" as it delivered second quarter 2024 results. ➡️ https://bit.ly/3X5JSj2 Lost or delayed bags can ruin a vacation or a business trip. Fears of such a calamity even led IATA director general Willie Walsh to once go 35 years without checking a bag, Walsh confessed during a speech last fall in Chicago. ➡️ https://bit.ly/4e7rY6z Read these articles in our Latest News section on #PhocusWire: https://bit.ly/3QLiG7I #travelnews #travelindustrynews #travelindustry