Travel Technology

D-Edge needs a financial partner besides Accor to fuel its dreams of hotel tech expansion. Expect other hotel groups to join Accor in rethinking their tech plays.

You can't really talk about a global recovery for the travel sector overall. Regions are out of sync, reveals new data from Travelport. Companies are affected differently, depending on their market exposure.

The travel sector's slo-mo refund process has infuriated everyone. So the crisis is upending the dull business of how money is sent among travel companies, resellers, tech vendors, and financial institutions.

Business travel is often dreaded by perpetual road warriors, but that’s not true for Valentina Frassi. Except when there's a pandemic, Frassi travels the world recording iconic scenes of major landmarks that most people can only dream of seeing.

A desperate urge to help get the travel sector back on its feet could give some companies a singular purpose, spurring innovation despite the pandemic's hit to revenues.

Virtual reality has been the next big thing for years, and it always will be. But despite skepticism, the technology shows a potential to help the travel sector in a few specific, high margin cases.

The U.S. travel rate climbed to 24% in May, after dipping to 19% in April. However, a full travel recovery might take a very long time as more people start to realize COVID-19 is a longer-term battle.

Vista, the investor behind this merger of airline tech vendors Accelya and Farelogix, is no private equity tourist. The firm has committed tens of billions to technology businesses, and it shows signs of having the wherewithal to grow Accelya into a long-term player in airline tech services.

Forget animatronic robots. But software that replaces repetitive tasks that white-collar workers do in back-offices, tracking devices that can alert when hand sanitizers are empty, and mobility scooters that drive themselves are some of the examples of automation that may be worthwhile.

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