Mitra Sorrells, PhocusWire

Mitra Sorrells

PhocusWire

Orlando, FL, United States

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Recent:
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Past:
  • PhocusWire

Past articles by Mitra:

Vacasa lays off 1,300 to cut costs

Vacasa became a public company in December 2021, with a debut of $10.99. Tuesday its stock closed at $1.67. → Read More

American Express invests in hotel payment startup Selfbook

Along with the investment, Selfbook says it is exploring collaboration with American Express on things such as streamlining payments and helping hotels expand their offerings. → Read More

Blueground acquires Brazilian proptech startup Tabas

The acquisition, the first for Blueground, enables the company to enter the Latin American market. → Read More

“Nomadic traveler”-focused hospitality brand Selina goes public

Founded in 2014 and based in London, Selina’s portfolio includes 163 open or secured properties in 25 countries. → Read More

ATPCO commits to move industry to 80% dynamic fares by 2026

ATPCO estimates that approximately 15% of fares in the market today are dynamically generated. → Read More

Eric Hart departs Expedia Group, Williams-Sonoma exec named CFO

Hart will be replaced by Julie Whalen, who most recently was executive vice president and chief financial officer of Williams-Sonoma and has been a member of Expedia Group's board of directors. → Read More

Tripadvisor enables businesses to display "identity" attributes

Hotels and restaurants in the U.S. and Canada can select from eight attributes such as Black-owned, Indigenous-owned, LGBTQIA+-owned and woman-owned to display on their Tripadvisor profile. → Read More

Citi launches new travel platform with Booking.com

This is just the latest of many announcements in the past year from banks and financial firms launching or updating their travel offerings – a sure sign they see travel as a valued offering for their customers. → Read More

OYO adds European vacation rentals with acquisition of Danish operator

OYO's acquisition of Bornholm-based Bornholmske Feriehuse adds more than 730 homes to its DanCenter vacation rental brand. → Read More

Vacasa raises revenue, profitability guidance after Q2 beats forecast

Vacasa’s revenue in Q2 grew 31% year-over-year to $310 million and adjusted EBITDA came in at negative $2 million, head of guidance. → Read More

Holidu subsidiary Bookiply acquires Lohospo and my.IRS

The merger is an expansion of a long-standing partnership among Bookiply, Lohospo and my.IRS. → Read More

Expedia Group posts highest ever Q2 revenue and profit

Expedia Group revenue in Q2 was $3.2 billion - up 1% compared to Q2 2019 - and adjusted EBITDA came in at $648 million, up 14% versus the second quarter of 2019. → Read More

Google's three best practices to capture travel demand

As travel-related searches increase, Google offers tips on how brands can use data to drive bookings. → Read More

Airbnb posts record Q2 income of $379M on $2.1B revenue

Airbnb says growth in “Nights and Experiences booked” and strong daily rates drove revenue up 58% compared to Q2 2021. → Read More

Spotnana raises $75M Series B to grow cloud-based travel platform

Since its launch last fall, Spotnana says it has added several corporate customers, including Brex, as well as TMCs and technology partners using its system. → Read More

Lastminute.com plans CEO search, appoints interim amid COVID fraud probe

The investigation into Cannavale, Bertoli and two other executives relates to alleged misuse of COVID aid totaling $29.5 million over two years. → Read More

Airbnb co-founder Joe Gebbia steps back from operating role

Gebbia says he's making the move to pursue new ventures, including “a complementary product to Airbnb” - and his upcoming role as a new father. → Read More

Gordian Software raises $25M as revenue more than triples in six months

Founded in 2017, Gordian Software provides an API that enables companies including Hopper and Trip.com to sell ancillaries for the airlines available on their sites. → Read More

Banks look to travel to boost customer loyalty

Capital One, American Express and Revolut are among the banks partnering with travel brands. → Read More

Etihad launches NFT collection tied to loyalty program

Etihad says it will offset the carbon footprint of the project and use proceeds from the sale of the collection to purchase sustainable aviation fuel. → Read More