Kevin May
PhocusWire
United Kingdom
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Past articles by Kevin:
Amadeus pockets highest revenue quarter in two years
The Spain-based distribution and technology giant is still suffering from the impact of the coronavirus, with the quarter's revenue pegging at 65% of the same metric in Q1 2019. → Read More
Listening to travel brands this week, the silence on sustainability is deafening
Much needs to change in the minds of executives in this industry and in the banking community, alongside the decisions being made by consumers. Simply providing information to influence consumer choice is no longer enough. → Read More
Arrivalist signs $2M debt financing investment round
The non-dilutive debt financing program is the fifth round of support that the U.S.-based company has received to-date from Lighter Capital. → Read More
Uber hits record $6.9B revenue for a financial quarter
The delivery arm business attracted almost $14 billion in gross bookings year on year in Q1, with mobility at $10.7 billion (up 58% year over year). → Read More
Sensible Weather warms up with $12M round, plots expansion of travel guarantee tools
The Series A is being led by Infinity Ventures, with participation from Certares Ventures and previous backers Wonder Ventures and Group1001. → Read More
One in five Airbnb stays over 28 days, revenue hits $1.5B for Q1 2022
The U.S.-based home-sharing and alternative accommodation giant saw revenue increase by 70% year-over-year and 80% higher than corresponding quarter in 2019 ($839 million). → Read More
VacayMyWay claims a first with rewards program for rentals
Travelers will earn one point for every $1 they spend on a booking with the U.S.-based startup. Points can be redeemed on future reservations made on the site over the course of the next 12 months. → Read More
P&O Cruises gives shore excursion retail to Musement
TUI-owned Musement will run the shore excursion ticketing for P&O Cruises and Cunard, following a trial with passengers on trips taken on the Azura ship. → Read More
Pandemic-hit Lyric spins off Wheelhouse, raises $16M funding
Wheelhouse is positioning itself as a revenue management and business intelligence service for property management companies in the alternative accommodation sector. → Read More
Campspace pegs €3M round, acquires German competitor Pop-Up Camps
The debut round was led by VNV Global, with David Vismans (previously chief product officer at Booking.com) and Andrea Carini supporting the round as angel investors. → Read More
Expedia Group joins Prince Harry's Travalyst sustainable travel coalition
Expedia Group will sit alongside arch rival Booking Holdings, Trip.com group, Skyscanner, Tripadvisor, Google and Visa in the coalition of companies first created by Prince Harry in 2019. → Read More
Omri Morgenshtern replaces John Brown as CEO at Agoda
The new boss is currently chief operating officer at the Booking Holdings-owned, Asia Pacific-focused online travel agency, taking on the new role from July 1. → Read More
AirAsia and Google unite to push super app potential
Google Cloud tech will be deployed to ensure users can access services at any time and on any device, with external tech companies given the ability to develop new functionality. → Read More
Hostelworld ends 2021 with uptick in financial performance
Net revenue during 2021 increased by 10% to €17 million, up from €15 million in the pandemic-hit 2020. → Read More
Online travel giants ramped up marketing spend in 2021
The amounts being splashed out on various forms of advertising activity are not at the same levels of 2019, understandably, but the tried and trusted methods are back in vogue. → Read More
Dohop secures new investment round to bolster interlining tech
The top-up investment will be used to continue development of its interlining technology platform, giving airlines and other transport providers the ability to sell complex itineraries without the need for code sharring or traditional interline agreeements. → Read More
Are online travel companies moving too slowly on sustainability?
Some might suggest that the power such companies have (any brand that can spend millions of dollars on marketing should be considered to have some considerable influence on consumers) is yet to be fully utilized. → Read More
Lastminute.com Group ends 2021 with 10% boost to revenue
The online travel agency and metasearch brand says revenues and margins are coming close to pre-pandemic levels. → Read More
DRCT raises $500,000 seed round, plans to scale up with additional funds
The Malta-based company raised the seed round from an unnamed angel investor in the aviation sector, giving it a claimed valuation of $5 million. → Read More
Nonius acquires Criton in hotel tech roll-up
Criton claims it is the largest provider of hotel guest apps in the U.K., working with the likes of Cheval Residences, Sunborn and Devonshire Hotels. → Read More