Online Travel Update: Expedia Partner Solutions offers carbon neutral hotel stays; traditional offline travel management companies offer new technologies; Amazon ads target travel companies | Foster Garvey PC

Traditional offline travel management companies introduce new technologies
(“TMCs Reveal Technical Improvements in GBTA,” November 17, 2021 via Business Travel News)
(CWT Plans $100M Technology Investment,” November 16, 2021 via Phocus Wire)
Last week, two stories detailed the investments some of the largest traditional offline travel companies are making in new travel technology. At the World Business Travel Association conference last week, travel management firms BCD Travel, Corporate Travel Management and TripActions announced new technologies focused on managing risk and trip disruption. The new mobile application, passenger notifications and risk-based flight approval system are designed to address customers’ COVID travel risks and their safety and well-being concerns. Separately, CWT – after a day of Chapter 11 bankruptcy – announced plans to invest $100 million in its myCWT travel management platform, which includes improvements to the online hotel booking experience.

Amazon ads target travel companies
Amazon ads want to help travel clothing by sharing their customers’ buying habits,” November 17, 2021 via Skift Travel News) (Subscription may be required)
For the past 18 months, Amazon Advertising (Amazon Advertising) has targeted businesses in the travel and hospitality industry. The new advertising program allows customers to leverage Amazon’s wealth of customer data (think Prime members buy baggage tags or travel guides) to deliver targeted advertising to users of Amazon’s many platforms (including Alexa).

Other news:

Wyndham Hotels Signs Distribution Agreement with
November 18, 2021 via Hotel Management – Hotel News
More than 9,000 hotels managed by Wyndham Hotels & Resorts worldwide can now be searched and booked on after the two parties signed a comprehensive distribution agreement to sell hotel inventory across its portfolio of websites.

TravelBank acquires US Bancorp
November 17, 2021 via Phocus Wire
TravelBank will become part of Bancorp’s US business portfolio following the acquisition announced last week. Details of the deal were not disclosed. US-based TravelBank, a member of the 2020 PhocusWire Hot 25 Travel Startups group, is a travel and expense management platform.

Green Travel: Booking Holdings launches a new sustainability badge for accommodations
November 16, 2021 via Yahoo Finance – Top Stories
Glenn Vogel, CEO of Booking Holdings, is joining Yahoo Finance Live to discuss the travel company’s new feature to help consumers find hotels and accommodations that apply sustainable practices.

Welcome to Hot 25 Startups of 2022
November 15, 2021 via Phocus Wire
PhocusWire presents Hot 25 Travel Startups for 2022 – the annual list of new companies in the travel, tourism and hospitality industry that they believe will make an impact next year.

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