Hugo Pellegrin

🌐 In 2024, Booking.com had over 16,000 certified accommodations, which increased to 25,000 in 2025. Danielle D’Silva highlighted a 2025 focus on supporting partners' sustainability certification via the "partner pathway." 67% of global travelers are interested in tech solutions to mitigate overtourism. 38% seek better transport infrastructure. By 2025, tourism sustainability is crucial for 79% of travelers, and 73% want their spending to aid local communities. Collaboration in the industry is key for meaningful solutions.

💵 MakeMyTrip announced plans on June 16, 2025, to raise over €2.2 billion ($2.6 billion) to buy back shares from Trip.com Group. This involves issuing 14 million ordinary shares, with an option for 16.1 million, and $1.25 billion in senior convertible notes, potentially increasing by $187.5 million. This reduces Trip.com's voting power from 45.34% to below 20%, cutting board members from five to two. Morgan Stanley and J.P. Morgan Securities are coordinating the deal.

🗺️ À VivaTech 2025 in Paris, the travel industry showcased innovation through the Travel Tech Hub, organized by Eventiz, featuring 17 exhibitors including Accor and Club Med. Political figures like Nathalie Delattre launched initiatives such as the third call for interest from France Tourisme Tech. Key advancements involve AI integration in processes by companies like Vinci and RATP. Accor explores partnerships like with Expedia to combat the influence of tech giants like OpenAI, while Mistral AI's partnership with NVIDIA emphasizes Europe's aim for AI sovereignty.

💰 Canary Technologies raised €69 million ($80 million) in a Series D funding round, just 12 months after a $50 million Series C. The round was led by Brighton Park Capital and values the company at $600 million. Canary Technologies supports over 20,000 hotels in 100+ countries, partnering with brands like Marriott and Wyndham. The funds will enhance AI solutions like AI Voice and Webchat, and boost global expansion efforts in the hospitality sector.