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Faye: Travel insurance dos and don’ts for severe weather

Faye

Reading Time: 4 minutesUS / Worldwide: During a summer so far defined by natural disasters [e.g. wildfires in Greece, floods in Italy, droughts in Southern Europe], flight delays and cancellations, and pilot shortages, Elad Schaffer of travel insurtech Faye, discusses the dos and don’ts when offering travel insurances for hospitality providers.

Expedia lays off US and Czech staff in “targeted actions”

Expedia

Reading Time: 2 minutesUS / Worldwide: Expedia Group has laid off an undisclosed number of team members in the United States and abroad [including in Czechia], in departments including travel operations, support, IT, recruiting, marketing and B2B services.

Travel insurtech Faye lands $10m in Series A funding

Faye

Reading Time: 2 minutesIsrael / US: Travel insurance startup Faye has announced that it has raised $10 million in Series A funding, just a year after launching its product in the United States, bringing the company’s total funding to date to $18 million.

AirDNA: US short-term rental market ends 2022 on high note

AirDNA

Reading Time: 2 minutesUS: The US short-term rental market rang in the new year with strong demand, with 19.8 per cent more nights stayed in December 2022, more than the 16.7 per cent year-over-year growth for November, according to AirDNA.