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REVENUE (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of disaggregation of revenue
The following table presents revenues by segment, underlying travel product and sales channel for the fiscal years ended December 31, 2023 and 2022 (in thousands):
Year Ended December 31,
20232022
Travel Marketplace revenues$222,075 $157,473 
Travel Transaction revenues208,842 145,154 
Air$125,982 $144,459 
Travel Package46,434 57 
Hotel26,805 222 
Other9,621 416 
Fintech Program revenues13,233 12,319 
SaaS Platform revenues$1,250 $2,011 
Subscription services revenue1,250 2,011 
Revenues, net$223,325 $159,484 
The following table presents the Travel Marketplace segment by sales channel for the fiscal years ended December 31, 2023 and 2022 (in thousands):
Year Ended December 31,
20232022
Transaction through affiliates and with customers$213,892 $123,746 
Transactions from travelers’ direct bookings8,183 33,727 
Travel Marketplace revenues$222,075 $157,473 
Opening and closing balances of accounts receivable and deferred revenue
The opening and closing balances of accounts receivable, contract assets and deferred revenue are as follows (in thousands):
Accounts ReceivableContract
 Asset
Deferred
Revenue
Ending Balance as of December 31, 2021$10,178 $3,935 $20,738 
Increase/(decrease), net11,555 1,859 (254)
Ending Balance as of December 31, 202221,733 5,794 20,484 
Increase/(decrease), net 93,796 7,434 (3,001)
Ending Balance as of December 31, 2023$115,529 $13,228 $17,483