alt="Lyft CEO transition"  title="Lyft CEO transition"
News / Online
Tech industry veteran to take wheel as CEO of Lyft
By Kathryn Walson March 28, 2023
Since 2009, former Amazon and Microsoft executive David Risher has been CEO of Worldreader, a San Francisco-based nonprofit whose mission is to improve reading outcomes in children ages 3-12. Read More
 alt="cabify-110M-round"  title="cabify-110M-round"
News / Online
Cabify closes $110M round, looks to further expansion
By Linda Fox March 28, 2023
The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua Madrilena to acquire a 1.26% stake in the company last year. Read More
News / Startups
Reeco checks in with $10M for hotel supplies marketplace
By Linda Fox March 28, 2023
The investment in the Israel-based company was led by Net Capital Ventures and Joule Ventures while a number of angel investors also participated.... Read More
News / Online
Yatra says corporate travel driving its growth
By Linda Fox March 28, 2023
   The company announced revenue of $10.9 million, up 44% year over year while adjusted revenue was $18 million, up 43% year over year. ... Read More
News / Technology
Journey Hospitality acquires well-being tech specialist Premier Software
By Linda Fox March 27, 2023
Journey says the acquisition will enable it to further help hotels boost direct revenue opportunities. ... Read More
News / Technology
Duve to launch ChatGPT tool for guest communications
By Linda Fox March 27, 2023
The company, which plans to launch DuveAI in the second quarter of this year, says it will enable “hoteliers and hosts to interact with their guests like never before.”... Read More

News / Online
Online travel giants spent more than $14B on marketing in '22
Combined marketing spending by Booking Holdings, Expedia Group, Airbnb and Trip.com Group exceeded... Read more
News / Technology
Expedia, Kayak first in travel with plugins for ChatGPT
ChatGPT is inviting its Plus subscribers to join a wait list to get access to plugins, with plans to... Read more
News / Online
Travel marketers still seeking higher TikTok profiles
Blueground job listing for content creator provides a high-profile example of travel’s efforts to use... Read more
News / Online
WATCH: Visualization of revenue for digital travel brands through 2022
From a revenue standpoint, 2022 was an up year for most online travel brands, with many reporting... Read more
News / Online
Steller acquires influencer marketing company Travel Mindset
Steller, founded in 2014 and based outside Seattle, says it is capitalizing on the growing role of... Read more
News / Distribution
Mystifly lands $8M to boost airline distribution tech
Mystifly, which was founded in 2009, enables travel intermediaries to access airfares via its... Read more

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