alt="koala-insurtech-funding"  title="koala-insurtech-funding"
News / Startups
Koala secures €2M for insurtech expansion in Europe
By Linda Fox March 29, 2023
Existing investor Insurtech Gateway led the round with new investors Uneti Ventures, Slimmer AI and Sterling Oak also participating. Read More
 alt="American Airlines"  title="American Airlines"
News / Distribution
American Airlines launching NDC plan over objections
By Robert Silk - Travel Weekly March 29, 2023
American Airlines will move forward with its controversial plan to make some of its content available only to travel agencies booking through a new distribution capability connection.   Read More
News / Technology
Destinus heads €12M Spanish effort to boost hydrogen flight
By Derek Catron March 29, 2023
Last June Destinus and Spanish engine manufacturer ITP Aero agreed to jointly develop a hydrogen engine test facility to showcase their research in hydrogen combustion.... Read More
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
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
IATA leads effort to boost representation of women in aviation
The trade association for the global aviation industry is spearheading a voluntary initiative, called... Read more
News / Technology
Journey Hospitality acquires well-being tech specialist Premier Software
Journey says the acquisition will enable it to further help hotels boost direct revenue... Read more
News / Technology
Duve to launch ChatGPT tool for guest communications
The company, which plans to launch DuveAI in the second quarter of this year, says it will enable... Read more
Interview / Startups
STARTUP STAGE: Orbzii wants to make travel planning easier
App-based Orbzii brings together flights and hotels and employs artificial intelligence to enable... 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 / Online
Travel Talk: How the ROI of hotel business is shifting
Jeffrey Weinstein, editor in chief of the recently launched Hotel Investment Today, speaks about... Read more

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