Finance


xie zhu technology funding
Smart hotel specialist Xie Zhu Technology overcomes "capital winter" to raise $37M
By Steven Lerner | January 17, 2020
Xie Zhu Technology says it will use the funding for technology research and development, expanding into new markets in Southeast Asia and to prepare for a potential IPO in 2020.   Read More
News | Technology
Locale series a round
Boutique apart-hotel brand Locale captures $11M to spur expansion, production innovation
By Steven Lerner | January 15, 2020
The company says it will use the funding to invest in digital product innovation, hire executive-level talent and expand operations into new cities.   Read More
News | Online
ToursByLocals cover image
ToursByLocals survives decade of bootstrapping, raises $33M to accelerate growth
By Steven Lerner | January 13, 2020
Tritium Partners is leading the investment and is receiving a minority equity stake in the company. Read More
News | Distribution
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
By Steven Lerner | January 13, 2020
This latest investment, which is all equity, brings the company's total funding to date to €5 million.   Read More
News | Technology
Atta Inc image
Price-predicting app Atta raises $3M to strengthen Asia partnerships, marketing efforts
By Steven Lerner | January 10, 2020
Atta Inc. will also use the funding to recruit engineers and increase partnerships in the region. Read More
News | Technology
FCM Travel Solutions invests in business travel startup Shep
FCM Travel Solutions invests in business travel startup Shep
By Jill Menze | January 7, 2020
Shep, one of PhocusWire's Hot 25 Startups for 2019, will lend its browser extension technology to FCM Travel Solutions' platforms. Read More
News | Startups
icelollyadvertisment
Holiday deals site Icelolly gets £2M in funding to push marketing efforts
By Steven Lerner | January 7, 2020
Holiday comparison and deals platform Icelolly will boost its marketing strategy following a £2 million investment from Silicon Valley Bank. Read More
News | Online
The Guild Series B round
Hospitality startup The Guild bags $25M to fuel market expansion
By Steven Lerner | January 6, 2020
The Guild wants to expand its alternative accommodation operations into new cities and develop guest-friendly technology for business travelers. Read More
News | Startups
The digital travel revolution, next-gen consumers and the role of insurance
The digital travel revolution, next-gen consumers and the role of insurance
By PhocusWire | January 6, 2020
Over the course of two interviews, PhocusWire spoke to Beth Godlin, president at the Aon Travel Practice, about a wide range of issues in the travel industry. Read More
From Our Partners | Technology
EddyTravels chatbot
AI-powered bot Eddy Travels lands $500K inaugural round for market expansion
By Steven Lerner | December 27, 2019
Techstars Toronto, Practica Capital and Open Circle Capital VCs led the round, with participation from angel investors in the United States, Canada and the U.K.  Read More
News | Technology
Domio series b investment
Domio captures $100M investment for international expansion
By Steven Lerner | December 19, 2019
Upscale apartment-hotel provider Domio has secured $100 million in Series B funding.   Read More
News | Technology
startup-funding-2019-2020
VIDEO: Will early stage startup funding make a comeback in 2020?
By Steven Lerner | December 18, 2019
Phocuswright analysts discuss the state of travel startups in 2020 during The Phocuswright Conference in Florida in November. Read More
News | Startups
VIDEO: Fly Money - Summit pitch Phocuswright Conference 2019
VIDEO: Fly Money - Summit pitch Phocuswright Conference 2019
By PhocusWire | December 18, 2019
Helping travelers pay like locals: Aggregating and pre-ordering all local payment methods to use during vacations - mobile, cash and cards. Read More
Interview | Startups
guruwalk free tours
Guided tours startup GuruWalk raises €1M to fuel pay-as-you-go model
By Steven Lerner | December 17, 2019
GuruWalk, a Spanish startup specializing in tip-based guided tours, has secured €1 million in seed round funding.   Read More
News | Startups
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TravelFlan bags $7M to enhance IT, expand to new markets
By Steven Lerner | December 17, 2019
The Series A round brings the Hong Kong-based AI digital solution startup's total funding to more than $9.9 million. Read More
News | Technology