Finance


Uber up next in ride-hailing IPO frenzy
Uber up next in ride-hailing IPO frenzy
By Kevin May | December 10, 2018
Not to be undone by its ride-hailing rival, Uber has become the second brand in the space of a few days to declare its intention to list on the public financial markets. Read More
News | Online
Grab plots new sector strategy, invests $100M in OYO
Grab plots new sector strategy, invests $100M in OYO
By Kevin May | December 10, 2018
OYO has confirmed that it took $100 million in funding from ride-hailing app Grab during its last capital-raising round. Read More
News | Online
Lyft first out of the ride-hailing blocks with filing for IPO
Lyft first out of the ride-hailing blocks with filing for IPO
By Kevin May | December 6, 2018
Ride-hailing service Lyft will be the first of the big U.S. brands to test their model on the public financial markets. Read More
News | Online
ConnexPay - Summit pitch winner at Phocuswright 2018
ConnexPay - Summit pitch winner at Phocuswright 2018
By Kevin May | December 5, 2018
ConnexPay is transforming how travel companies accept cards & pay for travel to save millions of dollars in fees. Read More
Interview | Startups
Airplus partners with Pana for app-based booking and payment service
Airplus partners with Pana for app-based booking and payment service
By Linda Fox | November 23, 2018
Travel payments specialist AirPlus International is hoping to improve the travel process for non-employee business travel following a partnership with Pana. Read More
News | Technology
Veltra activity booking platform prepares for IPO, closes City Discovery brand
Veltra activity booking platform prepares for IPO, closes City Discovery brand
By Kevin May | November 22, 2018
Japan-based Veltra, a major tours and activities brand serving the Asia Pacific region, is to file for an IPO by the end of 2018. Read More
News | Online
VIDEO: Inside the brains of online travel financial analysts
VIDEO: Inside the brains of online travel financial analysts
By Kevin May | November 19, 2018
Online travel brands generally get most of the attention on their financial performance when reporting their latest earnings four times a year. Read More
News | Online
TripAdvisor surpasses half of hotel sales on mobile, revenue per shopper climbs again
TripAdvisor surpasses half of hotel sales on mobile, revenue per shopper climbs again
By Mitra Sorrells | November 8, 2018
TripAdvisor’s revenue grew 4% in the third quarter of 2018, to $458 million. Read More
News | Online
Booking Holdings Q4 earnings 2018
Booking Holdings reports 200M room nights milestone during upbeat Q3 earnings
By Mitra Sorrells | November 6, 2018
Booking Holdings saw an acceleration in the rate of its room night growth in the third quarter of 2018, exceeding the high end of its guidance, driven by a delayed summer travel peak and improved... Read More
News | Online
travelport-q3-2018-earnings
Beyond Air helps Travelport through "challenging" quarter
By Linda Fox | November 1, 2018
Travelport reports third quarter 2018 results with strong gains for payment service eNett. Read More
News | Distribution
freebird-series-a-funding
Freebird looks to consumer channels following $8M investment
By Linda Fox | October 31, 2018
Freebird announces $8 million in series A funding. Read More
News | Startups
Metasearch part 4 startup challenges
The metasearch model, part 4: Startup space
By Mitra Sorrells | October 29, 2018
Compared to other aspects of travel, metasearch has not seen as much activity from startups. For our final piece in this series, we explore the question of why, with insights from a venture... Read More
News | Distribution
Expedia Q3 earnings 2018
Expedia records another positive quarter, double-digit growth in revenue and bookings
By Mitra Sorrells | October 25, 2018
Expedia Group saw its gross booking increased $2.5 billion, or 11% year-over-year, in the third quarter of 2018, fueled by growth in Brand Expedia, HomeAway, Hotels.com and Expedia Partner Solutions.... Read More
News | Distribution
Trivago Q3 earnings 2018
Reduced advertising spend succeeds in returning Trivago to profitability
By Mitra Sorrells | October 24, 2018
After four quarters that CEO Rolf Schrömgens describes as “quite a challenge,” hotel metasearch platform Trivago posted a dramatic turnaround in the third quarter of 2018.  Read More
News | Online
phocuswright-preview-2018-jonne-de-leeuw
In the green room at Phocuswright with... Jonne de Leeuw
By PhocusWire | October 15, 2018
The fund led a $17 million round to back Tiqets, now its principal participates in an executive roundtable on tours and activities at The Phocuswright Conference 2018. Read More
Interview | Startups