Finance


Juniper Group acquires Deem from Travelport
News / Finance
Juniper Group acquires Deem from Travelport
By Cathy Walsh | June 3, 2026
The corporate travel platform, owned by Travelport since 2023, will continue operating independently under its current leadership following the transaction. Read More
Perk secures $300M in finance for product and technology investment
News / Finance
Perk secures $300M in finance for product and technology investment
By Linda Fox | June 3, 2026
Perk said the new credit facility reflects lender confidence in its "vision and strategy." Read More
OTA marketing spend creeps up despite talk of AI-driven efficiency
News / Finance
OTA marketing spend creeps up despite talk of AI-driven efficiency
By Linda Fox | June 3, 2026
Airbnb, Booking Holdings and Expedia Group upped sales and marketing investment in Q1 2026, with some sharing AI impact and others steering clear. Read More
Pricepoint closes $6.6M seed round led by Brightspark Ventures
News / Finance
Pricepoint closes $6.6M seed round led by Brightspark Ventures
By Cathy Walsh | June 2, 2026
The funding will be used to continue development of the company’s AI-powered revenue management platform for accommodations, including investment in product and engineering. Read More
Web Travel Group acquires hotel rebooking platform Pruvo
News / Finance
Web Travel Group acquires hotel rebooking platform Pruvo
By Cathy Walsh | June 2, 2026
Web Travel Group plans to use Pruvo’s hotel booking optimization technology within its B2B accommodation operations. Read More
Airbnb leads $58M investment in WeRoad
News / Startups
Airbnb leads $58M investment in WeRoad
By Linda Fox | May 27, 2026
The investment will go towards WeRoad's expansion to the U.S. marking its first push outside Europe. Read More
Kayak for Business, Blockskye and FCM partner on global business travel platform
News / Online
Kayak for Business, Blockskye and FCM partner on global business travel platform
By Cathy Walsh | May 20, 2026
The companies plan to integrate booking, payments and servicing into a single offering designed to reduce friction in corporate travel programs. Read More
World Travel Holdings gets investment from Citation Capital
News / Distribution
World Travel Holdings gets investment from Citation Capital
By Linda Fox | May 19, 2026
World Travel Holdings, which was founded in 2005, said it generates more than $2.5 billion in annual booking volume. Read More
PhocusWire's travel tech news briefs: Airbnb, Agoda, BizTrip AI and more...
News / Technology
PhocusWire's travel tech news briefs: Airbnb, Agoda, BizTrip AI and more...
By PhocusWire | May 8, 2026
Keep up with all the latest people, partner and product news from around the global travel industry. Read More
Expedia Group hits record Q1 profitability amid AI overhaul
News / Finance
Expedia Group hits record Q1 profitability amid AI overhaul
By Morgan Hines | May 7, 2026
CEO Ariane Gorin shared concrete examples of how AI has driven performance across the business. Read More
Trivago files antitrust suit against Google
News / Online
Trivago files antitrust suit against Google
By Morgan Hines | May 6, 2026
The company has raised concerns about Google’s use of its dominance in search to direct travelers away from other metasearch platforms. Read More
Journey acquires experiences platform Epicurate
News / Finance
Journey acquires experiences platform Epicurate
By Cathy Walsh | May 6, 2026
The deal adds dining, wellness and other services to Journey’s loyalty platform for independent hotels and short-term rentals. Read More
Amex GBT to go private in $6.3B acquisition by Long Lake
News / Finance
Amex GBT to go private in $6.3B acquisition by Long Lake
By Morgan Hines | May 4, 2026
The all-cash transaction, which is backed by General Catalyst, is expected to close in the second half of the year. Read More
Booking Holdings’ play to keep travelers in ecosystem with AI
News / Finance
Booking Holdings’ play to keep travelers in ecosystem with AI
By Morgan Hines | April 28, 2026
The company shared strong Q1 results, AI updates and its outlook on the conflict in the Middle East. Read More
Nox Mobility raises €2M pre-seed round to develop private-room night trains
News / Finance
Nox Mobility raises €2M pre-seed round to develop private-room night trains
By Cathy Walsh | April 22, 2026
The Berlin-based startup plans to launch overnight rail service with fully private cabins, targeting short-haul flight replacement by 2027. Read More
The Phocuswright Conference 2026