Finance


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News / Online
Traveloka taps into $300M financing facility
By Yeoh Siew Hoon - WebinTravel | September 30, 2022
INA and Traveloka say the round attracted significant interest from a number of high-quality long-term capital providers, resulting in an oversubscribed transaction. Read More
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News / Online
TripActions tight-lipped on confidential IPO plans
By Linda Fox | September 30, 2022
The corporate travel startup says it has considered an IPO as one option to fund the business but declined to comment on specific plans or timing. Read More
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News / Online
Guesty nabs two hospitality software companies in continued acquisition spree
By Mitra Sorrells | September 28, 2022
The new acquisitions bring Spain-based vacation rental software company Kigo and Australian property management software company HiRUM Software Solutions under Guesty’s umbrella. Read More
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News / Online
India's WB Hotels plots expansion following new investment
By Linda Fox | September 28, 2022
The India-based group, which describes itself as tech-led, says the funds are from existing investors. Read More
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News / Startups
Borrow A Boat targets U.S. growth with latest acquisition
By Mitra Sorrells | September 28, 2022
Borrow A Boat's acquisition of KellyBoat is its third this year and first in the United States. Read More
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News / Startups
B2C versus B2B travel startup funding tells an interesting story
By Phocuswright | September 26, 2022
The share of B2C versus B2B funding has trended toward B2B companies for years, and in 2021 B2B funding hit its highest share ever, at 39%. Read More
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News / Online
Trip.com Group sees signs of optimism despite revenue drop in Q2
By Mitra Sorrells | September 22, 2022
Trip.com Group's total revenue in the second quarter of this year came in at $598 million, down 32% from the same period in 2021 and down 2% compared to the prior quarter.   Read More
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News / Startups
Zartico raises $20M to help destinations make sense of visitor data
By Mitra Sorrells | September 21, 2022
Founded in March 2020, Zartico has raised a total of $24.5 million and says it has more than 180 customers.  Read More
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Interview / Online
Q&A: Cleartrip CFO on how the Flipkart deal is fueling growth
By Kathryn Walson | September 20, 2022
Cleartrip CFO Aditya Agarwal discusses the benefits of having Flipkart as a distribution channel as well as how the OTA is reviving its hotels business. Read More
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News / Technology
Ixigo, Amadeus latest to add new fintech and payment options
By Linda Fox | September 16, 2022
Insurance products and buy-now-pay-later options are becoming more widespread in travel. Read More
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News / Online
Eric Hart departs Expedia Group, Williams-Sonoma exec named CFO
By Mitra Sorrells | September 14, 2022
Hart will be replaced by Julie Whalen, who most recently was executive vice president and chief financial officer of Williams-Sonoma and has been a member of Expedia Group's board of directors. Read More
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News / Distribution
Guesty expands hotel offerings with acquisition of YieldPlanet
By Mitra Sorrells | September 14, 2022
Guesty is also launching a new Distribution Hub that adds direct connections with Hopper, Trip.com, Marriott Homes & Villas and Google’s hotel and vacation rental search products. Read More
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News / Online
Intrepid Travel acquires Australian tour operator Joob
By Kathryn Walson | September 13, 2022
Australia-based Intrepid Travel says the acquisition will bolster the growth of its DMC in Australia, which was created in 2021. Read More
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News / Online
Short-term rental company Frontdesk scores $13M for expansion
By Kathryn Walson | September 13, 2022
The latest round brings Frontdesk's total equity financing to $22 million. Read More
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News / Startups
Corporate payments startup Mesh scores $60M funding round
By Michael B. Baker - Business Travel News | September 9, 2022
Mesh aims to help companies automate and provide data around corporate spending, including travel and entertainment. Read More