Sounding Off: Risky startup investments now have a new risk attached
By PhocusWire | June 26, 2020
Startups have to contend with surviving the crisis, but they must also climb a hill in terms of the viability of their product or service for the long term and in the "new normal." Read More
Interview | Startups
Startups, investors see opportunities and challenges as travel industry struggles with COVID, diversity issues
By Mitra Sorrells | June 26, 2020
During Phocuswright's Battleground: The Americas event, a panel of startup founders and investors shared their experiences dealing with the COVID-19 crises and their thoughts about the future. Read More
News | Startups
SevenRooms raises $50M to expand its hotel guest experience platform
By Mitra Sorrells | June 25, 2020
SevenRooms has raised a $50 million Series B round with Providence Strategic Growth.    Read More
News | Technology
Sonder raises $170M at $1.3B valuation, calls it “validation” of recent pivot
By Mitra Sorrells | June 24, 2020
Sonder has raised $170 million in a Series E round, which it expects to grow to $200 million in the near future. Read More
News | Online
Tripadvisor revenue inching up, but June forecast still just 20% of 2019
By Mitra Sorrells | June 23, 2020
Due to what it calls "extraordinary circumstances related to the COVID-19 pandemic," Tripadvisor has released a financial update in the midst of the second quarter. Read More
News | Online
Splyt raises $19.5M to help SoftBank with super app strategy
By Linda Fox | June 18, 2020
Mobility specialist Splyt has raised $19.5 million in Series B funding to fuel expansion and help SoftBank with its super app strategy. Read More
News | Technology
Journera nabs $11.6 million to move its tech platform into growth stage
By Mitra Sorrells | June 10, 2020
Journera has raised $11.6 million in a Series B round led by Andreessen Horowitz and B Capital. Read More
News | Startups
The Hotels Network raises €10M to boost direct booking for properties
By Linda Fox | June 10, 2020
The Hotels Network says its funding will go towards further personalization and user experience tech to help hoteliers. Read More
News | Distribution
Indian OTA Yatra cancels merger deal with Ebix
By Mitra Sorrells | June 9, 2020
Indian online travel agency Yatra has terminated a pending merger agreement with Atlanta-based software firm Ebix and filed a litigation seeking “substantial damages” over alleged breach of terms. Read More
News | Online
Tripfuser lands £2.4M in funding, seeks further expansion
Tripfuser lands £2.4M in funding, seeks further expansion
By Linda Fox | May 29, 2020
Funding for the Australia-based company was led by the Royal Automobile Club of Victoria. Acting CEO Matt McCann takes up the role permanently. Read More
News | Startups
Mobile hotel company Cabana raises $3.5M to expand fleet of camper vans
By Mitra Sorrells | May 29, 2020
Cabana says it is merging “van life with boutique hotel comfort,” at a rate of about $200 per night. Read More
News | Startups
Transportation platform Bolt raises €100M to add new products, markets
By Mitra Sorrells | May 26, 2020
European transportation platform Bolt has raised €100 million on a $1.9 billion valuation. Read More
News | Startups
Expedia Group sees "great things ahead" and vows less reliance on Google
Expedia Group sees "great things ahead" and vows less reliance on Google
By Jill Menze | May 20, 2020
Despite the coronavirus' impact on business, Expedia Group believes it's well-positioned to bounce back and steer away from Google. Read More
News | Online
Q&A: Thayer Ventures’ Chris Hemmeter on its new $80M fund, opportunities for travel startups
By Mitra Sorrells | May 13, 2020
The venture capital firm is now looking to make six to eight additional investments in travel and transportation startups from the newly closed fund. Read More
News | Startups
Sabre notes "massive challenge to the industry" as revenues slump by a third
Sabre notes "massive challenge to the industry" as revenues slump by a third
By Kevin May | May 8, 2020
The coronavirus outbreak has hit Sabre across all of its metrics, with revenue down from $1.05 billion in Q1 2019 to $659 million in the same period in 2020. Read More
News | Distribution
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