hotelmize series b
Hotelmize raises Series B funding from Alibaba, establishes APAC headquarters in Hong Kong
By Steven Lerner | April 2, 2020
 Hotelmize is aiming to gain a foothold in Asia Pacific and to expand operations in the region following a new capital raise. Read More
News | Technology
Air Doctor funding
Health startup Air Doctor gets $7.8M to make medical care accessible for travelers
By Steven Lerner | April 1, 2020
With health becoming a major concern in the travel industry due to the COVID-19 pandemic, a marketplace that connects travelers with local doctors has landed its largest capital raise to date. Read More
News | Technology
coronavirus destroys startup funding
Funding for travel startups was plentiful - then came coronavirus
By Steven Lerner | April 1, 2020
Entrepreneur Souzana Theodoridou explains how a funding deal for travel experience platform Grekaddict fell apart due to the coronavirus pandemic. Read More
News | Startups
funding Huilianyi
Business travel platform Huilianyi raises $42M, aims for global expansion
By Steven Lerner | March 31, 2020
Shanghai-based business travel platform Huilianyi has landed RMB 300 million (about $42 million) in funding. Read More
News | Technology
Via 200M investment
Despite difficult times, ride-share company Via lands $200M investment
By Steven Lerner | March 31, 2020
 Real-time ride-sharing company Via is now valued at a $2.25 billion thanks to a new $200 million Series E investment.   Read More
News | Technology
amadeus-cost-cutting-coronavirus
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
By Linda Fox | March 25, 2020
The company has been hit by a combination of trip cancellations and restrictions on international flights, impacting the volume of bookings and passengers boarded. Read More
News | Distribution
haunted financial
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More
News | Online
Electric air taxi company Lilium raises $240M toward developing regional service
Electric air taxi company Lilium raises $240M toward developing regional service
By Steven Lerner | March 24, 2020
The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate with a regional mobility service as early as 2025. Read More
News | Technology
pruvo seed funding
Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak
By Steven Lerner | March 20, 2020
In the face of the COVID-19 coronavirus outbreak, an artificial intelligence-driven hospitality startup has secured a $1.1 million seed round. Read More
News | Technology
crisis-strategy-travel
Why long-term vision is critical to emergency measures and contingency planning
By Tedd Evers - TripTuner  | March 19, 2020
What if by cutting staff across the board, we might impede future growth? Is there another way? Read More
Opinion | Distribution
What happens to travel startup funding during an economic downturn?
What happens to travel startup funding during an economic downturn?
By Steven Lerner | March 19, 2020
During an economic downturn, startups should go back to basics and focus on positive unit economics. Read More
News | Startups
Airbnb urges U.S. government to alter rules for hosts during coronavirus crisis
Airbnb urges U.S. government to alter rules for hosts during coronavirus crisis
By Kevin May | March 18, 2020
In a letter to the speaker of the House of Representatives, Nancy Pelosi, as well as the Republican Party leader in the house, Kevin McCarthy, Airbnb is asking for four alterations to existing tax and... Read More
News | Online
investment deal stock
Liberty Tripadvisor secures $325M investment, plans to repay existing margin loan
By Steven Lerner | March 17, 2020
Liberty Tripadvisor has landed a $325 million investment from Certares Management, which is expected to close within 10 business days. Read More
News | Online
Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)
Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)
By Steven Lerner | March 13, 2020
Most of the value has been decimated due to the spread of the COVID-19 coronavirus, with bookings declining and analysts anticipating a long-term impact.  Read More
News | Online
Hotel lobby cloudbeds
Cloudbeds brings in $82M to “triple down” on hospitality tech
By Steven Lerner | March 11, 2020
Cloudbeds plans to further invest in its hospitality management technology platform after landing an additional $82 million in funding. Read More
News | Technology
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