Finance


Travel Tech Flashback: What made headlines in 2020?
News / Online
Travel Tech Flashback: What made headlines in 2020?
By Abby Crotty | August 26, 2025
As part of our Travel Tech Flashback series, we took a look at 2020, otherwise known as the year that changed travel forever. Read More
Saudi Arabian vacation rental platform Gathern lands $72 million
News / Online
Saudi Arabian vacation rental platform Gathern lands $72 million
By Abby Crotty | August 21, 2025
Founded in 2017 and based in Riyadh, Gathern said the funding will help increase local and regional expansion. Read More
Addressing rising customer acquisition costs in travel
News / Online
Addressing rising customer acquisition costs in travel
By Abby Crotty | August 21, 2025
According to a survey of approximately 270 respondents across the travel industry, customer acquisition costs were up approximately 35% from 2022 to 2025, while customer lifetime value was up just 4.5%.... Read More
NusaTrip closes IPO, nets $15 million
News / Online
NusaTrip closes IPO, nets $15 million
By Abby Crotty | August 19, 2025
The OTA plans to use the capital to expand into new markets and explore mergers and acquisitions. Read More
Kasa raises $40M to invest in technology, AI
News / Online
Kasa raises $40M to invest in technology, AI
By Morgan Hines | August 19, 2025
Kasa, formerly known as Kasa Living, raised $70 million in Series C funding in 2023. Read More
India-based OTA Yatra launches AI assistant DIYA
News / Technology
India-based OTA Yatra launches AI assistant DIYA
By Morgan Hines | August 18, 2025
The launch comes weeks after MakeMyTrip announced its own upgraded AI assistant for trip planning. Read More
Holiday Tribe raises $3 million to expand AI, supplier networks
News / Startups
Holiday Tribe raises $3 million to expand AI, supplier networks
By Abby Crotty | August 14, 2025
Last September, Holiday Tribe raised $650,000. Since that time, the company said it has more than tripled in size. Read More
Airbnb launches ‘Reserve Now, Pay Later’ option
News / Technology
Airbnb launches ‘Reserve Now, Pay Later’ option
By Morgan Hines | August 14, 2025
The short-term rental community voiced concern about the tool’s impact on cancellations, but Airbnb does not appear not concerned. Read More
CarTrawler acquires travel insurtech company Koala
News / Online
CarTrawler acquires travel insurtech company Koala
By Abby Crotty | August 14, 2025
The acquisition comes as CarTrawler is expanding its ancillary offerings and responding to increased demand for integrated insurance solutions. Read More
Travel experts on Perplexity’s bid to buy Google Chrome
News / Technology
Travel experts on Perplexity’s bid to buy Google Chrome
By Morgan Hines | August 13, 2025
 Industry leaders differ on Perplexity’s motivations and how the deal could impact the travel space. Read More
India-based Elivaas raises $10.4 million for expansion
News / Startups
India-based Elivaas raises $10.4 million for expansion
By Abby Crotty | August 12, 2025
The luxury vacation rental platform currently operates in 30 Indian destinations, with the latest funding to be used to explore expansion. Read More
How has AI changed travel investors’ mindset?
News / Startups
How has AI changed travel investors’ mindset?
By Morgan Hines | August 12, 2025
A subtle chaos is coloring the funding environment as investors separate the AI winners from the hopefuls. Read More
PhocusWire's weekly travel tech news briefs: OYO, Hostaway, Duffel and more...
News / Technology
PhocusWire's weekly travel tech news briefs: OYO, Hostaway, Duffel and more...
By PhocusWire | August 8, 2025
Keep up with all the latest people, partner and product news from around the global travel industry. Read More
Expedia Group reports stronger results in Q2 amid ongoing U.S. headwinds
News / Online
Expedia Group reports stronger results in Q2 amid ongoing U.S. headwinds
By Abby Crotty | August 7, 2025
While numbers improved overall, second quarter results were still tempered by “soft demand” in the United States. Read More
Fintech startup TurnStay secures $2M
News / Online
Fintech startup TurnStay secures $2M
By Abby Crotty | August 7, 2025
Co-founder James Hedley said the funding brings TurnStay closer to its mission of "reducing the friction of getting paid in the African travel industry." Read More
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