Finance

News / Online

MadeComfy scores $10 million for expansion and tech development

By Linda Fox | May 5, 2023

Investment in the Australia-based company was led by Commencer Capital with MC Fiduciary, BridgeLane Capital and private investors also participating. Read More

News / Startups

Short-term rental startups, investors talk market growth

By Linda Fox | May 5, 2023

Funding is becoming harder to come by but some are breaking through with ongoing investor appetite in the vacation rental market. Read More

News / Online

Expedia Group embraces AI, banks on loyalty program

By Kathryn Walson | May 4, 2023

Expedia Group continues to invest in its strategy of acquiring and retaining “high-value loyalty members and app users” across its three leading brands, CEO Peter Kern said. Read More

News / Online

Booking Holdings sees opportunity to recreate "human travel agent” with generative AI

By Mitra Sorrells | May 4, 2023

The comments regarding generative AI came as the company shared its first quarter financial results, which had both gross bookings and room nights at record levels for a quarter. Read More

News / Technology

Lilium raises $100M toward goal of $250M

By Mitra Sorrells | May 4, 2023

Lilium went public via a SPAC in 2021 and raised $119 million last November, but the company’s stock has struggled in the last year - putting it at risk of delisting from the Nasdaq. Read More

News / Online

Tripadvisor Q1 revenue up 42% compared to 2022

By Mitra Sorrells | May 3, 2023

Tripadvisor's Viator segment brought in $115 million in revenue in the first quarter, up 105% compared to the same period in 2022. Read More

News / Startups

Viatu lands $1M for sustainable multi-day tours platform

By Linda Fox | May 3, 2023

The investment was led by Ndoto with ASI Reisen and a number of angel investors also participating. Read More

News / Online

Guesty acquires marketing and distribution solution StaySense

By Mitra Sorrells | May 2, 2023

This marks Guesty's fourth acquisition since it raised $170 million in Series E funding last August. Read More

News / Online

Vacasa receives notice of potential Nasdaq delisting

By Kathryn Walson | May 1, 2023

Vacasa said it “intends to monitor the closing bid price of its stock and assess potential actions to regain compliance with the Nasdaq Listing Rules, which may include a reverse stock split.” Read More

News / Online

Expedia Group to power new SoFi Travel site

By Mitra Sorrells | May 1, 2023

Expedia Group also provides travel content and services for financial institutions including Revolut, Scotiabank, American Express, Royal Bank of Canada and more. Read More

News / Startups

HumanForest raises £12M to double its fleet, invest in tech

By Kathryn Walson | April 27, 2023

The London-based company plans to invest the equity component into its user app and advertising technology platform. Read More

News / Online

Calculating ROI for business travel

By Kathryn Walson | April 27, 2023

Scott Gillespie, founder and CEO of travel consulting business tClara, presents a framework and guidance for the industry on assigning monetary value to business travel. Read More