Finance

News / Technology

PhocusWire's weekly travel tech news briefs: IBS Software, Smartvel, Spotnana and more

By PhocusWire | January 24, 2025

Keep up with all the latest people, product and partner news from around the global travel industry. Read More

Opinion / Startups

Whether to seek venture capital or private equity for your STR startup

By Shahar Goldboim - Boom | January 24, 2025

CEO of Boom, Shahar Goldboim, finds that the best decisions when it comes to funding come from listening to all perspectives, learning from peers and staying true to your vision. Read More

News / Startups

Tryp.com looks to U.K. and Germany for expansion

By Linda Fox | January 23, 2025

Denmark-based Tryp.com has forged media partnerships with U.K. and German television outlets to help build reach new audiences and build its brand. Read More

News / Online

HomeToGo to acquire European vacation rental management company Interhome

By Mitra Sorrells | January 23, 2025

HomeToGo said a purchase price in the “low three-digit million range in Swiss francs” is expected, with the deal closing in Q1. Read More

News / Distribution

B2B hotel platform HBX Group to raise €725M through IPO

By Linda Fox | January 17, 2025

HBX Group was founded in Spain in 2001 as B2B bedbank Hotelbeds. Read More

News / Startups

Purple Elephant Ventures raises $4.5M to build travel technology in Africa

By Morgan Hines | January 15, 2025

Purple Elephant Ventures aims to make Africa a leading player in regenerative tourism, focused on creating a travel sector that is sustainable and inclusive through “cutting-edge” technology. Read More

News / Online

U.S. DOJ moves to block Amex GBT’s acquisition of CWT

By Morgan Hines | January 10, 2025

The proposed deal would mark Amex GBT’s fifth acquisition of another travel management company since 2018. Read More

News / Startups

A new era for travel startup investing

By Phocuswright Research | January 7, 2025

According to a Phocuswright report, generative AI is expected to transform the travel industry and how companies operate, potentially reducing the need for funding in the long run. Read More

News / Online

Wall Street talk: AI's opportunities for online travel agencies

By Morgan Hines | January 6, 2025

A trio of Wall Street veterans touched on AI and stocks, regulatory changes and consumer behavior and more in a wide-ranging conversation at The Phocuswright Conference. Read More

News / Online

Phocuswright analysts share their travel predictions for 2025

By Morgan Hines | January 2, 2025

AI agents, luxury travel, developments in APAC, short-term rentals, digital ID and eVTOLS are some of the topics Phocuswright analysts are watching for 2025. Read More

News / Technology

Travel industry leaders' predictions for 2025

By Morgan Hines | January 2, 2025

Executives from Travelport, Klook, Cloudbeds, Spotnana, Mews and more share their predictions for the year ahead, including their takes on artificial intelligence, search, funding and more. Read More

News / Online

STR management company Casago acquires much larger — but struggling — Vacasa

By Mitra Sorrells | December 30, 2024

Since going public in December 2021, Vacasa has struggled with a drop in inventory and revenue, executive departures and multiple rounds of layoffs. Read More

News / Online

Poland-based WP Holding to purchase Invia Group for nearly €240M

By Morgan Hines | December 23, 2024

The technology holding company has signed a framework agreement to buy all the shares of the travel company. Invia Group operates in Austria, Germany, the Czech Republic, Switzerland, Slovakia, Hungary... Read More

News / Online

Despegar acquired by Naspers-owned Prosus for $1.7B

By Linda Fox | December 23, 2024

The Dutch company invests in technology companies across multiple verticals and said, with this transaction, it will serve more than 100-million customers in Latin America across travel, e-commerce and... Read More

News / Startups

How travel startup funding shaped up in 2024

By Linda Fox | December 23, 2024

We've rounded up details on some of the top travel tech funding stories of 2024 along with insights from investors, including a panel from The Phocuswright Conference. Read More

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