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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.
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News
/
Online
Expedia Group names former interim eBay CEO as new CFO
By Morgan Hines
|
December 20, 2024
Expedia Group has announced that Scott Schenkel will serve as its new chief financial officer after Julie Whalen departs the company in February.
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News
/
Online
HotelPlanner acquires platform for finding pet-friendly accommodations
By Morgan Hines
|
December 19, 2024
The company said the acquisition is part its goal to improve travel by making experiences more inclusive with the ability to bring along furry friends.
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News
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Online
Tripadvisor to merge with Liberty Tripadvisor in $435M deal
By Mitra Sorrells
|
December 19, 2024
The companies announced the merger Thursday morning and the deal is expected to close in the second quarter of 2025.
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News
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Startups
TripSuite raises $5M to grow AI platform for agencies
By Morgan Hines
|
December 19, 2024
TripSuite's platform for travel agencies offers tools for customer relationship management, commission tracking, accounting, payments and more.
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News
/
Online
Nuitée raises $48M to grow partnerships, products, team
By Morgan Hines
|
December 18, 2024
The round was led by Accel. Nuitée has also partnered with industry heads including Robert J. Mylod Jr., chairman of Booking.com, Jeff Boyd, ex-CEO of Priceline and Sam Shank, founder of HotelTonight.
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News
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Technology
Hostaway raises $365M for AI, product development and expansion
By Linda Fox
|
December 17, 2024
The property management technology company has landed the funding from General Atlantic and previous investor PSG at a valuation of $925 million.
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News
/
Startups
Travel M&A activity heating up as experts see readiness in buyers, sellers
By Morgan Hines
|
December 13, 2024
In comparison to last year, Matt Zito and Min Liu said the travel investment and acquisition environment has been more active, in part due to better macroeconomic conditions.
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News
/
Distribution
Sabre CEO Kurt Ekert talks intermediary opportunity and company growth
By Mark Frary
|
December 12, 2024
Sabre CEO and president Kurt Ekert doesn't believe AI is a threat to the global distribution system and can't see the demise of traditional airline distribution any time soon.
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News
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Technology
Phocuswright turns 30: Industry veterans look back and ahead
By Morgan Hines
|
December 11, 2024
Much of how we search, book and experience travel has changed since Phocuswright was founded in 1994, and three industry veterans reflect on that evolution and offer ideas on what's to come.
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News
/
Online
Much Better Adventures lands £5M for technology and new destinations
By Linda Fox
|
December 9, 2024
The adventure trip specialist will use the investment to boost its international presence and add more experiences and destinations.
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News
/
Online
Camping platform Acamp merges with competitor Campio
By Mileva Sapic
|
December 6, 2024
The companies said hosts using Acamp and Campio will now benefit from increased exposure to a larger audience and new tools to help manage listings as a result of merger.
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News
/
Technology
Reservation technology company Kaptio receives $2.5M for expansion
By Morgan Hines
|
December 6, 2024
Growth equity fund VEX now has a 70% stake in the Iceland-based company, the terms of the deal were not disclosed. Plus, the company raised an additional $2.5 million.
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News
/
Online
Travel experiences platform KKday plots expansion following $70M injection
By Mileva Sapic
|
December 4, 2024
KKday plans to enhance its market position, invest in artificial intelligence and deepen its presence across the Asia-Pacific region with its latest investment.
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News
/
Online
Southeast Asia's travel tech sector at pivotal moment for value creation
By Yeoh Siew Hoon - WebinTravel
|
December 2, 2024
Southeast Asia’s early-stage investment ecosystem is also helping to create a robust pipeline of potential growth-stage travel tech companies, a factor that makes the region particularly attractive for...
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Airlines’ ancillary revenue grows twice as fast as overall revenue
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Google removes vacation rentals unit from search results in the EEA
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The agentic traveler: Is travel ready for AI booking demand?
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Flagship launches with 3 tours and activities brands, further acquisitions planned
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Indian travel platform Travelxp launches agentic AI trip concierge
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PhocusWire's travel tech news briefs: Klook, Omio, Amadeus and more...
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AI transformation in travel: Sejal Amin of Priceline
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Airbnb's Chesky outlines monetization strategy
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Marriott, Spotnana unveil CRS integration
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