Finance

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

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. Read More

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. Read More

News / 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. Read More

News / 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. Read More

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. Read More

News / 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. Read More

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. Read More

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. Read More

News / 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. Read More

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. Read More

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. Read More

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