Finance


Cruisebound brings travel industry veterans on board with $13M investment
News / Startups
Cruisebound brings travel industry veterans on board with $13M investment
By Mileva Sapic | October 29, 2024
Cruisebound said it has been hitting growth milestones over the past two years, including securing triple-digit annual revenue growth. It has also unveiled an AI chatbot and flexible payment options. Read More
Radical Storage packs away $7M for luggage storage service
News / Startups
Radical Storage packs away $7M for luggage storage service
By Linda Fox | October 25, 2024
Radical Storage currently has a network of more than 9,000 businesses distributed across more than 1,000 cities and 70 countries.   Read More
Why Uber isn't buying Expedia, but I still think Amazon should
Opinion / Online
Why Uber isn't buying Expedia, but I still think Amazon should
By Clayton Reid | October 17, 2024
Word that Uber has considered acquiring Expedia Group - first reported by the Financial Times - has generated quite a bit of reaction from industry leaders, including this opinion from the former CEO of... Read More
Assessing travel tech investment trends in Asia
News / Startups
Assessing travel tech investment trends in Asia
By Morgan Hines | October 15, 2024
Read what Tim Hughes at Agoda, Jeff Kim at Yanolja and Nicholas Cocks from Velocity Ventures have to say about investments in Asia. Read More
Hotel tech provider RoomRaccoon acquires Lobbi PMS
News / Technology
Hotel tech provider RoomRaccoon acquires Lobbi PMS
By Mitra Sorrells | October 14, 2024
RoomRaccoon said the acquisition will add more than 300 properties to its client base in the Benelux region. Read More
GlobalTix closes $5M Series B funding led by Tin Men Capital
News / Online
GlobalTix closes $5M Series B funding led by Tin Men Capital
By Mitra Sorrells | October 14, 2024
The Singapore-based provides of solutions for attractions, tours and activities said the funding will be used to fuel its expansion plans and to implement artificial intelligence solutions.   Read More
Where are they now? Catching up with the Hot 25 Travel Startups for 2021
News / Startups
Where are they now? Catching up with the Hot 25 Travel Startups for 2021
By Mileva Sapic | October 14, 2024
Beachy, Chekin, Kyte, Vouch and Zartico update PhocusWire on what they've been up to since they were named part of PhocusWire's Hot 25 Travel Startups for 2021. Read More
Flexible living drives hospitality and residential technology convergence
News / Technology
Flexible living drives hospitality and residential technology convergence
By Matthew Parsons | October 8, 2024
The growing number of mixed-use properties creates gaps for a new breed of tech-enabled hospitality companies, in particular non-hotel brands, to enter new markets. Read More
Toyota invests $500M in electric air taxi maker Joby Aviation
News / Technology
Toyota invests $500M in electric air taxi maker Joby Aviation
By Morgan Hines | October 3, 2024
Toyota's new funding is on top of $394 million in prior investments it made in Joby and is part of its effort to transform air travel.   Read More
Truely secures $3.5M to drive eSIM services across travel
News / Startups
Truely secures $3.5M to drive eSIM services across travel
By Mileva Sapic | October 2, 2024
Truely intends to release B2B2C services for major travel operators, airlines, airports, online travel agencies and service providers with $3.5 million in fresh funding. Read More
Air Doctor raises $20M for Asia expansion
News / Startups
Air Doctor raises $20M for Asia expansion
By Morgan Hines | October 1, 2024
Air Doctor has a network of 20,000 multilingual doctors and healthcare specialists in 84 countries across the world, which travelers can access through its app for virtual and in-person appointments. Read More
Cendyn builds out platform with acquisition of Knowland
News / Technology
Cendyn builds out platform with acquisition of Knowland
By Linda Fox | October 1, 2024
Cendyn said the pairing of Knowland's meeting and event data with its own sales CRM, proposals and Grouprev technologies will enable hotels to drive group bookings from a single solution.   Read More
Travel startup funding in Q3 dominated by earlier rounds
News / Startups
Travel startup funding in Q3 dominated by earlier rounds
By Linda Fox | October 1, 2024
Check out who received investment and the deals that were done in PhocusWire's Q3 roundup of funding and M&A activity. Read More
Datalex raises €25M, unveils airline retailing technology
News / Technology
Datalex raises €25M, unveils airline retailing technology
By Linda Fox | September 26, 2024
Datalex recently unveiled its offer and order technology to help airlines boost conversion and drive revenue. The system uses IATA’s offer and order capabilities including NDC and ONE Order.  Read More
B2B ground transportation marketplace Distribusion raises $80M
News / Technology
B2B ground transportation marketplace Distribusion raises $80M
By Morgan Hines | September 26, 2024
Distribusion connects nearly 2,000 ground transportation providers worldwide across bus, rail and ferry services to more than 150 retailers through a single API. Read More
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