Finance

News / Startups

Guesty raises $130M to accelerate global expansion

By Mitra Sorrells | April 10, 2024

Guesty said it will use the funding to continue growing, as it expands its offerings to accommodate medium-term rentals, corporate housing and fully serviced stays. Read More

News / Technology

Waymap lands £7M to improve navigation everywhere for everyone

By Linda Fox | April 9, 2024

The investment will go toward expanding into geographies including Asia Pacific and the Middle East, building on Waymap's existing presence in North Africa and Europe. Read More

News / Online

A visual history of digital travel brands’ revenues since 1995

By Mitra Sorrells | April 9, 2024

Watch a visual progression of the quarterly revenues for publicly-traded digital travel companies dating back to 1995. Read More

News / Online

Sonder faces potential class action and gets “deficiency notification” from Nasdaq

By Mitra Sorrells | April 8, 2024

The Rosen Law Firm announced Sunday it is preparing a class action investigation into allegations Sonder may have “issued materially misleading business information to the investing public.” Read More

News / Online

BlaBlaCar receives €100M to bolster multimodal growth

By Morgan Hines | April 3, 2024

Paris-based BlaBlaCar said it has reached profitability over the last two years and will use this new funding to extend its multimodal strategy. Read More

News / Startups

Dutch startup Stippl announces funding, plans to use generative AI

By Morgan Hines | April 2, 2024

“All-in-one” travel platform Stippl has received €575,000 in funding as it plans its expansion. Read More

News / Online

India’s EaseMyTrip acquires minority interest in ETrav Tech

By Mitra Sorrells | April 1, 2024

EaseMyTrip has made several investments in the last year to diversify its business beyond air travel into hotels and said this investment will help it grow its B2B efforts. Read More

Opinion / Technology

The 3 AI fintech trends shaping travel in 2024

By David Doctor - Outpayce from Amadeus | March 29, 2024

Outpayce CEO David Doctor looks at how machine learning and AI are impacting travel payments. Read More

News / Startups

Blueground raises $45 million in Series D funding round

By Morgan Hines | March 28, 2024

The global operator of flexible, furnished rentals will use the funding to develop technology and advance strategic initiatives. Read More

News / Startups

Apartment subscription platform Landing acquires housing operator Barsala

By Mitra Sorrells | March 28, 2024

Founded in 2019, Landing said the acquisition will add more than 1,000 units across 11 U.S. markets to its portfolio. Read More

News / Online

Amex GBT's big CWT deal would add scale but faces scrutiny

By Michael B. Baker - BTN | March 26, 2024

American Express Global Business Travel's newly announced acquisition of rival CWT would be a merger of giants but might not face the regulatory scrutiny that has quashed recent major mergers in the... Read More

News / Online

Amex GBT acquiring CWT in $570M deal

By D.J. Catron | March 25, 2024

American Express GBT expects the acquisition of CWT to close in the second half of the year. Read More

News / Startups

Trip.com Group makes additional investment in PMS company Smart Order

By Mitra Sorrells | March 25, 2024

Also investing in this round is Chinese social media platform Xiaohongshu, which began working with Smart Order in 2020 and will now expand its offerings for hospitality clients to use its platform... Read More

News / Startups

Uber invests in Nigeria-founded mobility startup Moove

By Mitra Sorrells | March 19, 2024

Founded in 2020, Moove said it has helped finance vehicles for more than 20,000 customers across Africa, the Middle East, India and the United Kingdom who have provided more than 30 million trips... Read More

News / Startups

InDrive secures additional $150M from General Catalyst to accelerate growth

By Mitra Sorrells | March 18, 2024

Ride-hailing company inDrive operates in 46 countries and uses a bid-based business model whereby riders input pickup and drop-off locations and propose a price and drivers can either accept or... Read More

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