Finance

News / Online

Loyalty platform Heymax.ai raises $2.6 million in seed funding

By Mileva Sapic | July 2, 2024

Loyalty platform Heymax.ai plans to help customers earn one free vacation every year by allowing them to earn Max Miles from their everyday purchases. Read More

News / Startups

Presenting the top investors in travel tech 2024

By Linda Fox & Mitra Sorrells | July 2, 2024

For the second year in a row, we have compiled data on the top venture capital investors in travel technology and asked some of those investors to share details on their strategies and outlook. Read More

News / Startups

Directo emerges from stealth with $1M in funding

By Linda Fox | June 27, 2024

Former Transparent co-founder Pierre Becerril and two others have created Directo to drive direct bookings for hotels and accommodation providers and help travelers access better deals. Read More

News / Technology

Duetto acquired by GrowthCurve private equity, plans AI acceleration

By Linda Fox | June 27, 2024

Private equity firm GrowthCurve Capital says it plans to apply its data science and artificial intelligence experience to help Duetto grow. Read More

News / Startups

Fetcherr boosted by $90M for further growth

By Linda Fox | June 26, 2024

Fetcherr, a PhocusWire Hot 25 Travel Startup for 2023, has signed a string of airlines for its AI-powered pricing and forecasting tools in recent months. Read More

News / Online

Vitruvian Partners increases stake in tour and activity marketplace Civitatis

By Mitra Sorrells | June 26, 2024

Founded in 2008 and based in Madrid, Civitatis offers 90,000 activities across 160 countries. The company said it had 10 million customers in 2023. Read More

News / Online

OTA ranking booster Otamiser raises $3M in first funding round

By Mileva Sapic | June 25, 2024

The startup said it will use the new capital to grow its commercial team as it aims to work with 1,000 hotels and 100,000 short-term rentals worldwide. Read More

News / Online

Travel investment analysis shows shifts in funding, opportunities for innovation

By Morgan Hines | June 20, 2024

F-Prime Capital partner Gaurav Tuli and Lufthansa Innovation Hub analyst Anna Schneider share their take on innovation and funding across the global travel industry, with additional perspective from a... Read More

News / Startups

Sustainable business travel startup Eco.mio raises 7-figure seed round

By Mitra Sorrells | June 18, 2024

Eco.mio provides a browser extension that helps companies guiding their employees to greener business travel decisions. Read More

News / Startups

Viator's origin story - a tale of a prince and a girl from Tasmania

By Linda Fox | June 14, 2024

Viator founder Rod Cuthbert shared the Phocuswright Europe 2024 Center Stage with Thayer Ventures' Chris Hemmeter to discuss how the tours and activities company came to be, selling it to Tripadvisor... Read More

News / Technology

Canary Technologies raises $50M to accelerate AI for hospitality guest engagement

By Mitra Sorrells | June 12, 2024

Canary works with more than 20,000 hoteliers around the world, including many that are part brands such as Wyndham, Marriott, Hilton and Four Seasons. Read More

News / Startups

Holibob adds funding for experiences technology push

By Linda Fox | June 10, 2024

Holibob, a PhocusWire Hot 25 Startup for 2023, said it plans to use the funds to further develop its technology, including its experiences marketing platform, to help travel brands and destinations sell... Read More

News / Online

India-based online travel agency Ixigo will open IPO Monday

By Mitra Sorrells | June 4, 2024

The IPO includes an issuance of fresh shares worth about $14.5 million and the sale of nearly 67 million shares from existing shareholders. Read More

News / Online

With “innovationism” as its new philosophy, Trip.com Group comes roaring back

By Yeoh Siew Hoon - WiT | June 3, 2024

At its event last week, Trip.com Group leadership outlined the company's goal to be the number one OTA for flights in five years, powered by growth driven by higher-tier members and younger generations. Read More

News / Distribution

European tour operator FTI files for insolvency

By Linda Fox | June 3, 2024

The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies. Read More

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