Finance

News / Startups

Funding for STR startups cooling but more resilient than other verticals

By Phocuswright Research | March 18, 2024

While there are typically multiple $100 million-dollar-plus funding rounds that occur in the short-term rental space in a given year, 2023 only featured one. Read More

News / Startups

Voi raises $25M to scale e-scooter and e-bike fleet

By Morgan Hines | March 14, 2024

As the world of micro-mobility sees consolidation, Voi has raised an additional $25 million in funding. Read More

News / Technology

Chilean-based tech provider Airnguru raises $1M

By D.J. Catron | March 12, 2024

The Chile-based company said the pre-Series A funding will be used to add new products and to onboard more airline clients to use its pricing solutions. Read More

News / Technology

WTTC partners with Oliver Wyman to drive sustainability in travel

By Linda Fox | March 7, 2024

WTTC and Oliver Wyman are helping the industry navigate the regulatory landscape when it comes to sustainability, while startups BeCause and Weeva are helping hotels with data collection and insights. Read More

News / Online

Evaneos invests in Planeterra as part of partnership to foster community tourism

By Mitra Sorrells | March 6, 2024

Evaneos is an online marketplace connecting travelers with local tourism agencies around the world, and Planeterra is a nonprofit founded by G Adventures founder Bruce Poon Tip. Read More

News / Online

Plusgrade gets investment from General Atlantic to fuel growth, M&A

By Mitra Sorrells | March 5, 2024

Founded in 2009, Plusgrade provides ancillary revenue solutions and loyalty expertise for travel suppliers, with more than 200 customers across a variety of sectors. Read More

News / Online

Mews raises $110M at $1.2B valuation

By Mitra Sorrells | March 4, 2024

Mews said it crossed $100 million in annualized net revenue in the last year. It will use the funding to accelerate its global expansion, product growth and acquisition strategy. Read More

News / Technology

15below gets investment from LDC to accelerate growth

By Mitra Sorrells | March 1, 2024

Founded in 2000, 15below currently works with more than 60 airlines, rail operators, travel agencies and TMCs and partners with Amadeus and Navitaire. Read More

News / Online

Vacasa lays off 5%, COO Banczak leaving as company acknowledges challenges ahead

By Mitra Sorrells | February 28, 2024

Vacasa's bookings dropped for the third straight quarter in Q4 2023, and the company ended the year with its inventory down 5%. Read More

News / Distribution

Amadeus 2023 revenue hits €5.4B, expects growth from Vision-Box acquisition

By Linda Fox | February 28, 2024

Amadeus revenue in Q4 increased 18% to almost €1.4 billion with EBITDA up 18% to €469 million and a 47% increase in profit to €210 million. Read More

News / Online

Booking Holdings will appeal $530M fine by Spanish competition authority

By Mitra Sorrells | February 22, 2024

Booking Holdings reported its fourth quarter and full year 2023 earnings late Thursday, with records across multiple financial metrics including revenue that soared 40% higher than 2019. Read More