Finance


Skyports lands $110M for air taxi infrastructure development in Dubai
News / Startups
Skyports lands $110M for air taxi infrastructure development in Dubai
By Linda Fox | April 17, 2024
After announcing a deal to develop vertiports in Dubai earlier this year, Skyports has received investment from ACS Group to help build the air taxi infrastructure. Read More
Exoticca secures €4M for further expansion
News / Startups
Exoticca secures €4M for further expansion
By D.J. Catron | April 16, 2024
Exoticca CEO Pere Vallés said the funding would help the company’s expansion in Latin America. Read More
Travel startup funding and M&A activity in Q1 2024
News / Startups
Travel startup funding and M&A activity in Q1 2024
By Linda Fox | April 16, 2024
Phocuswright's Travel Startups Interactive Database shows that after a down year in 2023, funding for travel startups has increased in the first quarter of 2024.   Read More
Guesty raises $130M to accelerate global expansion
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
Waymap lands £7M to improve navigation everywhere for everyone
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
A visual history of digital travel brands’ revenues since 1995
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
Sonder faces potential class action and gets “deficiency notification” from Nasdaq
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
BlaBlaCar receives €100M to bolster multimodal growth
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
Dutch startup Stippl announces funding, plans to use generative AI
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
India’s EaseMyTrip acquires minority interest in ETrav Tech
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
The 3 AI fintech trends shaping travel in 2024
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
Blueground raises $45 million in Series D funding round
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
Apartment subscription platform Landing acquires housing operator Barsala
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
Amex GBT's big CWT deal would add scale but faces scrutiny
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
Amex GBT acquiring CWT in $570M deal
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
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