Finance


BeCause secures $1.9M investment for sustainability data play
News / Startups
BeCause secures $1.9M investment for sustainability data play
By Linda Fox | November 29, 2023
The funding, which comes on top of $450,000 in angel investment announced earlier this year, will enable the startup to address further travel verticals including corporate travel and destinations. Read More
WeRoad adds €18M to cement position in Europe
News / Startups
WeRoad adds €18M to cement position in Europe
By Linda Fox | November 27, 2023
The company is present in the U.K., France, Germany, Italy and Spain and said its “strategic goal is to solidify its foothold in its five current markets and expand its presence across Europe" before... Read More
India-based travel solutions provider RateGain raises $72M
News / Technology
India-based travel solutions provider RateGain raises $72M
By Derek Catron | November 21, 2023
RateGain will use the funds for strategic investments and inorganic growth such as acquisitions.   Read More
Virdee closes $12.4M Series A to fuel growth in hospitality sector
News / Startups
Virdee closes $12.4M Series A to fuel growth in hospitality sector
By Mitra Sorrells | November 20, 2023
Virdee’s platform automates all front desk transactions to improve the guest experience, eliminate lines and enable staff to focus on guest engagement.  Read More
Evolving fintech in travel's super apps
News / Online
Evolving fintech in travel's super apps
By Phocuswright Research | November 14, 2023
This excerpt from Phocuswright’s Super Apps Secret Sauce explores the interplay between super apps and travel consumption.   Read More
Hot 25 Travel Startups for 2024: Deal Engine
Interview / Startups
Hot 25 Travel Startups for 2024: Deal Engine
By PhocusWire | November 14, 2023
Deal Engine uses artificial intelligence to streamline back office operations to help airlines and online and offline travel agencies run more efficiently and improve the traveler experience. Read More
Raus adds €8.5M in funding for nature-based stays platform
News / Startups
Raus adds €8.5M in funding for nature-based stays platform
By Linda Fox | November 9, 2023
Germany-based Raus offers cabin accommodation in areas near German cities, including Berlin and Dresden. The investment will go towards expansion across Europe with a launch in Austria planned soon. Read More
Vacation rental startup from Airbnb alums raises $18M Series A
News / Startups
Vacation rental startup from Airbnb alums raises $18M Series A
By PhocusWire | November 9, 2023
Summer combines a rent-to-own program with short-term rentals and property management. Read More
Travel helps Uber drive to another profitable quarter
News / Online
Travel helps Uber drive to another profitable quarter
By Derek Catron | November 7, 2023
Surging global travel demand played a part in Uber's strong quarter, CEO Dara Khosrowshahi said during a call with investors Tuesday morning. Read More
Amadeus shares optimistic outlook, reports positive earnings
News / Online
Amadeus shares optimistic outlook, reports positive earnings
By Morgan Hines | November 7, 2023
Amadeus’ total revenue was up more than 14% in the quarter, with the biggest jump coming from its air distribution and air IT solutions segments. Read More
The role of travel insurance for customer experience and loyalty
From Our Partners / Online
The role of travel insurance for customer experience and loyalty
By PhocusWire | November 6, 2023
Allianz Partners US CEO Jeff Wright discusses innovation in travel insurance and how effective solutions can serve as an extension of travel suppliers' brands and drive customer loyalty. Read More
Airbnb's Chesky envisions turning app into "ultimate travel agent"
News / Online
Airbnb's Chesky envisions turning app into "ultimate travel agent"
By Derek Catron | November 1, 2023
Airbnb CEO Brian Chesky covers AI’s potential, short-term rental regulations, a threat from Google – and why he thinks Airbnb has nowhere to go but up.   Read More
Thailand OTA Traveligo gets $25M, rebrands to Gother
News / Online
Thailand OTA Traveligo gets $25M, rebrands to Gother
By Yeoh Siew Hoon - WiT | November 1, 2023
As part of its rebranding and expansion, Traveligo will partner with TakeMeTour, an online marketplace for tours and activities in Thailand. Read More
AirAsia holding company seeks U.S. listing for Capital A International
News / Online
AirAsia holding company seeks U.S. listing for Capital A International
By Linda Fox | November 1, 2023
The business combination would see Capital A International, a new investment and strategic development company, become a stand-alone public company in the United States. Read More
Kasa Living raises $70M to expand property portfolio
News / Technology
Kasa Living raises $70M to expand property portfolio
By Linda Fox | November 1, 2023
The company operates multifamily apartments, single-family homes and boutique hotels in cities including Seattle, Chicago and Denver. Read More
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