Finance


AI, the customer journey and the future of travel insurance
Opinion / Technology
AI, the customer journey and the future of travel insurance
By Sasha Gainullin – Battleface | August 25, 2023
Artificial intelligence and machine learning present huge opportunities to reshape how the travel insurance industry operates. Read More
Axis Bank partners with Cleartrip to bring travel benefits to cardholders
News / Online
Axis Bank partners with Cleartrip to bring travel benefits to cardholders
By Morgan Hines | August 25, 2023
India-based Cleartrip and Axis Bank are linking up to provide Axis Bank cardholders with special travel perks when they book with Cleartrip. Read More
Ramp lands $300M investment, looks to accelerate growth
News / Startups
Ramp lands $300M investment, looks to accelerate growth
By Linda Fox | August 23, 2023
Investment in the company, which was founded in 2019, was led by Thrive Capital and Sands Capital while existing investors Founders Fund, General Catalyst, Lux Capital and Definition also participated. Read More
How travel startups are having success with crowdfunding
News / Startups
How travel startups are having success with crowdfunding
By Linda Fox | August 23, 2023
Startups Jurny, Your.rentals and Well Traveled used crowdfunding to raise capital and engage their customer communities amid a challenging fundraising environment. Read More
Climate-focused travel management platform Goodwings raises $1.5M
News / Startups
Climate-focused travel management platform Goodwings raises $1.5M
By Mitra Sorrells | August 22, 2023
The company’s subscription-based platform enables businesses to use the commissions from their travel bookings to purchase green aviation fuel and carbon offsets. Read More
Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group
News / Online
Earnings roundup: Amex GBT, Sonder, Vacasa and TUI Group
By Mitra Sorrells | August 11, 2023
As publicly traded travel companies continue to report their earnings for the three months ending in June, we round up the latest reports.   Read More
Mastercard report sees business travel at tipping point
News / Online
Mastercard report sees business travel at tipping point
By Derek Catron | August 10, 2023
With global business travel staging a comeback after years of uncertainty, Mastercard’s survey of travel decision makers identifies opportunities to support transformation.   Read More
Could high-end RV parks be the next hot category for lodging?
News / Online
Could high-end RV parks be the next hot category for lodging?
By Derek Catron | August 10, 2023
A Texas developer is investing $700 million – with more money in the pipeline – to create a new brand of amenity-rich RV parks suitable for year-round use. Read More
Business travel pivots: From leakage to leverage
From Our Partners / Online
Business travel pivots: From leakage to leverage
By Vineet Taneja - Brex | August 10, 2023
The modern employee experience using tools and technology should be intuitive, easy and global. Why are travel programs still built on clunky systems from the past? Read More
Outdoorsy offers financial support to encourage “glamping entrepreneurs”
News / Online
Outdoorsy offers financial support to encourage “glamping entrepreneurs”
By Mitra Sorrells | August 9, 2023
In the last year Outdoorsy has expanded beyond RVs to acquire two campgrounds and to offer other accommodations such as tents, cabins and tiny homes.  Read More
Inspirato gets $25M injection from Capital One Ventures
News / Online
Inspirato gets $25M injection from Capital One Ventures
By Linda Fox | August 9, 2023
Luxury travel subscription service Inspirato was launched in 2011 and went public via special purpose acquisition company in early 2022. Read More
Tour and activity booking system provider Respax acquires Livn
News / Online
Tour and activity booking system provider Respax acquires Livn
By Janelle Visser - Arival | August 8, 2023
Another tech acquisition in the in-destination experiences sector sees Australia-based booking system provider ResPax take over struggling B2B connectivity provider Livn. Read More
Derive Ventures on small checks and strategic partnerships
News / Startups
Derive Ventures on small checks and strategic partnerships
By Linda Fox | August 8, 2023
With a fund of about $30 million, San Francisco-based Derive Ventures is looking to invest in travel startups at seed and Series A stage. Read More
HalalBooking adds $2.5M to Series B round
News / Startups
HalalBooking adds $2.5M to Series B round
By Mitra Sorrells | August 8, 2023
HalalBooking said its July sales were a record at $10 million, up 45% compared with July 2022, and it expects to reach $75 million in sales this year and $600 million in four to five years.   Read More
As rentals mature, so do the services surrounding them
News / Startups
As rentals mature, so do the services surrounding them
By Linda Fox | August 7, 2023
Safely, a company providing insurance solutions, and Sustonica, a startup seeking to provide properties with an environmental sustainability certificate, are two players helping to professionalize... Read More
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