Finance

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

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

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

News / Startups

18 startups to compete in Global Startup Pitch semifinals

By PhocusWire | August 7, 2023

The semifinals of the Global Startup Pitch, organized by WiT and Phocuswright, will be held on August 24 with a total of 18 startups, including three in a new "Wildcard 2" category. Read More

News / Online

Citizens partners with Wyndham on vacation club pay plan

By Derek Catron | August 3, 2023

Citizens Pay allows Wyndham Destinations vacation club members to cover down payment costs with fixed monthly payments. Read More

News / Startups

Casai ceases operations, founder shares 4 regrets

By Mitra Sorrells | August 1, 2023

After raising more than $50 million since its launch in 2019, Latin America-based hospitality startup Casai has closed down, prompting co-founder Nico Barawid to share some candid reflections. Read More

News / Technology

United, JetBlue further investments in sustainability

By Derek Catron | July 31, 2023

United Airlines announced an increase to its sustainable flight fund along with new partners – including JetBlue Ventures, which is also investing in carbon dioxide removal technology. Read More

News / Online

OAG adds airfare data with acquisition of Infare

By Derek Catron | July 28, 2023

OAG acquired Infare from Ventiga Capital in a deal valuing the combined entity at over $500 million. Read More

News / Startups

Nezasa raises $4.7M to boost international growth

By Mitra Sorrells | July 26, 2023

Nezasa said the new investments strengthen the travel technology company's international growth strategy and accelerate the path to profitability. Read More

Interview / Startups

CEO Spotlight - Niko Karstikko of Bob W

By Linda Fox | July 25, 2023

Niko Karstikko and Sebastian Emberger set up Bob W in Helsinki in 2018 and have steadily grown its portfolio of city-based rental properties since then and raised €21 million in October 2022. Read More

News / Online

Corporate travel platform secures €10M for expansion

By Derek Catron | July 24, 2023

The investment, led by illimity, allows Italy-based BizAway to finalize new acquisitions and invest in new research and development. Read More

News / Startups

Lilium avoids delisting with $192M injection

By Linda Fox | July 18, 2023

EVTOL company Lilium hopes to achieve its first manned flight in the second half of 2024. Read More

News / Online

Expedia Group lays off staff in U.S. and abroad

By Mitra Sorrells | July 17, 2023

Beginning last Wednesday there are multiple posts on social media from people who say they were Expedia Group employees and have been laid off, and the company has confirmed the layoffs but would not... Read More

News / Startups

Boddy gets $2.2M to connect travelers with wellness activities

By Mitra Sorrells | July 13, 2023

Boddy operates a consumer-facing website and partners with hotels, airlines and online travel agencies to enable travelers to book wellness experiences in cities around the world. Read More