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Online
What travel companies can do to keep banks’ trust
By Bob Kaufman – ConnexPay
|
June 2, 2023
Banks become more conservative at times of economic unrest. The companies that bear the brunt of that conservatism are those that banks term “high risk” — and that unfortunately includes much of the...
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News
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Online
Blueground acquisition builds on monthly, furnished rentals network
By Derek Catron
|
June 1, 2023
Acquiring Nestpick sets up Blueground to launch an exclusive partner network of more than 18,000 curated, third-party furnished apartment providers around the world.
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News
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Online
GetYourGuide nabs $194M for global expansion, more AI development
By Mitra Sorrells
|
June 1, 2023
Along with a newly-launched ChatGPT plugin, GetYourGuide is exploring a variety of use cases for generative AI to help travelers, supply partners and its internal operations.
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News
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Startups
Atly plots mapping platform updates with $18M investment
By Linda Fox
|
May 31, 2023
Investment in the Israel-based company has come from Target Global, Tal Ventures and FKA Brands.
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News
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Startups
Hostaway raises $175M for vacation rental tech expansion
By Linda Fox
|
May 31, 2023
Hostaway, which launched in 2016, plans to put the funds towards recruitment, strengthening customer service and further growth, with acquisitions potentially in the cards.
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News
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Startups
HostGPO raises $6M to fuel expansion efforts
By Derek Catron
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May 26, 2023
Navitas Capital led the round alongside Omnia Partners. Also investing in the round are 75&Sunny, Brian Lee and PAR Capital Ventures.
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News
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Startups
Meet the 15 semifinalists of the Global Startup Pitch
By Yeoh Siew Hoon – Web In Travel
|
May 25, 2023
After a marathon of startup pitches that went around the world, 15 companies have been chosen as semifinalists in the Global Startup Pitch run by Web In Travel and Phocuswright.
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News
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Technology
Zuzu Hospitality checks in with $9M in funding
By Linda Fox
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May 25, 2023
The round for the Singapore-based company was led by SoftBank Ventures Asia with Atinum Partners and existing investors Wooshin Venture Investment, Visor Ventures and JG Digital Equity Ventures also...
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News
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Startups
Travel insurance startup Faye raises $10M
By Derek Catron
|
May 23, 2023
The funding round was led by Munich Re Ventures along with existing investors Viola Ventures and F2 Venture Capital.
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News
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Technology
Yanolja Cloud acquires B2B travel tech firm Go Global Travel
By Mitra Sorrells
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May 17, 2023
Founded in 2000, Go Global Travel is a B2B technology company that provides distribution of travel products including hotel and resort rooms, airline tickets and car rentals.
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News
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Online
Travel tech founders consider effects of bank failures
By Kathryn Walson
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May 16, 2023
Travel tech CEOs offer advice to founders as a string of recent bank failures in the U.S. has raised concerns about funding for travel startups.
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News
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Online
Mondee acquires Consolid and Interep to strengthen position in Latin America
By Kathryn Walson
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May 16, 2023
Travel marketplace and tech platform Mondee went public last summer under the ticker symbol MOND.
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News
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Startups
Connected trip company Worldia raises €25M for global expansion
By Kathryn Walson
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May 15, 2023
The Paris-based company plans to make its packaging technology available to travel distributors across Europe and North America and to hire people in research and development.
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News
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Online
Hugo Burge, online travel pioneer and startup investor, dies at 51
By Linda Fox
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May 12, 2023
Tributes are flooding in for online travel pioneer Hugo Burge, who died on Wednesday at age 51.
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News
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Startups
Kasa Living expands into single-home vacation rentals
By Mitra Sorrells
|
May 11, 2023
The company is adding luxury single-family homes to its portfolio of properties that primarily includes apartment-style accommodations.
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Airlines’ ancillary revenue grows twice as fast as overall revenue
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Flagship launches with 3 tours and activities brands, further acquisitions planned
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Indian travel platform Travelxp launches agentic AI trip concierge
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PhocusWire's travel tech news briefs: Klook, Omio, Amadeus and more...
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AI transformation in travel: Sejal Amin of Priceline
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Airbnb's Chesky outlines monetization strategy
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Marriott, Spotnana unveil CRS integration
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