Finance


Welcome Pickups adds €5.3M for product development and expansion
News / Online
Welcome Pickups adds €5.3M for product development and expansion
By Linda Fox | December 12, 2022
Existing investors Market One Capital, Flashpoint and Venture Friends also made up this latest investment in the Greece-based startup. Read More
Tough 2022 for travel startups as investors turn cautious
News / Startups
Tough 2022 for travel startups as investors turn cautious
By Linda Fox | December 12, 2022
Early stage rounds in particular have been highlighted as impacted by the more conservative approach from investors who, perhaps stung by the pandemic, turned to startups with a proven market fit. Read More
cabana funding round
News / Startups
Cabana fuels growth with $3M in fresh funding
By Kathryn Walson | December 9, 2022
Founded in 2019, the “mobile hotel” company was named a PhocusWire Hot 25 Startup for 2022. Read More
tripactions-credit-facilities
News / Online
TripActions picks up $400M in credit facilities to accelerate global growth
By Mitra Sorrells | December 8, 2022
The announcement comes two months after TripActions Series G funding that valued the company at $9.2 billion. Read More
selfbook-amex-ventures
News / Startups
American Express invests in hotel payment startup Selfbook
By Mitra Sorrells | December 8, 2022
Along with the investment, Selfbook says it is exploring collaboration with American Express on things such as streamlining payments and helping hotels expand their offerings. Read More
Evaneos lands €20M to develop its sustainable tourism marketplace
News / Online
Evaneos lands €20M to develop its sustainable tourism marketplace
By Linda Fox | December 7, 2022
Existing investors Partech, Level Equity, Quadrille Capital, XAnge, Serena Capital and Bpifrance have come together to participate in the funding for the France-based travel platform. Read More
Oyo restructuring India
News / Online
OYO restructures to scale up hotels and homes business
By Kathryn Walson | December 5, 2022
The India-based company is adding 250 employees to partner-relationship management and business development teams. Read More
Le Collectionist scores €60M for luxury rentals expansion
News / Online
Le Collectionist scores €60M for luxury rentals expansion
By Linda Fox | December 2, 2022
Highland Europe led the investment in the Paris, France-based business with a number of business angels and private investors also involved. Read More
blueground-tabas
News / Online
Blueground acquires Brazilian proptech startup Tabas
By Mitra Sorrells | November 18, 2022
The acquisition, the first for Blueground, enables the company to enter the Latin American market. Read More
street-talk-phocuswright-conference
News / Online
Economic uncertainty clouds analysts' travel outlook
By PhocusWire | November 17, 2022
Three Wall Street analysts share their outlook for the travel industry during the Street Talk panel at The Phocuswright Conference. Read More
Hot 25 Travel Startups for 2023: Nectar
Interview / Startups
Hot 25 Travel Startups for 2023: Nectar
By PhocusWire | November 15, 2022
Nectar provides specialized financing solutions for professional short-term rental and commercial real estate owners, managers and investors.  Read More
kyte-funding
News / Startups
On-demand car rental startup Kyte raises $60M for expansion
By Jill Menze | November 10, 2022
The Series B round will help Kyte on its mission to become “the world’s largest operator of electrified fleets.” Read More
Limehome lands €45M to fund more European expansion
News / Startups
Limehome lands €45M to fund more European expansion
By Linda Fox | November 8, 2022
The investment in the Germany-based business comes from new investors AW Rostamani Group and Capital Four, as well as existing investors HV Capital, Picus Capital and Lakestar. Read More
expedia-q3-2022
News / Online
Expedia Group sees record profitability, revenue in Q3
By Mitra Sorrells | November 3, 2022
 Revenue in the quarter came in at $3.6 billion compared to $2.9 billion in Q3 2021, a 22% increase.   Read More
Journey Hospitality lands £5M to grow its e-commerce platform
News / Technology
Journey Hospitality lands £5M to grow its e-commerce platform
By Linda Fox | November 3, 2022
The investment in the U.K.-based company, which launched in 2010, comes from Averroes Capital. Read More
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