Finance

News / Online

Booking Holdings posts highest quarterly revenue in Q3 2022

By Kathryn Walson | November 2, 2022

Revenue for the third quarter of 2022 was up 29% year-on-year to $6.1 billion; adjusted EBITDA rose 26% year-on-year to $2.7 billion. Read More

News / Distribution

Sabre sees revenue increase in Q3 despite "slow start"

By Linda Fox | November 2, 2022

The company says international air bookings remained strong into September, and air bookings ended the month at their highest point since the pandemic began. Read More

News / Online

Airbnb reports most profitable quarter ever in Q3 2022

By Kathryn Walson | November 1, 2022

Revenue for the period ending Sept. 30, 2022, was $2.9 billion, up 29% year-on-year, while adjusted EBITDA was $1.5 billion – a 32% climb from Q3 2021. Read More

News / Startups

Volocopter tops up Series E funding with $182M

By Linda Fox | November 1, 2022

The investment comes from Saudi Arabia's smart city development project Neom and Gly Capital Management. Read More

News / Technology

Cover Genius raises $70M in Series D funding

By Mitra Sorrells | November 1, 2022

Cover Genius says the funding, an oversubscribed round, “represents a significant valuation uplift” from its Series C in 2021. Read More

News / Startups

Seqoon secures funding for vacation home co-ownership

By Linda Fox | October 31, 2022

Seqoon, a company enabling people to own a share of a rental home, has raised pre-seed funding of $500,000. Read More

News / Startups

“Nomadic traveler”-focused hospitality brand Selina goes public

By Mitra Sorrells | October 28, 2022

Founded in 2014 and based in London, Selina’s portfolio includes 163 open or secured properties in 25 countries. Read More

News / Startups

Bob W secures €21M in Series A funding

By Linda Fox | October 25, 2022

The round for the Helsinki-based business was led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint. Read More

News / Startups

WeTravel lands $27 million to add fintech solutions to platform

By Linda Fox | October 25, 2022

The investment was led by Left Lane Capital with existing investors Base10 Partners and Swift Ventures and a number of angel investors also involved. Read More

News / Online

Australia’s Camplify acquires European RV rental marketplace PaulCamper

By Mitra Sorrells | October 20, 2022

The acquisition adds operations in Germany as well as Austria and the Netherlands for Camplify, doubling the size of its business as measured by customers, fleet size, bookings and gross profit. Read More

News / Online

Revolut adds rental homes to existing accommodation offering

By Linda Fox | October 19, 2022

The U.K.-based company says the launch of Homes is part of its Stays accommodation booking service, unveiled in 2021. Read More

News / Startups

Holidu scores €100M to expand in existing markets

By Linda Fox | October 19, 2022

The Series E investment was led by 83North, with Northzone, HV Capital, Vintage Investment Partners, Commonfund Capital and existing investors also participating. Read More

News / Startups

CitySwift raises €5M for public transport intelligence tools

By Linda Fox | October 18, 2022

The Series A investment brings Ireland-based CitySwift's total funding to €8.5 million. Read More

News / Startups

QEEQ car rental gets investment from Alibaba-owned Fliggy

By Mitra Sorrells | October 18, 2022

QEEQ says the funding is part of a larger partnership it is developing with Fliggy to promote digitalization and innovation in the car rental category. Read More