Finance

News / Online

Zoomcar seeks public listing via SPAC

By Linda Fox | October 14, 2022

The transaction values the combined company, which will be renamed Zooomcar Holdings, at $456 million. Read More

News / Startups

Selina updates on public listing, reveals roadmap

By Linda Fox | October 13, 2022

The company, which announced a plan to go public via a business combination almost a year ago, says revenue for the first half of 2022 was $86 million, a 142% increase year-on-year. Read More

News / Online

TripActions raises $304M for further expansion

By Linda Fox | October 12, 2022

The funds consist of $154 million in equity provided by new and existing investors combined with a $150 million capital structure investment led by Coatue. Read More

News / Startups

Bob W continues buying spree, acquires KOTI

By Linda Fox | October 10, 2022

The acquisition of Finland-based KOTI is Bob W’s second this year following its acquisition of Estonishing Stays in May. Read More

News / Online

Travello poised for further acquisitions following £5.7M investment

By Linda Fox | October 7, 2022

Australia-based Travello will use the funds to strengthen its position in the destination as well as take advantage of the pent-up demand for travel experiences as the industry recovers. Read More

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News / Online

Phocuswright Conference 2022: The inside scoop from Wall Street analysts

By PhocusWire | October 4, 2022

Hear from Evercore senior managing director Mark Mahaney, UBS managing director Lloyd Walmsley and Truist Securities director Naved Khan at The Phocuswright Conference in November. Read More

News / Online

Traveloka taps into $300M financing facility

By Yeoh Siew Hoon - WebinTravel | September 30, 2022

INA and Traveloka say the round attracted significant interest from a number of high-quality long-term capital providers, resulting in an oversubscribed transaction. Read More

News / Online

TripActions tight-lipped on confidential IPO plans

By Linda Fox | September 30, 2022

The corporate travel startup says it has considered an IPO as one option to fund the business but declined to comment on specific plans or timing. Read More

News / Online

Guesty nabs two hospitality software companies in continued acquisition spree

By Mitra Sorrells | September 28, 2022

The new acquisitions bring Spain-based vacation rental software company Kigo and Australian property management software company HiRUM Software Solutions under Guesty’s umbrella. Read More

News / Online

India's WB Hotels plots expansion following new investment

By Linda Fox | September 28, 2022

The India-based group, which describes itself as tech-led, says the funds are from existing investors. Read More

News / Startups

Borrow A Boat targets U.S. growth with latest acquisition

By Mitra Sorrells | September 28, 2022

Borrow A Boat's acquisition of KellyBoat is its third this year and first in the United States. Read More

News / Startups

B2C versus B2B travel startup funding tells an interesting story

By Phocuswright | September 26, 2022

The share of B2C versus B2B funding has trended toward B2B companies for years, and in 2021 B2B funding hit its highest share ever, at 39%. Read More

News / Online

Trip.com Group sees signs of optimism despite revenue drop in Q2

By Mitra Sorrells | September 22, 2022

Trip.com Group's total revenue in the second quarter of this year came in at $598 million, down 32% from the same period in 2021 and down 2% compared to the prior quarter. Read More

News / Startups

Zartico raises $20M to help destinations make sense of visitor data

By Mitra Sorrells | September 21, 2022

Founded in March 2020, Zartico has raised a total of $24.5 million and says it has more than 180 customers. Read More

Interview / Online

Q&A: Cleartrip CFO on how the Flipkart deal is fueling growth

By Kathryn Walson | September 20, 2022

Cleartrip CFO Aditya Agarwal discusses the benefits of having Flipkart as a distribution channel as well as how the OTA is reviving its hotels business. Read More

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