Finance

News / Technology

Ixigo, Amadeus latest to add new fintech and payment options

By Linda Fox | September 16, 2022

Insurance products and buy-now-pay-later options are becoming more widespread in travel. Read More

News / Online

Eric Hart departs Expedia Group, Williams-Sonoma exec named CFO

By Mitra Sorrells | September 14, 2022

Hart will be replaced by Julie Whalen, who most recently was executive vice president and chief financial officer of Williams-Sonoma and has been a member of Expedia Group's board of directors. Read More

News / Distribution

Guesty expands hotel offerings with acquisition of YieldPlanet

By Mitra Sorrells | September 14, 2022

Guesty is also launching a new Distribution Hub that adds direct connections with Hopper, Trip.com, Marriott Homes & Villas and Google’s hotel and vacation rental search products. Read More

News / Online

Intrepid Travel acquires Australian tour operator Joob

By Kathryn Walson | September 13, 2022

Australia-based Intrepid Travel says the acquisition will bolster the growth of its DMC in Australia, which was created in 2021. Read More

News / Online

Short-term rental company Frontdesk scores $13M for expansion

By Kathryn Walson | September 13, 2022

The latest round brings Frontdesk's total equity financing to $22 million. Read More

News / Startups

Corporate payments startup Mesh scores $60M funding round

By Michael B. Baker - Business Travel News | September 9, 2022

Mesh aims to help companies automate and provide data around corporate spending, including travel and entertainment. Read More

News / Startups

Nectar nets $25M credit facility to help rental operators

By Linda Fox | September 6, 2022

The startup plans to use the financing to provide short-term rental owners and operators with advances on their cashflow. Read More

News / Online

Xiangdao Travel fuels up with $146M

By Kathryn Walson | August 26, 2022

Xiangdao Travel is a mobility brand operating under Chinese state-owned SAIC Motor Group. Read More

News / Startups

State of Travel Startups 2022: Investors betting on full recovery

By Jill Menze | August 22, 2022

Phocuswright's annual State of Travel Startups report finds that investors are betting on a full recovery sooner rather than later. Read More

News / Startups

Frontdesk picks up short-term rental units from shuttered WanderJaunt

By Mitra Sorrells | August 18, 2022

Frontdesk has acquired 33 short-term rental units and co-founder Jesse DePinto says there are "potentially hundreds more in the pipeline." Read More

News / Technology

Connect&GO raises $17M to expand attractions tech offering

By Mitra Sorrells | August 17, 2022

The Montreal-based technology company is aiming to double its revenue and number of installations each year. Read More

News / Online

Sonder recovers revenue, hits record RevPAR in Q2 2022

By Jill Menze | August 10, 2022

Sonder reported revenue of $121 million in Q2 2022, up 157% year-on-year and fueled by RevPAR growth. Read More

News / Online

OYO adds European vacation rentals with acquisition of Danish operator

By Mitra Sorrells | August 10, 2022

OYO's acquisition of Bornholm-based Bornholmske Feriehuse adds more than 730 homes to its DanCenter vacation rental brand. Read More

News / Online

Booking Holdings nearly doubles revenue in Q2 2022

By Jill Menze | August 3, 2022

Revenues for Q2 2022 were up 99% year-on-year to $4.3 billion, while room nights booked surpassed 2019 levels. Read More

News / Distribution

Sabre on “long-term upward trajectory” as bookings recover

By Jill Menze | August 2, 2022

Sabre revenue was $658 million for the second quarter of 2022, driven in part by an increase in global air, hotel and other travel bookings. Read More

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