Finance

Uber doubles revenue to $8.1 billion in Q2 2022
News / Online
Uber doubles revenue to $8.1 billion in Q2 2022
By Jill Menze | August 2, 2022
Gross bookings for the quarter also reached an all-time high, growing 33% to $29.1 billion. Read More
spotnana-75m-series-b
News / Startups
Spotnana raises $75M Series B to grow cloud-based travel platform
By Mitra Sorrells | July 26, 2022
Since its launch last fall, Spotnana says it has added several corporate customers, including Brex, as well as TMCs and technology partners using its system.  Read More
Qstay lands $6.5M to accelerate hospitality concept growth
News / Startups
Qstay lands $6.5M to accelerate hospitality concept growth
By Linda Fox | July 25, 2022
The Dubai-based hospitality concept wants to have more than 600 vacation rental units by the end of 2023. Read More
Report: The hospitality executive's guide to RMS technology
From Our Partners / Technology
Report: The hospitality executive's guide to RMS technology
By Cristina Polo | July 25, 2022
Find out how a comprehensive revenue management strategy can elevate a hotel group’s commercial performance across multiple customer touchpoints.   Read More
KKday gets $95M infusion to expand its footprint in Asia
News / Startups
KKday gets $95M infusion to expand its footprint in Asia
By Kathryn Walson | July 14, 2022
Taiwanese experiences platform KKday plans to "double down" on current initiatives including partnering with its merchants and OTAs to digitize their businesses. Read More
Online travel packages site VakantieDiscounter gets fresh investment
News / Online
Online travel packages site VakantieDiscounter gets fresh investment
By Linda Fox | July 14, 2022
Netherlands-based online travel agency VakantieDiscounter provides holiday package deals and is part of Otravo. Read More
mobee-travel-phocuswright-europe
News / Startups
VIDEO: Mobee Travel helps people with disabilities travel around the world
By PhocusWire | July 14, 2022
Executives from Mobee Travel explain the comprehensive services the startup provides for people with accessibility needs. Read More
Trip.com Group revenue remains steady, air ticket bookings rise in Q1 2022
News / Online
Trip.com Group revenue remains steady, air ticket bookings rise in Q1 2022
By Jill Menze | June 28, 2022
The COVID-19 resurgence in China impacted Trip.com Group’s operations for the first quarter of 2022, with net revenue remaining flat year-over-year. Read More
zipp-mobility-funding
News / Startups
Zipp Mobility secures €6.1M for e-scooter and e-bike expansion
By Kathryn Walson | June 24, 2022
Established in 2019, Zipp Mobility has e-scooter and e-bike operations in nine cities in the U.K., Ireland and Poland.   Read More
kiwi-100m-funding
News / Online
Kiwi.com raises €100M to build on innovation
By Kathryn Walson | June 22, 2022
Kiwi plans to use the convertible bond funding to boost its customer experience and product innovation.    Read More
Airbnb highlights unique properties through funding campaign
News / Online
Airbnb highlights unique properties through funding campaign
By Linda Fox | June 22, 2022
The company is providing $100,000 each to 100 people to create a unique property. Read More
omio-80million
News / Online
Omio raises $80M to fuel global expansion
By Mitra Sorrells | June 21, 2022
Omio says a surge in travel demand has boosted its booking to more than 140% above 2019 levels.   Read More
Distribusion raises €30M to expand ground transportation platform
News / Startups
Distribusion raises €30M to expand ground transportation platform
By Linda Fox | June 15, 2022
Distribusion wants to expand its B2B marketplace beyond its current presence in Europe and Latin America. Read More
holisto-ota-spac
News / Online
Holisto latest to seek public listing via SPAC
By Linda Fox | June 14, 2022
The business combination values Holisto at $405 million with the deal expected to close in the fourth quarter of 2022. Read More
choice-acquires-radisson
News / Online
Choice Hotels acquires Radisson Hotel Group Americas for $675M
By Mitra Sorrells | June 13, 2022
The acquisition gives Choice nine brands, 624 hotels and more than 68,000 rooms.   Read More
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