Finance

News / Startups

Sonder restructuring to include layoffs, growth limits

By Chris Davis - Business Travel News | June 10, 2022

Sonder is laying off 21% of its corporate employees and 7% of its front-line staff. Read More

News / Technology

Minieye tops up Series D for autonomous driving tech

By Linda Fox | June 9, 2022

Minieye brings its Series D round to a close with $120 million to invest in its autonomous driving technology. Read More

News / Startups

Journera raises $10M to grow its data exchange platform

By Mitra Sorrells | June 1, 2022

Journera says it will use the funding for market expansion. Read More

News / Startups

Borrow A Boat beats target, raises £1M in 24 hours

By Linda Fox | May 31, 2022

The U.K-based company has raised funding through crowd campaigns in the past landing more than £1 million late last year. Read More

Opinion / Startups

Tighter capital markets will test travel startups

By Bryan Auchterlonie - Destination Capital | May 31, 2022

In an uncertain capital market cycle, thinly capitalized growth companies will be more exposed and need to respond faster. Read More

News / Online

Amex GBT aims to accelerate growth with debut on public markets

By Mitra Sorrells | May 31, 2022

The newly combined company is known as Global Business Travel Group and trades under the symbol GBTG. Read More

News / Online

MakeMyTrip narrows losses, looks to international recovery in 2022

By Linda Fox | May 25, 2022

The OTA reported a full-year loss of $30 million for the year ending March 31, 2022, compared to $68 million for 2021. Read More

News / Startups

Accessible travel platform Mobee raises €1.5M in funding

By Linda Fox | May 24, 2022

The company offers accessible accommodation and activities via its platform. Read More

News / Startups

Sensible 4 lands EU loan for autonomous tech push

By Linda Fox | May 23, 2022

The Finnish company has developed autonomous driving software that works under challenging weather conditions. Read More

News / Online

Despegar posts second quarter of profitability as demand recovers

By Jill Menze | May 19, 2022

The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022. Read More

News / Online

Grab outperforms guidance with growth across all business units

By Mitra Sorrells | May 19, 2022

Mobility and delivery brand Grab posts revenue in the first quarter of $228 million, a 6% increase compared to the same period in 2021. Read More

News / Online

Bob W begins M&A ramp up, acquires Estonishing Stay

By Linda Fox | May 18, 2022

Estonia-based Estonishing Stay, which launched in 2019, adds to Bob W’s existing portfolio of rentals across Europe. Read More

News / Online

Phocuswright Europe 2022: The inside scoop from investors

By PhocusWire | May 18, 2022

At Phocuswright Europe, three of the industry’s leading investment professionals will discuss the current and future outlook for travel funding. Read More

News / Distribution

Amex GBT reports large client travel demand accelerating

By Michael B. Baker - BTN | May 17, 2022

For Q1 2022, Amex GBT reported $350 million in revenue, up 179% compared with the first quarter of 2021 and half of pre-pandemic levels in 2019. Read More

News / Technology

Travel fintech momentum builds as industry looks to boost revenue

By Linda Fox | May 17, 2022

Travel companies plan to equal or increase investment in fintech products and services this year. Read More

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