Finance

News / Technology

Tire maker Bridgestone makes minority investment in May Mobility

By Jill Menze | March 23, 2022

Through the partnership, May Mobility will integrate Bridgestone’s tire-centric technologies into its autonomous vehicles. Read More

News / Startups

Dance wheels away with €20M for e-bike subscription service

By Linda Fox | March 22, 2022

The financing for the Berlin-based company will go toward further expansion. Read More

News / Startups

Short-term rental tech platform Futurestay raises $11M

By Mitra Sorrells | March 17, 2022

Founded in 2015, Futurestay provides technology and strategies to help independent property managers grow their businesses. Read More

News / Online

Vacasa revenue up 81% in ’21, expects profitability in ‘23

By Mitra Sorrells | March 16, 2022

The vacation rental management platform is raising its outlook for 2022 in its first financial report since going public in December. Read More

News / Online

GoTo looks to raise $1B for mobility services via IPO

By Linda Fox | March 16, 2022

The company was formed last year by the merger of Gojek and Tokopedia. Read More

News / Startups

WhyHotel rebrands to Placemakr, lands $90M investment

By Linda Fox | March 15, 2022

The company is rebranding to reflect its different business divisions of pop-up hotel and mixed-use apartment buildings. Read More

News / Startups

Travel management app Trzmo raises $1.2M

By Mitra Sorrells | March 11, 2022

The app presents flight itineraries, ground transportation details, weather and currency information and duty-free shopping recommendations in one dashboard. Read More

News / Online

Despegar turns Q4 profit 9% over 2019 levels

By Jill Menze | March 10, 2022

The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level. Read More

News / Online

Sonder revenue more than doubles in 2021

By Mitra Sorrells | March 10, 2022

Sonder, now a public company, says highlights of 2021 include the launch of its corporate travel offering and growing its portfolio by 51%. Read More

News / Online

Amex GBT notes corporate travel "resilience" in Omicron recovery

By Michael B. Baker - BTN | March 9, 2022

Transaction volume in February climbed back to more than half of its pre-pandemic level as part of a "strong recovery" from the omicron variant. Read More

News / Online

Airbnb "closely evaluating" new host applications in Ukraine

By Mitra Sorrells | March 9, 2022

With at least $2 million already paid to hosts of properties in Ukraine via Airbnb, the company says it is evaluating inquiries from new hosts more closely than it normally would. Read More

News / Online

Travel stocks fall as Ukraine crisis enters third week

By Robert Silk - Travel Weekly | March 8, 2022

U.S. travel industry stocks plunged over investor worries about surging oil prices and concerns about how Russia's ongoing invasion of Ukraine could impact European travel plans. Read More