Finance


borrow-a-boat-crowdfunding
News / Startups
Borrow A Boat raises £1.1M through crowdfunding
By Mitra Sorrells | November 18, 2021
Launched in 2017, Borrow A Boat’s platform includes both peer-to-peer listings as well as boat rental through traditional charter companies. Read More
hopper-fintech-future-travel-2
News / Technology
VIDEO: Hopper on fintech and the huge opportunity in travel
By PhocusWire | November 18, 2021
During a session at the Phocuswright Conference 2021 this week, Hopper CEO Fred Lalonde discussed the size of the opportunity he sees in fintech. Read More
AllTrails raises $150M to expand outdoors trip app
News / Online
AllTrails raises $150M to expand outdoors trip app
By Kevin May | November 18, 2021
The investment from Permira is double the value of the U.S.-based company's previous round in 2018 and brings its total funding so far to $227 million. Read More
VIDEO: SPACs and the future of travel investing
News / Startups
VIDEO: SPACs and the future of travel investing
By PhocusWire | November 17, 2021
During a session at the Phocuswright Conference 2021 this week, a session on SPACs put the spotlight on the benefits and pitfalls of using the mechanism to go public. Read More
TravelBank acquired by U.S. Bancorp
News / Technology
TravelBank acquired by U.S. Bancorp
By Kevin May | November 17, 2021
U.S.-based TravelBank, a member of the PhocusWire Hot 25 Travel Startups for 2020 collection, is a travel and expenses management platform. Read More
Q&A: SiteMinder on how it went public during a pandemic
News / Technology
Q&A: SiteMinder on how it went public during a pandemic
By Kevin May | November 9, 2021
We spoke to CEO Sankar Narayan, who took over from co-founder and managing director Mike Ford three years ago, at the end of the its first day of trading as a public company. Read More
phocuswire-pulse-spotnana
News / Startups
VIDEO: Building in stealth, launching and early phases for startups
By PhocusWire | November 5, 2021
The co-founder and CEO of the newest corporate travel startup, Spotnana, discusses why and how the company launched in stealth mode. Read More
VIDEO: Accelerators and nurturing startups
News / Startups
VIDEO: Accelerators and nurturing startups
By PhocusWire | November 4, 2021
Mark Lenahan at Travelport joined us at the PhocusWire Pulse: Startups in the Spotlight to explain how accelerators work and what types of businesses it is interested in. Read More
cloudbeds-series-d
News / Technology
Cloudbeds raises $150M to accelerate R&D and customer acquisition
By Mitra Sorrells | November 3, 2021
The company says it currently serves more than 22,000 properties, including independent hotels, hostels, vacation rentals, and hotel groups, across 157 countries.   Read More
cendyn-pegasus-merge
News / Technology
Cendyn, Pegasus merge to help hoteliers boost direct bookings
By Mitra Sorrells | November 2, 2021
The financial terms of the merger are not being disclosed and details about “branding, structure and leadership” will be shared once the deal is finalized in about a month.   Read More
Webintravel-2021-startup-funding
News / Startups
VIDEO: Next billion online travel consumers ready for the taking
By Linda Fox | October 29, 2021
The future cohort will have different values and behaviors and will require flexibility and an Amazon-like experience. Read More
hilton-q3-2021
News / Online
Hilton’s business travel bookings led by small and medium companies
By Mitra Sorrells | October 27, 2021
Hilton is reporting profit of $240 million in the third quarter of 2021, driven by high demand and near or above 2019-level rates for both leisure travel and bookings from small and medium enterprises. Read More
selfbook-series-a
News / Startups
Selfbook raises $25M in quest to reinvent hotel payments
By Mitra Sorrells | October 26, 2021
Selfbook says its software enables hotels to accept one-click payments on their websites while eliminating fraud and reducing chargebacks. Read More
tier-seriesD-funding
News / Startups
Tier rides away with $200M in funding
By Linda Fox | October 25, 2021
Tier plans to use its latest funding for acquisitions and strategic investments. Read More
Travel Chapter files for IPO in bid to expand rental services
News / Online
Travel Chapter files for IPO in bid to expand rental services
By Linda Fox | October 22, 2021
Travel Chapter, which has 8,000 homes in its portfolio, plans organic growth as well as acquisitions after listing on the London Stock Exchange. Read More
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