Finance

News / Startups

From burnout to money problems - why startups fail

By Kevin May | August 17, 2021

The sad reality is that travel startups, even without a global pandemic to contend with, experience vast challenges to get them competing alongside existing and profitable companies. Read More

News / Startups

Zipp Mobility raises €1.3M for e-scooter expansion

By Linda Fox | August 17, 2021

Ireland-based Zipp Mobility holds licenses to operate e-scooters in several U.K. locations. Read More

News / Online

Hyatt acquires Apple Leisure Group for $2.7B

By Kevin May | August 16, 2021

Included in the deal are all of ALG's subsidiaries, including the Trisept Solutions travel technology wing that provides tools for leisure travel operators. Read More

News / Startups

HumanForest adds £2.3M in funding for London e-bike launch

By Linda Fox | August 12, 2021

HumanForest has raised £4.5M in total and is backed by Cabify founders. Read More

News / Startups

SendSquared raises $1M for guest communications platform

By Linda Fox | August 11, 2021

SendSquared will put the seed funding toward product development and expanding its sales, marketing and product teams. Read More

News / Startups

Accessible travel OTA Wheel the World raises $2M

By Mitra Sorrells | August 10, 2021

Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide. Read More

News / Startups

European car-sharing platform Karshare raises £3M for expansion

By Mitra Sorrells | August 9, 2021

Karshare says its revenue has increased 45% month-to-month across Bristol, Manchester, Coventry and London since the start of this year and now it will expand to new cities in the U.K. Read More

News / Startups

Voi adds $45M investment for e-scooter expansion and tech development

By Linda Fox | August 9, 2021

E-scooter company Voi initially announced its Series C round of $160 million in December 2020. Read More

News / Technology

Brazil’s Azul makes move into electric air taxis

By Mitra Sorrells | August 6, 2021

Azul and German startup Lilium will build an eVTOL network in Brazil, with Azul operating 220 of the electric aircraft. Read More

News / Startups

Urban short-term rental company Frontdesk raises $7M

By Mitra Sorrells | August 5, 2021

Frontdesk plans to continue its aggressive growth plan, with an aim to double its portfolio before the end of this year and turn profitable in 2022. Read More

News / Online

Russia's online travel primed as investment arrives

By Linda Fox | August 4, 2021

The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing. Read More

News / Online

Vietnamese tech conglomerate, OTA operator raises $250M

By Mitra Sorrells | August 2, 2021

VNLife operates VNTravel, a Vietnam-based online travel agency with more than five million customers. Read More

News / Online

TravelLocal raises £2.5M to expand tailor-made tours, merges with Trip.me

By Kevin May | August 2, 2021

The deal is being touted as a means to capitalize on the anticipated boom in demand with a "once in a generation" opportunity to bring two growing brands together. Read More

News / Online

Vacasa plots public listing through SPAC merger

By Kevin May | July 30, 2021

Trading under the ticker VCSA, publicly listed Vacasa is forecast to have a valuation of $4.5 billion as a result of the IPO and will generate $485 million in cash proceeds. Read More