Finance


How I Got Here, episode 58 - Rami Zeidan of Life House
Interview / Distribution
How I Got Here, episode 58 - Rami Zeidan of Life House
By PhocusWire | April 1, 2021
After working in the finance and real estate worlds for the early part of his career, Rami Zeidan tells Mozio's David Litwak and Kevin May of PhocusWire how he took the plunge into the operational part... Read More
hopper-170m-hopper-cloud
News / Online
Hopper closes $170M funding round, creates new B2B offering with Capital One as first partner
By Mitra Sorrells | March 24, 2021
Hopper is kicking off an ambitious growth plan that includes the launch of Hopper Cloud, selling its infrastructure, agency content, financial technology and data science capabilities to other travel... Read More
Blacklane signals hailing expansion and sustainability push with €22M investment round
News / Online
Blacklane signals hailing expansion and sustainability push with €22M investment round
By Kevin May | March 24, 2021
The new round will be used to investment in local and regional rides and the development of sustainable transportation. Read More
Tripadvisor looks to raise $300M from convertible note offering
News / Online
Tripadvisor looks to raise $300M from convertible note offering
By Kevin May | March 22, 2021
The company says it intends to issue the notes via a private offering, with a due date of 2026. Read More
Momenta raises $500M to drive autonomous future
News / Startups
Momenta raises $500M to drive autonomous future
By Linda Fox | March 22, 2021
Momenta is developing technology for autonomous driving for passenger vehicles as well as for fully-autonomous mobility services. Read More
Sounding Off: Consolidation in rentals will be the story of 2021
Interview / Online
Sounding Off: Consolidation in rentals will be the story of 2021
By PhocusWire | March 19, 2021
What seems to be an important factor in this scenario is how the biggest platforms in the market, such as Airbnb, Vrbo and Booking.com, might react. Read More
guestready-porto-concierge
News / Startups
GuestReady returns to growth focus with acquisition of The Porto Concierge
By Mitra Sorrells | March 18, 2021
GuestReady has acquired The Porto Concierge, the largest short-term rental management company in Portugal, and aims to grow to 10,000 properties by 2023.  Read More
WATCH: Visualization of how 2020 ended for public digital travel brands
News / Online
WATCH: Visualization of how 2020 ended for public digital travel brands
By Kevin May | March 16, 2021
After an initial flurry of activity for travel brands in the third quarter, as lockdown restrictions eased in some countries, 2020 ended on a downbeat note for many companies. Read More
Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead
News / Online
Despegar "encouraged" by Q4 2020 performance, cautions "bumpy" road ahead
By Jill Menze | March 11, 2021
Room nights increased quarter-over-quarter, while on a year-over-year basis, transactions and room nights decreased 56% and 61%, respectively. Read More
HomeAway alums spearhead $200M investment SPAC
News / Technology
HomeAway alums spearhead $200M investment SPAC
By Kevin May | March 9, 2021
The SPAC is head by chairman Brian Sharples, who served as co-founder and CEO of HomeAway until 2016, alongside CEO Cotter Cunningham, previously founder, chairman and CEO of RetailMeNot. Read More
Bolt lands €20M for mobility tools in emerging economies
News / Startups
Bolt lands €20M for mobility tools in emerging economies
By Linda Fox | March 8, 2021
Bolt says it shares a goal with investor IFC to empower women and improve their access to transportation. Read More
EaseMyTrip plans IPO in India
News / Online
EaseMyTrip plans IPO in India
By Linda Fox | March 5, 2021
India-based OTA EaseMyTrip launched in 2018 and offers a range of travel services including flights, hotels, holidays and activities. Read More
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
News / Online
Traveloka mulls IPO avenue to take the Indonesian online giant to global markets
By Linda Fox | March 3, 2021
Traveloka says it is still considering listing in Indonesia but the U.S. provides global opportunities. Read More
Hertz devises restructuring plan after private equity injection
News / Distribution
Hertz devises restructuring plan after private equity injection
By Linda Fox | March 3, 2021
Investment firms Knighthead Capital and Certares Opportunities are committed to investing up to $4.2 billion. Read More
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
News / Online
Expedia Group and Booking Holdings slashed marketing by $6B in 2020 (but Airbnb now makes an entrance)
By Kevin May | March 2, 2021
The body check on marketing spend by the two giants of online travel in 2020 ends a run of gradually slowing increases in prior years. Read More
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