Finance

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

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

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

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

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

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

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

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

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