Finance


ctm-acquires-tramada
News / Technology
CTM acquires travel tech software provider Tramada
By Mitra Sorrells | November 3, 2020
The acquisition comes just one month after CTM purchased U.S.-based Travel & Transport. Read More
rvshare-100-million
News / Online
RVshare raises $100M to expand peer-to-peer marketplace
By Mitra Sorrells | October 22, 2020
RVshare, which has more than 100,000 recreational vehicles available for rent through its platform, says the funds will help it rapidly scale. Read More
VIDEO: Travel investors on startup survival
News / Startups
VIDEO: Travel investors on startup survival
By Linda Fox | October 19, 2020
Executives from Rockaway Capital, Credit Suisse, Lakestar and PROfounders Capital discuss the advice given to travel startups on their portfolios. Read More
getaround-140-million-series-e
News / Online
Getaround raises $140M as revenue doubles during COVID
By Mitra Sorrells | October 15, 2020
Having now raised $600 million in total, Getaround says it will work toward reaching profitability. Read More
cover-genius-raises-15-million
News / Technology
Cover Genius raises $12M as COVID accelerates need for insurance tech
By Jill Menze | October 14, 2020
King River Capital led the round, which will help the insurance technology specialist expand its product suite and partner network. Read More
Thayer Ventures creates offshoot to raise $175M via an IPO
News / Startups
Thayer Ventures creates offshoot to raise $175M via an IPO
By Kevin May | October 12, 2020
The IPO move for the subsidiary will give it the opportunity to merge or acquire businesses that would benefit from access to the public markets. Read More
selina-acquires-remote-year
News / Online
Selina acquires Remote Year in move to serve growing remote workforce
By Mitra Sorrells | October 6, 2020
Remote Year will continue as its own brand but the two companies will work together to create new offerings for remote workers. Read More
kkday-series-c-75m
News / Distribution
KKday raises $75M Series C to grow new tour and activity product
By Mitra Sorrells | September 29, 2020
KKday launched its new booking management platform, Rezio, in March and says it has servied 150,000 customers as the demand for local experiences grows. Read More
Debut pitch decks from Uber and Airbnb - everyone started somewhere
News / Online
Debut pitch decks from Uber and Airbnb - everyone started somewhere
By Kevin May | September 28, 2020
Like all startups, Airbnb and Uber had to persuade partners and investors to support their ideas with finance and agreements. So how did they do it? Read More
Holidu raises new €5M investment, backed by a former Booking.com boss
News / Online
Holidu raises new €5M investment, backed by a former Booking.com boss
By Kevin May | September 21, 2020
Booking.com's former CEO, Kees Koolen, has put forward €4 million of his own money into the top-up round, alongside other, unnamed investors. Read More
15 vital points for travel startups to consider in their mid-pandemic strategy
News / Startups
15 vital points for travel startups to consider in their mid-pandemic strategy
By Kevin May | September 8, 2020
Insert a near-shutdown of the industry due to COVID-19 this year and you can multiply the existing challenges for travel startups tenfold. But they should think about these tips as they look ahead. Read More
Pricing principles to help hotels maximize revenue during COVID-19
Opinion / Distribution
Pricing principles to help hotels maximize revenue during COVID-19
By Vikram Singh | August 31, 2020
Hotels need a "back-to-basics" approach to pricing management, with a focus on facts not feelings. Read More
flight-centre-fy20-earnings
News / Online
Flight Centre sees emerging bright spot in business travel as it struggles with massive losses
By Mitra Sorrells | August 27, 2020
The company says it has taken the biggest hit in its leisure business, but corporate business recorded a $74 million AUD underlying profit in fiscal year 2020. Read More
reddoorz-wit-covid-recovery
News / Online
RedDoorz CEO chases profitability, sees opportunities for travel companies to IPO
By Yeoh Siew Hoon - WebInTravel | August 25, 2020
As Airbnb prepares for its much-anticipated IPO, RedDoorz co-founder and CEO Amit Saberwal predicts there will be more strong companies that emerge out of COVID and want to go public. Read More
Airbnb is set for a blockbuster IPO - here's why
Opinion / Online
Airbnb is set for a blockbuster IPO - here's why
By Tom Caton - AirDNA | August 24, 2020
Even amid COVID-19, Airbnb may be sneakily well-positioned to come out on top. Read More
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