Finance

News / Startups

Funding for travel startups was plentiful - then came coronavirus

By Steven Lerner | April 1, 2020

Entrepreneur Souzana Theodoridou explains how a funding deal for travel experience platform Grekaddict fell apart due to the coronavirus pandemic. Read More

News / Technology

Business travel platform Huilianyi raises $42M, aims for global expansion

By Steven Lerner | March 31, 2020

Shanghai-based business travel platform Huilianyi has landed RMB 300 million (about $42 million) in funding. Read More

News / Technology

Despite difficult times, ride-share company Via lands $200M investment

By Steven Lerner | March 31, 2020

Real-time ride-sharing company Via is now valued at a $2.25 billion thanks to a new $200 million Series E investment. Read More

News / Distribution

Amadeus plans for €300M cost-cutting program as coronavirus slams aviation

By Linda Fox | March 25, 2020

The company has been hit by a combination of trip cancellations and restrictions on international flights, impacting the volume of bookings and passengers boarded. Read More

News / Online

Could addiction to debt come back to haunt some online travel companies?

By Steven Lerner | March 25, 2020

If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies to survive economic obstacles. Read More

News / Technology

Electric air taxi company Lilium raises $240M toward developing regional service

By Steven Lerner | March 24, 2020

The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate with a regional mobility service as early as 2025. Read More

News / Technology

Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak

By Steven Lerner | March 20, 2020

In the face of the COVID-19 coronavirus outbreak, an artificial intelligence-driven hospitality startup has secured a $1.1 million seed round. Read More

Opinion / Distribution

Why long-term vision is critical to emergency measures and contingency planning

By Tedd Evers - TripTuner | March 19, 2020

What if by cutting staff across the board, we might impede future growth? Is there another way? Read More

News / Startups

What happens to travel startup funding during an economic downturn?

By Steven Lerner | March 19, 2020

During an economic downturn, startups should go back to basics and focus on positive unit economics. Read More

News / Online

Airbnb urges U.S. government to alter rules for hosts during coronavirus crisis

By Kevin May | March 18, 2020

In a letter to the speaker of the House of Representatives, Nancy Pelosi, as well as the Republican Party leader in the house, Kevin McCarthy, Airbnb is asking for four alterations to existing tax and... Read More

News / Online

Liberty Tripadvisor secures $325M investment, plans to repay existing margin loan

By Steven Lerner | March 17, 2020

Liberty Tripadvisor has landed a $325 million investment from Certares Management, which is expected to close within 10 business days. Read More

News / Online

Online travel stocks have fallen 38% in 2020 (mainly due to the coronavirus)

By Steven Lerner | March 13, 2020

Most of the value has been decimated due to the spread of the COVID-19 coronavirus, with bookings declining and analysts anticipating a long-term impact. Read More

News / Technology

Cloudbeds brings in $82M to “triple down” on hospitality tech

By Steven Lerner | March 11, 2020

Cloudbeds plans to further invest in its hospitality management technology platform after landing an additional $82 million in funding. Read More

News / Online

Laid-off Expedia Group workers have a message for the current regime

By Steven Lerner | March 11, 2020

A pair of recently downsized Expedia Group employees are shedding some light recent company layoffs and the events that led up to them. Read More

News / Startups

Perseverance, prudence - and slight pivots - are key to travel startup success during coronavirus

By Mitra Sorrells | March 9, 2020

Investors from Plug and Play and HV Holtzbrinck Ventures and the founder of startup Stride Travel weigh in on the short- and long-term impacts of the COVID-19 coronavirus on innovation in travel. Read More

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