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News
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Technology
Coronavirus upends revenue management strategies for hotels and airlines
By Mitra Sorrells
|
February 14, 2020
The growing coronavirus outbreak is creating challenges for revenue managers across all sectors of the travel industry.
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News
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Technology
Impala seizes $20M in funding to invest in hotel booking tools
By Steven Lerner
|
February 10, 2020
The all-equity round is backed by Lakestar, which previously invested in Airbnb and GetYourGuide, and Latitude Ventures, the Series B+ sister fund to LocalGuide.
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News
/
Startups
ATPI unveils venture arm for corporate travel startups focused on UX
By Linda Fox
|
February 10, 2020
Corporate travel company ATPI has unveiled an initiative called Endeavour to invest in travel startups that focus on the user experience.
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News
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Online
Turo rides off with an extra $30M in Series E funding, new celebrity investors
By Steven Lerner
|
February 6, 2020
Several celebrities, most notably NFL star Larry Fitzgerald and rapper 2 Chainz, are now shareholders in Turo.
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News
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Technology
Communications platform Beekeeper augments Series B with $5M in funding
By Steven Lerner
|
February 5, 2020
Nearly five months after announcing its $45 million Series B funding, Beekeeper is adding an extra $5 million to the round.
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News
/
Online
H2O Hospitality adds $7M in funding to sustain quarterly revenue growth
By Steven Lerner
|
February 4, 2020
The new round will be used to support the company’s fast-growing working capital needs.
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News
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Technology
Wishbox secures $2.5M to help property managers win upsells
By Steven Lerner
|
February 4, 2020
The company says the funding will be used to accelerate global expansion and to develop more opportunities for property managers to offer value to their guests.
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News
/
Distribution
Upgrade Pack completes $6.5M seed round, expands exclusive rewards marketplace
By Steven Lerner
|
January 29, 2020
Flight- and hotel-upgrade marketplace Upgrade Pack has secured $2.2 million in private investment to complete its $6.5 million seed round.
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News
/
Online
Nannybag packs €2M in funding to launch new door-to-door service
By Steven Lerner
|
January 28, 2020
Nannybag is a collaborative luggage storage network that allows travelers to entrust their belongings to local hotels and stores.
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News
/
Startups
Are venture capitalists consciously focusing on sustainability in travel?
By Steven Lerner
|
January 28, 2020
Although sustainability is gaining momentum among investors, is it advancing in travel?
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News
/
Startups
Mobility startup Bounce raises $105M on the path to electric vehicle expansion
By Steven Lerner
|
January 28, 2020
Bike and scooter rental company Bounce is developing its own fleet of electric vehicles with the help of a new investment of $105 million.
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News
/
Online
Luggage storage network Stasher bags $2.5M, eyes operations in 10,000 new cities
By Steven Lerner
|
January 23, 2020
The London-based startup provides a marketplace for travelers to find local shops and hotels that can store their luggage on a short- to medium-term basis.
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News
/
Online
By-the-hour hotel booking site ByHours adds €8M to launch U.S. operations
By Steven Lerner
|
January 22, 2020
Angel Ventures and DILA Capita led the Series B equity round, with participation by previous investor Howzat Partners.
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News
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Technology
Smart hotel specialist Xie Zhu Technology overcomes "capital winter" to raise $37M
By Steven Lerner
|
January 17, 2020
Xie Zhu Technology says it will use the funding for technology research and development, expanding into new markets in Southeast Asia and to prepare for a potential IPO in 2020.
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News
/
Online
Boutique apart-hotel brand Locale captures $11M to spur expansion, production innovation
By Steven Lerner
|
January 15, 2020
The company says it will use the funding to invest in digital product innovation, hire executive-level talent and expand operations into new cities.
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