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ToursByLocals survives decade of bootstrapping, raises $33M to accelerate growth
By Steven Lerner
|
January 13, 2020
Tritium Partners is leading the investment and is receiving a minority equity stake in the company.
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News
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Technology
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
By Steven Lerner
|
January 13, 2020
This latest investment, which is all equity, brings the company's total funding to date to €5 million.
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News
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Technology
Price-predicting app Atta raises $3M to strengthen Asia partnerships, marketing efforts
By Steven Lerner
|
January 10, 2020
Atta Inc. will also use the funding to recruit engineers and increase partnerships in the region.
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News
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Startups
FCM Travel Solutions invests in business travel startup Shep
By Jill Menze
|
January 7, 2020
Shep, one of PhocusWire's Hot 25 Startups for 2019, will lend its browser extension technology to FCM Travel Solutions' platforms.
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Online
Holiday deals site Icelolly gets £2M in funding to push marketing efforts
By Steven Lerner
|
January 7, 2020
Holiday comparison and deals platform Icelolly will boost its marketing strategy following a £2 million investment from Silicon Valley Bank.
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Startups
Hospitality startup The Guild bags $25M to fuel market expansion
By Steven Lerner
|
January 6, 2020
The Guild wants to expand its alternative accommodation operations into new cities and develop guest-friendly technology for business travelers.
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The digital travel revolution, next-gen consumers and the role of insurance
By PhocusWire
|
January 6, 2020
Over the course of two interviews, PhocusWire spoke to Beth Godlin, president at the Aon Travel Practice, about a wide range of issues in the travel industry.
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Technology
AI-powered bot Eddy Travels lands $500K inaugural round for market expansion
By Steven Lerner
|
December 27, 2019
Techstars Toronto, Practica Capital and Open Circle Capital VCs led the round, with participation from angel investors in the United States, Canada and the U.K.
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News
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Technology
Domio captures $100M investment for international expansion
By Steven Lerner
|
December 19, 2019
Upscale apartment-hotel provider Domio has secured $100 million in Series B funding.
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News
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Startups
VIDEO: Will early stage startup funding make a comeback in 2020?
By Steven Lerner
|
December 18, 2019
Phocuswright analysts discuss the state of travel startups in 2020 during The Phocuswright Conference in Florida in November.
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VIDEO: Fly Money - Summit pitch Phocuswright Conference 2019
By PhocusWire
|
December 18, 2019
Helping travelers pay like locals: Aggregating and pre-ordering all local payment methods to use during vacations - mobile, cash and cards.
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News
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Startups
Guided tours startup GuruWalk raises €1M to fuel pay-as-you-go model
By Steven Lerner
|
December 17, 2019
GuruWalk, a Spanish startup specializing in tip-based guided tours, has secured €1 million in seed round funding.
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News
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Technology
TravelFlan bags $7M to enhance IT, expand to new markets
By Steven Lerner
|
December 17, 2019
The Series A round brings the Hong Kong-based AI digital solution startup's total funding to more than $9.9 million.
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News
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Startups
Beachy raises $1M to fund new ancillary booking tools for hotels
By Steven Lerner
|
December 16, 2019
Beachy has secured $1 million in debt financing, which will be invested into its new food and beverage product.
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News
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Technology
TUI suffers 26% EBITA decline due to 737 MAX grounding
By Steven Lerner
|
December 11, 2019
TUI’s underlying EBITA tumbled 26% year-over-year from €1,143 million to €893 million due to the grounding of the Boeing 737 MAX aircraft.
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Airlines’ ancillary revenue grows twice as fast as overall revenue
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Google removes vacation rentals unit from search results in the EEA
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The agentic traveler: Is travel ready for AI booking demand?
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Flagship launches with 3 tours and activities brands, further acquisitions planned
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Marriott, Spotnana unveil CRS integration
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