Investments

IDS Next says the acquisition enables it to speed up the move to “full-stack enterprise cloud solutions” for hotel groups and chains. Read More

The Finnish company has developed autonomous driving software that works under challenging weather conditions. Read More

Surf Air mobility will also acquire Southern Airways Corporation, with the deal expected to complete at the same time as the proposed merger. Read More

The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022. Read More

Estonia-based Estonishing Stay, which launched in 2019, adds to Bob W’s existing portfolio of rentals across Europe. Read More

At Phocuswright Europe, three of the industry’s leading investment professionals will discuss the current and future outlook for travel funding. Read More

Tel Aviv-based Optibus claims it’s the first “unicorn” dedicated to the public transportation sector. Read More

Founded in 2021, Kindred helps homeowners and renters take advantage of work-from-anywhere flexibility. Read More

The company has agreed to merge with InterPrivate II Acquisition Corp with a value of $1.2 billion for the combined entity. Read More

CDS Groupe says it wants to become Europe’s leader in hotel reservation solutions for business travel. Read More

Built amid the pandemic and launched earlier this year, Faye allows travelers to file claims and receive reimbursement via its app. Read More

The company, whose brands include 12Go, GetByBus and Plataforma 10, has now raised a total of $80 million.   Read More

With the investment, off-grid accommodations provider CABN plans to grow from 11 sustainable cabins to more than 70 across the country. Read More

With Nuvola, Sabre aims to tackle the on-property fulfillment challenges that arise for hoteliers offering a wide range of ancillaries and attributes. Read More

The firm says it will form a new travel group to offer a suite of products to airlines and travel companies for retailing, distribution, interlining and passenger connectivity. Read More