Investments

 alt='Plusgrade UpStay acquisition'  title='Plusgrade UpStay acquisition'
News / Online
Plusgrade acquires UpStay to expand ancillary revenue solutions
By Kathryn Walson | January 31, 2023
Founded in 2009, Montreal-based Plusgrade says it has more than 200 airline, hospitality, cruise, rail and financial services partners globally.  Read More
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News / Technology
Airlines plan tech investment boost to drive efficiency
By Linda Fox | January 31, 2023
The latest SITA report on aviation technology reveals investment priorities including cybersecurity initiatives and cloud services. Read More
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News / Online
EaseMyTrip acquires majority stake in hotel booking business cheQin
By Linda Fox | January 27, 2023
The deal strengthens EaseMyTrip’s hotel channels and puts it in a “great position to give its customers a wide range of innovative hotel booking options.”  Read More
 alt='WhereToStay.com acquisition'  title='WhereToStay.com acquisition'
News / Online
Viadi Group acquires majority interest in WhereToStay.com
By Kathryn Walson | January 27, 2023
The WhereToStay.com team will continue to operate from its Texas headquarters, with support from Switzerland-based Viadi in scaling up the business. Read More
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News / Startups
French multimodal travel company Tictactrip raises €2M
By Mitra Sorrells | January 27, 2023
Tictactrip enables users to combine and book bus, train and carpooling options from more than 200 companies covering routes in 6,000 cities in Europe. Read More
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News / Technology
The evolution of in-room voice tech in hospitality
By Kathryn Walson | January 25, 2023
Voice assistants help short-staffed hotels by answering routine questions that the front desk would otherwise have to answer. They can also boost revenue by upselling spa services or future bookings,... Read More
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News / Startups
Isprava raises $19.5M for luxury home development and rentals
By Linda Fox | January 25, 2023
The investment in the Mumbai-based company was led by Symphony International Holdings. Read More
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Opinion / Online
Davos and the travel industry: 5 takeaways
By Jeffrey Katz - Journera | January 24, 2023
Journera CEO Jeffrey Katz shares the travel-related topics and trends from the World Economic Forum's Davos event. Read More
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News / Online
Kampaoh secures €14M to fuel expansion throughout Europe
By Kathryn Walson | January 23, 2023
The funding round consists of €12.5 million of debt combined with €1.5 million from Kampoah’s current partners JME Ventures, Encomenda and Axon Partners Group. Read More
 alt='Akia funding round'  title='Akia funding round'
News / Online
Hospitality communication tech provider Akia secures $6M
By Kathryn Walson | January 20, 2023
Akia says its two-way communication platform, powered by artificial intelligence, helps hotelsp enhance guest engagement, while its process automation system increases staff efficiency and drives... Read More
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News / Technology
Roomnet launches innovation lab to develop hotel tech
By Kathryn Walson | January 20, 2023
Roomnet's new lab is dedicated to testing and integrating cutting-edge technology that it says will shape the hotels of the future. Read More
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News / Startups
New online cruise booking site launches with $10M from prominent investors
By Mitra Sorrells | January 18, 2023
After a year of beta testing, Cruisebound is launching with backing from former Priceline CEO Jeff Boyd, Tripadvisor founder Steve Kaufer, Madrona Ventures managing director Steve Singh and others. Read More
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News / Online
Two chatbot companies serving travel secure funding for expansion
By Kathryn Walson | January 17, 2023
Dallas-based Inbenta has landed $40 million, while New York-based NLX has scored $4.6 million. Both companies cater to the travel sector, among other industries. Read More
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News / Startups
Profit optimization solution Hotelmize raises $12M
By Mitra Sorrells | January 11, 2023
Hotelmize uses its artificial intelligence and room mapping technology to monitor fluctuations in hotel rates, analyze its partners reservations and optimize their profits. Read More
 alt='Planet acquisitions hospitality'  title='Planet acquisitions hospitality'
News / Online
Planet expands hospitality footprint with three acquisitions
By Kathryn Walson | January 11, 2023
Planet's president of hospitality is Lennert De Jong, who joined the company in September after 16 years at CitizenM. Read More