Investments


despegar-acquires-best-day
Despegar acquires Mexico’s Best Day Travel Group for $136M
By Mitra Sorrells | January 27, 2020
Argentina-based Despegar will acquire Mexico's Best Day Travel Group. Read More
News | Online
life-house-30-million
Software-driven hotel brand Life House raises $30M, led by Thayer Ventures
By Mitra Sorrells | January 24, 2020
The Series B round will be used to grow Life House's boutique hotels business and management services. Read More
News | Startups
stasher luggage tag
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.   Read More
News | Online
How I Got Here, episode 21 - Gillian Morris of Hitlist
How I Got Here, episode 21 - Gillian Morris of Hitlist
By PhocusWire | January 23, 2020
Gillian Morris, co-founder and CEO of Hitlist, talks to Mozio's David Litwak and PhocusWire's Kevin May on how the platform went from idea to app-store favorite. Read More
Interview | Online
byhours mobile device
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. Read More
News | Online
arc-investment-nutravel
ARC boosts corporate travel services with majority stake in NuTravel
By Mitra Sorrells | January 22, 2020
ARC has taken a majority stake in NuTravel to accelerate delivery of omnichannel solutions for corporate travel. Read More
News | Technology
tripactions-lufthansa-investment
TripActions moves deeper into Europe with investment from Lufthansa Group
By Mitra Sorrells | January 21, 2020
TripActions will actively pursue clients in Europe with the help of Lufthansa Group. Read More
News | Online
joby aviation raises 590 million
Joby Aviation raises $590M for electric air taxi, hurdles remain for widespread adoption
By Jill Menze | January 20, 2020
Toyota Motor Corporation led the Series C round, bringing Joby Aviation's total funding to $720 million. Read More
News | Technology
The Future of Travel Experience: Digital overhaul, from air to rail
The Future of Travel Experience: Digital overhaul, from air to rail
By Jeff Katz - Journera  | January 17, 2020
In his series of interviews with industry leaders, Jeff Katz talks to Richard Anderson, CEO of Amtrak and former CEO of Delta Air Lines. Read More
Interview | Online
xie zhu technology funding
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.   Read More
News | Technology
Future IPO a "strong possibility" for SiteMinder as it lands fresh funding
Future IPO a "strong possibility" for SiteMinder as it lands fresh funding
By Linda Fox | January 16, 2020
SiteMinder lands significant fresh investment valuing the company at around $762 million and the prospect of a public listing in the future. Read More
News | Distribution
Locale series a round
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.   Read More
News | Online
Comtravo gets Microsoft venture fund on board with €9M round
Comtravo gets Microsoft venture fund on board with €9M round
By Linda Fox | January 14, 2020
The investment comes from Microsoft’s venture fund M12 and Joop Drechsel, former CEO of BCD Travel, who joins Comtravo’s board, as well as a number of other investors. Read More
News | Startups
ToursByLocals cover image
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. Read More
News | Distribution
Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion
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.   Read More
News | Technology