Investments

SeatBoost lands funding from International Airlines Group
News / Technology
SeatBoost lands funding from International Airlines Group
By Linda Fox | September 25, 2024
SeatBoost enables live auctions on mobile devices at the airport enabling passengers to bid to upgrade their seat and providing airlines with incremental revenue. Read More
AI and travel: Are we there yet?
Opinion / Technology
AI and travel: Are we there yet?
By Timothy O'Neil-Dunne - T2Impact | September 25, 2024
Timothy O'Neil-Dunne discusses why the travel industry shouldn't be over-reliant on artificial intelligence just yet. Read More
OYO is acquiring Motel 6 parent G6 Hospitality for $525M
News / Distribution
OYO is acquiring Motel 6 parent G6 Hospitality for $525M
By Linda Fox | September 23, 2024
Earlier this year OYO raised $174 million in Series G funding. G6 has a network of about 1,500 properties across the United States and Canada.   Read More
TripAdmit secures $1M in funding to expand internationally
News / Startups
TripAdmit secures $1M in funding to expand internationally
By Mileva Sapic | September 20, 2024
TripAdmit, which automates tipping and trip review collection for tour operators, plans to expand its footprint across North America and Europe. Read More
Hotel Engine raises $140M, rebrands to Engine
News / Technology
Hotel Engine raises $140M, rebrands to Engine
By Linda Fox | September 19, 2024
The company plans to use the funding to support product development, including the launch of flight and rental car bookings on its platform in October.   Read More
Mindtrip secures $12M investment, launches group chat
News / Startups
Mindtrip secures $12M investment, launches group chat
By Mileva Sapic | September 18, 2024
Mindtrip will use the investment to scale operations as it rolls out of a series of collaborative trip planning features for groups. Read More
Point.me secures $15M to expand travel rewards search platform
News / Startups
Point.me secures $15M to expand travel rewards search platform
By Linda Fox | September 18, 2024
The investment was led by Nyca Partners and Citi Ventures with Samsung Next, RiverPark Ventures, Meta executives, the co-founder of ITA Software (Google Flights), Thayer Ventures and PAR Capital... Read More
Hospitality experiences platform Turneo raises $2M seed investment
News / Online
Hospitality experiences platform Turneo raises $2M seed investment
By Mileva Sapic | September 18, 2024
Travel tech startup, Turneo, plans to further expand its global footprint and enable more hotels to offer in-destination activities to guests with the investment led by Bessemer Venture Partners. Read More
“Founder mode” or "manager mode"? Travel execs weigh in on leadership styles
News / Startups
“Founder mode” or "manager mode"? Travel execs weigh in on leadership styles
By Morgan Hines | September 18, 2024
Travel leaders share their take on recent comments from Airbnb CEO Brian Chesky about the management style he believes is most effective.   Read More
Mayfair invests $35M in BizAway
News / Startups
Mayfair invests $35M in BizAway
By Mileva Sapic | September 16, 2024
BizAway plans to implement new AI and data strategies and develop additional products that will help solve the challenges experienced by corporate travelers with Mayfair's $35 million investment. Read More
Uber and Turo partner to integrate car rentals into uber app
News / Online
Uber and Turo partner to integrate car rentals into uber app
By Mileva Sapic | September 6, 2024
Uber customers in the U.S., U.K., Canada, Australia and France will soon be able to rent from Turo's selection of vehicles directly through the Uber platform. Read More
Host & Stay receives £10.5M to support “buy-and-build” strategy
News / Startups
Host & Stay receives £10.5M to support “buy-and-build” strategy
By Morgan Hines | September 5, 2024
With the backing of Growth Partner, Host & Stay’s “buy-and-build” strategy will have immediate momentum, starting with the company’s acquisition of Airhost For You and Norfolk Holiday Properties. Read More
Thomas Cook finds new home with Poland's eSky Group
News / Online
Thomas Cook finds new home with Poland's eSky Group
By Linda Fox | September 5, 2024
The Poland-based travel company that operates the eSky and eDestino brands has acquired Thomas Cook from Fosun Tourism Group. Read More
Lufthansa seeks startup partnerships, spins out Cosmos platform
News / Startups
Lufthansa seeks startup partnerships, spins out Cosmos platform
By Linda Fox | August 30, 2024
The hub has unveiled “Startup Gate,” a venture clienting platform to connect Lufthansa Group with startups, as part of a strategy to double down on partnerships. Read More
CEO Spotlight: Steve Singh of Spotnana
Interview / Technology
CEO Spotlight: Steve Singh of Spotnana
By Linda Fox | August 29, 2024
Steve Singh was announced as CEO of Spotnana in June, adding to his existing roles of executive chairman of Direct Travel, Troop, Spotnana and Center as well as other technology companies. He is also... Read More
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