Investments

News / Technology

Flexible living drives hospitality and residential technology convergence

By Matthew Parsons | October 8, 2024

The growing number of mixed-use properties creates gaps for a new breed of tech-enabled hospitality companies, in particular non-hotel brands, to enter new markets. Read More

News / Startups

Where are they now? Catching up with the Hot 25 Travel Startups for 2020

By Mileva Sapic | October 7, 2024

AllFly, Mize, Questo, Magpie and FutureStay update PhocusWire on what they've been up to since they were named part of PhocusWire's Hot 25 Travel Startups for 2020. Read More

News / Technology

Toyota invests $500M in electric air taxi maker Joby Aviation

By Morgan Hines | October 3, 2024

Toyota's new funding is on top of $394 million in prior investments it made in Joby and is part of its effort to transform air travel. Read More

News / Startups

Truely secures $3.5M to drive eSIM services across travel

By Mileva Sapic | October 2, 2024

Truely intends to release B2B2C services for major travel operators, airlines, airports, online travel agencies and service providers with $3.5 million in fresh funding. Read More

News / Startups

Air Doctor raises $20M for Asia expansion

By Morgan Hines | October 1, 2024

Air Doctor has a network of 20,000 multilingual doctors and healthcare specialists in 84 countries across the world, which travelers can access through its app for virtual and in-person appointments. Read More

News / Distribution

HotelRunner widens distribution offering with Bookingate acquisition

By Linda Fox | October 1, 2024

The acquisition broadens HotelRunner's offering, enabling it to help travel agencies, tour operators and destination management companies solve challenges with distribution as well as direct and offline... Read More

News / Startups

Travel startup funding in Q3 dominated by earlier rounds

By Linda Fox | October 1, 2024

Check out who received investment and the deals that were done in PhocusWire's Q3 roundup of funding and M&A activity. Read More

News / Technology

Datalex raises €25M, unveils airline retailing technology

By Linda Fox | September 26, 2024

Datalex recently unveiled its offer and order technology to help airlines boost conversion and drive revenue. The system uses IATA’s offer and order capabilities including NDC and ONE Order. Read More

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

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

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

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

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

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

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

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