Investments

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

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

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. Read More

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

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

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

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

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

News / Online

IATA aims to improve airline communication on interline bags

By Robert Silk - Travel Weekly | August 26, 2024

A new IATA initiative will help airlines better communicate with one another and with airports as they deliver checked bags across interline itineraries. Read More

Opinion / Online

Is the multi-day tour industry ready for digital transformation?

By Ragnar Fjolnisson - Kaptio | August 23, 2024

Ragnar Fjölnisson, founder of Kaptio, writes that by fully embracing digital transformation, multi-day tour operators can enhance customer satisfaction, drive economic growth and contribute to a more... Read More

News / Startups

Steve Singh's latest business travel startup lands $6M for AI agent

By Linda Fox | August 22, 2024

Singh will serve as executive chairman of Otto, which is creating an AI-powered travel assistant to plan, book and support business travelers during a trip. Read More

News / Technology

Blackstone acquires hotel accounting tech specialist M3

By Linda Fox | August 16, 2024

M3, which was founded in 1998, provides a back-office accounting software platform as well as labor management and business intelligence tech to more than 8,000 properties in North America. Read More

News / Online

PhocusWire's weekly travel tech news briefs: Holibob, RedAwning, Cloudbeds, AirDNA and more

By PhocusWire | August 16, 2024

Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup. Read More

News / Startups

India-based all-electric Fresh Bus raises $10.5M for expansion

By Mitra Sorrells | August 13, 2024

Founded in 2023, Fresh Bus operates on intercity routes in India along with a digital-first customer experience that offers real-time bus tracking and a loyalty program. Read More

News / Online

Inspirato receives $10M, makes employee cuts, names new CEO

By Morgan Hines | August 13, 2024

The luxury travel subscription company received $10 million in equity financing, cut its workforce by 15% and named Payam Zamani as its new chairman and CEO. Read More

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