Investments

Air Doctor raises $20M for Asia expansion
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
HotelRunner widens distribution offering with Bookingate acquisition
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
Travel startup funding in Q3 dominated by earlier rounds
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
Datalex raises €25M, unveils airline retailing technology
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
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. 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