Investments

News / Technology

Waymap lands £7M to improve navigation everywhere for everyone

By Linda Fox | April 9, 2024

The investment will go toward expanding into geographies including Asia Pacific and the Middle East, building on Waymap's existing presence in North Africa and Europe. Read More

News / Technology

Southwest Airlines' CIO on plans for its $1.7B technology investment

By Linda Fox | April 8, 2024

Southwest Airlines SVP of technology and chief information officer Lauren Woods discusses the carrier's approach to its tech investments, disruption and modernization through cloud and AI. Read More

News / Online

India’s EaseMyTrip acquires minority interest in ETrav Tech

By Mitra Sorrells | April 1, 2024

EaseMyTrip has made several investments in the last year to diversify its business beyond air travel into hotels and said this investment will help it grow its B2B efforts. Read More

News / Startups

Blueground raises $45 million in Series D funding round

By Morgan Hines | March 28, 2024

The global operator of flexible, furnished rentals will use the funding to develop technology and advance strategic initiatives. Read More

News / Online

Amex GBT acquiring CWT in $570M deal

By D.J. Catron | March 25, 2024

American Express GBT expects the acquisition of CWT to close in the second half of the year. Read More

News / Startups

Trip.com Group makes additional investment in PMS company Smart Order

By Mitra Sorrells | March 25, 2024

Also investing in this round is Chinese social media platform Xiaohongshu, which began working with Smart Order in 2020 and will now expand its offerings for hospitality clients to use its platform... Read More

News / Technology

D-Edge builds out hospitality tech offering with acquisition of LoungeUp

By Linda Fox | March 21, 2024

Accor-owned D-Edge said the acquisition “marks a significant step" toward integrated solutions covering the entire guest journey. Read More

News / Startups

Uber invests in Nigeria-founded mobility startup Moove

By Mitra Sorrells | March 19, 2024

Founded in 2020, Moove said it has helped finance vehicles for more than 20,000 customers across Africa, the Middle East, India and the United Kingdom who have provided more than 30 million trips... Read More

News / Startups

InDrive secures additional $150M from General Catalyst to accelerate growth

By Mitra Sorrells | March 18, 2024

Ride-hailing company inDrive operates in 46 countries and uses a bid-based business model whereby riders input pickup and drop-off locations and propose a price and drivers can either accept or... Read More

News / Startups

Funding for STR startups cooling but more resilient than other verticals

By Phocuswright Research | March 18, 2024

While there are typically multiple $100 million-dollar-plus funding rounds that occur in the short-term rental space in a given year, 2023 only featured one. Read More

News / Startups

Voi raises $25M to scale e-scooter and e-bike fleet

By Morgan Hines | March 14, 2024

As the world of micro-mobility sees consolidation, Voi has raised an additional $25 million in funding. Read More

News / Online

Mews raises $110M at $1.2B valuation

By Mitra Sorrells | March 4, 2024

Mews said it crossed $100 million in annualized net revenue in the last year. It will use the funding to accelerate its global expansion, product growth and acquisition strategy. Read More

News / Technology

15below gets investment from LDC to accelerate growth

By Mitra Sorrells | March 1, 2024

Founded in 2000, 15below currently works with more than 60 airlines, rail operators, travel agencies and TMCs and partners with Amadeus and Navitaire. Read More

News / Distribution

Mobility specialist CMAC Group acquired by ComfortDelGro for £80M

By Linda Fox | February 13, 2024

United Kingdom-based CMAC manages journeys for almost 3 million travelers through partnerships with airlines, train operators and corporations. It also offers private and ride-share transfer at... Read More

News / Startups

Travel startup Nicer raises $2M to bring AI to travel advisors

By Mitra Sorrells | February 8, 2024

The startup launched last year and has several prominent advisors, including Microsoft's Shane O'Flaherty and Brook Bay Capital founder Gilad Berenstein. Read More

Most Popular
Latest Stories