Investments

News / Technology

Wall Street analysts share views on travel future and AI

By Derek Catron | December 20, 2023

Analysts from TD Cowen, B. Riley Securities, Evercore and BTIG share insights on travel’s future and the role of AI during a panel discussion at The Phocuswright Conference. Read More

News / Startups

Tracking travel startup investment trends in 2023

By Linda Fox | December 20, 2023

Many startups weathered 2023 and demonstrated if not actual profit, then at least a path to profitability, which helped them attract funding. Read More

The most popular news stories on PhocusWire in 2023

News / Technology

By PhocusWire | December 15, 2023

ChatGPT, the Hot 25 Travel Startups and news about major players like Expedia Group and Airbnb dominated the rankings. Read More

News / Online

Short-term rental companies Veeve, UnderTheDoormat Group merge

By Morgan Hines | December 14, 2023

As a combined entity, the group will serve as a full-service manager of “premium urban short lets” in Paris and London. Read More

News / Startups

Short-term rental monitoring startup Minut raises additional $5M

By Morgan Hines | December 8, 2023

Minut, which helps property managers and hosts to monitor their properties and automate workflows, plans to use the investment to fund product initiatives. Read More

News / Startups

Maison Sport lands £3.1M in funding, looks to agents for growth

By Linda Fox | December 6, 2023

U.K.-based Maison Sport is looking to collaborate more with travel agents, enabling them to sell its products via affiliate links or API integration. Read More

News / Startups

Ground transportation startup Transferz extends Series A with funding from Holiday Extras

By Mitra Sorrells | December 5, 2023

Founded in 2020, Transferz provides the technology to connect travel brands to local transportation companies offering services to and from more than 750 airports, seaports, train stations and more.... Read More

News / Technology

RoomRaccoon strengthens position with acquisition of iHotelligence

By Linda Fox | December 1, 2023

RoomRaccoon described the acquisition of the Ireland-based company as the “natural next step” on its journey to becoming a leader in hotel management software. Read More

News / Startups

Top travel VCs on opportunities and challenges for innovation, funding

By Mitra Sorrells | November 30, 2023

Investors from F-Prime Capital, Par Capital Management and JetBlue Ventures shared their outlook for funding for travel startups at an event hosted by Plug and Play, Sabre and Flight Centre Travel... Read More

News / Startups

NUMA swoops up YAYS to expand hospitality brand across Europe

By Linda Fox | November 28, 2023

A statement says the deal adds 489 units to NUMA's portfolio and claims it creates the leading player across Germany, Austria, Switzerland and the Benelux region of Belgium, the Netherlands... Read More

News / Online

Outsite receives €300M in real estate funding as part of new partnership

By Morgan Hines | November 21, 2023

The company, which provides accommodations for digital nomads, is looking to grow its property count in Europe. Read More

News / Technology

India-based travel solutions provider RateGain raises $72M

By Derek Catron | November 21, 2023

RateGain will use the funds for strategic investments and inorganic growth such as acquisitions. Read More

News / Startups

Velocity Ventures invests in ByHours to support Asian expansion

By WebinTravel | November 20, 2023

The rising demand for microstays, particularly the unique three-hour pack, indicates a trend in consumer expectations in the hospitality sector. Read More

News / Startups

Virdee closes $12.4M Series A to fuel growth in hospitality sector

By Mitra Sorrells | November 20, 2023

Virdee’s platform automates all front desk transactions to improve the guest experience, eliminate lines and enable staff to focus on guest engagement. Read More

News / Startups

Travel M&A activity heats up in post-pandemic era

By Linda Fox | November 14, 2023

The report tracked a total of 1,758 companies sold between 2014 and Q3 2023 with the majority of the deals taking place in Europe, 42%, and the United States, 38%. Read More

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