Investments

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

News / Startups

Raus adds €8.5M in funding for nature-based stays platform

By Linda Fox | November 9, 2023

Germany-based Raus offers cabin accommodation in areas near German cities, including Berlin and Dresden. The investment will go towards expansion across Europe with a launch in Austria planned soon. Read More

News / Online

Thailand OTA Traveligo gets $25M, rebrands to Gother

By Yeoh Siew Hoon - WiT | November 1, 2023

As part of its rebranding and expansion, Traveligo will partner with TakeMeTour, an online marketplace for tours and activities in Thailand. Read More

News / Technology

Kasa Living raises $70M to expand property portfolio

By Linda Fox | November 1, 2023

The company operates multifamily apartments, single-family homes and boutique hotels in cities including Seattle, Chicago and Denver. Read More

News / Startups

InterLnkd checks out with £1M investment

By Linda Fox | October 24, 2023

InterLnkd provides technology that enables travel suppliers such as airlines and tour operators to earn revenue by selling fashion, beauty and other items to travelers. Read More

News / Startups

Flash Pack adventure travel raises $6.2M to boost U.S. expansion

By Derek Catron | October 23, 2023

Flash Pack hopes to triple its employee count in the U.S., the company’s fastest-growing market, accounting for 60% of its total trip sales. Read More

News / Online

Industry leaders on the outlook for tours, activities and attractions

By Mitra Sorrells | October 20, 2023

Viator CCO Sarah Dines, Rezdy CEO Chris Atkin and investor Michael Zeisser were among the panelists discussing the tours and activities sector at Arival 360 Orlando. Read More

News / Startups

Anyplace raises $10.27M for remote work-friendly rentals

By Derek Catron | October 18, 2023

The Launch fund spearheaded the funding round, which brings total funding for Anyplace — a PhocusWire Hot 25 Startup for 2021 — to $18 million. Read More

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