Investments

Branchspace receives £5M investment
News / Online
Branchspace receives £5M investment
By Morgan Hines | August 31, 2023
Branchspace is a travel technology consultancy and software provider that works with airlines on digital retailing. Read More
Cendyn acquires hotel digital marketing provider WIHP
News / Online
Cendyn acquires hotel digital marketing provider WIHP
By Mitra Sorrells | August 30, 2023
WIHP is based in Paris, extending Cendyn's reach in the EMEA region. Read More
Travel investors remain bullish despite headwinds
News / Startups
Travel investors remain bullish despite headwinds
By Mitra Sorrells | August 28, 2023
Ennea Capital Partners' Andy Nau and Unlock Advisors' Cara Whitehill discuss where they see opportunities for innovation across the travel industry. Read More
Are airline patents a mark of industry innovation?
News / Technology
Are airline patents a mark of industry innovation?
By Linda Fox | August 25, 2023
Lufthansa Innovation Hub's study of airline patents filed over the past 20 years revealed a steady decline since 2016 with financial constraints and outsourcing of innovation among reasons for this... Read More
5 startups advance to Grand Finals in Phocuswright/WiT global pitch
News / Startups
5 startups advance to Grand Finals in Phocuswright/WiT global pitch
By PhocusWire | August 24, 2023
The Global Startup Pitch is part of an ongoing commitment from Phocuswright and WiT to cultivate innovation through activities such as Phocuswright's Innovation: Launch, PhocusWire's Hot 25 Travel... Read More
How travel startups are having success with crowdfunding
News / Startups
How travel startups are having success with crowdfunding
By Linda Fox | August 23, 2023
Startups Jurny, Your.rentals and Well Traveled used crowdfunding to raise capital and engage their customer communities amid a challenging fundraising environment. Read More
Archer secures $215M investment for eVTOL development
News / Technology
Archer secures $215M investment for eVTOL development
By Derek Catron | August 15, 2023
The company also announced its Midnight aircraft received FAA certification, an important step on its path to commercial operations in 2025. Read More
Cornerstone teams with Traxo on better business travel data
News / Technology
Cornerstone teams with Traxo on better business travel data
By Derek Catron | August 11, 2023
Cornerstone Information Systems plans to integrate Traxo’s out-of-channel travel bookings into its data and automation products.   Read More
Could high-end RV parks be the next hot category for lodging?
News / Online
Could high-end RV parks be the next hot category for lodging?
By Derek Catron | August 10, 2023
A Texas developer is investing $700 million – with more money in the pipeline – to create a new brand of amenity-rich RV parks suitable for year-round use. Read More
Outdoorsy offers financial support to encourage “glamping entrepreneurs”
News / Online
Outdoorsy offers financial support to encourage “glamping entrepreneurs”
By Mitra Sorrells | August 9, 2023
In the last year Outdoorsy has expanded beyond RVs to acquire two campgrounds and to offer other accommodations such as tents, cabins and tiny homes.  Read More
Inspirato gets $25M injection from Capital One Ventures
News / Online
Inspirato gets $25M injection from Capital One Ventures
By Linda Fox | August 9, 2023
Luxury travel subscription service Inspirato was launched in 2011 and went public via special purpose acquisition company in early 2022. Read More
Derive Ventures on small checks and strategic partnerships
News / Startups
Derive Ventures on small checks and strategic partnerships
By Linda Fox | August 8, 2023
With a fund of about $30 million, San Francisco-based Derive Ventures is looking to invest in travel startups at seed and Series A stage. Read More
18 startups to compete in Global Startup Pitch semifinals
News / Startups
18 startups to compete in Global Startup Pitch semifinals
By PhocusWire | August 7, 2023
The semifinals of the Global Startup Pitch, organized by WiT and Phocuswright, will be held on August 24 with a total of 18 startups, including three in a new "Wildcard 2" category. Read More
Casai ceases operations, founder shares 4 regrets
News / Startups
Casai ceases operations, founder shares 4 regrets
By Mitra Sorrells | August 1, 2023
After raising more than $50 million since its launch in 2019, Latin America-based hospitality startup Casai has closed down, prompting co-founder Nico Barawid to share some candid reflections.   Read More
Corporate travel platform secures €10M for expansion
News / Online
Corporate travel platform secures €10M for expansion
By Derek Catron | July 24, 2023
The investment, led by illimity, allows Italy-based BizAway to finalize new acquisitions and invest in new research and development.   Read More
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