Investments

News / Startups

Bob W enters German market with acquisition of Charly Hospitality

By Kathryn Walson | April 20, 2023

The Helsinki-based company said it expects to operate more than 40 properties across Europe by the end of 2023. The company currently operates 27 apartment hotel and co-living properties. Read More

News / Startups

Spot2Nite RV platform lands $3M to fuel expansion

By Kathryn Walson | April 19, 2023

The Louisiana-based company was founded in 2019 by a family of avid RVers to “end the time-consuming … single-source booking routine prevalent throughout the campground community.” Read More

News / Startups

Yonder raises £62.5 million, eyes expansion beyond London

By Derek Catron | April 19, 2023

The credit card company is geared toward young users and those who want to redeem points they earn through purchases for experiences like dinners out or event tickets. Read More

From Our Partners / Technology

McKinsey analysts on investment patterns in travel

By PhocusWire | April 18, 2023

McKinsey partner Nina Wittkamp and associate partner Evgeni Kochman explain the trends they have seen in recent years for funding of travel startups and what this may mean for the future. Read More

News / Startups

Your.Rentals raises €2.15M to enhance vacation rental platform

By Kathryn Walson | April 18, 2023

The startup plans to use the funds to expand its team and “accelerate the development of its all-in-one solution for small property managers, agencies and hosts.” Read More

News / Online

Airbnb pauses new Experiences after predicting growth

By Kathryn Walson | April 17, 2023

The pause comes a year after CEO Brian Chesky called Airbnb Experiences a “massive, massive opportunity” and a “big area of investment in the coming years.” Read More

News / Online

ClimateTrade acquires TeamClimate to offer consumer subscription

By Kathryn Walson | April 14, 2023

ClimateTrade last year opened its U.S. headquarters in Miami and acquired E-Verde, a software-as-a-service provider specialized in carbon footprint calculation. Read More

News / Online

Mews expands North America operations with acquisition of Hotello

By Mitra Sorrells | April 13, 2023

The acquisition of Hotello, a Montreal-based company serving hotels in the United States and Canada, is the sixth acquisition for Amsterdam-based Mews in the past four years. Read More

News / Online

InteleTravel acquisition links leisure and business travel

By Kathryn Walson | April 12, 2023

InteleTravel and Hickory Global Partners said that by merging resources they can better cater to the blended travel market. Read More

News / Startups

TerraPay raises $100M to expand global payments infrastructure

By Derek Catron | April 12, 2023

Travel is one sector TerraPay is targeting for growth as it aims to reach 150 countries by 2024. Read More

News / Startups

Vacation rental marketplace Whimstay scores $10M

By Kathryn Walson | April 11, 2023

The San Francisco-based company plans to use the funding toward “key new hires” and the development of new products and features. Read More

News / Online

Uber-owned Careem spins out super app with $400M investment

By Mitra Sorrells | April 11, 2023

Careem will split into two business units - Careem Rides and Careem Technologies, which will manage development of its super app. Read More

News / Startups

Turkish property management company Missafir lands investment at $26M valuation

By Derek Catron | April 11, 2023

Ege Yapi Technology Ventures, one of Turkey’s largest real estate developers, took part in the funding as a strategic investor. Read More

News / Online

Aviation industry invests in SAF to reach climate targets

By Kathryn Walson | April 10, 2023

With development of hydrogen- and electric-powered planes for long-haul flights too far off, airlines look to investments in sustainable aviation fuel to help meet carbon emissions goals. Read More

News / Online

Yanolja acquires Innsoft to target North American hospitality market

By Kathryn Walson | April 10, 2023

North America’s transition to a digital-based operating environment has been slow, Korea-based Yanolja Cloud said, and it aims to expand the adoption rate of SaaS-based hospitality solutions. Read More

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