Investments

News / Online

MadeComfy scores $10 million for expansion and tech development

By Linda Fox | May 5, 2023

Investment in the Australia-based company was led by Commencer Capital with MC Fiduciary, BridgeLane Capital and private investors also participating. Read More

News / Startups

Short-term rental startups, investors talk market growth

By Linda Fox | May 5, 2023

Funding is becoming harder to come by but some are breaking through with ongoing investor appetite in the vacation rental market. Read More

News / Online

Expedia Group embraces AI, banks on loyalty program

By Kathryn Walson | May 4, 2023

Expedia Group continues to invest in its strategy of acquiring and retaining “high-value loyalty members and app users” across its three leading brands, CEO Peter Kern said. Read More

From Our Partners / Startups

McKinsey analysts on travel industry opportunities

By PhocusWire | May 2, 2023

Travel analysts from McKinsey discuss the latest research on travel startup funding and why travel companies may be missing an oppoortunity to get in on the ground floor of... Read More

News / Startups

HumanForest raises £12M to double its fleet, invest in tech

By Kathryn Walson | April 27, 2023

The London-based company plans to invest the equity component into its user app and advertising technology platform. Read More

News / Online

Calculating ROI for business travel

By Kathryn Walson | April 27, 2023

Scott Gillespie, founder and CEO of travel consulting business tClara, presents a framework and guidance for the industry on assigning monetary value to business travel. Read More

News / Online

Sonder at risk of delisting from Nasdaq

By Kathryn Walson | April 26, 2023

The company has 180 calendar days – by Oct. 18 – to get in compliance with the minimum bid price requirement or it could be delisted. Read More

News / Online

As airfares soar, train bookings rise

By Kathryn Walson | April 26, 2023

Omio has compared its search and booking data from Q1 2019 with Q1 2023, finding a 20% increase in total train bookings and a 54% decrease in total flight bookings. Read More

News / Startups

Travel startups: End of the boom or beginnings of a renaissance?

By Mike Coletta - Phocuswright | April 24, 2023

We have entered very difficult territory for fundraising in travel, and the days of easy money are over (at least for now). Read More

Opinion / Technology

How optimizing operations can help air industry decarbonize

By Yann Cabaret - SITA | April 21, 2023

By looking to existing and emerging technologies to optimize operations to decrease emissions, aviation can make an impact today while longer-term solutions such as sustainable aviation fuels become... Read More

News / Distribution

Constellation Software invests in hotel-travel marketplace

By Derek Catron | April 21, 2023

Roibos' platform offers transparent and direct connectivity between hoteliers and travel operators. The undisclosed investment will enable Roibos to accelerate its growth and expand its global presence.... Read More

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

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