Investments

News / Online

Next Capital to acquire Australian STR operator Alloggio for $41M

By Kathryn Walson | April 4, 2023

Alloggio, Italian for “accommodation,” operates through three business verticals: asset management, distribution and channel management, and operations and logistics. Read More

News / Startups

AllFly raises $2.4M to expand group and corporate travel

By Derek Catron | March 30, 2023

New investment in the company formerly known as Bacarai was led by Lightbank with participation from Corazon Capital. Read More

News / Startups

Troop adds $11M in funding for meetings tech push

By Linda Fox | March 30, 2023

The investment was led by Durable Capital Partners and Madrona Venture Group with All Iron Ventures and Conexo Ventures also participating. Read More

News / Startups

Koala secures €2M for insurtech expansion in Europe

By Linda Fox | March 29, 2023

Existing investor Insurtech Gateway led the round with new investors Uneti Ventures, Slimmer AI and Sterling Oak also participating. Read More

News / Online

Tech industry veteran to take wheel as CEO of Lyft

By Kathryn Walson | March 28, 2023

Since 2009, former Amazon and Microsoft executive David Risher has been CEO of Worldreader, a San Francisco-based nonprofit whose mission is to improve reading outcomes in children ages 3-12. Read More

News / Online

Cabify closes $110M round, looks to further expansion

By Linda Fox | March 28, 2023

The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua... Read More

From Our Partners / Startups

McKinsey analysts on innovation in travel

By PhocusWire | March 28, 2023

Travel analysts from McKinsey discuss the latest research and their analysis of innovation and funding across the industry. Read More

News / Online

Travel Talk: How the ROI of hotel business is shifting

By PhocusWire | March 27, 2023

Jeffrey Weinstein, editor in chief of the recently launched Hotel Investment Today, speaks about how the hospitality sector has rebounded from the recession and what’s on the horizon. Read More

News / Online

HomeExchange acquires French home-sharing network

By Kathryn Walson | March 23, 2023

Launched in 2017, My weekend for you enables members to welcome travelers to their homes for free for a weekend to help them discover their local region. Read More

News / Technology

Kakao Mobility looks to international expansion with acquisition of Splyt

By Linda Fox | March 23, 2023

The two companies announced a partnership last year enabling the South Korea-based company to expand the transportation options in its Kakao T app. Read More

News / Online

Steller acquires influencer marketing company Travel Mindset

By Kathryn Walson | March 23, 2023

Steller, founded in 2014 and based outside Seattle, says it is capitalizing on the growing role of influencers in travel. Read More

News / Distribution

Mystifly lands $8M to boost airline distribution tech

By Linda Fox | March 23, 2023

Mystifly, which was founded in 2009, enables travel intermediaries to access airfares via its API-driven technology as well as offering airlines a distribution, payment reconciliation and settlement... Read More

News / Startups

Placemakr unlocks $65M for mixed-use hospitality concept

By Linda Fox | March 21, 2023

Investment in the flexible-use property specialist comes from Highland Capital Partners, Harbert Growth Partners, Bernstein Management Corp., Camber Creek and Gaw Capital. Read More

Opinion / Startups

Thriving amid a changing travel tech investment landscape

By Adam Harris - Cloudbeds | March 21, 2023

If the rapid collapse of Silicon Valley Bank showed us anything, it’s that those of us who run companies need to pay careful attention to the changing economic landscape and make... Read More

News / Startups

Travel investors and founders on the SVB collapse

By Mitra Sorrells | March 20, 2023

Thayer Ventures' Chris Hemmeter, Unlock Advisors' Cara Whitehill, Grapevine's Jack Dow and Navan's Ariel Cohen discuss the outlook for travel startups in the wake of the SVB collapse. Read More

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