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News / Startups

Travel startups consider cost of SVB collapse

By Linda Fox | March 13, 2023

News of SVB’s demise left the startup world reeling, with the bank said to work with more than 50% of U.S. startups and 40% of U.K. startups. Many feared they would be unable to make March’s payroll. Read More

News / Distribution

Travelport adds corporate booking technology with acquisition of Deem

By Mitra Sorrells | March 10, 2023

Deem will maintain its existing integrations with other global distribution systems, including Sabre and Amadeus, while Travelport will continue to support third-party booking solutions such as Concur... Read More

News / Online

Advocates push for bold steps to diversify hotel leadership

By Derek Catron | March 10, 2023

Wyndham, Marriott, Hyatt and others take steps, but advocates say more may be needed to improve diversity among hotel owners. Read More

News / Startups

Wheel the World lands $6M to boost accessibility in travel

By Kathryn Walson | March 10, 2023

Founded in 2018, the San Francisco-based startup plans to expand its listings with the goal of having 12,000 travelers book through its platform by December 2024. Read More

wit-phocuswright-startup-pitch-winner-22

News / Startups

Phocuswright/WiT Global Startup Pitch kicks off 2023 edition

By WiT | March 9, 2023

Startups from around the world, both within and outside travel, that are no more than six years old and have raised no more than $10 million, can apply to pitch. Read More

News / Startups

Women-led travel startups talk challenges, change, funding

By Linda Fox | March 8, 2023

The pandemic has not helped close the workplace gender gap, but there are gradual improvements. On International Women's Day, PhocusWire discusses some of the issues with three female travel startup... Read More

News / Online

Travelsoft aquires Travel Compositor to expand software-as-a-service

By Kathryn Walson | March 7, 2023

Travelsoft says that with this acquisition it will now transact bookings worth €5 billion annually through more than 300 tour operators connected to 600 suppliers in about 40 countries. Read More

News / Startups

Roch Ventures joins TravelPerk and Flixbus founders in WeSki funding

By Linda Fox | March 6, 2023

The size of the investment has not been disclosed, but at launch Roch Ventures said it was targeting roughly 15 companies with its €100 million fund. Read More

News / Online

HomeExchange acquires Love Home Swap

By Linda Fox | March 3, 2023

HomeExchange claims the acquisition comes after a period of growth for the company with a 41% increase in new members at the beginning of 2023 versus 2022. Read More

News / Online

RocketRez acquisition adds AI tech to guest experience

By Kathryn Walson | March 3, 2023

TourOpp Go! says its chatbot technology automates communication between tourist attractions and ticket buyers. Read More

News / Technology

How tech is helping vacation rentals prevent disturbances

By Kathryn Walson | March 2, 2023

OTAs point to steps they’ve taken, with Vrbo announcing on January 30 the national deployment of party prevention technology in the booking flow. Read More

News / Technology

Apaleo extends Series A for property management tech push

By Linda Fox | March 2, 2023

The Germany-based startup, which was founded in 2017, initially announced €4.5 million in Series A funding just under two years ago. Read More

News / Online

As travel trends up, so do climate goal challenges

By Derek Catron | March 1, 2023

A new report from the Travel Foundation charts a course for a growing travel sector to meet climate change goals – but it won’t be painless. Read More

News / Startups

BinBin swoops up GO Sharing in micromobility consolidation

By Linda Fox | February 28, 2023

The deal gives Turkey-based BinBin a foothold in West Europe after its recent growth in Eastern Europe, but the two companies will operate separately. Read More

News / Online

Unyoked secures €18 million to expand solar-powered cabins

By Kathryn Walson | February 24, 2023

Founded in 2016, the company operates approximately 100 off-grid cabins in Australia, New Zealand and the United Kingdom and has hosted about 35,000 overnight stays. Read More

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