Investments

Placemakr unlocks $65M for mixed-use hospitality concept
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
Silicon Valley Bank money
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
Travel investors and founders on the SVB collapse
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
Southwest updates on action plan for disruption
News
Southwest updates on action plan for disruption
By Linda Fox | March 16, 2023
Bob Jordan, the carrier’s president and CEO, talks of the severe weather event that turned into a crew-related event resulting in a “three-day reset of our aircraft and crew networks.” Read More
SITA Lufthansa partnership
News / Online
SITA and Lufthansa digitize lost luggage solution
By Kathryn Walson | March 16, 2023
When passengers land at an airport, SITA’s WorldTracer Auto Reflight notifies them of any luggage delay and gathers delivery details. The companies say it saves time and money for the industry. Read More
David Bessis and Mireille Messine
News / Technology
Splio acquires Tinyclues to boost AI-marketing power
By Derek Catron | March 16, 2023
The Tinyclues’ platform increases the value proposition of Splio, making it the European leader in AI-powered customer relationship management, the company says.   Read More
landfolk-3.8M-seed
News / Startups
Danish home rental platform from former Airbnb employees raises €3.8M
By Mitra Sorrells | March 16, 2023
Landfolk says it now has more than 1,000 holiday homes on its platform across Denmark, Germany and Norway and with this funding it is intending to double that number this year. Read More
Vacasa earnings Q4 2022
News / Online
Vacasa sets sights on long-term profitable growth
By Kathryn Walson | March 14, 2023
Vacasa's priorities are shifting to improving efficiency and developing processes “to deliver an unmatched experience for our homeowners and elevated hospitality for our guests,” CEO Rob Greyber says. Read More
Are travel companies more willing to work with startups?
News / Startups
Are travel companies more willing to work with startups?
By Linda Fox | March 14, 2023
Investors believe there has been positive change since before the pandemic with travel supply companies such as hotels and airlines now much more receptive to working with startups. Read More
Tryp.com seed funding
News / Online
Tryp.com secures seed round to enhance tech, expand reach
By Kathryn Walson | March 14, 2023
The Denmark-based startup says its search engine “accesses thousands of flights, trains, buses and hotels in real-time, comparing prices, locations and schedules.” Read More
rental apartment
News / Startups
Polish STR manager Renters.pl secures funding to grow
By Derek Catron | March 14, 2023
Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, will acquire up to 80% of Renters.pl.   Read More
Travel startups consider cost of SVB collapse
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
corporate travel
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
hotel leader diversity
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
WheeltheWorld image
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