Investments

News / Online

Hospitality communication tech provider Akia secures $6M

By Kathryn Walson | January 20, 2023

Akia says its two-way communication platform, powered by artificial intelligence, helps hotelsp enhance guest engagement, while its process automation system increases staff efficiency and drives... Read More

News / Technology

Roomnet launches innovation lab to develop hotel tech

By Kathryn Walson | January 20, 2023

Roomnet's new lab is dedicated to testing and integrating cutting-edge technology that it says will shape the hotels of the future. Read More

News / Startups

New online cruise booking site launches with $10M from prominent investors

By Mitra Sorrells | January 18, 2023

After a year of beta testing, Cruisebound is launching with backing from former Priceline CEO Jeff Boyd, Tripadvisor founder Steve Kaufer, Madrona Ventures managing director Steve Singh and others. Read More

News / Online

Two chatbot companies serving travel secure funding for expansion

By Kathryn Walson | January 17, 2023

Dallas-based Inbenta has landed $40 million, while New York-based NLX has scored $4.6 million. Both companies cater to the travel sector, among other industries. Read More

News / Startups

Profit optimization solution Hotelmize raises $12M

By Mitra Sorrells | January 11, 2023

Hotelmize uses its artificial intelligence and room mapping technology to monitor fluctuations in hotel rates, analyze its partners reservations and optimize their profits. Read More

News / Online

Planet expands hospitality footprint with three acquisitions

By Kathryn Walson | January 11, 2023

Planet's president of hospitality is Lennert De Jong, who joined the company in September after 16 years at CitizenM. Read More

$fractal-homes-30m$

News / Startups

Second-home ownership startup offering "hotel-like" stays raises $30M

By Mitra Sorrells | January 9, 2023

Fractal Homes is starting with properties in the United Kingdom and says it provides its owners with “hotel-style management and maintenance.” Read More

Opinion / Online

Learnings from RateGain's acquisition of Adara

By Matt Zito - TSI | January 9, 2023

The managing partner of TSI, a company that helps travel CEOs build sellable companies and achieve successful exits, explores what can be learned from the acquisition. Read More

News / Online

4 OTA CEOs on future opportunities

By Kathryn Walson | December 22, 2022

Etraveli’s Mathias Hedlund, Traveloka’s Caesar Indra, Priceline’s Brett Keller and Despegar’s Damian Scokin discuss their latest strategies. Read More

News / Startups

Amadeus invests in mobility solutions company Eccocar

By Linda Fox | December 16, 2022

The Spain-based startup offers digital solutions for car sharing and micromobility. Read More

News / Online

Hopper CEO on social commerce, sustainability and customer focus

By Mitra Sorrells | December 16, 2022

In conversation at The Phocuswright Conference, Hopper CEO Fred Lalonde explains how the company's social commerce efforts are the key to its future growth. Read More

News / Technology

Mews lands $185M for product development and expansion

By Linda Fox | December 15, 2022

The investment in Mews is led by Kinnevik and the growth equity business of Goldman Sachs Asset Management. Read More

News / Online

Property management system Sihot acquires hardware provider Addipos

By Kathryn Walson | December 15, 2022

Sihot has collaborated with Addipos for years to deliver point-of-sale hardware and software for resorts, hotel chains, campsites, hostels and other properties. Read More

News / Online

Welcome Pickups adds €5.3M for product development and expansion

By Linda Fox | December 12, 2022

Existing investors Market One Capital, Flashpoint and Venture Friends also made up this latest investment in the Greece-based startup. Read More

News / Startups

Tough 2022 for travel startups as investors turn cautious

By Linda Fox | December 12, 2022

Early stage rounds in particular have been highlighted as impacted by the more conservative approach from investors who, perhaps stung by the pandemic, turned to startups with a proven market fit. Read More

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