Investments

Flight Centre Travel Group acquires Scott Dunn
News / Online
Flight Centre Travel Group to acquire Scott Dunn to tap luxury markets
By Kathryn Walson | February 2, 2023
Founded in 1986, Scott Dunn has 200 full-time employees, and its two main markets are the United Kingdom and the United States, with a small presence in Asia. Read More
untours-foundation-reset-tourism
News / Startups
UnTours Foundation plans $10M investment for better tourism future
By Linda Fox | February 2, 2023
The foundation's partners include Expedia Group, TUI Care Foundation, Adventure Travel Trade Association, Flywire and B Tourism. Read More
Plusgrade UpStay acquisition
News / Online
Plusgrade acquires UpStay to expand ancillary revenue solutions
By Kathryn Walson | January 31, 2023
Founded in 2009, Montreal-based Plusgrade says it has more than 200 airline, hospitality, cruise, rail and financial services partners globally.  Read More
sita-2022-airline-it-trends
News / Technology
Airlines plan tech investment boost to drive efficiency
By Linda Fox | January 31, 2023
The latest SITA report on aviation technology reveals investment priorities including cybersecurity initiatives and cloud services. Read More
EaseMyTrip acquires majority stake in hotel booking business cheQin
News / Online
EaseMyTrip acquires majority stake in hotel booking business cheQin
By Linda Fox | January 27, 2023
The deal strengthens EaseMyTrip’s hotel channels and puts it in a “great position to give its customers a wide range of innovative hotel booking options.”  Read More
WhereToStay.com acquisition
News / Online
Viadi Group acquires majority interest in WhereToStay.com
By Kathryn Walson | January 27, 2023
The WhereToStay.com team will continue to operate from its Texas headquarters, with support from Switzerland-based Viadi in scaling up the business. Read More
tictactrip-funding
News / Startups
French multimodal travel company Tictactrip raises €2M
By Mitra Sorrells | January 27, 2023
Tictactrip enables users to combine and book bus, train and carpooling options from more than 200 companies covering routes in 6,000 cities in Europe. Read More
in room voice assistant technology
News / Technology
The evolution of in-room voice tech in hospitality
By Kathryn Walson | January 25, 2023
Voice assistants help short-staffed hotels by answering routine questions that the front desk would otherwise have to answer. They can also boost revenue by upselling spa services or future bookings,... Read More
Isprava raises $19.5M for luxury home development and rentals
News / Startups
Isprava raises $19.5M for luxury home development and rentals
By Linda Fox | January 25, 2023
The investment in the Mumbai-based company was led by Symphony International Holdings. Read More
davos-world-economic-forum-23
Opinion / Online
Davos and the travel industry: 5 takeaways
By Jeffrey Katz - Journera | January 24, 2023
Journera CEO Jeffrey Katz shares the travel-related topics and trends from the World Economic Forum's Davos event. Read More
Kampoah funding
News / Online
Kampaoh secures €14M to fuel expansion throughout Europe
By Kathryn Walson | January 23, 2023
The funding round consists of €12.5 million of debt combined with €1.5 million from Kampoah’s current partners JME Ventures, Encomenda and Axon Partners Group. Read More
Akia funding round
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
Roomnet innovation lab
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
cruisebound-launch-10m
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
chatbot funding rounds AI
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