Investments

News / Online

New initiative forms to foster collaboration on climate change

By Kathryn Walson | November 14, 2022

The global TT4T initiative aims to engage the travel tech community in developing new solutions, which will be pilot-tested and refined through destination-level partners. Read More

News / Startups

Where are they now? Revisiting the Hot 25 Startups for 2022

By Kathryn Walson | November 11, 2022

In preparation for Tuesday's publication of PhocusWire's Hot 25 Travel Startup for 2023, we checked in with the companies that made the cut one year ago. Read More

News / Startups

On-demand car rental startup Kyte raises $60M for expansion

By Jill Menze | November 10, 2022

The Series B round will help Kyte on its mission to become “the world’s largest operator of electrified fleets.” Read More

News / Online

Busbud merges with Betterez, gets funding from Amadeus Ventures

By Mitra Sorrells | November 9, 2022

Founded in 2011, Busbud offers bus tickets from more than 3,900 companies in more than 80 countries. Read More

News / Startups

RendezVerse seeks £7.5 million for metaverse-as-a-solution platform

By Jill Menze | November 9, 2022

With the funding, RendezVerse, which counts WorldwideEvents as a founding shareholder, says it will acquire 3,000 venues and 10,000 users and plans to reach £30 million in sales by 2026. Read More

News / Technology

D-Edge develops digital marketing offering through acquisition of Equaero

By Linda Fox | November 9, 2022

Paris-based Equaero brings digital advertising expertise including display, search and social ads, helping D-Edge to build out its digital marketing offering. Read More

News / Startups

Limehome lands €45M to fund more European expansion

By Linda Fox | November 8, 2022

The investment in the Germany-based business comes from new investors AW Rostamani Group and Capital Four, as well as existing investors HV Capital, Picus Capital and Lakestar. Read More

News / Online

Hopper and Capital One extend partnership fueled by new $96M investment

By Mitra Sorrells | November 7, 2022

Capital One Travel uses Hopper Cloud to offer customers features such as price alerts, price drop protection and the ability to cancel a flight for any reason. Read More

News / Startups

Hospitality staffing platform Qwick closes $40M funding round to “end understaffing”

By Kathryn Walson | November 7, 2022

Qwick says it connects service-industry professionals directly with food and beverage shifts in real-time. Read More

News / Startups

Event lodging marketplace Hoken lands $9M

By Kathryn Walson | November 4, 2022

Hoken says its vision is to provide a “highly curated and flexible hotel exchange and marketplace for the world’s most popular events.” Read More

News / Online

Trivago reports solid Q3 despite consumers choosing shorter, cheaper stays

By Kathryn Walson | November 3, 2022

The Germany-based metasearch brand attributes its adjusted EBITDA growth to cost discipline, increased marketing efficiency and recovering travel demand. Read More

News / Technology

Journey Hospitality lands £5M to grow its e-commerce platform

By Linda Fox | November 3, 2022

The investment in the U.K.-based company, which launched in 2010, comes from Averroes Capital. Read More

News / Technology

Operto adds digital key capabilities with acquisition of STAYmyway

By Linda Fox | November 3, 2022

Spain-based STAYmyway announced an exclusive partnership with Accor for the group’s Accor Key program last year; Operto will now accelerate the rollout of the program. Read More