Investments

News / Startups

B2C versus B2B travel startup funding tells an interesting story

By Phocuswright | September 26, 2022

The share of B2C versus B2B funding has trended toward B2B companies for years, and in 2021 B2B funding hit its highest share ever, at 39%. Read More

Interview / Distribution

Q&A: Amadeus on the changing face of airline distribution

By Linda Fox | September 23, 2022

In this Q&A, Decius Valmorbida, president of Amadeus’ travel unit, discusses how the company is ditching the old, transaction-based treatment of customers in favor of a new,... Read More

News / Online

Saudi Arabia's PIF plans $1B stake in Almosafer

By WiT | September 23, 2022

Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, has signed a non-binding deal with Seera Group Holding to acquire a SR3.75 billion ($1 billion) stake in its travel unit Almosafer. Read More

News / Online

Japan’s TakeMe lands $1.8M to expand restaurant-reservation service

By Kathryn Walson | September 22, 2022

TakeMe connects with OTAs such as Klook, KKday and Meituan to link foreign tourists with restaurants in Japan. Read More

News / Startups

Zartico raises $20M to help destinations make sense of visitor data

By Mitra Sorrells | September 21, 2022

Founded in March 2020, Zartico has raised a total of $24.5 million and says it has more than 180 customers. Read More

News / Online

Flyr Labs brings revenue management tools to hotels with Pace Revenue acquisition

By Kathryn Walson | September 21, 2022

The acquisition is Flyr Labs' second in the past week and sixth in the past year. Read More

News / Startups

Group travel planning startup TrovaTrip lands $15M to expand creator network

By Jill Menze | September 20, 2022

TrovaTrip – one of PhocusWire’s Hot 25 Startups for 2022 – enables creators, such as Instagram influencers, to plan, sell and host group travel experiences with their communities. Read More

Interview / Online

Q&A: Cleartrip CFO on how the Flipkart deal is fueling growth

By Kathryn Walson | September 20, 2022

Cleartrip CFO Aditya Agarwal discusses the benefits of having Flipkart as a distribution channel as well as how the OTA is reviving its hotels business. Read More

News / Online

Travel planning app Orbzii acquires Pluto

By Kathryn Walson | September 15, 2022

Orbzii will take over ownership of Pluto’s mobile app, website and community of users. Read More

News / Distribution

Guesty expands hotel offerings with acquisition of YieldPlanet

By Mitra Sorrells | September 14, 2022

Guesty is also launching a new Distribution Hub that adds direct connections with Hopper, Trip.com, Marriott Homes & Villas and Google’s hotel and vacation rental search products. Read More

News / Distribution

Flyr Labs acquires Pribas to enable airline retailing capabilities

By Kathryn Walson | September 14, 2022

The acquisition is Flyr Labs' fifth in the past year. Read More

News / Online

Intrepid Travel acquires Australian tour operator Joob

By Kathryn Walson | September 13, 2022

Australia-based Intrepid Travel says the acquisition will bolster the growth of its DMC in Australia, which was created in 2021. Read More

News / Online

Short-term rental company Frontdesk scores $13M for expansion

By Kathryn Walson | September 13, 2022

The latest round brings Frontdesk's total equity financing to $22 million. Read More

News / Online

Hungarian OTA Szallas Group acquired by Wirtualna Polska Holding

By Jill Menze | September 13, 2022

Szallas Group operates the largest domestic travel portals in Central and Eastern Europe, enabling travelers to book accommodations in Hungary, the Czech Republic, Romania, Poland and Croatia. Read More