Investments

News / Online

Multi-day packaged tours specialist Exoticca snags €20M for growth in North America, Latin America

By Jill Menze | September 12, 2022

The financing brings the Barcelona-based company’s total funding to €66 million. Read More

News / Startups

Corporate payments startup Mesh scores $60M funding round

By Michael B. Baker - Business Travel News | September 9, 2022

Mesh aims to help companies automate and provide data around corporate spending, including travel and entertainment. Read More

News / Startups

TripAdd acquires AI-powered chatbot solution Eddy Travels

By Kathryn Walson | September 8, 2022

Ancillary travel product marketplace TripAdd plans to grow revenue with the B2B Eddy chatbot service. Read More

News / Technology

United Airlines makes second eVTOL investment in less than a month

By Mitra Sorrells | September 8, 2022

United says it is the first major airline to publicly invest in two eVTOL companies. Read More

News / Startups

U.K. startup wi-Q lands £3 million to digitalize payments in hospitality

By Jill Menze | September 8, 2022

Founded in 2014, wi-Q aims to help hospitality and leisure companies improve the guest experience via its mobile ordering and payments solutions. Read More

News / Startups

Payments startup SquadTrip launches platform targeting millennial group travelers

By Kathryn Walson | September 7, 2022

The Black-owned SaaS platform helps travel professionals target millennials by offering flexible payment installments, Apple Pay checkout and promo codes. Read More

News / Startups

Nectar nets $25M credit facility to help rental operators

By Linda Fox | September 6, 2022

The startup plans to use the financing to provide short-term rental owners and operators with advances on their cashflow. Read More

News / Technology

Q&A: OAG on why supersonic travel won’t take off

By Kathryn Walson | September 1, 2022

In a Q&A with PhocusWire, John Grant, chief analyst with U.K.-based airline data provider OAG, explains why he thinks the future is bleak for supersonic commercial flights. Read More

News / Online

Celitech raises $1.2M to expand eSIM service coverage areas

By Kathryn Walson | August 29, 2022

Founded in 2018, Celitech’s proprietary API enables travel businesses to offer co-branded eSIM service that can be bundled with other products. Read More

News / Online

Zumper adds $30M in funding to launch short-term rental marketplace

By Jill Menze | August 29, 2022

With the addition of short-term rentals, Zumper claims it is the first real estate marketplace to offer annual, monthly and nightly options. Read More

News / Startups

Flyway lands $10M to “Airbnb-ify” the second home co-ownership model

By Jill Menze | August 29, 2022

Flyway will use the funds to acquire its first properties in London. Read More

News / Online

Xiangdao Travel fuels up with $146M

By Kathryn Walson | August 26, 2022

Xiangdao Travel is a mobility brand operating under Chinese state-owned SAIC Motor Group. Read More

News / Startups

Landing raises $125M to expand flexible-living network

By Kathryn Walson | August 25, 2022

Founded in 2019, Landing is a membership-based network with more than 20,000 listings. Read More

News / Online

SiteMinder acquires GuestJoy to expand hotel commerce platform

By Kathryn Walson | August 23, 2022

A SiteMinder partner since 2017, GuestJoy will be fully integrated into the SiteMinder hotel commerce platform following the completion of the acquisition. Read More