Investments

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

News / Online

HotelOnline acquires HotelPlus to accelerate expansion across Africa

By Kathryn Walson | September 12, 2022

Prior to the deal, HotelOnline was valued at $24 million. Read More

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