Investments

News / Technology

Surf Air Mobility takes SPAC route to market

By Linda Fox | May 19, 2022

Surf Air mobility will also acquire Southern Airways Corporation, with the deal expected to complete at the same time as the proposed merger. Read More

News / Online

Despegar posts second quarter of profitability as demand recovers

By Jill Menze | May 19, 2022

The Latin American online travel company reports adjusted EBITDA of $12.3 million for the period ending March 31, 2022. Read More

News / Online

Bob W begins M&A ramp up, acquires Estonishing Stay

By Linda Fox | May 18, 2022

Estonia-based Estonishing Stay, which launched in 2019, adds to Bob W’s existing portfolio of rentals across Europe. Read More

News / Online

Phocuswright Europe 2022: The inside scoop from investors

By PhocusWire | May 18, 2022

At Phocuswright Europe, three of the industry’s leading investment professionals will discuss the current and future outlook for travel funding. Read More

News / Technology

Mass transit software provider Optibus raises $100M at $1.3B valuation

By Jill Menze | May 17, 2022

Tel Aviv-based Optibus claims it’s the first “unicorn” dedicated to the public transportation sector. Read More

News / Startups

Members-only home-swap network Kindred lands $7.75M

By Jill Menze | May 13, 2022

Founded in 2021, Kindred helps homeowners and renters take advantage of work-from-anywhere flexibility. Read More

News / Online

Getaround plans public listing via SPAC

By Linda Fox | May 13, 2022

The company has agreed to merge with InterPrivate II Acquisition Corp with a value of $1.2 billion for the combined entity. Read More

News / Technology

Rydoo sells business travel platform to CDS Groupe

By Mitra Sorrells | May 12, 2022

CDS Groupe says it wants to become Europe’s leader in hotel reservation solutions for business travel. Read More

News / Startups

Faye collects $8M in funding for its travel insurance app

By Jill Menze | May 11, 2022

Built amid the pandemic and launched earlier this year, Faye allows travelers to file claims and receive reimbursement via its app. Read More

News / Startups

Bookaway revs up with $35M in Series C funding

By Linda Fox | May 10, 2022

The company, whose brands include 12Go, GetByBus and Plataforma 10, has now raised a total of $80 million. Read More

News / Online

Intrepid Travel funnels $7.85M into Australian eco-friendly cabin provider

By Jill Menze | May 10, 2022

With the investment, off-grid accommodations provider CABN plans to grow from 11 sustainable cabins to more than 70 across the country. Read More

News / Distribution

Sabre acquires Nuvola to enrich hospitality retailing solutions

By Jill Menze | May 9, 2022

With Nuvola, Sabre aims to tackle the on-property fulfillment challenges that arise for hoteliers offering a wide range of ancillaries and attributes. Read More

777partners-acquires-aerocrs-worldticket

News / Technology

777 Partners acquires AeroCRS and WorldTicket

By Mitra Sorrells | May 5, 2022

The firm says it will form a new travel group to offer a suite of products to airlines and travel companies for retailing, distribution, interlining and passenger connectivity. Read More

News / Technology

Arrivalist signs $2M debt financing investment round

By Kevin May | May 5, 2022

The non-dilutive debt financing program is the fifth round of support that the U.S.-based company has received to-date from Lighter Capital. Read More

News / Startups

Mint House raises $35M led by Mohari Hospitality

By Mitra Sorrells | May 4, 2022

Mint House reports its revenue grew more than 200% in 2021, and in the last two years the company has tripled its property count, now at 22 properties in 14 markets. Read More

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