Investments

Tire maker Bridgestone makes minority investment in May Mobility
News / Technology
Tire maker Bridgestone makes minority investment in May Mobility
By Jill Menze | March 23, 2022
Through the partnership, May Mobility will integrate Bridgestone’s tire-centric technologies into its autonomous vehicles. Read More
dance-20M-funding
News / Startups
Dance wheels away with €20M for e-bike subscription service
By Linda Fox | March 22, 2022
The financing for the Berlin-based company will go toward further expansion. Read More
bookaway-acquires-plataforma10
News / Online
Bookaway acquires Plataforma 10 for ground transport foothold in Latin America
By Linda Fox | March 21, 2022
The acquisition of the Argentina-based ground transport OTA will help Bookaway expand across Latin America. Read More
DRCT raises $500,000 pre-seed round, plans to scale up with additional funds
News / Distribution
DRCT raises $500,000 pre-seed round, plans to scale up with additional funds
By Kevin May | March 21, 2022
The Malta-based company raised the seed round from an unnamed angel investor in the aviation sector, giving it a claimed valuation of $5 million. Read More
A call to airlines: start executing, stop innovating
Opinion / Technology
A call to airlines: start executing, stop innovating
By Irra Ariella Khi - Zamna | March 21, 2022
The technology required to support this for the industry already exists and is being deployed by leading airlines. It just isn’t being fully utilized - yet. Read More
tiger-being-nft-club
News / Online
Private travel club membership NFT Tiger Being launches in Asia
By Linda Fox | March 18, 2022
Members get access to hotel, airline, private yacht and other offers via an “NFT pass.” Read More
P3 unlocks €750,000 investment for hotel technology
News / Technology
P3 unlocks €750,000 investment for hotel technology
By Linda Fox | March 17, 2022
Ireland-based P3 has received total funding of €1.1M in the past year. Read More
What an ambitious travel startup learned during a global pandemic
Opinion / Startups
What an ambitious travel startup learned during a global pandemic
By Noam Toister - Bookaway Group | March 16, 2022
Acquiring multiple businesses as a startup has been quite a ride over the past nine months. Here are some of the learnings that Bookaway Group has taken from its experience. Read More
Nonius acquires Criton in hotel tech roll-up
News / Technology
Nonius acquires Criton in hotel tech roll-up
By Kevin May | March 15, 2022
Criton claims it is the largest provider of hotel guest apps in the U.K., working with the likes of Cheval Residences, Sunborn and Devonshire Hotels. Read More
whyhotel-rebrands-to-placemakr
News / Startups
WhyHotel rebrands to Placemakr, lands $90M investment
By Linda Fox | March 15, 2022
The company is rebranding to reflect its different business divisions of pop-up hotel and mixed-use apartment buildings. Read More
AirDNA acquired by Alpine Investors
News / Online
AirDNA acquired by Alpine Investors
By Jill Menze | March 14, 2022
The acquisition partnership will help fuel the short-term rental data provider’s growth. Read More
hearhere-raises-3.2-m
News / Startups
Kevin Costner’s travel storytelling app HearHere raises $3.2M
By Jill Menze | March 14, 2022
Launched in 2020 and co-founded by the actor, HearHere is a GPS-powered app that plays audio based on a traveler’s geographic location. Read More
WebInTravel and Phocuswright unite for global startup pitch
News / Startups
WebInTravel and Phocuswright unite for global startup pitch
By PhocusWire | March 11, 2022
This combined effort is the next evolution of a relentless, ongoing 25-year search for startups that disrupt, innovate and propel the travel industry forward. Read More
Despegar turns Q4 profit 9% over 2019 levels
News / Online
Despegar turns Q4 profit 9% over 2019 levels
By Jill Menze | March 10, 2022
The Latin American company reports adjusted EBITDA of $9 million in Q4 2021, a 9% increase above Q4 2019, despite gross bookings rising only 75% of the same quarter’s level. Read More
Fifteen rides away with €40M in fresh funding
News / Technology
Fifteen rides away with €40M in fresh funding
By Linda Fox | March 9, 2022
The France-based company is the combination of Zoov and Smoove, after the pair merged in 2021. Read More
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