Investments

Airline tech chiefs prioritize investment in cybersecurity, cloud services
News / Technology
Airline tech chiefs prioritize investment in cybersecurity, cloud services
By Linda Fox | January 13, 2022
SITA’s 2021 Air Transport IT Insights study reveals 61% of airlines see IT investment increasing in 2022 while 55% of airports expect to spend more. Read More
turo-files-ipo
News / Online
Car-sharing platform Turo files for IPO
By Jill Menze | January 11, 2022
Turo revenue jumped 207% to $330.5 million for the nine months ending September 30, 2021.   Read More
Bolt raises a €628M round, wants a role in congestion-free and sustainable cities
News / Online
Bolt raises a €628M round, wants a role in congestion-free and sustainable cities
By Linda Fox | January 11, 2022
This latest and largest round for Estonia-based Bolt comes on top of a €600 million investment announced in August 2021. Read More
VIDEO: Trivago on the industry's game of chess in multiple areas
News / Online
VIDEO: Trivago on the industry's game of chess in multiple areas
By PhocusWire | January 10, 2022
Axel Hefer knows that to navigate the coronavirus, continue to grow his company Trivago and stay on top of new technology is like playing the famous strategic game every day on many fronts. Read More
Sounding Off: Startups going for a big buck don't always get a big win
Interview / Startups
Sounding Off: Startups going for a big buck don't always get a big win
By PhocusWire | January 7, 2022
Hopefully the days of creating fancy office environments are over, as well as other items that could be fairly described as luxuries for a new business. Read More
Social media-powered Luxury Travel Hackers raises $250K via crowdfunding
News / Startups
Social media-powered Luxury Travel Hackers raises $250K via crowdfunding
By Jill Menze | January 6, 2022
Luxury Travel Hackers puts together bookable trips using influencer-produced content. Read More
VIDEO: The intersection of politics, policy and planning
News / Technology
VIDEO: The intersection of politics, policy and planning
By PhocusWire | January 6, 2022
Behavioral shifts, new business models, political divides, legislation and regulations complicate destination management, creating a ripple effect throughout the travel ecosystem. Read More
Spectaflow adds €1.7M for hotel operations tech
News / Startups
Spectaflow adds €1.7M for hotel operations tech
By Linda Fox | January 6, 2022
Iceland-based Spectaflow has raised a total of €2.5 million, created in 2019, including this latest funding. Read More
TheUp touts hospitality super app development with £7M investment
News / Startups
TheUp touts hospitality super app development with £7M investment
By Linda Fox | January 6, 2022
London-based TheUp, which started as mobile phone charging business ChargeUp, before pivoting to a mobile order and pay application, ServedUp, wants to create a “super app” for hospitality. Read More
startup-founders-on-fundraising
News / Startups
Travel startup founders on the complexities of fundraising
By Mitra Sorrells | January 6, 2022
With investors showing more interest in travel, founders explain how they make decisions about fundraising. Read More
clear whyline
News / Technology
Clear acquires virtual queuing tech company Whyline
By Jill Menze | January 5, 2022
Whyline’s software allows users to see live wait-times to enter a queue remotely. Read More
HomeToGo acquires AMIVAC in bid to expand in France
News / Online
HomeToGo acquires AMIVAC in bid to expand in France
By Kevin May | January 5, 2022
AMIVAC also owns and operates the Vacances and Vacances SeLoger websites, with a particular focus on its domestic market in France as well as other having properties in other countries. Read More
CellPoint Digital raises $25M to go beyond travel payments
News / Technology
CellPoint Digital raises $25M to go beyond travel payments
By Linda Fox | January 5, 2022
CellPoint Digital plans to use the funds to expand into new markets including retail, gaming, crypto and digital content. Read More
fcm-acquires-shep
News / Technology
Flight Centre acquires Shep to boost corporate travel product
By Mitra Sorrells | December 22, 2021
Shep’s technology helps companies manage and measure employee behavior when using corporate booking systems as well as on consumer sites such as Expedia and Airbnb. Read More
jin-jiang-tencent-partnership
News / Technology
Jin Jiang partners with Tencent to spur hospitality innovation in China
By Mitra Sorrells | December 21, 2021
The hospitality and technology companies will work together to identify startups and to enable them to test their solutions in Jin Jiang%27s hotels. Read More
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