Investments

ola-500million-loan
News / Online
India-based ride-hailing firm Ola secures $500M loan
By Mitra Sorrells | December 16, 2021
Founded in 2010, Ola’s platform serves users in more than 250 cities across India, Australia, New Zealand and the United Kingdom. Read More
VIDEO: Financial analysts unravel the truth from the hype in travel
News / Online
VIDEO: Financial analysts unravel the truth from the hype in travel
By PhocusWire | December 16, 2021
For all the talk of a pandemic recovery and the introduction of new tools and technology, what do the money brainiacs who cover the sector think? Read More
ctm-acquires-helloworld-corporate
News / Online
CTM acquires Helloworld’s corporate travel business
By Mitra Sorrells | December 15, 2021
Helloworld Corporate operates via the brands QBT, AOT Hotels, TravelEdge and Show Grou in Australia and APX and Atlas Travel in New Zealand. Read More
AvantStay rides alternative accommodation wave with $160M capital raise
News / Online
AvantStay rides alternative accommodation wave with $160M capital raise
By Kevin May | December 15, 2021
The alternative accommodation platform has over 1,000 properties in more than 100 cities in the U.S. and Mexico, with ambitions to use the new funding round to expand the business into new markets. Read More
Tracking travel startup investment trends in 2021
News / Startups
Tracking travel startup investment trends in 2021
By Linda Fox | December 15, 2021
Standout sectors attracting investment in 2021 include alternative accommodation and ground transportation while tours and activities, corporate travel and hotel tech startups are also getting some... Read More
PhocusWire Pulse: Emerging Innovation
News / Technology
PhocusWire Pulse: Emerging Innovation
By PhocusWire | December 15, 2021
For our ninth event this year, we focus on emerging innovation as it relates to technology and processes impacting on the travel, tourism and hospitality sector in 2022. Read More
Weather tech shines as Sensible Weather raises $4M, Tomorrow.io plots SPAC IPO
News / Technology
Weather tech shines as Sensible Weather raises $4M, Tomorrow.io plots SPAC IPO
By Jill Menze | December 13, 2021
Sensible Weather offers consumers assurance when booking, while JetBlue Technology Ventures-backed Tomorrow.io minimizes operational airport disruptions. Read More
The rapid growth of online travel in five charts
News / Online
The rapid growth of online travel in five charts
By Phocuswright Research | December 10, 2021
Phocuswright’s managing director Pete Comeau presents five charts in three minutes that show the growth of online penetration into the sector. Read More
Anu-Hariharan-y-combinator
News / Startups
VIDEO: Why too much cash can lead to startup failure
By PhocusWire | December 10, 2021
At The Phocuswright Conference, Altimeter Capital’s Brad Gerstner and YC Continuity’s Anu Hariharan discuss how the pandemic has affected the startup ecosystem and the benefit of not raising too much... Read More
VIDEO: Amadeus on recovery trends and startup areas to watch
News / Startups
VIDEO: Amadeus on recovery trends and startup areas to watch
By PhocusWire | December 9, 2021
Seasonality as been impacted and a much later decision process on destinations from consumers is a new reality, with direct implications for technology and specifically artificial intelligence. Read More
The new reality of travel bubbles
From Our Partners / Technology
The new reality of travel bubbles
By Joel Brandon-Bravo - TransPerfect | December 8, 2021
Though travel bubbles are a temporary fix to the challenges brought on by the pandemic, the industry has had to adapt and make the most out of a less than ideal situation. Read More
Casai expands in Brazil, acquires Roomin
News / Startups
Casai expands in Brazil, acquires Roomin
By Linda Fox | December 8, 2021
Roomin, which is also a property technology specialist, gives Casai a presence in Brazil leisure destination Florianopolis. Read More
VIDEO: Technology Crossover Ventures on decades of investing in travel and the next era
From Our Partners / Online
VIDEO: Technology Crossover Ventures on decades of investing in travel and the next era
By PhocusWire | December 8, 2021
Priding itself on backing its portfolio companies for the long-term, TCV's investments have ranged from investing in companies as diverse as Airbnb and Expedia to, outside of travel, Facebook, Spotify... Read More
Rentals and SPACs spotlighted as Vacasa goes public at $4.4B valuation
News / Online
Rentals and SPACs spotlighted as Vacasa goes public at $4.4B valuation
By Mitra Sorrells | December 7, 2021
Vacasa CFO Jamie Cohen says the company has two priorities that will drive how it uses the new capital: adding supply and developing its technology and product. Read More
Goboony drives off with €6M to expand motorhome rental platform across Europe
News / Online
Goboony drives off with €6M to expand motorhome rental platform across Europe
By Jill Menze | December 7, 2021
U.K.-based Goboony currently offers more than 2,000 motorhomes for rent and aims to have the largest European fleet by early 2022. Read More