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Investments
News
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Technology
SoftBank leads $200M investment in serviced robotics company Keenon Robotics
By Jill Menze
|
September 17, 2021
The Chinese company says the Series D round is the largest round of funding to-date in the service robot field.
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News
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Distribution
CWT wipes out debt with recapitalization deal
By Christina Jelski - Travel Weekly
|
September 16, 2021
The travel management company is getting $350 million in new equity funding and is eliminating almost $900 million in debt.
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News
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Technology
DeepRoute gets $300M investment to expand robotaxi strategy
By Kevin May
|
September 15, 2021
The U.S.-based company, which was founded just over two years ago, secured the Series B round from lead investor Alibaba Group.
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News
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Online
Pacaso raises $125M, expands vacation home co-ownership platform to Spain
By Mitra Sorrells
|
September 14, 2021
Launched in October 2020, Pacaso's valuation is now $1.5 billion, and it manages nearly $200 million in real estate.
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News
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Distribution
SiteMinder secures $74M funding round, plots public listing
By Linda Fox
|
September 14, 2021
Existing shareholders AustralianSuper and equity funds managed by BlackRock, Ellerston Capital and Pendal Group have also participated.
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News
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Online
Key developments in the Russia online travel market
By Phocuswright Research
|
September 13, 2021
Whether using online or offline distribution channels, Russians are rediscovering the tourism gems that their homeland offers, despite the pandemic restrictions.
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Interview
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Startups
Sounding Off: Follow the smart money with investments
By PhocusWire
|
September 10, 2021
Investment dollars currently seem to be going towards technology that drives efficiencies or that might spur the next area of disruption for travel.
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News
/
Online
Headout raises $12M in major expansion bid for activities platform
By Kevin May
|
September 9, 2021
The Series B round was led by Glade Brook Capital, with participation from existing backers Version One Ventures, Nexus Venture Partners, FJ Labs, 500 Startups, Haystack and Ludlow Ventures.
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News
/
Distribution
SilverDoor parent acquires rival The Apartment Service
By Linda Fox
|
September 8, 2021
The acquisition is said to unite two of the largest serviced apartment agents in the world.
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From Our Partners
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Technology
Hospitality's recovery: Lessons for hoteliers from aviation
By Phelim Pekaar - P3 Hotel Software
|
September 8, 2021
As travel reopens, there are many lessons that hotels can learn from airlines about maximizing revenue, particularly around the use of technology.
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News
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Startups
Tickitto secures $4.5M to launch activities marketplace
By Kevin May
|
September 7, 2021
Vorwerk Ventures was joined by TriplePoint in the round, with participation from early supporter SeedCamp.
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Opinion
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Technology
The next steps for travel are long and led by digital
By Koen Deryckere and Emily Weiss - Accenture
|
September 6, 2021
Why collaboration and investment in cloud and digital technology will make travel companies future-ready.
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News
/
Startups
Angel Host raises $5.2M for rental tech development
By Linda Fox
|
September 6, 2021
Investment for the startup was led by White Star Capital, with Desjardins Capital and Panache Ventures also involved.
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Interview
/
Online
Sounding Off: Never doubt travel's resilience, unless outside forces intervene
By PhocusWire
|
September 3, 2021
The final four month of 2021 are likely to be some of the most stressful the sector has faced yet, as brands juggle operational issues around recovery alongside the burden of cashflow and workforce...
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News
/
Online
YouTravel.Me raises $1M to expand its group travel matchmaking platform
By Jill Menze
|
September 2, 2021
YouTravel.Me uses a matchmaking algorithm to connect like-minded travelers for small group adventure trips organized by travel experts.
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Expedia to offer hotel bookings through Meta's Muse AI agent
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Booking Holdings-backed Lola unveils membership model for AI travel and experiences assistant
From Our Partners
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Online
Booking anxiety is changing consumer behavior—and creating an opportunity for travel platforms
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OpenAI chairman tells travel industry: Do not restrain your AI agents
From Our Partners
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How leading travel companies are strengthening margins in 2026
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Indonesia set to overtake Thailand as Southeast Asia's largest travel market
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Airbnb rolls out travel map and social connections to drive discovery
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Tryp secures €1.9M for geographic expansion and product development
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'Constant intention to buy' forces hotels to rethink the marketing funnel
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Princess Cruises launches ChatGPT app in partnership with Mobi
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