Investments

iata-cash-burn-covid
News / Online
IATA predicts airlines will burn through $77B in cash in second half of 2020
By Mitra Sorrells | October 7, 2020
IATA predicts the industry will lose nearly $300,000 every minute and will not turn cash-positive until 2022. Read More
selina-acquires-remote-year
News / Online
Selina acquires Remote Year in move to serve growing remote workforce
By Mitra Sorrells | October 6, 2020
Remote Year will continue as its own brand but the two companies will work together to create new offerings for remote workers. Read More
vacation-innovations-holiday-systems
News / Technology
Vacation Innovations acquires travel tech platform Holiday Systems International
By Mitra Sorrells | October 5, 2020
Vacation Innovations says the acquisition adds 12 brands to its portfolio and will enable it to offer better technology solutions to resort developers. Read More
Busbud raises 11M for expansion
News / Online
Busbud lands $12M investment, plots global expansion of bus ticket platform
By Kevin May | September 30, 2020
The Series C funds for the Canada-based company will be used to fuel technology development, further grow the team and accelerate geographic expansion. Read More
kkday-series-c-75m
News / Distribution
KKday raises $75M Series C to grow new tour and activity product
By Mitra Sorrells | September 29, 2020
KKday launched its new booking management platform, Rezio, in March and says it has servied 150,000 customers as the demand for local experiences grows. Read More
Investors ponder the travel startup landscape and being contrarian backers
News / Startups
Investors ponder the travel startup landscape and being contrarian backers
By Linda Fox | September 29, 2020
Investments in travel companies currently are nowhere near the scale of 2019 - for obvious reasons. But while some financial backers are sitting tight, others are prepared to give new businesses their... Read More
BookingKit secures €5M investment to help accelerate pandemic recovery
News / Technology
BookingKit secures €5M investment to help accelerate pandemic recovery
By Kevin May | September 9, 2020
The activity platform enlisted the financial support of Intermedia Vermögensverwaltung, Müller Medien, High-Tech Gründerfonds (HTGF), business angel Robert Kabs and another business angel with the... Read More
VIDEO: Iomob - Summit pitch winner at Phocuswright Europe 2020
Interview / Technology
VIDEO: Iomob - Summit pitch winner at Phocuswright Europe 2020
By PhocusWire | September 4, 2020
Iomob is building the Internet of Mobility (IoM): Enabling users of any IOM-connected app to discover, route, book and pay for any IOM-connected mobility device (public, private, shared, autonomous). Read More
Phocuswright Europe 2020 preview: Out of Office with... Sean Seton-Rogers
Interview / Startups
Phocuswright Europe 2020 preview: Out of Office with... Sean Seton-Rogers
By PhocusWire | August 20, 2020
In a series of interviews with executives participating in the online event in September, PhocusWire finds out what they have learned from the Covid-19 crisis. Next up: PROfounders Capital' Sean... Read More
VIDEO: New Reality With... Rohit Talwar of Fast Future
News / Technology
VIDEO: New Reality With... Rohit Talwar of Fast Future
By PhocusWire | August 17, 2020
The next guest on the New Reality With... series is Rohit Talwar, CEO at Fast Future, one of the world's leading organizations looking at the fields of futures and foresight. Read More
Boosting customer experience comes ahead of providing pandemic information to travelers
News / Technology
Boosting customer experience comes ahead of providing pandemic information to travelers
By Kevin May | August 17, 2020
Big data and analytics also scored the highest among the 11 technology-related options for brands, both in terms of previous impact and most likely to affect the business between now and 2025. Read More
flight-centre-acquires-whereto
News / Technology
Flight Centre buys business travel management platform WhereTo
By Mitra Sorrells | August 5, 2020
WhereTo uses artificial intelligence to recommend trip options that are within the company’s travel policy, meet the traveler's preferences and minimize costs. Read More
Spotta nets $1.2M to bring its hotel pest control tech to new markets
News / Startups
Spotta nets $1.2M to bring its hotel pest control tech to new markets
By Linda Fox | July 30, 2020
Spotta has raised a seed round to put towards expansion and the launch of new services. Read More
gett-100-million
News / Distribution
Gett raises $100M to grow B2B corporate travel business ahead of possible IPO
By Mitra Sorrells | July 21, 2020
Gett says it is now fully funded and plans to expand its ground transportation platform globally. Read More
Beekeeper adds $10M to its Series B to fuel growth and product development
News / Startups
Beekeeper adds $10M to its Series B to fuel growth and product development
By Linda Fox | July 15, 2020
The extra investment brings the total for the round to $60 million, following the original injection and a $5 million top-up in February. Read More