Investments

News / Distribution

ToursByLocals survives decade of bootstrapping, raises $33M to accelerate growth

By Steven Lerner | January 13, 2020

Tritium Partners is leading the investment and is receiving a minority equity stake in the company. Read More

News / Technology

Hotel revenue management tool Beonprice lands €2.5M for product development, European expansion

By Steven Lerner | January 13, 2020

This latest investment, which is all equity, brings the company's total funding to date to €5 million. Read More

News / Startups

VIDEO: A reality check on investments and startups in travel

By Kevin May | January 10, 2020

In a wide-ranging and no-holds-barred interview conducted during The Phocuswright Conference 2019, Chris Hemmeter of Thayer Ventures shares some home truths about the sector and the investment world... Read More

News / Technology

Price-predicting app Atta raises $3M to strengthen Asia partnerships, marketing efforts

By Steven Lerner | January 10, 2020

Atta Inc. will also use the funding to recruit engineers and increase partnerships in the region. Read More

News / Online

VIDEO: Standards, sustainability and big tech investments in tours and activities

By Kevin May | January 9, 2020

Joining us for a panel discussion in the PhocusWire Studio were Luuc Elzinga, CEO at Tiqets, and Alex Kremer, co-founder at Arival. Read More

Interview / Online

How I Got Here, episode 19 - Fritz Demopoulos of Qunar

By PhocusWire | January 9, 2020

Fritz Demopoulos, co-founder and ex-CEO of Qunar (now head of Queen's Road Capital), talks to Mozio's David Litwak and Kevin May from PhocusWire about how he created a travel startup in China. Read More

News / Technology

VIDEO: Delta's plan to trial personalized passenger information screens in airports

By Linda Fox | January 8, 2020

During a keynote at CES this week, Delta CEO Ed Bastian highlights some of the tech initiatives the carrier is developing. Read More

News / Startups

FCM Travel Solutions invests in business travel startup Shep

By Jill Menze | January 7, 2020

Shep, one of PhocusWire's Hot 25 Startups for 2019, will lend its browser extension technology to FCM Travel Solutions' platforms. Read More

News / Online

Holiday deals site Icelolly gets £2M in funding to push marketing efforts

By Steven Lerner | January 7, 2020

Holiday comparison and deals platform Icelolly will boost its marketing strategy following a £2 million investment from Silicon Valley Bank. Read More

News / Startups

Hospitality startup The Guild bags $25M to fuel market expansion

By Steven Lerner | January 6, 2020

The Guild wants to expand its alternative accommodation operations into new cities and develop guest-friendly technology for business travelers. Read More

News / Technology

Inside the travel startup accelerator building sustainability tech for Asia Pacific

By Mitra Sorrells | January 6, 2020

Travel Lab Asia is an initiative of ADB Ventures, PATA and Plug and Play to spur clean technology innovation in the hospitality sector in Asia Pacific. Read More

News / Distribution

DragonPass lands funding from Trip.com Group and Ocean Link

By Linda Fox | December 31, 2019

The investment will go towards developing the airport lounge platform's technology and assisting with global expansion. Read More

News / Technology

Origo builds out travel division with acquisition of The Booking Factory

By Linda Fox | December 27, 2019

PMS-tech specialist The Booking Factor has been acquired by Origo, an Icelandic IT company. Read More

News / Technology

AI-powered bot Eddy Travels lands $500K inaugural round for market expansion

By Steven Lerner | December 27, 2019

Techstars Toronto, Practica Capital and Open Circle Capital VCs led the round, with participation from angel investors in the United States, Canada and the U.K. Read More