Investments

News / Online

Luggage storage network Stasher bags $2.5M, eyes operations in 10,000 new cities

By Steven Lerner | January 23, 2020

The London-based startup provides a marketplace for travelers to find local shops and hotels that can store their luggage on a short- to medium-term basis. Read More

Interview / Online

How I Got Here, episode 21 - Gillian Morris of Hitlist

By PhocusWire | January 23, 2020

Gillian Morris, co-founder and CEO of Hitlist, talks to Mozio's David Litwak and PhocusWire's Kevin May on how the platform went from idea to app-store favorite. Read More

News / Online

By-the-hour hotel booking site ByHours adds €8M to launch U.S. operations

By Steven Lerner | January 22, 2020

Angel Ventures and DILA Capita led the Series B equity round, with participation by previous investor Howzat Partners. Read More

News / Technology

ARC boosts corporate travel services with majority stake in NuTravel

By Mitra Sorrells | January 22, 2020

ARC has taken a majority stake in NuTravel to accelerate delivery of omnichannel solutions for corporate travel. Read More

News / Online

TripActions moves deeper into Europe with investment from Lufthansa Group

By Mitra Sorrells | January 21, 2020

TripActions will actively pursue clients in Europe with the help of Lufthansa Group. Read More

News / Technology

Joby Aviation raises $590M for electric air taxi, hurdles remain for widespread adoption

By Jill Menze | January 20, 2020

Toyota Motor Corporation led the Series C round, bringing Joby Aviation's total funding to $720 million. Read More

Interview / Online

The Future of Travel Experience: Digital overhaul, from air to rail

By Jeff Katz - Journera | January 17, 2020

In his series of interviews with industry leaders, Jeff Katz talks to Richard Anderson, CEO of Amtrak and former CEO of Delta Air Lines. Read More

News / Technology

Smart hotel specialist Xie Zhu Technology overcomes "capital winter" to raise $37M

By Steven Lerner | January 17, 2020

Xie Zhu Technology says it will use the funding for technology research and development, expanding into new markets in Southeast Asia and to prepare for a potential IPO in 2020. Read More

News / Distribution

Future IPO a "strong possibility" for SiteMinder as it lands fresh funding

By Linda Fox | January 16, 2020

SiteMinder lands significant fresh investment valuing the company at around $762 million and the prospect of a public listing in the future. Read More

News / Online

Boutique apart-hotel brand Locale captures $11M to spur expansion, production innovation

By Steven Lerner | January 15, 2020

The company says it will use the funding to invest in digital product innovation, hire executive-level talent and expand operations into new cities. Read More

News / Startups

Comtravo gets Microsoft venture fund on board with €9M round

By Linda Fox | January 14, 2020

The investment comes from Microsoft’s venture fund M12 and Joop Drechsel, former CEO of BCD Travel, who joins Comtravo’s board, as well as a number of other investors. Read More

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