News

Swvl acquires Shotl, expands shared transport service
News / Startups
Swvl acquires Shotl, expands shared transport service
By Linda Fox | August 20, 2021
Shared mobility and mass transit provider Swvl has grown its presence to 16 countries through the acquisition of Spain-based Shotl.... Read More
TAKE A SURVEY: Let your voice be heard on gender equity
News / Online
TAKE A SURVEY: Let your voice be heard on gender equity
By PhocusWire | August 20, 2021
Help Phocuswright assess how the travel industry stacks up when it comes to gender equity and promoting women’s leadership.... Read More
yatra-q2-2021
News / Online
Following setback in Q2, Yatra sees growth in July, August
By Mitra Sorrells | August 19, 2021
Yatra's adjusted revenue dropped nearly 50% and its total gross bookings dropped more than 71% in the second quarter compared to Q1 2021.... Read More
Despegar revenues up against 2020, still around half of 2019
News / Online
Despegar revenues up against 2020, still around half of 2019
By Kevin May | August 19, 2021
Latin America-focused Despegar captured $61 million in revenue in the second quarter of 2021, indicating a gradual uptick in activity in the region.... Read More
How COVID-19 has changed travel's chief technology officers
News / Technology
How COVID-19 has changed travel's chief technology officers
By Linda Fox | August 19, 2021
Travel CTOs have had to acquire new skills, upend their priority list and think carefully about how to combine new tech with legacy systems and practices, for maximum efficiency.... Read More
Former Orbitz, Vacasa execs invest in group travel planning platform TrovaTrip
News / Online
Former Orbitz, Vacasa execs invest in group travel planning platform TrovaTrip
By Jill Menze | August 19, 2021
Portland-based TrovaTrip, which enables influencers and experts to host group trips, has raised $5 million in funding.... Read More
holidayfox-funding-preseed
News / Startups
Camping startup HolidayFox closes £1.17M pre-seed round
By Mitra Sorrells | August 18, 2021
HolidayFox enables travelers to search and book campsites in the United Kingdom and Europe.... Read More
Behind Ixigo's road to profitability and IPO
News / Online
Behind Ixigo's road to profitability and IPO
By Yeoh Siew Hoon - WebInTravel | August 18, 2021
India-based Ixigo has not only survived the last 12 months but is now intent on coming out shining on the other side.... Read More
RateGain plans IPO, more acquisitions in the cards
News / Technology
RateGain plans IPO, more acquisitions in the cards
By Linda Fox | August 18, 2021
RateGain hopes to raise $54 million from a fresh issue of shares while the company's founders and investors will also sell stakes.... Read More
turnoverbnb-funding
News / Startups
Rental cleaning services startup TurnoverBnB raises $4.5M
By Mitra Sorrells | August 17, 2021
TurnoverBnB provides a marketplace that gives rental operators access to cleaners around the world and the ability to manage scheduling and payments.... Read More
hopper-175m-august-21
News / Online
Hopper raises another $175M, will add 500 employees
By Mitra Sorrells | August 17, 2021
Five months after a $170 million fundraise, Hopper is doing it again – this time $175 million in Series G financing, bringing its total raised to date to $585 million.  ... Read More
From burnout to money problems - why startups fail
News / Startups
From burnout to money problems - why startups fail
By Kevin May | August 17, 2021
The sad reality is that travel startups, even without a global pandemic to contend with, experience vast challenges to get them competing alongside existing and profitable companies.... Read More
Zipp Mobility raises €1.3M for e-scooter expansion
News / Startups
Zipp Mobility raises €1.3M for e-scooter expansion
By Linda Fox | August 17, 2021
Ireland-based Zipp Mobility holds licenses to operate e-scooters in several U.K. locations.... Read More
VTrips plans $250M acquisition spree following investment
News / Distribution
VTrips plans $250M acquisition spree following investment
By Linda Fox | August 16, 2021
    The company says it will leverage funds received via a significant minority equity investment from Hudson Hill Capital to speed up its acquisition strategy.... Read More
Hyatt acquires Apple Leisure Group for $2.7B
News / Online
Hyatt acquires Apple Leisure Group for $2.7B
By Kevin May | August 16, 2021
Included in the deal are all of ALG's subsidiaries, including the Trisept Solutions travel technology wing that provides tools for leisure travel operators.... Read More