News

Pangiam acquires airport biometric tech provider VeriScan
News / Technology
Pangiam acquires airport biometric tech provider VeriScan
By Kevin May | March 23, 2021
The VeriScan platform was originally developed by the Metropolitan Washington Airports Authority's in-house technology department and is now in use at Dulles and Dallas-Fort Worth airports in the U.S.... Read More
Tripadvisor looks to raise $300M from convertible note offering
News / Online
Tripadvisor looks to raise $300M from convertible note offering
By Kevin May | March 22, 2021
The company says it intends to issue the notes via a private offering, with a due date of 2026.... Read More
Momenta raises $500M to drive autonomous future
News / Startups
Momenta raises $500M to drive autonomous future
By Linda Fox | March 22, 2021
Momenta is developing technology for autonomous driving for passenger vehicles as well as for fully-autonomous mobility services.... Read More
Coupa acquires Pana business travel platform
News / Technology
Coupa acquires Pana business travel platform
By Kevin May | March 22, 2021
The deal is the second in the travel sector in recent years for U.S.-based Coupa after its deal to buy Yatra in January 2020.... Read More
ROAR for Good raises funds to meet demand for hotel panic button solution
News / Technology
ROAR for Good raises funds to meet demand for hotel panic button solution
By Jill Menze | March 22, 2021
The round of growth capital will help ROAR for Good ramp up marketing and sales efforts of its panic button solution, AlwaysOn.... Read More
Sounding Off: Consolidation in rentals will be the story of 2021
Interview / Online
Sounding Off: Consolidation in rentals will be the story of 2021
By PhocusWire | March 19, 2021
What seems to be an important factor in this scenario is how the biggest platforms in the market, such as Airbnb, Vrbo and Booking.com, might react.... Read More
European regulators propose digital green light for travel
News / Technology
European regulators propose digital green light for travel
By Linda Fox | March 19, 2021
Proposals from European regulators would see a digital travel pass ready for the 2021 summer.... Read More
guestready-porto-concierge
News / Startups
GuestReady returns to growth focus with acquisition of The Porto Concierge
By Mitra Sorrells | March 18, 2021
GuestReady has acquired The Porto Concierge, the largest short-term rental management company in Portugal, and aims to grow to 10,000 properties by 2023. ... Read More
optibus-investment-round
News / Technology
Optibus rings the bell on $107M transportation tech investment
By Kevin May | March 18, 2021
The Series C round, courtesy of Bessemer Venture Partners and Insight Partners, brings the total raised by the Israel-based company to $160 million.... Read More
Travelzoo reports revenues halved during 2020
News / Online
Travelzoo reports revenues halved during 2020
By Kevin May | March 18, 2021
The company's 2020 earnings report released this week disclosed a decline from $105 million in 2019 to $53 million in the following pandemic-hit 12 months.... Read More
How pandemic-led consumer behaviors might play out in travel
News / Online
How pandemic-led consumer behaviors might play out in travel
By Linda Fox | March 18, 2021
We look at some of Euromonitor's consumer trends for 2021 and how they're impacting travel and its attempts to recover from the coronavirus pandemic.... Read More
launchtrip-preseed-round
News / Startups
Group travel startup Launchtrip raises $3.8M pre-seed round
By Mitra Sorrells | March 18, 2021
The startup will offer its app in beta this summer with 200,000 hotels in seven U.S. cities.... Read More
tripscout-seed-plus-funding
News / Startups
Tripscout raises $2.3M to scale its travel planning platform
By Mitra Sorrells | March 17, 2021
The platform provides personalized recommendations to travelers based on content it gathers from articles, videos and tips from local experts.... Read More
Hostelworld sees revenue decline 81%, continues to bet on experiences
News / Online
Hostelworld sees revenue decline 81%, continues to bet on experiences
By Linda Fox | March 17, 2021
Hostelworld says improvements in marketing, user experience and inventory will help it emerge stronger from the pandemic.... Read More
Philip Wolf - a force of nature who led, listened and laughed
News / Online
Philip Wolf - a force of nature who led, listened and laughed
By Kevin May | March 17, 2021
Very few people in the travel, tourism and hospitality industry have not felt the impact of Philip Wolf and what he created at Phocuswright.... Read More