Steven Lerner News

Interview / Startups
STARTUP STAGE: TravelRank guides travelers to new destinations via AI
By Linda Fox | August 4, 2021
TravelRank's AI analyzes the user's travel history and compares it to data of similar travelers and... Read More
News / Technology
Bolt rides off with €600M investment round
By Linda Fox | August 3, 2021
Bolt, which calls itself Europe's super app, claims it is valued at more than €4 billion after its... Read More
News / Distribution
Amadeus scores some financial improvements as traveler restrictions ease
By Linda Fox | July 30, 2021
The distribution company reported improvements in revenue and EBITDA compared to Q1, while air... Read More
News / Startups
Exoticca lands $30M investment to develop packages platform
By Linda Fox | July 30, 2021
Multi-day packages operator Exoticca has now raised a total of $53 million.... Read More
News / Online
MisterFly looks to recovery with €10M investment round
By Linda Fox | July 28, 2021
Investment will go towards strengthening the company's financial position, technology development and... Read More
Google told more transparency needed in flight and hotel prices by regulator
News / Online
Google told more transparency needed in flight and hotel prices by regulator
By Linda Fox | July 28, 2021
Google has been given two months to make changes to its flight and hotel pricing results.... Read More
News / Startups
Charting the rise of SPACs in online travel
By Linda Fox | July 27, 2021
About eight travel companies have exited via special purpose acquisition company in recent months, as... Read More
News / Online
Travelzoo sees revenues climb, driven by North America
By Linda Fox | July 26, 2021
Travelzoo's Europe business is still lagging at 48% of 2019 revenues.... Read More
Culture Trip evolves e-commerce strategy with launch of multi-day tours
News / Online
Culture Trip evolves e-commerce strategy with launch of multi-day tours
By Linda Fox | July 23, 2021
Culture Trip is combining places to stay with curated experiences for the launch of multi-day tours.... Read More
News / Startups
Bbot lands $15M for hospitality ordering and payment service
By Linda Fox | July 22, 2021
The latest raise brings Bbot's total to just over $22 million following a $4 million investment... Read More

Steven's most recent articles

trivago ceo interview covid recovery
News / Online
Q&A: Trivago CEO shares vision for “moment in time” when travel resumes in a post-crisis world
Trivago CEO Axel Hefer discusses his outlook for travel, how Trivago is preparing for the future and... Read More
hotelmize series b
News / Technology
Hotelmize raises Series B funding from Alibaba, establishes APAC headquarters in Hong Kong
 Hotelmize is aiming to gain a foothold in Asia Pacific and to expand operations in the region... Read More
Air Doctor funding
News / Technology
Health startup Air Doctor gets $7.8M to make medical care accessible for travelers
With health becoming a major concern in the travel industry due to the COVID-19 pandemic, a... Read More
coronavirus destroys startup funding
News / Startups
Funding for travel startups was plentiful - then came coronavirus
Entrepreneur Souzana Theodoridou explains how a funding deal for travel experience platform Grekaddict... Read More
funding Huilianyi
News / Technology
Business travel platform Huilianyi raises $42M, aims for global expansion
Shanghai-based business travel platform Huilianyi has landed RMB 300 million (about $42 million) in... Read More
Via 200M investment
News / Technology
Despite difficult times, ride-share company Via lands $200M investment
 Real-time ride-sharing company Via is now valued at a $2.25 billion thanks to a new $200 million... Read More
startups hibernation mode
News / Startups
Should travel startups go into “hibernation mode” during the coronavirus?
Venture capitalists weigh in on how travel startups could survive the economic fallout from COVID-19.... Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies... Read More
Electric air taxi company Lilium raises $240M toward developing regional service
News / Technology
Electric air taxi company Lilium raises $240M toward developing regional service
The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate... Read More
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August 4, 2021 launches Flash Deals for hotels
The discounts will take place every two weeks and on fixed days, lasting for just 36 hours. Over that... Read More