Steven Lerner News

Revenue drops for Trivago as challenges from Google, Coronavirus escalate
News / Online
Revenue drops for Trivago as challenges from Google, Coronavirus escalate
By Steven Lerner | February 12, 2020
Axel Hefer, CEO of Trivago, wants to “challenge” the way business is done with Google after the... Read More
Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place
News / Online
Lyft achieves first billion-dollar revenue quarter, keeps 2021 profitability target date in place
By Steven Lerner | February 12, 2020
 As Lyft tries to recover from its first less-than-stellar year in the public markets, the... Read More
mmt q3 2020 cover
News / Online
MakeMyTrip separates roles of CEO and exec chairman, coronavirus cancellations begin
By Steven Lerner | February 11, 2020
MakeMyTrip’s co-founder and CEO of the India business, Rajesh Magow, has been elevated to group CEO,... Read More
hotel signage impala
News / Technology
Impala seizes $20M in funding to invest in hotel booking tools
By Steven Lerner | February 10, 2020
The all-equity round is backed by Lakestar, which previously invested in Airbnb and GetYourGuide, and... Read More
rubiq cover
Interview / Startups
STARTUP STAGE: RubiQ manages flight disruptions to help airlines retain customers, reduce costs
By Steven Lerner | February 10, 2020
RubiQ provides AI technology for airlines to help passengers self-manage flight disruptions.... Read More
Is loyalty a "buzzword"? Yes, says eDreams CEO Dana Dunne
News / Online
Is loyalty a "buzzword"? Yes, says eDreams CEO Dana Dunne
By Steven Lerner | February 7, 2020
Loyalty was not the goal of Prime, eDreams Odigeo's subscription program, but it became the outcome.... Read More
Uber vows profitability by the end of 2020 as revenue grows, losses mount
News / Technology
Uber vows profitability by the end of 2020 as revenue grows, losses mount
By Steven Lerner | February 6, 2020
Uber completed its first full year in the public markets with an adjusted EBITDA loss of $2.7 billion... Read More
Turo rides off with an extra $30M in Series E funding, new celebrity investors
News / Online
Turo rides off with an extra $30M in Series E funding, new celebrity investors
By Steven Lerner | February 6, 2020
Several celebrities, most notably NFL star Larry Fitzgerald and rapper 2 Chainz, are now shareholders... Read More
beekeeper platform
News / Technology
Communications platform Beekeeper augments Series B with $5M in funding
By Steven Lerner | February 5, 2020
Nearly five months after announcing its $45 million Series B funding, Beekeeper is adding an extra $5... Read More
bed hotel towels
News / Online
H2O Hospitality adds $7M in funding to sustain quarterly revenue growth
By Steven Lerner | February 4, 2020
The new round will be used to support the company’s fast-growing working capital needs.  ... Read More
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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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