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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.
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News
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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.
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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.
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Interview
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Startups
STARTUP STAGE: NextRetreat streamlines organizing team travel
By Jill Menze
|
August 16, 2021
NextRetreat uses proprietary technology to streamline the process of organizing team travel.
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News
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Distribution
Opportunity for rental arbitrage remains in U.S. cities
By Linda Fox
|
August 16, 2021
Demand for multifamily short-term rentals in U.S. cities is rising, and tech providers are helping owners and renters take advantage of the opportunity.
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Online
Growing search volume, longer search windows point to return of traveler optimism
By Jill Menze
|
August 12, 2021
According to Expedia Group’s Q2 2021 Travel Recovery Trend Report, monthly global search volumes grew more than 70% quarter-over-quarter.
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News
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Startups
Airlines continue startup investment despite industry woes
By Linda Fox
|
August 10, 2021
Corporate appetite for travel startup investment is strong as IAG launches its sixth accelerator and JetBlue doubles down on its commitment to the model.
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News
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Startups
Accessible travel OTA Wheel the World raises $2M
By Mitra Sorrells
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August 10, 2021
Founded in 2018, Wheel the World’s site offers accommodations, things to do and trips in more than 50 destinations worldwide.
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News
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Technology
VIDEO: Maintaining trust in shopping and booking travel
By PhocusWire
|
August 9, 2021
Travel companies have a golden opportunity to rebuild confidence by building trust in their payment processes.
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Distribution
Booking Holdings hits $22B in bookings as latest quarter rides recovery
By Mitra Sorrells
|
August 5, 2021
Room nights booked in the second quarter were 157 million, up from 99 million in the Q1 of this year and a 458% increase from Q2 2020.
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Online
Ixigo acquires Abhibus, boosts presence beyond India's major cities
By Linda Fox
|
August 5, 2021
The purchase price for the Hyderabad-based company has not been disclosed, except to say that it’s being sold for a mixture of cash and Ixigo stock.
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News
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Online
Russia's online travel primed as investment arrives
By Linda Fox
|
August 4, 2021
The country's travel industry had been experiencing strong growth in the years running up to 2020 and online travel sales were steadily growing.
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Interview
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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 similar unvisited destinations.
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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 most recent Series E funding round.
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News
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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.
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