Finance


Navan acquires Brazilian TMC Smartrips
News / Finance
Navan acquires Brazilian TMC Smartrips
By Cathy Walsh | June 18, 2026
The deal gives Navan a deeper presence in Brazil and advances its strategy of expanding internationally through regional travel management acquisitions. Read More
RealTime Reservation acquires STAY, targeting end-to-end guest experience
News / Finance
RealTime Reservation acquires STAY, targeting end-to-end guest experience
By Cathy Walsh | June 17, 2026
The deal brings together pre-arrival commerce and in-stay engagement capabilities as hotels look to drive ancillary revenue and deepen guest relationships. Read More
Besty AI closes $3.75M seed round
News / Finance
Besty AI closes $3.75M seed round
By Cathy Walsh | June 16, 2026
Besty AI is betting that automation can transform short-term rental operations, with plans to expand its platform and grow its enterprise customer base. Read More
Tripadvisor to sell TheFork to American Express for $700M
News / Finance
Tripadvisor to sell TheFork to American Express for $700M
By Mitra Sorrells | June 15, 2026
The deal would expand American Express' dining footprint in Europe while allowing Tripadvisor to focus more heavily on its experiences business. Read More
Top investors in travel tech 2026
News / Startups
Top investors in travel tech 2026
By Linda Fox | June 15, 2026
PhocusWire has delved into who were the top investors in travel tech 2026 to uncover the startups getting funding and the sectors investors are passing on. Read More
Ixigo acquires majority stake in Brevistay to expand hotel business
News / Finance
Ixigo acquires majority stake in Brevistay to expand hotel business
By Cathy Walsh | June 5, 2026
The companies’ shared hotel network now spans more than 10,000 directly contracted hotels across India, advancing Ixigo’s efforts to expand its hotel supply. Read More
Juniper Group acquires Deem from Travelport
News / Finance
Juniper Group acquires Deem from Travelport
By Cathy Walsh | June 3, 2026
The corporate travel platform, owned by Travelport since 2023, will continue operating independently under its current leadership following the transaction. Read More
Perk secures $300M in finance for product and technology investment
News / Finance
Perk secures $300M in finance for product and technology investment
By Linda Fox | June 3, 2026
Perk said the new credit facility reflects lender confidence in its "vision and strategy." Read More
OTA marketing spend creeps up despite talk of AI-driven efficiency
News / Finance
OTA marketing spend creeps up despite talk of AI-driven efficiency
By Linda Fox | June 3, 2026
Airbnb, Booking Holdings and Expedia Group upped sales and marketing investment in Q1 2026, with some sharing AI impact and others steering clear. Read More
Pricepoint closes $6.6M seed round led by Brightspark Ventures
News / Finance
Pricepoint closes $6.6M seed round led by Brightspark Ventures
By Cathy Walsh | June 2, 2026
The funding will be used to continue development of the company’s AI-powered revenue management platform for accommodations, including investment in product and engineering. Read More
Web Travel Group acquires hotel rebooking platform Pruvo
News / Finance
Web Travel Group acquires hotel rebooking platform Pruvo
By Cathy Walsh | June 2, 2026
Web Travel Group plans to use Pruvo’s hotel booking optimization technology within its B2B accommodation operations. Read More
Airbnb leads $58M investment in WeRoad
News / Startups
Airbnb leads $58M investment in WeRoad
By Linda Fox | May 27, 2026
The investment will go towards WeRoad's expansion to the U.S. marking its first push outside Europe. Read More
Kayak for Business, Blockskye and FCM partner on global business travel platform
News / Online
Kayak for Business, Blockskye and FCM partner on global business travel platform
By Cathy Walsh | May 20, 2026
The companies plan to integrate booking, payments and servicing into a single offering designed to reduce friction in corporate travel programs. Read More
World Travel Holdings gets investment from Citation Capital
News / Distribution
World Travel Holdings gets investment from Citation Capital
By Linda Fox | May 19, 2026
World Travel Holdings, which was founded in 2005, said it generates more than $2.5 billion in annual booking volume. Read More
PhocusWire's travel tech news briefs: Airbnb, Agoda, BizTrip AI and more...
News / Technology
PhocusWire's travel tech news briefs: Airbnb, Agoda, BizTrip AI and more...
By PhocusWire | May 8, 2026
Keep up with all the latest people, partner and product news from around the global travel industry. Read More
The Phocuswright Conference 2026