Investments

News / Distribution

OYO is acquiring Motel 6 parent G6 Hospitality for $525M

By Linda Fox | September 23, 2024

Earlier this year OYO raised $174 million in Series G funding. G6 has a network of about 1,500 properties across the United States and Canada. Read More

News / Startups

TripAdmit secures $1M in funding to expand internationally

By Mileva Sapic | September 20, 2024

TripAdmit, which automates tipping and trip review collection for tour operators, plans to expand its footprint across North America and Europe. Read More

News / Technology

Hotel Engine raises $140M, rebrands to Engine

By Linda Fox | September 19, 2024

The company plans to use the funding to support product development, including the launch of flight and rental car bookings on its platform in October. Read More

News / Startups

Mindtrip secures $12M investment, launches group chat

By Mileva Sapic | September 18, 2024

Mindtrip will use the investment to scale operations as it rolls out of a series of collaborative trip planning features for groups. Read More

News / Startups

Point.me secures $15M to expand travel rewards search platform

By Linda Fox | September 18, 2024

The investment was led by Nyca Partners and Citi Ventures with Samsung Next, RiverPark Ventures, Meta executives, the co-founder of ITA Software (Google Flights), Thayer Ventures and PAR Capital... Read More

News / Online

Hospitality experiences platform Turneo raises $2M seed investment

By Mileva Sapic | September 18, 2024

Travel tech startup, Turneo, plans to further expand its global footprint and enable more hotels to offer in-destination activities to guests with the investment led by Bessemer Venture Partners. Read More

News / Startups

“Founder mode” or "manager mode"? Travel execs weigh in on leadership styles

By Morgan Hines | September 18, 2024

Travel leaders share their take on recent comments from Airbnb CEO Brian Chesky about the management style he believes is most effective. Read More

News / Startups

Mayfair invests $35M in BizAway

By Mileva Sapic | September 16, 2024

BizAway plans to implement new AI and data strategies and develop additional products that will help solve the challenges experienced by corporate travelers with Mayfair's $35 million investment. Read More

News / Online

Uber and Turo partner to integrate car rentals into uber app

By Mileva Sapic | September 6, 2024

Uber customers in the U.S., U.K., Canada, Australia and France will soon be able to rent from Turo's selection of vehicles directly through the Uber platform. Read More

News / Startups

Host & Stay receives £10.5M to support “buy-and-build” strategy

By Morgan Hines | September 5, 2024

With the backing of Growth Partner, Host & Stay’s “buy-and-build” strategy will have immediate momentum, starting with the company’s acquisition of Airhost For You and Norfolk Holiday Properties. Read More

News / Online

Thomas Cook finds new home with Poland's eSky Group

By Linda Fox | September 5, 2024

The Poland-based travel company that operates the eSky and eDestino brands has acquired Thomas Cook from Fosun Tourism Group. Read More

News / Startups

Lufthansa seeks startup partnerships, spins out Cosmos platform

By Linda Fox | August 30, 2024

The hub has unveiled “Startup Gate,” a venture clienting platform to connect Lufthansa Group with startups, as part of a strategy to double down on partnerships. Read More

Interview / Technology

CEO Spotlight: Steve Singh of Spotnana

By Linda Fox | August 29, 2024

Steve Singh was announced as CEO of Spotnana in June, adding to his existing roles of executive chairman of Direct Travel, Troop, Spotnana and Center as well as other technology companies. He is also... Read More

News / Online

IATA aims to improve airline communication on interline bags

By Robert Silk - Travel Weekly | August 26, 2024

A new IATA initiative will help airlines better communicate with one another and with airports as they deliver checked bags across interline itineraries. Read More

Opinion / Online

Is the multi-day tour industry ready for digital transformation?

By Ragnar Fjolnisson - Kaptio | August 23, 2024

Ragnar Fjölnisson, founder of Kaptio, writes that by fully embracing digital transformation, multi-day tour operators can enhance customer satisfaction, drive economic growth and contribute to a more... Read More

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