Investments

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News / Online
Tech industry veteran to take wheel as CEO of Lyft
By Kathryn Walson | March 28, 2023
Since 2009, former Amazon and Microsoft executive David Risher has been CEO of Worldreader, a San Francisco-based nonprofit whose mission is to improve reading outcomes in children ages 3-12. Read More
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News / Online
Cabify closes $110M round, looks to further expansion
By Linda Fox | March 28, 2023
The latest investment in the company comes from Orilla Asset Management and AXIS and adds to Cabify’s €40 million loan from the European Investment Bank (EIB), as well as an investment from Mutua... Read More
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From Our Partners / Startups
McKinsey analysts on innovation in travel
By PhocusWire | March 28, 2023
Travel analysts from McKinsey discuss the latest research and their analysis of innovation and funding across the industry. Read More
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News / Online
Travel Talk: How the ROI of hotel business is shifting
By PhocusWire | March 27, 2023
Jeffrey Weinstein, editor in chief of the recently launched Hotel Investment Today, speaks about how the hospitality sector has rebounded from the recession and what’s on the horizon. Read More
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News / Online
HomeExchange acquires French home-sharing network
By Kathryn Walson | March 23, 2023
Launched in 2017, My weekend for you enables members to welcome travelers to their homes for free for a weekend to help them discover their local region. Read More
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News / Technology
Kakao Mobility looks to international expansion with acquisition of Splyt
By Linda Fox | March 23, 2023
The two companies announced a partnership last year enabling the South Korea-based company to expand the transportation options in its Kakao T app. Read More
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News / Online
Steller acquires influencer marketing company Travel Mindset
By Kathryn Walson | March 23, 2023
Steller, founded in 2014 and based outside Seattle, says it is capitalizing on the growing role of influencers in travel. Read More
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News / Distribution
Mystifly lands $8M to boost airline distribution tech
By Linda Fox | March 23, 2023
Mystifly, which was founded in 2009, enables travel intermediaries to access airfares via its API-driven technology as well as offering airlines a distribution, payment reconciliation and settlement... Read More
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News / Startups
Placemakr unlocks $65M for mixed-use hospitality concept
By Linda Fox | March 21, 2023
Investment in the flexible-use property specialist comes from Highland Capital Partners, Harbert Growth Partners, Bernstein Management Corp., Camber Creek and Gaw Capital. Read More
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Opinion / Startups
Thriving amid a changing travel tech investment landscape
By Adam Harris - Cloudbeds | March 21, 2023
If the rapid collapse of Silicon Valley Bank showed us anything, it’s that those of us who run companies need to pay careful attention to the changing economic landscape and make... Read More
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News / Startups
Travel investors and founders on the SVB collapse
By Mitra Sorrells | March 20, 2023
Thayer Ventures' Chris Hemmeter, Unlock Advisors' Cara Whitehill, Grapevine's Jack Dow and Navan's Ariel Cohen discuss the outlook for travel startups in the wake of the SVB collapse. Read More
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News
Southwest updates on action plan for disruption
By Linda Fox | March 16, 2023
Bob Jordan, the carrier’s president and CEO, talks of the severe weather event that turned into a crew-related event resulting in a “three-day reset of our aircraft and crew networks.” Read More
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News / Online
SITA and Lufthansa digitize lost luggage solution
By Kathryn Walson | March 16, 2023
When passengers land at an airport, SITA’s WorldTracer Auto Reflight notifies them of any luggage delay and gathers delivery details. The companies say it saves time and money for the industry. Read More
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News / Technology
Splio acquires Tinyclues to boost AI-marketing power
By Derek Catron | March 16, 2023
The Tinyclues’ platform increases the value proposition of Splio, making it the European leader in AI-powered customer relationship management, the company says. Read More
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News / Startups
Danish home rental platform from former Airbnb employees raises €3.8M
By Mitra Sorrells | March 16, 2023
Landfolk says it now has more than 1,000 holiday homes on its platform across Denmark, Germany and Norway and with this funding it is intending to double that number this year. Read More