Finance

News / Online

Vitruvian Partners increases stake in tour and activity marketplace Civitatis

By Mitra Sorrells | June 26, 2024

Founded in 2008 and based in Madrid, Civitatis offers 90,000 activities across 160 countries. The company said it had 10 million customers in 2023. Read More

News / Online

OTA ranking booster Otamiser raises $3M in first funding round

By Mileva Sapic | June 25, 2024

The startup said it will use the new capital to grow its commercial team as it aims to work with 1,000 hotels and 100,000 short-term rentals worldwide. Read More

News / Online

Travel investment analysis shows shifts in funding, opportunities for innovation

By Morgan Hines | June 20, 2024

F-Prime Capital partner Gaurav Tuli and Lufthansa Innovation Hub analyst Anna Schneider share their take on innovation and funding across the global travel industry, with additional perspective from a... Read More

News / Startups

Sustainable business travel startup Eco.mio raises 7-figure seed round

By Mitra Sorrells | June 18, 2024

Eco.mio provides a browser extension that helps companies guiding their employees to greener business travel decisions. Read More

News / Startups

Viator's origin story - a tale of a prince and a girl from Tasmania

By Linda Fox | June 14, 2024

Viator founder Rod Cuthbert shared the Phocuswright Europe 2024 Center Stage with Thayer Ventures' Chris Hemmeter to discuss how the tours and activities company came to be, selling it to Tripadvisor... Read More

News / Technology

Canary Technologies raises $50M to accelerate AI for hospitality guest engagement

By Mitra Sorrells | June 12, 2024

Canary works with more than 20,000 hoteliers around the world, including many that are part brands such as Wyndham, Marriott, Hilton and Four Seasons. Read More

News / Startups

Holibob adds funding for experiences technology push

By Linda Fox | June 10, 2024

Holibob, a PhocusWire Hot 25 Startup for 2023, said it plans to use the funds to further develop its technology, including its experiences marketing platform, to help travel brands and destinations sell... Read More

News / Online

India-based online travel agency Ixigo will open IPO Monday

By Mitra Sorrells | June 4, 2024

The IPO includes an issuance of fresh shares worth about $14.5 million and the sale of nearly 67 million shares from existing shareholders. Read More

News / Online

With “innovationism” as its new philosophy, Trip.com Group comes roaring back

By Yeoh Siew Hoon - WiT | June 3, 2024

At its event last week, Trip.com Group leadership outlined the company's goal to be the number one OTA for flights in five years, powered by growth driven by higher-tier members and younger generations. Read More

News / Distribution

European tour operator FTI files for insolvency

By Linda Fox | June 3, 2024

The company, one of the largest tour operators in Europe, said the FTI Touristik brand is directly affected but that insolvency filings will follow for other group companies. Read More

News / Distribution

Brazil-based Nubank launches travel booking platform

By D.J. Catron | May 28, 2024

The partnership with Hopper Technology Services (HTS) will allow the bank’s Ultravioleta customers to purchase air tickets and book hotels on their banking app. Read More

News / Startups

Hotel tech entrepreneur launches Voyria travel startup fund

By Linda Fox | May 23, 2024

Voyria is looking to attract artificial intelligence-focused travel technology startups in the U.K. and Ireland and plans to support them financially as well as through mentorship. Read More

News / Technology

Cover Genius lands $80M to fund growth and technology investment

By Linda Fox | May 20, 2024

The company plans to put the funds toward further growth and technology investment, “including improved digital insurance distribution solutions, deploying artificial intelligence claims handling and... Read More

News / Technology

Korea-based credit card company creates travel booking portal

By D.J. Catron | May 20, 2024

The travel portal for Lotte Card customers will offer flights, accommodations and car rentals powered by HTS, Hopper's B2B solution. Read More

News / Technology

Simard to cease operations

By Michael B. Baker – Business Travel News | May 17, 2024

Simard was launched in 2021 by Winding Tree founder Pedro Renaud Anderson and travel technology consultant Matthieu Tahon to develop corporate use cases built from the Winding Tree blockchain. Read More

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