Investments

News / Startups

Naya Homes nabs $3M for vacation rental expansion in Mexico

By Linda Fox | May 8, 2024

Naya has raised $9.2 million to date, and these latest funds will go toward expanding the company into 10 new markets in Mexico. Read More

News / Technology

Travelier acquires DeÔnibus to boost footprint in Latin America

By Linda Fox | May 2, 2024

DeÔnibus, founded in 2012 as “Brazil by bus,” had raised $700,000 from venture capital firm ACE Ventures and angel investors. Read More

News / Startups

Short-term rental experts talk funding climate, acquisition and valuations

By Linda Fox | April 25, 2024

Vacation rental executives from Awaze, HomeToGo, Hostaway, CVC Capital and Forge Holiday Group discuss industry growth and challenges. Read More

News / Technology

AI dominates travel industry investment

By Linda Fox | April 22, 2024

Lufthansa Innovation Hub's research arm finds that AI and machine learning represented 65% of investment by the travel industry in recent years. Read More

News / Online

Consortium led by Certares will invest €125M as part of agreement with FTI Group

By Morgan Hines | April 18, 2024

FTI Group will use the new funding to bolster growth and pay for a “digital transformation.” Read More

News / Startups

Ramp raises $150M to bring AI to spend management

By Linda Fox | April 18, 2024

Eric Glyman, co-founder and CEO of Ramp, said the funding would go to "the next wave of innovation," which includes AI developments. Read More

News / Startups

Skyports lands $110M for air taxi infrastructure development in Dubai

By Linda Fox | April 17, 2024

After announcing a deal to develop vertiports in Dubai earlier this year, Skyports has received investment from ACS Group to help build the air taxi infrastructure. Read More

News / Technology

Is technology bringing the "perfect trip" nearer?

By Linda Fox | April 17, 2024

PhocusWire talks to Steve Singh, Concur co-founder and former CEO turned travel startup investor, on how technology is keeping the drive for the "perfect trip" alive. Read More

News / Technology

Waymap lands £7M to improve navigation everywhere for everyone

By Linda Fox | April 9, 2024

The investment will go toward expanding into geographies including Asia Pacific and the Middle East, building on Waymap's existing presence in North Africa and Europe. Read More

News / Technology

Southwest Airlines' CIO on plans for its $1.7B technology investment

By Linda Fox | April 8, 2024

Southwest Airlines SVP of technology and chief information officer Lauren Woods discusses the carrier's approach to its tech investments, disruption and modernization through cloud and AI. Read More

News / Online

India’s EaseMyTrip acquires minority interest in ETrav Tech

By Mitra Sorrells | April 1, 2024

EaseMyTrip has made several investments in the last year to diversify its business beyond air travel into hotels and said this investment will help it grow its B2B efforts. Read More

News / Startups

Blueground raises $45 million in Series D funding round

By Morgan Hines | March 28, 2024

The global operator of flexible, furnished rentals will use the funding to develop technology and advance strategic initiatives. Read More

News / Online

Amex GBT acquiring CWT in $570M deal

By D.J. Catron | March 25, 2024

American Express GBT expects the acquisition of CWT to close in the second half of the year. Read More

News / Startups

Trip.com Group makes additional investment in PMS company Smart Order

By Mitra Sorrells | March 25, 2024

Also investing in this round is Chinese social media platform Xiaohongshu, which began working with Smart Order in 2020 and will now expand its offerings for hospitality clients to use its platform... Read More