Finance


Northeast Asia online travel bookings to break $30B by 2026
News / Online
Northeast Asia online travel bookings to break $30B by 2026
By Phocuswright Research | March 11, 2025
Northeast Asia's booking pathway is online. New demand, demographic and strategic dynamics will further reshape travel across the decade.  Read More
Corsair Capital acquires majority share of IDnow
News / Technology
Corsair Capital acquires majority share of IDnow
By Morgan Hines | March 7, 2025
IDnow, which was founded in 2014, creates artificial intelligence-powered identification verification technologies that cater to brands across sectors including the travel sector. Read More
Selina properties being converted to Socialtels under new owner
News / Technology
Selina properties being converted to Socialtels under new owner
By Jeffrey Weinstein - Hotel Investment Today | March 5, 2025
Collective Hospitality is reimagining the "digital nomad" brand it bought out of insolvency with a new name, a smaller footprint and a goal to partner with a big brand. Read More
Expedia Group makes job cuts
News / Online
Expedia Group makes job cuts
By Morgan Hines | March 3, 2025
The job cuts come about a year after the online travel agency announced up to 1,500 layoffs in February 2024. Read More
AI travel software provider Maya raises €1M
News / Startups
AI travel software provider Maya raises €1M
By Morgan Hines | February 27, 2025
The funding, which included investors such as Lighthouse, will be used to fuel global growth and further develop the company's white-label AI assistant.   Read More
Technology and politics reshape the travel deals landscape
News / Technology
Technology and politics reshape the travel deals landscape
By Matthew Parsons | February 27, 2025
When it comes to the merger and acquisition (M&A) landscape, technology and political issues appear to be playing more of a role in the decisions being made by authorities. Read More
Experiences becoming “strategic and financial center” of Tripadvisor Group
News / Online
Experiences becoming “strategic and financial center” of Tripadvisor Group
By Morgan Hines | February 20, 2025
All three segments of Tripadvisor Group, including Brand Tripadvisor, Viator and TheFork, contributed positively to group profit for the first time. Read More
Hospitality revenue management provider RoomPriceGenie receives $75M for expansion
News / Startups
Hospitality revenue management provider RoomPriceGenie receives $75M for expansion
By Morgan Hines | February 18, 2025
Along with the funding, RoomPriceGenie announced that Chas Scarantino will become the company's CEO as founder and current CEO Ari Andricopoulos becomes chief strategy officer. Read More
STARTUP STAGE: Mendel wants to be the go-to corporate travel platform for Latin America
Interview / Startups
STARTUP STAGE: Mendel wants to be the go-to corporate travel platform for Latin America
By Morgan Hines | February 13, 2025
Founded in 2021 and based in Mexico City, the company provides a corporate travel platform that includes online booking, expense management and payments. Read More
Dertour Group acquires remaining Hotelplan Group brands
News / Online
Dertour Group acquires remaining Hotelplan Group brands
By Morgan Hines | February 12, 2025
Following HomeToGo's acquisition of Interhome, Dertour Group has acquired the remaining Hotelplan Group businesses from Migros. Read More
Klook lands $100M to expand in Asia and beyond
News / Online
Klook lands $100M to expand in Asia and beyond
By Linda Fox | February 11, 2025
The latest funding for the Asia-based platform comes 14 months after the company raised $210 million in a Series E+ round in December 2023. Read More
Exoticca receives €25M to expand presence, build out AI technology
News / Technology
Exoticca receives €25M to expand presence, build out AI technology
By Morgan Hines | February 11, 2025
The €25 million comes in the form of a venture debt facility from BBVA Spark, following the company’s recently completed €60 million Series D round which was headed up by Quadrille Capital. Read More
Trivago sees revenue growth in Q4 for first time since 2023
News / Online
Trivago sees revenue growth in Q4 for first time since 2023
By Morgan Hines | February 4, 2025
The hospitality metasearch's Q4 earnings showed a slight increase in total revenue year over year to €94.8 million, but full year revenue and adjusted EBITDA were both down. Read More
Smartify adds £1.5M to boost visitor engagement at museums and galleries
News / Technology
Smartify adds £1.5M to boost visitor engagement at museums and galleries
By Linda Fox | January 30, 2025
The company offers museums, galleries and other attractions apps that are tailored and branded to their venue and helps to drive engagement through augmented and virtual reality and artificial... Read More
Moove acquires urban mobility provider Kovi
News / Startups
Moove acquires urban mobility provider Kovi
By Morgan Hines | January 29, 2025
Moove launched in Nigeria in 2020 and is now headquarted in Dubai, with operations in 19 cities across six continents and more than 36,000 vehicles in its fleet. Read More