Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

This week, travel startups announced more than $23 million in funding. >>Hotel Engine, which offers online lodging management for businesses, has raised $16 million in Series A funding. Telescope Partners led the round, which placed a more than $150 million valuation on the startup. The Denver-based travel tech company, founded four years ago, is similar to well-funded startups like TripActions and TravelPerk. It offers hotel reservation and management solutions for the booking of more than 200,000 hotels. It has processed more than a million room nights,