Htrip Raises $25 Million for Hotel Tech: Travel Startup Funding This Week
Sean O'Neill
January 8th, 2021 at 1:00 AM EST
Skift Take
Travel startups collectively announced more than $100 million in funding at the turn-of-the-year and during the past week. Htrip, a Chinese hotel tech provider, led the pack.
Travel startups announced more than $100 million in funding recently.
>>Hipcamp, a startup that pairs people who wish to pitch their tents with landowners who want to accommodate them, has finalized $57 million Series C funding round, The Information reported on Thursday.
>>Htrip, a provider of operational and analytics tools to hotels, has had another extension to its Series A funding. Skift reported on the first portions. The Guangzhou-based company has now raised a total of $25 million in the Series A round.
Investors included Shenzhen Capital Group and Guangdong Jianrong Accommodation Rental Service.
Htrip provides Chinese hotels with operations software, such as revenue management systems and on-demand video and smart TVs for guest rooms. Htrip said it had signed deals for its systems to be in use at about 1.53 million rooms and that 42 hotel groups out of China's top 100 largest hotel groups have signed up as of December.
>>Lumous, which helps hotels use "Big data" to provide business intelligence on how to more precisely spend marketing dollars and ensure operational efficiency, has raised an undisclosed Series B round of financing.
CPE (Citic Private Equity) led the round. Yunshi Capital and angel investors also took part.
Lumous, a Shanghai-based company,
Get unlimited access with Skift Pro.
Subscribe now for complete access to Skift.com's trusted coverage of the travel industry.