Startups

Life House Raises $30 Million for Next-Gen Hotel Management: Travel Startup Funding This Week

Life House Raises $30 Million for Next-Gen Hotel Management: Travel Startup Funding This Week

Sean O'Neill, Skift

A few startups receiving funding this week deserve props for trying to shake up travel. Life House is targeting a brand gap left by major hotel groups in some markets. ByHours raised funding for letting guests book stays of as little as three hours at partner hotels. Stasher offers a network of rentable storage spaces for travelers' bags.

4 days ago

Xiezhu Raises $37 Million for Smart Hotel Tech: Travel Startup Funding This Week

Xiezhu Raises $37 Million for Smart Hotel Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $100 million in funding. One company to call out is Xiezhu. It provides software and hardware to about 8,000 hotels in China. We expect broad growth in the "smart hotels" trend, which involves devices such as electronic door locks for guest rooms that can be opened by voice or facial recognition.

2 weeks ago

SiteMinder Gets Funding Boost as Financial Titan BlackRock Bets on Hotel Tech

SiteMinder Gets Funding Boost as Financial Titan BlackRock Bets on Hotel Tech

Sean O'Neill, Skift

To call a company the best-capitalized hotel tech startup might seem like pointing out the tallest leprechaun. But while SiteMinder serves only about 36,000 hotels out of a million worldwide, new funding from cash-rich investor BlackRock could fuel the hotel connectivity startup's growth substantially.

2 weeks ago

Sponsored
Forecasting the Future of Business Travel in Asia

Forecasting the Future of Business Travel in Asia

Travelstop + Skift

As business travel surges in APAC, the tech tools needed to manage that travel have fallen behind. But new innovations — like those from Travelstop — are beginning to meet the ever-changing needs of this soon-to-be $900 billion market.

5 months ago

DAQ Soft Raises $5 Million for Smart Tourism: Travel Startup Funding This Week

DAQ Soft Raises $5 Million for Smart Tourism: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups DAQ Soft, The Guild, Shep, Hellotickets, Bob, Beonprice, Whizar, IceLolly, and Your Rentals raised funding. It's great that angel investors continue to support early-stage companies.

3 weeks ago

The Best-Funded Travel Startups Through the End of 2019

The Best-Funded Travel Startups Through the End of 2019

Sean O'Neill, Skift

The travel industry has at least 10 young private companies that have each raised more than $500 million so far while continuing to seek an exit for their investors. That's a remarkable boom in travel startups compared with a decade ago.

4 weeks ago

Domio Raises $50 Million for Apartment-Style Hotels: Travel Startup Funding This Week

Domio Raises $50 Million for Apartment-Style Hotels: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups, including TravelFlan, Beachy, HalalBooking, and GuruWalk, announced more than $63 million in funding. Most notably, Domio disclosed a $50 million Series B round, underscoring the ongoing growth in the short-term rental of apartments with hotel-style services.

1 month ago

Zeus Raises $55 Million for Extended-Stay Rentals: Travel Startup Funding This Week

Zeus Raises $55 Million for Extended-Stay Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $139 million in funding for concepts including extended-stay corporate housing, short-term rental-style pop-up hotels, co-living spaces, and landing ports for flying taxis.

2 months ago

2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week

2C2P Raises $52 Million for Payments Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $101 million in funding for a range of concepts, including cross-border payments technology, short-term property management services, digital marketing help, and hotel tech.

2 months ago

Oyo’s Widening Losses and Other Financial Takeaways From Its Latest Filing

Oyo’s Widening Losses and Other Financial Takeaways From Its Latest Filing

Sean O'Neill, Skift

Oyo has disclosed a surge in losses in documents related to its $1.5 billion in new funding. The hospitality company claims it will turn profitable three years from now, yet Skift Research dug beneath the headlines to deliver analysis substantiated by Oyo's latest income statements.

2 months ago

Tencent Bets Big on Ctrip-Backed LvYue Hotel Group: Travel Startup Funding This Week

Tencent Bets Big on Ctrip-Backed LvYue Hotel Group: Travel Startup Funding This Week

Sean O'Neill, Skift

Is there anything that Trip.com Group (formerly Ctrip) won't do? LvYue Hotel Group is its upscale counterpart to Oyo, a set of hotel brands run in partnership with local operators in 10 Asian countries and run on cloud-based software.

2 months ago

Airbnb Vs. Local Regulators Is a Lopsided Battle

Airbnb Vs. Local Regulators Is a Lopsided Battle

Shira Ovide, Bloomberg

The cities and municipalities that are trying to contain the likes of growth-hungry startups like Airbnb have a major disadvantage: Their adversaries have fought this fight multiple times before.

2 months ago