Startups

Airlines Reluctantly Adapt to Reimbursing Travelers for Flight Disruptions

Airlines Reluctantly Adapt to Reimbursing Travelers for Flight Disruptions

Sean O'Neill, Skift

TUI Fly says it's the first airline to work with tech vendors to automate and standardize the process of flight disruption claims. Larger carriers, take note: You also need to reduce your enormous backlogs of consumer claims, whether you build tech in-house or find a vendor.

3 days ago

Booking Holdings Backs Yanolja for Hotel Booking: Travel Startup Funding This Week

Booking Holdings Backs Yanolja for Hotel Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

Yanolja got its start as a chain of so-called love motels. But it has since become a reputable online travel agency in Korea and a provider of a widely used property management system. No wonder Booking Holdings has made a strategic investment in the company.

3 days ago

CellPoint Mobile Raises $14 Million for App Services: Travel Startup Funding This Week

CellPoint Mobile Raises $14 Million for App Services: Travel Startup Funding This Week

Sean O'Neill, Skift

CellPoint Mobile, which helps airlines and other travel companies run their mobile apps more effectively, has received $14 million in investment. The move underscores the ongoing venture capital interest in business-to-business services in travel.

1 week ago

Amadeus Backs Startup Volantio to Help Airlines Manage Overbooked Flights

Amadeus Backs Startup Volantio to Help Airlines Manage Overbooked Flights

Sean O'Neill, Skift

Props to Volantio, which won the Air Pitch startup competition at Skift Global Forum last year, for now getting investment and sales support from Amadeus.

2 weeks ago

General Atlantic Buys Startup Kiwi.com in Travel Tech Play by Private Equity

General Atlantic Buys Startup Kiwi.com in Travel Tech Play by Private Equity

Sean O'Neill, Skift

A top-tier private equity firm like General Atlantic should provide a strong tailwind for Kiwi as it branches out from selling plane tickets into other types of travel. But it's a bit surprising that Ctrip.com or another travel conglomerate didn't bite instead.

2 weeks ago

Interprefy Raises $2.8 Million for Event Tech: Travel Startup Funding This Week

Interprefy Raises $2.8 Million for Event Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

Startups announcing funding this week include Mindsay, a travel chatbot maker, Interprefy, a service for providing remote interpreters for events, Airfree, a service that sells duty-free products online during flights, and Airblack, a social-travel commerce startup.

2 weeks ago

Accor Backs Chatbot Tech Builder Mindsay in $10 Million Funding Round

Accor Backs Chatbot Tech Builder Mindsay in $10 Million Funding Round

Sean O'Neill, Skift

The funding of French startup Mindsay may be small news. But interviews with its customers Iberia and CWT suggest that a second wave of chatbot technology has stopped frustrating travelers with as many misunderstandings as the earlier tech did. That's a big deal for the sector.

3 weeks ago

Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week

Prowler Raises $24 Million for Decision Tool: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $309 million in funding, as Mafengwo, Prowler.io, Instawork, Revenue Analytics, Dawex, and Outpost received investments.

3 weeks ago

This German Startup Aims to Have a Fleet of Jet-Powered Flying Taxis by 2025

This German Startup Aims to Have a Fleet of Jet-Powered Flying Taxis by 2025

Christopher Jasper, Bloomberg

Lilium's five-seat aircrafts can operate in pilot or drone mode, but the company must raise more venture capital dollars for it to reach its goal.

4 weeks ago

YouTrip Raises $25 Million for a Digital Wallet: Travel Startup Funding This Week

YouTrip Raises $25 Million for a Digital Wallet: Travel Startup Funding This Week

Sean O'Neill, Skift

This week's travel startups, including YouTrip, GetYourGuide, Away, and Anyplace, announced more than $611 million in funding.

1 month ago

IndiGo Founders Feud May Stall Airline’s Growth

IndiGo Founders Feud May Stall Airline’s Growth

Anurag Kotoky, Bloomberg

The last thing India's airline sector needs right now, after the collapse of Jet Airways, is a wobbling strategy by its market leader, IndiGo. Let's hope this founders feud is a tempest in a teapot that passes quickly.

1 month ago

Away Raises $100 Million for Expansion Beyond Selling Luggage

Away Raises $100 Million for Expansion Beyond Selling Luggage

Sean O'Neill, Skift

Away has so far managed the tricky transition to brand extensions beyond suitcases. The established travel goods industry will be watching with envy if the startup can continue to pull off its empire-building.

1 month ago