Startups

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

Sean O'Neill, Skift

While venture capital funding of startups has dropped steadily since 2012, there are still ideas investors find worth funding, such as for short-term rental management, event venue marketplaces, and hotel distribution.

1 month ago

Airfare App Hopper Enters HotelTonight Turf With Hotel Expansion

Airfare App Hopper Enters HotelTonight Turf With Hotel Expansion

Sean O'Neill, Skift

Hopper said it is on track to process about $500 million in gross bookings — a number much larger than actual revenue — this year. Its expansion into hotel bookings would bring fatter commissions and hopefully more engagement. But the company will go up against better-funded players. All bets are off.

2 months ago

Tours and Activities Site Klook Secures $60 Million Round as Goldman Sachs Invests

Tours and Activities Site Klook Secures $60 Million Round as Goldman Sachs Invests

Sean O'Neill, Skift

Klook's rapid growth suggests that a growing number of Chinese and other Asian outbound travelers want to travel independently, instead of in groups, and thus book their activities a la carte. That portends a sea change in the travel industry.

2 months ago

TourRadar Raises $10 Million as Solo Female Travelers Turn to Tour Bookings

TourRadar Raises $10 Million as Solo Female Travelers Turn to Tour Bookings

Sean O'Neill, Skift

Group hikes, river cruises, and other multi-day tours are still primarily booked offline through travel agents or direct with the operators. But future bookings of these tours will likely be digital despite the complexity. It's a tough sector, and TourRadar hopes to be well-positioned as the trend gains ground.

2 months ago

Expedia Affiliate Network and Hotels.com Hop on Travel Startups Incubator Trend

Expedia Affiliate Network and Hotels.com Hop on Travel Startups Incubator Trend

Sean O'Neill, Skift

Another day, another support system for travel startups. Given all these incubators and accelerators, travel startups must be enjoying a golden age of innovation and profitability. Right?

2 months ago

Vacasa Raises $103 Million as Venture Capital Commits to the Property Management Sector

Vacasa Raises $103 Million as Venture Capital Commits to the Property Management Sector

Sean O'Neill, Skift

Vacasa spent years building a business before venture capital came along for the ride at this level. Its fate now depends on how well it executes the sometimes-cumbersome task of on-boarding new properties at scale, and whether it can avoid hubris.

2 months ago

Location-Data Specialist Mapbox Raises $164 Million: Travel Startup Funding This Week

Location-Data Specialist Mapbox Raises $164 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

Mapbox’s funding shows that Google will once again face competition for location-based data, which is good for market dynamics.

2 months ago

Snap’s New Feature for Hotels and Destinations Shows the Promise of Visual Search

Snap’s New Feature for Hotels and Destinations Shows the Promise of Visual Search

Sean O'Neill, Skift

The messaging app bets it can leap into becoming a platform for discovering places and hotels. Odds are against the company. But odds are in favor of visual-first search becoming widespread.

2 months ago

Secret Escapes Raises $111 Million in a Flash Sales Revival: Travel Startup Funding This Week

Secret Escapes Raises $111 Million in a Flash Sales Revival: Travel Startup Funding This Week

Sean O'Neill, Skift

Groupon may have its struggles and many similar sites have gone out of business, but travel flash sales have a stubborn persistence — even if they would probably get additional traction in more perilous economic times.

2 months ago

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Dan Peltier, Skift

Blockchain and China are both areas that investors find interesting, but blockchain requires a long-term view and China is really tough, especially domestically. Meanwhile, investors are pouring money into artificial intelligence and virtual reality, and are trying to sort out which travel startups working in these fields will make it to the finish line.

2 months ago

Sponsored
How Mergers and Acquisitions Are Accelerating Innovation in Travel

How Mergers and Acquisitions Are Accelerating Innovation in Travel

Cambon Partners + Skift

The travel industry has witnessed a number of successful mergers and acquisitions of major brands over the last few years. However, the deals that are truly driving innovation in the space are those that involve forward-thinking startups.

3 months ago

Home Rental Platform Le Collectionist Raises $10 Million: Travel Startup Funding This Week

Home Rental Platform Le Collectionist Raises $10 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

With this funding, Le Collectionist ramps up its marketing of luxury vacation rentals. But Airbnb and other tech and lodging brands may not let this profitable segment be siphoned off by this and other young startups for long.

3 months ago