Startups

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Want a Pristine, Private Beach All to Yourself? Sandee’s Got You Covered

Want a Pristine, Private Beach All to Yourself? Sandee’s Got You Covered

Claire Ballentine, Bloomberg

Ever find yourself desperate to find a private black-sand beach but don't have time to aimlessly search in a rental car? Consider Sand.ee, a new website and soon-to-be app, the latest brand that wants to give consumers more control over their experiences. It's a good example that creation is the new consumption, as forecasted by our Skift 2019 Megatrend.

6 months ago

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Shiji’s Hotel Tech Acquisition Spree: A Closer Look

Sean O'Neill, Skift

Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China, according to our review of its financial filings. Yet we still don't grasp the overseas strategy of the hospitality tech group.

6 months ago

Socio Raises $6 Million for Event Management: Travel Startup Funding This Week

Socio Raises $6 Million for Event Management: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced approximately $95 million in funding. One standout was Socio, a company that offers software for managing events. Its funding highlights a broader trend of investment in the event tech sector.

6 months ago

FlixMobility Raises $561 Million for Intercity Travel: Travel Startup Funding This Week

FlixMobility Raises $561 Million for Intercity Travel: Travel Startup Funding This Week

Sean O'Neill, Skift

This week a handful of companies announced more than $650 million in funding. Business models include intercity bus and train travel, Oyo-style franchising in China, and the mobile ordering of duty-free goods on airplanes.

6 months ago

The Surprising Rise of Hotel Spending on Metasearch Advertising

The Surprising Rise of Hotel Spending on Metasearch Advertising

Sean O'Neill, Skift

Many hotel groups are directing more of their ad budgets toward price-comparison search sites. That's a boon for vendors providing connectivity and automation services. But it's also a welcome, if still modest, injection for metasearch players like Trivago that have recently been struggling.

6 months ago

Might Travelzoo Find a Company Buyer in China?

Might Travelzoo Find a Company Buyer in China?

Sean O'Neill, Skift

Travelzoo's founder Ralph Bartel has seen the value of his investment in the public company go from north of a billion to less than $100 million over two decades. Could the chairman of the company be seeking an exit with a sale to a buyer in Asia?

6 months ago

Newly Public Customer Feedback Firm Medallia Must Overcome Survey Fatigue

Newly Public Customer Feedback Firm Medallia Must Overcome Survey Fatigue

Sean O'Neill, Skift

Medallia has pleased investors so far with the sales of its enterprise software for tracking customer feedback. But burnout on surveys is an industrywide problem, especially in travel. It remains an open question whether Medallia and its rival tech vendors can overcome the issue.

6 months ago

Every Travel Tech Company Calls Itself a Platform: Why That’s Silly

Every Travel Tech Company Calls Itself a Platform: Why That’s Silly

Sean O'Neill, Skift

Travel tech's "platformania" may be cooling off. One reason is fiercer competition, according to a new study.

6 months ago

EasyParcel Raises $10 Million for Delivery: Travel Startup Funding This Week

EasyParcel Raises $10 Million for Delivery: Travel Startup Funding This Week

Sean O'Neill, Skift

In the past seven days, travel startups announced more than $216 million in funding. But the hot market deserves a warning that paraphrases Fleetwood Mac: Investors only love you when they're investing. Funding will come and it will go. When the rain washes you clean you'll know. You'll know.

6 months ago

Go-Jek Gets Investment From Visa to Expand Digital Payments in Southeast Asia

Go-Jek Gets Investment From Visa to Expand Digital Payments in Southeast Asia

Yoolim Lee, Bloomberg

It's no secret that Go-Jek is keen to be Southeast Asia's answer to China's WeChat. Its move to expand digital payments will be a key step to gain dominance in the region.

6 months ago

StayPlease Raises Funds to Expand ‘Slack for Hotels’: Travel Startup Funding This Week

StayPlease Raises Funds to Expand ‘Slack for Hotels’: Travel Startup Funding This Week

Rosie Spinks, Skift

This week’s travel startups, including Sonder, StayPlease, and Bolt, released a series of funding announcements, many of them for undisclosed amounts.

6 months ago

Boutique Rental Brand Sonder Raises Another $225 Million

Boutique Rental Brand Sonder Raises Another $225 Million

Patrick Whyte, Skift

Sonder's hotel-style serviced apartments operate in that sweet spot between Airbnb homeshares and full-on hotels. There are, of course, plenty of rivals doing a similar thing, but this funding round will enable Sonder to expand its business and give it a competitive edge.

6 months ago