Startups

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Standard Hotels Spins Off One Night Booking App: Travel Startup Funding This Week

Standard Hotels Spins Off One Night Booking App: Travel Startup Funding This Week

Sean O'Neill, Skift

It's not clear there's enough market demand for a mobile app that books only independent and boutique properties. But some hoteliers might welcome the new app One Night if it can bring down its distribution costs, even marginally.

5 months ago

What Venture Capital Likes in Travel Startups: New Skift Research

What Venture Capital Likes in Travel Startups: New Skift Research

Seth Borko, Skift Research

Analyzing startups helps us understand what the future of travel holds. The latest generation of startups promises innovation across many facets of travel: hospitality, tours, airlines, business travel, and more.

5 months ago

Pickyourtrail Raises $3 Million for Vacation-Package Booking: Travel Startup Funding This Week

Pickyourtrail Raises $3 Million for Vacation-Package Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

Pickyourtrail has received funding to expand its online services for booking international vacations; its operation is strikingly sophisticated for a small startup. Plus, investors also recently announced bets on smart hotels, urban lounges, and storage places for luggage.

5 months ago

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Virtuo Raises $23 Million for Car Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

Three interesting companies announced investments this week: Virtuo, a car rental service, aims to replace service counters with mobile-first customer service. May Mobility builds autonomous vehicles for smart cities. NuStay offers hotel price-comparison.

5 months ago

2nd Address Raises $10 Million for Rental Bookings: Travel Startup Funding This Week

2nd Address Raises $10 Million for Rental Bookings: Travel Startup Funding This Week

Sean O'Neill, Skift

The market for long-term business lodging is being dragged, thankfully, into the digital era by companies like 2nd Address. Plus, fundraising news for Festicket, Oaky, and Operto.

5 months ago

Emirates to Hire Pilots From Etihad and Other Airlines With Cash Troubles

Emirates to Hire Pilots From Etihad and Other Airlines With Cash Troubles

Layan Odeh, Bloomberg

A lack of cockpit crew has been a factor in Emirates' moves to trim its number of flights. But the carrier may have a fix. A new memo shows that the Dubai giant has pinpointed 500 suitable applicants from airlines experiencing financial trouble.

5 months ago

Travel Tripper Merges With Pegasus in Hotel Tech Rollup

Travel Tripper Merges With Pegasus in Hotel Tech Rollup

Sean O'Neill, Skift

Travel Tripper is taking on a distressed asset, Pegasus. Meh. But what's interesting is that Accel-KKR is backing the deal. The support by the private equity firm is yet another sign of more rollups of hotel tech companies to come against a backdrop of hotel software investments by Amadeus, Sabre, and Shiji.

5 months ago

Oyo Enters the U.S. Budget Hotel Market

Oyo Enters the U.S. Budget Hotel Market

Sean O'Neill, Skift

Oyo has a seductive model of renovating budget hotels, running them efficiently through technology, and marketing them directly to consumers. But the startup risks imperial overreach by entering markets like the U.S. that differ significantly from its core markets in India and China.

5 months ago

AutoCamp Raises $115 Million for Glamping: Travel Startup Funding This Week

AutoCamp Raises $115 Million for Glamping: Travel Startup Funding This Week

Sean O'Neill, Skift

AutoCamp has built an outdoor brand on offering bookings for glamping, or camping in amenity-filled recreational vehicles and luxury vans. Given a new $115 million investment, it will expand across the U.S. Read on for other funding news, too, from Intelity, Zingle, Recharge, and LuggageHero.

6 months ago

What Is Expensify Thinking With Its Pricey Super Bowl Ad?

What Is Expensify Thinking With Its Pricey Super Bowl Ad?

Isaac Carey, Skift

Feeling pigeonholed, the expense-tracking company is betting big on the Super Bowl to break free.

6 months ago

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Private Equity Takes Over Switchfly in a Bet on Travel Loyalty Tech

Sean O'Neill, Skift

Switchfly, a travel tech firm specializing in loyalty and e-commerce upselling, has been taken over by private equity firms Golub Capital and L Capital.

6 months ago

Itilite Raises $4 Million for Business Travel Booking: Travel Startup Funding This Week

Itilite Raises $4 Million for Business Travel Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

Itilite, which is sort of an Indian clone of TripActions and Rocketrip, has raised funds for its online booking tool, which encourages business travelers to keep their trip costs in check. VDroom, a visual asset management service, and Flyiin, an airline distribution tech provider, also announced funding rounds.

6 months ago