Startups

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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.

7 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.

7 months ago

Travelio Raises $18 Million for Extended Stay Booking: Travel Startup Funding This Week

Travelio Raises $18 Million for Extended Stay Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups Travelio, Refundit, and Nowaday together announced more than $31 million in funding. Of particular note is Amadeus' backing of Refundit. The startup offers visitors to European Union countries a mobile app to speed up their claims for rebates for value-added taxes paid on retail shopping.

7 months ago

Comtravo Raises $23 Million for Business Trip Management: Travel Startup Funding This Week

Comtravo Raises $23 Million for Business Trip Management: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $60 million in funding for a business travel management agency, a sightseeing and experiences agency, a white-label travel insurance provider, a short-term rental manager that uses master leases in Asia, and a student travel service.

7 months ago

Fountain Raises $23 Million for Hospitality Recruitment: Travel Startup Funding This Week

Fountain Raises $23 Million for Hospitality Recruitment: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $437 million in funding. Blockchain-based identify management, hospitality worker recruitment, airline distribution, attractions ticketing, and short-term rental property management were some of the hot concepts attracting investors.

7 months ago

The Battle Over Tours and Activities Reservation Systems Rages On

The Battle Over Tours and Activities Reservation Systems Rages On

Sean O'Neill, Skift

FareHarbor and Bokun act as if they're unstoppably on the way to becoming giants. But the market for booking systems for sightseeing and experience operators remains very much in flux.

7 months ago

Duffel Joins Wave of Startups Accelerating Efforts to Reinvent Airline Distribution

Duffel Joins Wave of Startups Accelerating Efforts to Reinvent Airline Distribution

Sean O'Neill, Skift

Venture capitalists are turning their sights on airline distribution. Duffel's backing by VC firms Index and Benchmark brings hope to the sector. New ideas and technologies may help create more efficient and user-friendly ways for travel agencies to access airline data to sell tickets and other products.

7 months ago

Flying Taxi Tests in Singapore Reveal Rival Visions of the Future

Flying Taxi Tests in Singapore Reveal Rival Visions of the Future

Melissa Cheok and Dan Murtaugh, Bloomberg

We'll believe it when we see actual passengers in real flying taxis that authorities have approved as safe.

7 months ago

Blueground Raises $50 Million for Extended-Stay Lodging: Travel Startup Funding This Week

Blueground Raises $50 Million for Extended-Stay Lodging: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $64 million in funding. Investors backed innovations in extended-stay lodging, food waste management, voice-powered instructions for airline and hotel workers, help for distressed visitors in India, and event planning tools.

7 months ago

An In-Depth Look at Hotel Chain Oyo’s Financials and Strategy: New Skift Research

An In-Depth Look at Hotel Chain Oyo’s Financials and Strategy: New Skift Research

Seth Borko, Skift Research

Oyo promises a new type of hotel company. It’s an asset-light brand that seeks to connect the global long tail of mom-and-pop hotels through its tech and distribution platform. But can it live up to the hype? Skift Research dives deep into Oyo’s business strategy and financial performance.

8 months ago

July Raises $7 Million for Better Luggage: Travel Startup Funding This Week

July Raises $7 Million for Better Luggage: Travel Startup Funding This Week

Sean O'Neill, Skift

Melbourne, Australia-based luggage maker July was one of several travel startups that announced collectively more than $21 million in funding this week.

8 months ago

SoftBank Invests in Brazil’s Buser: Travel Startup Funding This Week

SoftBank Invests in Brazil’s Buser: Travel Startup Funding This Week

Sean O'Neill, Skift

By investing in bus booking company Buser, SoftBank continues to add travel-related startups to its portfolio of investments, despite reports of trouble due to its investments in WeWork and Uber that have not met its expectations. Plus, we have this week's news of funding for the startups Jiudianbang, Lyte, Situm, and Skyroam.

8 months ago