Articles tagged “funding”

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

Oyo CEO Claims Backer SoftBank Isn’t Trying to Sway Its Hotel Strategy

Dennis Schaal, Skift

WeWork's implosion is putting pressure on all of SoftBank's investments, Oyo included. If it's not changing course already, the budget hotel chain may soon have to decide whether, as CEO Ritesh Agarwal put it, to grow fast or grow right.

2 days 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.

5 days 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.

2 weeks ago

Airbnb Invests in Tiqets for Experiences That Are Not, Well, Unique

Airbnb Invests in Tiqets for Experiences That Are Not, Well, Unique

Dennis Schaal, Skift

Airbnb may never become a clone of its online travel agency competitors, but it will eventually go more mainstream to attract a wider range of travelers and locals, as the Tiqets investment suggests.

2 weeks ago

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Vacasa Nets $319 Million in Backing for Vacation Rental Management

Sean O'Neill, Skift

Short-term rental companies can't believe their luck. Private equity and venture capital continue to pour into their sector despite a hot market. Vacasa has remained an investor darling, in part, because it has branched into opening real estate brokerages to help boost the supply of units.

2 weeks 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.

3 weeks 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.

4 weeks 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.

1 month ago

Aero Raises $16 Million for Air Service for Millennials: Travel Startup Funding This Week

Aero Raises $16 Million for Air Service for Millennials: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, the startups Aero, TravelBank, Impala, Quicko, and Fyle together announced more than $45 million in funding.

1 month ago

Unbabel Raises $60 Million for Translation Services: Travel Startup Funding This Week

Unbabel Raises $60 Million for Translation Services: Travel Startup Funding This Week

Sean O'Neill, Skift

In the past week, travel startups raised more than $100 million in funding. The companies Unbabel, Beyond Pricing, Travel Easy, Air Doctor, Seatfrog, Cruisewatch, HappyOrNot, Landline, Planet O, and Go Zayaan look to go to the next level.

2 months ago

Why Airbnb Won’t Do an Initial Public Offering in 2020

Why Airbnb Won’t Do an Initial Public Offering in 2020

Dennis Schaal, Skift

Airbnb has always put itself out there as not just another startup or your grandmother's online travel agency. Going the direct listing route, as opposed to a far costlier initial public offering, could fit in nicely with that narrative.

2 months ago

Chengjia Raises $300 Million for Short-Term Rentals: Travel Startup Funding This Week

Chengjia Raises $300 Million for Short-Term Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups announced more than $433 million in funding. Companies included Chengjia, Holidu, AvantStay, WanderJaunt, Lavanda, Kambr, Amenitiz, and Beekeeper.

2 months ago