Articles tagged “funding”

This is filled with so many people from the same team that it appears there's a very specific problem Marriott has that it wasn't able to solve in-house.

Trip sharing startups usually have a difficult time attracting and retaining users as well as turning user-generated content into a viable product.

The outcry about Uber's potential $25 billion valuation may turn out to be more muted than the criticism of its $17 billion valuation just a few months ago in the summer of 2014. But is there a cap on all this? Apparently not.

Global hotel corporations are finally embracing front-end and back-end technology is a big way, creating huge opportunities for providers on both sides of the equation.

Doing what GoEuro is attempting to do, collecting and structuring all the data necessary to bring all of these varied transportation modes together, is harder to do than squeezing into a rush-hour subway in Times Square. But, someone's got to do it.

With GetYourGuide's latest funding, making it the most heavily funded startup in the annals of tours and activities, a potential acquisition price just got racheted up. With TripAdvisor's acquisition of Viator, the market indeed is a "land grab" now for global expansion.

There is more technical innovation occurring in the hospitality sector than in any other part of the travel industry, and that oftens gives hotels the tools to turn guest data into revenue.

Deem, formerly known as Rearden Commerce, got burned in its foray into financial services sector, and is now drilling down in its core business.

A metasearch-like advertisement on an online travel agency site isn't going to get anywhere near the the sort of clout that sites such as TripAdvisor, Google and Kayak can wield, but it enables OTA sites to get into metasearch in a modest way to appease consumers' inclination to comparison-shop without taking a lot of the risk.

Vayant could one day be absorbed into Lufthansa, but until that happens it would have to convince its other airline partners that it isn't in Lufthansa's pocket.