Articles tagged “investments”

Airlines

Investor 777 Buys AeroCRS to Build Tech Stack for Smaller Airlines

Investment firm 777 Partners hasn't only bought 68 Boeing 737 Max jets for its budget airlines. It has also been rolling up software vendors, competing with other airline tech providers.

Investor 777 Buys AeroCRS to Build Tech Stack for Smaller Airlines

Travel Technology

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Some recent efforts by businesses to go public via mergers with blank check companies have stalled or fizzled. But it's a vote of confidence in Mondee that Travelport's financial sponsors, Elliott Management and Siris Capital, are reportedly putting up money to support the travel tech company in going public.

Mondee Reportedly Gets $20 Million From Travelport Owners to Support Going Public

Startups

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Chantal Noble Haldorsen appears to be one of the rising stars of travel tech investing. Savvy entrepreneurs will note her insights.

Why Private Equity Firm Certares Is Dabbling in Travel Venture Investing

Short-Term Rentals

Short-Term Rentals Attract Private Equity Seeking New Asset Class

The smartest money appears to be warming to the emerging asset class of professionally managed short-term rentals and vacation rentals. But it's probably too soon to expect an "STR REIT," or short-term rental real estate investment trust, this year.

Short-Term Rentals Attract Private Equity Seeking New Asset Class

Venture Capital

Venture Capital Returns in Force to Travel: New Skift Research

A resurgence of early-stage startups launched in 2021 points to a new wave of innovation and energy coming into the travel sector.

Venture Capital Returns in Force to Travel: New Skift Research

Startups

Certares and Hertz Lead Investment in Mobility Startup UFODrive

Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.

Certares and Hertz Lead Investment in Mobility Startup UFODrive

Business Travel

Concur Co-Founder Is Back With Biz Travel Startup Spotnana

Second seasons often disappoint, but Steve Singh's comeback bodes well for blue-chip corporations. Singh is a business travel icon, and his ideas and energy may rev up the metabolism of travel managers, whether or not they buy into his new startup Spotnana.

Concur Co-Founder Is Back With Biz Travel Startup Spotnana

Airlines

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

The WestCap Group has led a $150 million round in Flyr, a startup that helps travel companies boost their revenue. "Mogul management" appears to be the new "revenue management."

All-Star Investors Katzenberg, Thiel, and Tosi Take Stake in Travel Startup Flyr

Mergers and Acquisitions

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions

Expect more travel tech companies to mimic Plusgrade and get private equity backing to be able to do the acquisitions they need to grow during the recovery.

Private Equity Backs Travel Upgrade Startup Plusgrade to Do Acquisitions

Online Travel

Investor Actus to Inject Capital Into This Australian Luxury Online Travel Agency

Luxury Escapes, an e-commerce travel deals business, plans to raise as much as $70 million (A$100 million). Makes sense. Travel companies with capital in hand may be best-prepared for the pandemic rebound.

Investor Actus to Inject Capital Into This Australian Luxury Online Travel Agency