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Articles tagged “news blog”

News Blog

Florida’s Tourism Recovery Continues Despite Headwinds

Tourism in Florida during the first half of this year surpassed the level during the comparable pre-pandemic period of 2019. Visit Florida, the state’s tourism marketing agency, published the numbers this week. It ballparked that the state drew 69 million visitors in the year through June 30. Florida has done well at attracting international travelers,…

Sean O'Neill | 2 years ago

News Blog

Soho House Parent Touts Waitlist and Retention Rates at Pre-Pandemic Level

The company behind Soho House remains on track to meet its forecasted membership targets while opening nine properties this year. Membership Collective Group, which runs 36 Soho House venues, said it had 142,250 members for Soho House. The company generated revenues of $243 million in the 13 weeks ending July 3. It has never made…

Sean O'Neill | 2 years ago

News Blog

Travel Tech Firm Skipper Raises $5 Million to Help Indie Hotels

Skipper, a hospitality tech startup that offers direct booking tools for hotels, came out of stealth on Friday with a $5.8 million seed round.  Google’s Gradient Ventures led the round. Other investors taking part include Pear.VC, Wayfinder, Uncommon Capital, ERA, angels Ryan Simonetti (Convene), Neil Parikh (Casper), and Aaron Frank (Final). Here's how the startup describes itself:…

Sean O'Neill | 2 years ago

News Blog

Timeshare Giants Report Strong Quarter

Vacation ownership is having a boom time this year as the travel sector broadly recovers from the pandemic. Hilton Grand Vacations said Tuesday that its contract sales in the second quarter were $617 million, or 5 percent above 2019 contract sales. It produced a net income (a measure of profit) of $73 million on $948…

Sean O'Neill | 2 years ago

News Blog

Sabre Buys Payment Tech Firm Conferma Pay in Bet on Virtual Cards for Business Travel

Sabre acquired payments technology vendor Conferma Pay based in the UK, on August 3, the travel tech company confirmed in a statement to Skift. The travel technology company based in Southlake, Texas, didn't reveal deal terms. "Sabre has had a successful partnership with Conferma Pay for many years, and Conferma Pay is the basis upon which…

Sean O'Neill | 2 years ago

News Blog

Inspirato’s Luxury Travel Subscription Revenue Doubled in Q2

Inspirato, a Denver-based travel startup, said that it generated $36 million in subscription travel revenue in the second quarter — up by half year-over-year. The company's full quarterly revenue was $84 million.  The company's Netflix-like subscription service, Inspirato Pass, had 3,600 subscribers in the quarter. For about $2,500 a month, Inspirato's Pass lets travelers stay at…

Sean O'Neill | 2 years ago

News Blog

Australia Struggling to Balance Inbound Visitor Void With More Local Tourists

The number of Australians leaving for international trips has been more than 80 percent above the number of incoming visitors to the country. Reporting on Friday, The Australian (paywalled) said: Australian Bureau of Statistics data showed in May 420,110 people traveled abroad for a short-term trip, 81 percent more than the 231,480 short-term arrivals. The…

Sean O'Neill | 2 years ago

News Blog

Australia’s Alloggio Expands Short-Term Vacation Rental Network

Alloggio, a short-term rental property manager based in Australia, has invested $11 million ($16 million Australian) since its November initial public offering. The small company has acquired rights to manage properties and getting its own channel manager by acquiring Aabode.com, reported The Australian. The company is strengthening its position as one of the country's managers…

Sean O'Neill | 2 years ago

News Blog

Cendyn Buys DigitalHotelier to Expand Hotel Ecommerce and Distribution Tools

Cendyn, which offers customer relationship management and digital marketing tools to hotels, said on Wednesday it had acquired DigitalHotelier, which provides hoteliers with tools for distribution, web design, digital marketing, and rate-setting. The companies didn't disclose the terms of the deal. The London-based Digitalhotelier was a bootstrapped company of a few dozen workers. It saw…

Sean O'Neill | 2 years ago

News Blog

Travel Startup Boatsetter Raises $38 Million

Boatsetter, which offers more than 50,000 personal watercraft for rental along with activities like wakeboarding, said on Monday it had raised $38 million in Series B funding. Level Equity participated in the round. The same firm recently helped vacation rental property manager Vacasa go from startup to public company. The Miami-based Boatsetter believes it can…

Sean O'Neill | 2 years ago