Articles tagged “startups”

Hostmaker Raises $15 Million for Short-Term Rental Management: Travel Startup Funding This Week

Hostmaker Raises $15 Million for Short-Term Rental Management: Travel Startup Funding This Week

Sean O'Neill, Skift

In the California gold rush, businesses once sold pickaxes to prospectors. In today's vacation rental gold rush, they're selling management services to the property owners. The safest bets are always adjacent services.

2 days ago

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Airbnb Rival Xiaozhu Raises $120 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

The moneyed set looked East this week as China had its second travel unicorn, Xiaozhu, receive a billion-dollar valuation, following in the footsteps of its rival, Tujia, China's first travel unicorn. Meanwhile, Ctrip bought Trip.com

2 weeks ago

Ctrip Buys Trip.com for Skyscanner to Enhance Local Recommendations

Ctrip Buys Trip.com for Skyscanner to Enhance Local Recommendations

Sean O'Neill, Skift

Ctrip-backed Skyscanner will tap in-destination content from social reviews company Trip.com. But is the acquiring company's true plan to further mobile engagement? Or is it to nab a domain name that may be appeal more to Americans than Ctrip.com -- or Alibaba's Fliggy?

2 weeks ago

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

GuestReady Raises $3 Million for Airbnb Rental Management: Travel Startup Funding This Week

Sean O'Neill, Skift

While venture capital funding of startups has dropped steadily since 2012, there are still ideas investors find worth funding, such as for short-term rental management, event venue marketplaces, and hotel distribution.

3 weeks ago

Secret Escapes Raises $111 Million in a Flash Sales Revival: Travel Startup Funding This Week

Secret Escapes Raises $111 Million in a Flash Sales Revival: Travel Startup Funding This Week

Sean O'Neill, Skift

Groupon may have its struggles and many similar sites have gone out of business, but travel flash sales have a stubborn persistence — even if they would probably get additional traction in more perilous economic times.

1 month ago

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Dan Peltier, Skift

Blockchain and China are both areas that investors find interesting, but blockchain requires a long-term view and China is really tough, especially domestically. Meanwhile, investors are pouring money into artificial intelligence and virtual reality, and are trying to sort out which travel startups working in these fields will make it to the finish line.

2 months ago

Home Rental Platform Le Collectionist Raises $10 Million: Travel Startup Funding This Week

Home Rental Platform Le Collectionist Raises $10 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

With this funding, Le Collectionist ramps up its marketing of luxury vacation rentals. But Airbnb and other tech and lodging brands may not let this profitable segment be siphoned off by this and other young startups for long.

2 months ago

Sponsored
Skift Podcast: How London is Powering a Travel Startup Cluster

Skift Podcast: How London is Powering a Travel Startup Cluster

London and Partners + Skift

Destinations can be doing a lot more to forge alliances between tourism and tech. London & Partners shows how.

2 months ago

Booking.com Buys Evature for Its Chatbot Talent

Booking.com Buys Evature for Its Chatbot Talent

Sean O'Neill, Skift

This acqui-hire of Tel Aviv chatbot start-up Evature underlines the intense interest travel companies now have in natural-language search by text or voice -- and for the technical talent that can make the magic happen.

2 months ago

India Hotel Brand Oyo Rooms Attracts a $10 Million Strategic Investment From China Lodging Group

India Hotel Brand Oyo Rooms Attracts a $10 Million Strategic Investment From China Lodging Group

Sean O'Neill, Skift

The 23-year-old CEO of loss-generating hotel aggregator Oyo Rooms has a business vision that has attracted total funding of $446 million to date. What could go wrong? Well...

2 months ago

HotelTonight Outlook — Travel’s Best and Brightest Have a Say on Its Prospects

HotelTonight Outlook — Travel’s Best and Brightest Have a Say on Its Prospects

Dennis Schaal, Skift

Most of the travel brainiacs we consulted feel that HotelTonight has an uphill battle ahead, but as they say in baseball, that's why they play the games. In other words, maybe they're wrong, and HotelTonight will have the right stuff to persevere. The entire travel industry is watching.

2 months ago

Package Vacation Platform GoFro Raises $10 Million: Travel Startup Funding This Week

Package Vacation Platform GoFro Raises $10 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

Startups in India and Turkey have benefited from investment by venture capital firms located outside those countries. That's a trend that's a mixed blessing.

2 months ago