Articles tagged “startups”

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.

6 hours ago

Culture Trip Struggles to Justify Massive Investment

Culture Trip Struggles to Justify Massive Investment

Patrick Whyte, Skift

We get it, startups often have to accept substantial losses in order to quickly expand a particular business. But given the size of Culture Trip's revenue and the market in which it operates, it's difficult to see why investors have pumped more than $100 million into the business.

6 days 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 week ago

Hotels Are Finding Cheaper Ways to Connect to Tech Vendors

Hotels Are Finding Cheaper Ways to Connect to Tech Vendors

Sean O'Neill, Skift

Hotel tech innovation has been partly hampered by high tolls that property management systems charge for accessing critical data. Impala, Hapi, and other companies hope to bring that connectivity cost down, which could be a windfall for vendors.

1 week 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.

2 weeks 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.

3 weeks 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.

4 weeks ago

Beekeeper Raises $45 Million for Online Chat for Non-Desk Hotel Workers

Beekeeper Raises $45 Million for Online Chat for Non-Desk Hotel Workers

Sean O'Neill, Skift

To understand the startup Beekeeper, think of workplace communications tools like Slack or Microsoft Teams. The service helps hourly workers without desktop computers, such as housekeepers, stay up-to-date. The fresh funding underscores a recent boom in hotel tech investment.

1 month ago

Volocopter Raises $55 Million for Flying Taxis: Travel Startup Funding This Week

Volocopter Raises $55 Million for Flying Taxis: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, travel startups Volocopter, Atlas Obscura, KKDay, AmazingCo, Living Map, Sojourn, and Davinci Travel Systems announced more than $93 million in funding. The venture capital sector clearly isn't spooked by talk of recession in some markets.

1 month ago

Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

Hotel Engine Raises $16 Million for Business Travel Booking: Travel Startup Funding This Week

Sean O'Neill, Skift

The funding of business travel management startup Hotel Engine underscores how there's a lot of money and energy pouring into the sector.

1 month ago

Smartair Raises $6 Million for Dynamic Packaging Tech: Travel Startup Funding This Week

Smartair Raises $6 Million for Dynamic Packaging Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups announced more than $46 million in funding. Of note, two of the companies, Smartair and Tastemakers, are making bets on Africa's online travel growth. Meanwhile, online travel company Hostelworld has invested in Tipi, a software provider for hostel managers.

2 months ago

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Best Western’s Newest Acquisition Points to Long-Term Reservations Strategy

Danni Santana, Skift

Property management systems are not the most exciting topic to discuss when assessing a hotel's tech prowess, but they are core to any company's ability to sell as many rooms as possible.

2 months ago