Articles tagged “startups”

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Low-Cost Airline Startup Sees Promise in Smaller Airports

Low-Cost Airline Startup Sees Promise in Smaller Airports

Jay Shabat, Skift

Allegiant co-founder Andrew Levy is starting a new ultra-low-cost airline and plans to start operations from lower-cost secondary airports. But is there room for another new low-cost airline in the U.S., and will passengers opt to fly from smaller airports?

1 month ago

V Resorts Raises $10 Million for Branded Resorts: Travel Startup Funding This Week

V Resorts Raises $10 Million for Branded Resorts: Travel Startup Funding This Week

Sean O'Neill, Skift

Aditi Balbir, founder and CEO of V Resorts, has impressed investors with her take on asset-light hospitality management in India, like an Oyo for resorts. In a distinctive touch, the company uses and markets goods and furnishings made by local crafts workers.

1 month ago

GetYourGuide Defies Conventional Wisdom on Tour Booking So Far

GetYourGuide Defies Conventional Wisdom on Tour Booking So Far

Sean O'Neill, Skift

GetYourGuide may close an approximately $300 million funding round this year with possible participation by new investors like SoftBank and Temasek. If true, investors would be betting that the attractions booking agency can continue to defy several assumptions about young travel companies.

2 months ago

Fyle Raises $4 Million for Expense Management: Travel Startup Funding This Week

Fyle Raises $4 Million for Expense Management: Travel Startup Funding This Week

Sean O'Neill, Skift

It's eye-catching that Fyle, a Bengaluru-based expense management software company, has received funding from Tiger Global, a venture firm that was an early backer of Flipkart, Spotify, LinkedIn, and Despegar.

2 months ago

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Max Levchin’s Affirm Raises $300 Million for Payments Tech

Sean O'Neill, Skift

With this investment, PayPal co-founder Max Levchin has raised $800 million to grow Affirm, which lets consumers pre-qualify for loans to buy flights, hotels, rental cars, seat upgrades, and non-travel products. Who said payments aren't sexy?

2 months ago

Lola Raises $37 Million to Manage Business Trips: Travel Startup Funding This Week

Lola Raises $37 Million to Manage Business Trips: Travel Startup Funding This Week

Sean O'Neill, Skift

This week corporate travel tech startup Lola, attractions software builder Bookingkit, and hospitality job marketplace Jitjatjo collectively raised more than $53 million in funding.

2 months ago

Guesty Raises $35 Million to Manage Rentals: Travel Startup Funding This Week

Guesty Raises $35 Million to Manage Rentals: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups Guesty, The Plum Guide, Zeus, Zuzu, Welcome Pickups, Vntrip, and Hostfully revealed more than $76 million in funding collectively.

2 months ago

A Closer Look at Sonder’s Tech-Focused Bet on Next-Gen Rentals

A Closer Look at Sonder’s Tech-Focused Bet on Next-Gen Rentals

Sean O'Neill, Skift

Hotel-style accommodations brand Sonder has hit on a plausible business that uses technology to wring out inefficiencies from key processes. But several questions still hover around its model, as investment money gushes into the segment.

2 months ago

BookingPal Raises $12 Million for Rental Software: Travel Startup Funding This Week

BookingPal Raises $12 Million for Rental Software: Travel Startup Funding This Week

Sean O'Neill, Skift

This week travel startups BookingPal, Instawork, Withlocals, Ayenda Rooms, and Questo together announced more than $30 million in funding. Of note, famous venture investor Bill Gurley took a stake in Instawork's hiring marketplace, and mammoth investor Softbank is betting on Ayenda Rooms as Colombia's version of budget hotel franchisor Oyo.

3 months ago

What Next-Gen Alternative Accommodations Will Look Like: New Skift Research

What Next-Gen Alternative Accommodations Will Look Like: New Skift Research

Seth Borko, Skift Research

Analyzing startups and venture capital trends helps us glimpse the future of travel.

3 months ago

AirAsia Targets Startups With New Venture Capital Fund

AirAsia Targets Startups With New Venture Capital Fund

Sean O'Neill, Skift

As an airline, AirAsia has led its peers in many metrics, especially on cost control. But its new effort to nurture startups has the odds against it. Will this effort bring strategic gains for the company? We’ll know in a few years.

3 months ago

Standard Hotels Spins Off One Night Booking App: Travel Startup Funding This Week

Standard Hotels Spins Off One Night Booking App: Travel Startup Funding This Week

Sean O'Neill, Skift

It's not clear there's enough market demand for a mobile app that books only independent and boutique properties. But some hoteliers might welcome the new app One Night if it can bring down its distribution costs, even marginally.

3 months ago