Startups

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Startup Volantio Closes $6 Million Funding Round With Help From Alaska Airlines and JetBlue

Volantio, an optimization startup that has many airline customers, said on Thursday it had closed a $6 million Series A fundraising. DiamondStream Partners, an aviation and aerospace venture capital firm, led the round in the Atlanta-based company. Alaska Airlines, one of Volantio's customers, also took an equity stake. JetBlue Technology Ventures, IAG, Amadeus Ventures, and…

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Guesty Buys Two Hospitality Software Companies as Acquisition Spree Continues

Guesty, a startup that simplifies the operation and marketing of short-term rental and vacation rentals, said on Wednesday it had acquired two companies — Kigo and HiRUM — to expand the brand's position in Southern Europe and Australia. Guesty, based in the U.S. and Israel, didn’t disclose the transaction details. Kigo and HiRUM have "thousands of customers"…

Startups

Steve Case’s Road Trips Across America Reveal the Promise of Startups for Cities

AOL co-founder Steve Case never lost his passion for startups. His new book reminds us that innovation can thrive anywhere in America outside of New York and Silicon Valley and help reimagine U.S. cities big and small. Take note, travel industry.

Steve Case’s Road Trips Across America Reveal the Promise of Startups for Cities

Startups

Airline Software Startup Flyr Buys Pace Revenue to Expand Into Serving Hotels

It's unexpected that Flyr would go after the hospitality business, given that it still has a lot of airlines yet to win over to its revenue management services. But this acquisition is a sign of how all verticals in travel will be impacted by techniques for running operations based on data science.

Airline Software Startup Flyr Buys Pace Revenue to Expand Into Serving Hotels

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Guesty Buys YieldPlanet as Startups Serving Short-Term Rentals and Hotels  Consolidate

Guesty has acquired Yield Planet, a hotel-focused revenue and distribution management platform. The companies didn't disclose the deal terms. Guesty's software helps property managers operate and market their short-term rentals for travelers. In August, the U.S. and Israel-based firm said it had closed a $170 million Series E funding round. YieldPlanet, based in Bellevue, Washington,…

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Kenya’s HotelOnline, Backed by Yanolja, Buys Hotel Software Brand HotelPlus

HotelOnline, which is based in Kenya and has more than 6,000 hotel clients for its software, has acquired HotelPlus, a provider of hotel software to 2,200 clients in East Africa, the companies said on Monday. The companies didn't disclose the terms of the deal, other than to say that the transaction was mainly done in…

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Travel Site Map Happy Becomes a Penske Media Brand

Map Happy, a news-you-can-use, consumer travel site run by co-founder and CEO Erica Ho, has joined Penske Media as part of its SHE Media network of voicey content brands, such as SheKnows, BlogHer, STYLECASTER, and Soaps. The companies didn't disclose the terms of the deal but Ho said it would "bring more firepower." Map Happy…

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Guesty Raises $170 Million for Short-Term Rental Management Software

Guesty, which makes software for managing short-term rentals and other travel lodging, said on Tuesday it had raised $170 million in a Series E round of funding. Apax Digital Funds, MSD Partners, and Sixth Street Growth led the round, while existing investors Viola Growth and Flashpoint also took part. Guesty said it was on track…

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:…

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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…