Startups

This week, travel startups announced more than $15 million in seed rounds of funding. Names included Virdee, MyPlace, The Host Co., and Cruisewatch.

Fractional ownership isn't to be confused with the longstanding concept of timeshare. Still, ready for the sales pitch?

This week, seven travel startups collectively announced raising more than $78 million in funding. as venture investors such as Thayer, Fuse, Wind Ventures, and Euroventures bet on the sector's long-term growth.

Many people wonder why some travel startups attract venture funding while others don't. In this interview, Gaurav Tuli, a partner at Fidelity's F-Prime, clears up some of the mystery.

The startup Heygo is like a "Twitch for travel" in the sense it's surfing the waves of interest in live-streaming by the creator economy. Destination marketers need to tune in.

This week, travel startups announced more than $690 million in debt and equity investment, including capital support for vacation rental players AvantStay, Evolve, and Plum Guide.

In a strong vote of confidence for the recovery of travel, venture capital funding for startups in our industry strongly rebounded in 2021. Travel startups raised $8.6B in 2021, up 73% from 2020 and now nearly fully recovered at 90% of 2019.

Airline distribution's fate may lie somewhere between the skeptical view of Tom Klein, the former CEO of Sabre, and the optimistic view of Alice Ferrari, the CEO of Kyte.

Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.

Financial filings reveal how well deals specialist Secret Escapes was performing before the pandemic struck and how much venture capital backing it received during the crisis to stay afloat. The figures hint at how the company's recovery this year may play out.