Page 48

Travel Venture Capital News

Hotels

French daredevil “Spider-Man” climbs facade of aged Havana hotel

French daredevil “Spider-Man” climbs facade of aged Havana hotel

Hotels

Pet-sitting startup Rover raises $7 million and launches video service

There are several sites taking pet sitting into the sharing economy, but Rover is quickly become the mark which others compare themselves to as it receives its second round of funding.

Pet-sitting startup Rover raises $7 million and launches video service

Online Travel

Airbnb, the coolest lingo for startup descriptions on AngelList

Sharing economy is the new new thing and companies large and small that unlock the value of underutilized assets using digital platforms will help redefine large swathes of industries across the spectrum.

Airbnb, the coolest lingo for startup descriptions on AngelList

Hotels

Hotel discovery site Room 77 searches for a CEO after raising $43 million in funding

The role of quality management in a company's success tends to get downplayed, but Room 77 is looking for a rock star to lead it toward the next stage in its development.

Hotel discovery site Room 77 searches for a CEO after raising $43 million in funding

Hotels

Casahop shutting down as home exchange site fails to gain traction

Given the huge concerns inherent in home exchanges, CasaHop may have been doomed from the beginning.

Casahop shutting down as home exchange site fails to gain traction

Airlines

American Airlines, in bankruptcy, launches investment fund for startups and incubators

"We're trying to create a conversation with our next best customer." That's AA's rationale, which if done well, could be a smart move long term.

American Airlines, in bankruptcy, launches investment fund for startups and incubators

Online Travel

City parking app Streetline raises $25 million to expand, deepen offering

Streetline's reliance on sensors means it has lots of old-school, cable-like work to do before it can begin delivering on its rather promising promise.

Hotels

Two Airbnb-clone rental sites in China each get $10 million in funding

Short-term rentals are disruptive to the lodging industry and truly global in scope, as this funding news punctuates.

Two Airbnb-clone rental sites in China each get $10 million in funding

Online Travel

Tour booking site GetYourGuide raises $14 million

Oh my! Will online tour booking become the next big thing, or will it boom and bust like social travel?

Hotels

Expedia and Concur team up for $30 million funding round for Room 77

Once derided by many in the travel industry, travel metasearch has come of age and is viewed by Expedia, Priceline and others as a necessary weapon in an assault on global growth. Expedia is hedging its bets and playing the field with Trivago and Room 77.