Page 49

Travel Venture Capital News

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.

Online Travel

Priceline launches new venture to invest in startups beyond travel

Priceline will have to compete with other more established strategic arms and venture firms, and may soon realize it will need a more organized effort to get a quality deal flow.

Priceline launches new venture to invest in startups beyond travel

Media and PR

A new startup accelerator that’s looking to change the way we travel

We’re interested to see which startups are born from RunUp Labs and where they’ll find their place in the currently crowded market of travel sites and apps.

A new startup accelerator that’s looking to change the way we travel

Online Travel

Trekea attracts $1.7 million in funding for LiveTrekker app

It's hard to see how LiveTrekker would gain a wide audience when sharing photos and videos is already accomplished without this app.

Trekea attracts $1.7 million in funding for LiveTrekker app

Online Travel

Red Tricycle, a local travel startup focused on parents, gets $1.5 million funding

Local travel+events focused on different niches is a growth opportunity, and Red Tricycle has done a great job growing it organically for a long time, and then raising money now.

Red Tricycle, a local travel startup focused on parents, gets $1.5 million funding

Skift Originals

The delta between what’s growing in travel vs. what’s getting VC funding

On the consumer side, you'd only recognize Kayak & Kimpton as brands, others are either parent holding companies, hotel management companies, tour companies, or B2B services companies.

Media and PR

Foursquare needs to decide how to conquer local before investor interest cools

Foursquare is walking a fine line between user engagement and commercialization, and its fate is dependent on this balancing act.

Foursquare needs to decide how to conquer local before investor interest cools

Online Travel

Finding the next big travel startup isn’t easy — just ask PhoCusWright

A startup doesn't have to be the next Expedia, TripAdvisor or Kayak to become a good business, but finding one sure would be like manna from heaven.

Hotels

Minitime launches a TripAdvisor for family trip planning in North America

Niche booking sites are the only way to enter the crowded market at this point, and while Minitime touts its easy search-and-book functionality, it’ll take a parent willing to learn all aspects of the site to reap any new value.

Minitime launches a TripAdvisor for family trip planning in North America

Online Travel

TripIt parent Concur launches $150 million investment fund for business travel startups

This is among the first such corporate investment fund focused on travel sector, and smartly on business travel solutions. Will help foster the ecosystem beyond the silliness of social/consumer travel startups being funded these days.

TripIt parent Concur launches $150 million investment fund for business travel startups