Hostmaker, a business that helps Airbnb hosts manage their rentals, has raised Series A funding of $6.5 million. The round was led by Ventech as well as an existing investor, DN Capital. The latest funding brings its total to $9.3 million since 2015 and follows $2 million the company…
Private jet subscription service Surf Air will start operating in Europe this May and will use specialist technology from Zuora to optimise its operations and revenues. The airline has a fleet of private jets which can serve smaller airports and allow its clients to avoid the delays and pressures…
The Priceline Group’s purchase of Momondo for $550 million represents the company’s first acquisition of scale since buying OpenTable for $2.6 billion in 2014. It is also the newly appointed Glenn Fogel’s opening strategic move since becoming CEO in January of this year. NB: This is an analysis by Jamie…
French car-sharing service TravelCar has raised €15 million, with the funding coming from automotive giant PSA Group and insurance firm MAIF. TravelCar launched in 2012 and is active in ten European countries, providing a range of options for travellers to optimise the use of their vehicles. One product line…
The Colorado startup community crowded into an upscale facility in downtown Denver this month, excited to witness four innovative startups make their final product pitches during the culminating Demo Day event. The event marked the conclusion of the most-recent 16-week accelerator program hosted by Travelport Labs. NB: This article…
The old expression ‘loose lips sink ships,’ has taken on new meaning as Sweden learned over the past weekend. The Nordic destination found itself defending against a disinformation attack overnight, when, on Saturday, US President Donald Trump mentioned Sweden in the context of countries which have suffered terrorists attacks….
NIDA Rooms has secured a $5.6 million capital-raise to bolster its growing budget hotel platform. Backing the company in the Series A round are the Shanda Group and other unnamed investors. It brings the total raised so far since the company was formed in September 2015 to $11 million….
Concur, the travel and expense system provider, has launched its App Centre in the UK. The App Centre was originally launched in the US back in 2013 as a means to open up the SAP-owned company’s “ecosystem” to third parties and hopefully, provide a better experience to travellers through…
In travel, marketing and revenue management teams are under tremendous pressure to grow revenues while maintaining low costs. In order to leapfrog the learning curve of the online retail space, many travel operators are adopting digital consumer marketing best practices from companies such as Amazon that engage each customer…
CarTrawler‘s latest ancillary revenue collaboration with IdeaWorks focuses on mobile and shows that airlines are coping better with selling seat selection than checked-in baggage. The report looks at how 25 airlines perform, with IdeaWorks opting for Android over iOS because, globally, Android is used on nearly nine in ten…