Think about it for a moment – over $600 million in capital has been raised in seven years by companies in the tours and activities sector. It is also seven years since Phocuswright published its debut report into the sector: When They Get There and Why They Go. Yet…
Jumia Travel, one of Africa’s leading online hotel booking sites, is now selling domestic, intra-regional and international flights via partnerships with suppliers including Amadeus. Paul Midy, CEO of Jumia Travel, said: “ is also part of our broader program to create a one stop travel shop providing accommodation,…
A lot of water has passed under the Golden Gate bridge since the travel industry began to discuss the mobile wallet war. While alternative travel payments have progressed, the variety of services are still very diverse and sometimes confusing, with mixed consumer take-up. But airlines, and other travel services…
Flight Centre Travel Group‘s half-year results highlight a number of its recent investments, including a move into China and a stake in an artificial intelligence tool for unmanaged travel. However, a strong operational performance in the six months to end-Dec16 in most markets has been impacted in financial terms…
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….