Kamil Raises $20 Million for Five-Senses Hotels: Travel Startup Funding This Week
Photo Credit: A guest room at one of the properties run by Kamil+, a hotel group startup headquartered in Wuhan, China. Kamil+
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This week, travel startups announced more than $710 million in funding. Concepts included Oyo's branded hospitality network, a Chinese hotel group that aims to appeal to its guests across all five senses, and a rewards app for low carbon travel.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.This week, travel startups announced more than $710 million in funding.
>>Oyo, the India-based startup running hospitality networks, raised $660 million from global institutional investors to pay off debt and invest in product technology. See Skift's earlier story.
>>Kamil+, a hotel group in China whose brands offer "an immersive aestethic experience," has closed a $20 million (130 million renminbi) seed round of funding in a mix of equity and debt investment from High Star Holding Group and banks.
This mid-to-high-end hotel group, headquartered in Wuhan, aims to impress guests by attending to all five senses. It targets Generation Z urbanites.
Gaoxing Hotel Group is a supporter, using the company as a way to learn how to integrate the digital gene into hotel operations and adopt more modern loyalty, digital marketing, and supply chain systems.
Kamil+ has sub-brands such as Kamilheim Hotel, Anita+Kamil, KamilHeim, and Li
