Skift Take
Travel startups Oyo, Gett, Bolin, Luxtripper, Kambr, Sweep, and Salestrip recently announced fundraisings, showing continued investor interest in the sector.
This week, travel startups announced more than $45 million in funding.
Skift earlier reported that Gett, a corporate travel ground transportation startup, which added $15 million extension to a $100 million funding round announced in June. For context, see our story "Online Business Travel Platforms See Consolidation, New Funding."
In other news, online travel metasearch brand Trivago bought the startup Weekend, which had disclosed raising about $6.5 million (€5.25 million) in a corporate investment round in 2018 with Travelzoo and Vilauma participating.
Weekend founder and CEO Tobias Boese said his brand, which helps travelers inspirational weekend getaway packages, would continue to grow thanks to ownership support of Trivago, which is also based in Düsseldorf.
>>Oyo, the budget hotel franchiser and vacation rental aggregator based in Gurugram, India, said it has received two investments this month.
Martin Söderström, a Swedish businessman who founded DIG Investment, made an undisclosed investment and joined the board of directors for Oyo's European Vacation Homes unit.
Söderström will assist with exploring mergers and acquisitions, Oyo said.
In a separate move, Hindustan Media Ventures invested about $7.4 million (54 crore rupees) in Oyo in an extension to the startu
