Articles tagged “funding”

This week, seven travel startups collectively announced raising more than $78 million in funding. as venture investors such as Thayer, Fuse, Wind Ventures, and Euroventures bet on the sector's long-term growth.

This week, travel startups announced more than $690 million in debt and equity investment, including capital support for vacation rental players AvantStay, Evolve, and Plum Guide.

Nothing underscores how mainstream vacation rentals have become as seeing institutional investors get in on the action.

Hertz is now in a pole position among rental car brands in the race to adopt electric vehicles. Separately, it's notable that private equity firm Certares has begun placing venture equity bets in early-stage companies.

This week, seven travel startups collectively announced more than $75 million in funding. Names included Numa, which runs hotels and makes software for hotels, and Locomote, an Australian travel management company.

If the pandemic fades in being disruptive, expect the experiences sector to draw a lot of investor interest.

Hopper has been making a go of things with varied degrees of success for 15 years and the company is now finding its stride. Being a private company has its allures, but you can bet that Hopper executives would jump at the right deal. Who wouldn't?

Travel startups that recently raised money include Monos, a Canadian luggage maker, and Anyplace, a brand that offers furnished housing designed for remote workers and that's backed by investor Jason Calacanis.

The pandemic has been both a blessing and a curse for destination marketing with restricted budgets, a broadened scope of work, and a breather to rethink and restructure. This year will be pivotal for laying the groundwork to evolve nimbly in line with travel trends and to enhance organizational efficiencies.

The startup Dharma has a fresh concept for you: "travel brand as a service." It's a white-label tour operator that runs on software automation and focuses on niche customer segments.