Articles tagged “funding”

Travel startups Oyo, Gett, Bolin, Luxtripper, Kambr, Sweep, and Salestrip recently announced fundraisings, showing continued investor interest in the sector.

Business travel has all but stopped, but not the dealmaking, judging from these recent announcements.

Travel startups collectively announced more than $100 million in funding at the turn-of-the-year and during the past week. Htrip, a Chinese hotel tech provider, led the pack.

Hipcamp says that demand for quality outdoor experiences has exceeded supply as a long-term trend, not just a pandemic bump. It also claims to create more supply by wooing landowners to create camping experiences. But skeptics will wonder if a valuation north of $300 million is justified for the company.

This week, travel startups Sonder, ZeroAvia, and TravelNest announced more than $62 million collectively in investments, loans, and grants.

This week, travel startups Selina, Battleface, Tuyuan, and Roomy Hotels announced receiving more than $68 million in investment. Airbnb isn't the only startup having a good week.

Nine travel startups have recently announced more than $43 million in funding, collectively. Concepts include virtual interlining for airlines, management software for travel agents, and booking services for places like Namibia and South Korea.

A half-dozen travel startups have recently announced fundraising for concepts including hotel marketing in China, apartment hotels, business travel management, contactless check-in, referrals to wellness services, and tours-and-activities distribution.

Ten travel startups collectively announced more than $167 million in funding lately. Concepts included the online booking of tour guides, tour packages, Vietnamese domestic travel, Indian hotels, and e-visas.

This week, travel startups raised $125 million in funding for RV rentals, short-term rentals, pod hotels, travel agencies, and flight-free itineraries.