Articles tagged “funding”

China's travel startup scene is less well covered in Western media due to the language barrier, but is nonetheless just as vibrant as the West's.

Flipping property management companies may become the new house flipping — if larger startups like Hostmaker start acquiring smaller ones, as we expect they will.

Divvy launched in April, and it may already be valued at $150 million. One possible lesson for other startups is that customers may be eager for simple, one-stop interfaces because they're facing "dashboard fatigue" from having to check too many other online systems.

If he were around today, Gordon Gekko of the movie Wall Street would probably say, "Cheap money is good." A combination of factors has made it relatively more easy to obtain funding for startups in many countries.

Investors have bet big on luxury experiences, with investments in Headout, which offers last-minute activities; Key Concierge, which does something similar for luxury rental properties; My Daydream, which offers customized upscale tours; and Seatfrog, which offers last-minute upgrades.

Journera aims to act like a magnet attracting relevant information across company databases about a traveler’s complete trip. It would help, say, a hotel learn when a high-status customer’s flight has been delayed. While the idea is great in theory, it may prove elusive in practice.

There's a great "unicorn Toast" joke in here somewhere, but mostly this investment in a relatively young restaurant technology company underscores the value that both investors and restaurants are placing on connected, modern, and agile software to run competitive and profitable businesses.

The past week has seen remarkable fundings of a cross-border payments company, Airwallex, a luggage maker, Away, and a social travel recommendation service, Fever. Of all of these, "fever" has the name that best captures the frothy valuations.

TourRadar stands apart from other online sellers of activities with its rare, leading focus on multiday tours. Meanwhile, Triptease, the hotel direct booking specialist, and Chowbotics, a maker of food service robots, also announced funding.

If you think you've been getting a lot of push notifications from travel companies, you ain't seen nothing yet. Companies like Urban Airship are aiming to make the most of this path for reaching travelers.