Articles tagged “startups”

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

You can't make this stuff up. Airbnb's payout to HotelTonight of 3.2 million shares didn't appear very attractive when Airbnb's business almost collapsed in the spring. On paper, though, it's all looking very good right now.

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.

Airbnb represents a wave of travel startups focused on digitizing supply for e-commerce. But next-wave travel startups, including names like freshly funded Mogul Recruiter and Tourlane, create new products and services by using big data and artificial intelligence.

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.

We checked in with about a half dozen airline tech startups. Generally speaking, they're blending realism with optimism.

Oasis is yet another example of how the travel sector has been testing the subscription model this year. But the company's on-again, off-again investment history with Accor, Hyatt, and Vacasa hints at a broader story. Blended hospitality with leisure travelers is difficult to do at scale.

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