Articles tagged “travelperk”

Small deals are leading M&A activity in travel tech. But one area where larger deals are emerging is in travel payments.

In today’s briefing, we discuss the airport lounge arms race, TravelPerk’s new money, and Thailand’s TV hopes.

TravelPerk's biggest project of the year is expanding into an all-in-one corporate travel and expense management platform. It's what today's customers expect.

Travel startups have raised about $400 million so far this year. By this time in 2024, travel startups had raised more than twice that.

On today's podcast, we discuss a potential surge in hotel investment deals, whether Greenland can cope with tourism growth, and another big investment in business travel technology.

TravelPerk's $200 million deal likely is a preview of what to expect in 2025. There were multiple large raises in 2024 — including hundreds of millions of dollars for business travel platforms — and the signs point to that continuing.

Skift has covered hundreds of travel startup funding rounds over the past few years, and we’ve spoken with numerous founders and investors about the state of venture capital. They all tell a similar story: There’s money to be had, but the bar is much higher now.

TravelPerk has joined a group of business travel companies making acquisitions this year, and industry decision makers say there are more to come.

TravelPerk, the business travel management startup, says corporate trip spending will regain 2019 levels by year-end. But not every company is along for the ride.

They say that startup funding is tight right now, but these big fundraises show that some money is still flowing.