Startups

Hospitality Tech Funding Is on a Downward Trend So Far in 2016

It's theoretically a great time to be investing in and creating hospitality tech startups with more hotels wanting to drive direct bookings and online travel agencies interested in getting their piece of the pie. But several factors, such as uncertainty with stock markets around the world, are making investors more cautious about if, and how much, they invest in these companies.

Travel-Tech Startup Funding Takes a Dive in First Half of 2016

The funding balance of power is changing as 67 percent of venture capital deals for travel tech startups took place outside the U.S. in the first half of 2016, although that was 3 percentage points lower than the year-earlier period. Funding for mobile-travel startups jumped 500 percent.