Finance


 alt="Datalex raises €25M, unveils airline retailing technology"  title="Datalex raises €25M, unveils airline retailing technology"
News / Technology
Datalex raises €25M, unveils airline retailing technology
By Linda Fox | September 26, 2024
Datalex recently unveiled its offer and order technology to help airlines boost conversion and drive revenue. The system uses IATA’s offer and order capabilities including NDC and ONE Order.  Read More
 alt="B2B ground transportation marketplace Distribusion raises $80M"  title="B2B ground transportation marketplace Distribusion raises $80M"
News / Technology
B2B ground transportation marketplace Distribusion raises $80M
By Morgan Hines | September 26, 2024
Distribusion connects nearly 2,000 ground transportation providers worldwide across bus, rail and ferry services to more than 150 retailers through a single API. Read More
 alt="Mews brings in $100M in new financing to accelerate growth"  title="Mews brings in $100M in new financing to accelerate growth"
News / Technology
Mews brings in $100M in new financing to accelerate growth
By Mitra Sorrells | September 26, 2024
The Amsterdam-based hospitality technology company said it will use the fresh capital to become more aggressive with mergers and acquisitions to accelerate growth of its business. Read More
 alt="SeatBoost lands funding from International Airlines Group"  title="SeatBoost lands funding from International Airlines Group"
News / Technology
SeatBoost lands funding from International Airlines Group
By Linda Fox | September 25, 2024
SeatBoost enables live auctions on mobile devices at the airport enabling passengers to bid to upgrade their seat and providing airlines with incremental revenue. Read More
 alt="TripAdmit secures $1M in funding to expand internationally"  title="TripAdmit secures $1M in funding to expand internationally"
News / Startups
TripAdmit secures $1M in funding to expand internationally
By Mileva Sapic | September 20, 2024
TripAdmit, which automates tipping and trip review collection for tour operators, plans to expand its footprint across North America and Europe. Read More
 alt="Hotel Engine raises $140M, rebrands to Engine"  title="Hotel Engine raises $140M, rebrands to Engine"
News / Technology
Hotel Engine raises $140M, rebrands to Engine
By Linda Fox | September 19, 2024
The company plans to use the funding to support product development, including the launch of flight and rental car bookings on its platform in October.   Read More
 alt="Point.me secures $15M to expand travel rewards search platform"  title="Point.me secures $15M to expand travel rewards search platform"
News / Startups
Point.me secures $15M to expand travel rewards search platform
By Linda Fox | September 18, 2024
The investment was led by Nyca Partners and Citi Ventures with Samsung Next, RiverPark Ventures, Meta executives, the co-founder of ITA Software (Google Flights), Thayer Ventures and PAR Capital... Read More
 alt="Mayfair invests $35M in BizAway"  title="Mayfair invests $35M in BizAway"
News / Startups
Mayfair invests $35M in BizAway
By Mileva Sapic | September 16, 2024
BizAway plans to implement new AI and data strategies and develop additional products that will help solve the challenges experienced by corporate travelers with Mayfair's $35 million investment. Read More
 alt="Peter Kern exits Expedia Group board after 19 year tenure"  title="Peter Kern exits Expedia Group board after 19 year tenure"
News / Online
Peter Kern exits Expedia Group board after 19 year tenure
By Morgan Hines | September 13, 2024
The decision came as a result of “the speed and success of the Company’s recent management transition,” the SEC filing reads, referencing Kern’s exit as CEO in May when he was replaced by Ariane Gorin. Read More
 alt="Hotel tech start-up Userguest secures $2.2M in seed funding"  title="Hotel tech start-up Userguest secures $2.2M in seed funding"
News / Online
Hotel tech start-up Userguest secures $2.2M in seed funding
By Mileva Sapic | September 13, 2024
Userguest operates in over 30 countries and said it has generated more than $100M in direct revenue for hotels in 2019. Read More
 alt="Booking Holdings' new CFO expects connected trip "is really there" in 3 to 5 years"  title="Booking Holdings' new CFO expects connected trip "is really there" in 3 to 5 years"
News / Online
Booking Holdings' new CFO expects connected trip "is really there" in 3 to 5 years
By Morgan Hines | September 10, 2024
Ewout Steenbergen, chief financial officer at Bookings Holdings since March, called out the company's work in alternative accommodations and artificial intelligence and strong demand in Asia as key... Read More
 alt="Business travel division leads 2X growth for Flight Centre Travel Group"  title="Business travel division leads 2X growth for Flight Centre Travel Group"
News / Online
Business travel division leads 2X growth for Flight Centre Travel Group
By Mitra Sorrells | August 28, 2024
Flight Centre Travel Group CEO Chris Galanty credited the company's AI Centre of Excellence for "revolutionizing" customer service and empowering agents through automation. Read More
 alt="Steve Singh's latest business travel startup lands $6M for AI agent"  title="Steve Singh's latest business travel startup lands $6M for AI agent"
News / Startups
Steve Singh's latest business travel startup lands $6M for AI agent
By Linda Fox | August 22, 2024
Singh will serve as executive chairman of Otto, which is creating an AI-powered travel assistant to plan, book and support business travelers during a trip. Read More
 alt="Besty AI lands $1.5M to drive guest communications platform forward"  title="Besty AI lands $1.5M to drive guest communications platform forward"
News / Startups
Besty AI lands $1.5M to drive guest communications platform forward
By Linda Fox | August 22, 2024
The funds will be used for further growth with plans to enhance platform and double the size of the team in the next few months. Read More
 alt="Blackstone acquires hotel accounting tech specialist M3"  title="Blackstone acquires hotel accounting tech specialist M3"
News / Technology
Blackstone acquires hotel accounting tech specialist M3
By Linda Fox | August 16, 2024
M3, which was founded in 1998, provides a back-office accounting software platform as well as labor management and business intelligence tech to more than 8,000 properties in North America. Read More