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alt="How travel startups are having success with crowdfunding" title="How travel startups are having success with crowdfunding"
News / Startups
How travel startups are having success with crowdfunding
By Linda Fox | August 23, 2023
Startups Jurny, Your.rentals and Well Traveled used crowdfunding to raise capital and engage their customer communities amid a challenging fundraising environment. Read More
alt="Archer secures $215M investment for eVTOL development" title="Archer secures $215M investment for eVTOL development"
News / Technology
Archer secures $215M investment for eVTOL development
By Derek Catron | August 15, 2023
The company also announced its Midnight aircraft received FAA certification, an important step on its path to commercial operations in 2025. Read More
alt="Cornerstone teams with Traxo on better business travel data" title="Cornerstone teams with Traxo on better business travel data"
News / Technology
Cornerstone teams with Traxo on better business travel data
By Derek Catron | August 11, 2023
Cornerstone Information Systems plans to integrate Traxo’s out-of-channel travel bookings into its data and automation products.   Read More
alt="Could high-end RV parks be the next hot category for lodging?" title="Could high-end RV parks be the next hot category for lodging?"
News / Online
Could high-end RV parks be the next hot category for lodging?
By Derek Catron | August 10, 2023
A Texas developer is investing $700 million – with more money in the pipeline – to create a new brand of amenity-rich RV parks suitable for year-round use. Read More
alt="Outdoorsy offers financial support to encourage “glamping entrepreneurs”" title="Outdoorsy offers financial support to encourage “glamping entrepreneurs”"
News / Online
Outdoorsy offers financial support to encourage “glamping entrepreneurs”
By Mitra Sorrells | August 9, 2023
In the last year Outdoorsy has expanded beyond RVs to acquire two campgrounds and to offer other accommodations such as tents, cabins and tiny homes.  Read More
alt="Inspirato gets $25M injection from Capital One Ventures" title="Inspirato gets $25M injection from Capital One Ventures"
News / Online
Inspirato gets $25M injection from Capital One Ventures
By Linda Fox | August 9, 2023
Luxury travel subscription service Inspirato was launched in 2011 and went public via special purpose acquisition company in early 2022. Read More
alt="Derive Ventures on small checks and strategic partnerships" title="Derive Ventures on small checks and strategic partnerships"
News / Startups
Derive Ventures on small checks and strategic partnerships
By Linda Fox | August 8, 2023
With a fund of about $30 million, San Francisco-based Derive Ventures is looking to invest in travel startups at seed and Series A stage. Read More
alt="18 startups to compete in Global Startup Pitch semifinals" title="18 startups to compete in Global Startup Pitch semifinals"
News / Startups
18 startups to compete in Global Startup Pitch semifinals
By PhocusWire | August 7, 2023
The semifinals of the Global Startup Pitch, organized by WiT and Phocuswright, will be held on August 24 with a total of 18 startups, including three in a new "Wildcard 2" category. Read More
alt="Casai ceases operations, founder shares 4 regrets" title="Casai ceases operations, founder shares 4 regrets"
News / Startups
Casai ceases operations, founder shares 4 regrets
By Mitra Sorrells | August 1, 2023
After raising more than $50 million since its launch in 2019, Latin America-based hospitality startup Casai has closed down, prompting co-founder Nico Barawid to share some candid reflections.   Read More
alt="Corporate travel platform secures €10M for expansion" title="Corporate travel platform secures €10M for expansion"
News / Online
Corporate travel platform secures €10M for expansion
By Derek Catron | July 24, 2023
The investment, led by illimity, allows Italy-based BizAway to finalize new acquisitions and invest in new research and development.   Read More
alt="Lilium avoids delisting with $192M injection" title="Lilium avoids delisting with $192M injection"
News / Startups
Lilium avoids delisting with $192M injection
By Linda Fox | July 18, 2023
EVTOL company Lilium hopes to achieve its first manned flight in the second half of 2024. Read More
alt="Travel investors on trip planning and using B2C as a sandbox" title="Travel investors on trip planning and using B2C as a sandbox"
News / Startups
Travel investors on trip planning and using B2C as a sandbox
By Linda Fox | July 12, 2023
Rod Cuthbert, travel industry veteran best known for founding Viator, joins Bobby Demri, founder and managing director of Roch Ventures, to talk travel investment trends in the PhocusWire Studio at... Read More
alt="Startup for reselling non-refundable tickets raises $3M" title="Startup for reselling non-refundable tickets raises $3M"
News / Startups
Startup for reselling non-refundable tickets raises $3M
By Derek Catron | July 12, 2023
Fairlyne, a PhocusWire Hot 25 Travel Startup for 2023, offers the technology to allow travel companies to add resales to their distribution.   Read More
alt="With acquisition, South Korea’s ONDA can manage all types of properties" title="With acquisition, South Korea’s ONDA can manage all types of properties"
News / Startups
With acquisition, South Korea’s ONDA can manage all types of properties
By Derek Catron | July 10, 2023
The company’s moves included forming a subsidiary, OATech, after acquiring the hotel property management system business unit of Oasis Story, a Korean-based B2B solutions provider.   Read More
alt="HyperGuest raises $23M to enhance hospitality tech platform" title="HyperGuest raises $23M to enhance hospitality tech platform"
News / Startups
HyperGuest raises $23M to enhance hospitality tech platform
By Derek Catron | July 7, 2023
HyperGuest's platform enables hotels and suppliers to directly connect with travel distributors, including online travel agencies, agents groups, tour operators, travel management companies, bedbanks... Read More
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