Categories
Coronavirus and Hospitality ctrip Digital edreams Odigeo edreams odigeo group etraveli google hrs Invia Kiwi.com m&a mergers and acquisitions online travel agencies Otravo private equity Startups travel travel startups Travelgenio Travix trip.com group Venture Capital

Trip.com Group’s Acquisition of Travix Hints at Appeal of Smaller Travel Agencies

A view of Schiphol International Airport in Amsterdam, Netherlands in August 2018. Amsterdam-based Travix has been acquired by online travel giant Trip.com Group at a time when many smaller online travel agencies across Europe are looking for mergers and acquisitions. Piroschka van de Wouw / Reuters Skift Take: Smaller online travel agencies try to make […]

Categories
Digital Startups thayer thayer ventures travel travel startups Venture Capital

Thayer Ventures Closes $80 Million Fund to Back Travel Startups

Chris Hemmeter, managing director of Thayer Ventures, talked at Skift Tech Forum in June 2018. Skift Skift Take: Expect investments in travel startups to hit their lowest levels in total amounts since the global financial crisis a decade ago. But when less capital is chasing deals, persistent venture capital firms may have a better shot […]

Categories
coronavirus Digital Startups travel travel startups Venture Capital

Travel Startups Still Managed to Raise $1.4 Billion During One Turbulent Quarter

Traveloka’s head office in Jakarta. Source: Traveloka. Traveloka Skift Take: Warren Buffett, the billionaire investor, once said that it’s “only when the tide goes out that you learn who’s been swimming naked.” Some of the 57 travel startups worldwide that raised funding in the first months of the year may be about to reveal all. […]

Categories
skift research Startups travel travel startups Venture Capital

Should Venture Capital Be Betting on Travel Now? New Skift Research

Empty hotels, like the one pictured here, are the challenge for venture capital investors deciding whether to keep investing in the travel sector. Wendy Li / Adobe Skift Take: Travel is a long-term megatrend because all across the globe people appreciate the value that it brings to their lives. This holds true across a vast […]

Categories
Coronavirus and Airlines Digital MisterFly online travel agencies Startups travel travel agencies travel startups

Travel Agency MisterFly Slams Airlines for Delayed or Denied Refunds

Nicolas Brumelot, co-founder and president of Misterfly, poses at the Paris headquarters of his online travel agency. Source misterfly MisterFly Skift Take: Everyone in the travel industry is frustrated right now with much of the world frozen up. But Nicolas Brumelot, the co-founder and president of travel startup Misterfly, speaks for many agencies frustrated by […]

Categories
funding skift research Startups travel travel startups vc in travel Venture Capital

From Crisis Will Come Eventual Opportunity for Venture Capital in Travel: New Skift Research

Skift Take: We are headed into a winter for travel startups. But travel won’t be gone forever. And history teaches us that startups are often the first to pinpoint our industry’s new direction as we exit a crisis. — Seth Borko Read the Complete Story On Skift

Categories
coronavirus Digital getyourguide omio Startups travel travel startups travel tech Venture Capital

GetYourGuide, Omio, Other Travel Tech Startups Hunker Down

A January 2020, photo of Johannes Reck, Managing Director and co-founder of GetYourGuide, sits in front of the company logo after a panel discussion on the occasion of the visit of Federal Minister of Economics Altmaier to GetYourGuide’s office in Berlin. GetYourGuide is an online travel agency. Christoph Soeder / Bloomberg Skift Take: GetYourGuide top […]

Categories
culture trip Digital Media online travel agencies start-ups Startups travel travel startups

Culture Trip Struggles to Justify Massive Investment

Kris Naudts, founder and CEO of Culture Trip. The company has taken more than $100 million in investment. Culture Trip Skift Take: We get it, startups often have to accept substantial losses in order to quickly expand a particular business. But given the size of Culture Trip’s revenue and the market in which it operates, […]

Categories
airasia corporate venture capital Digital Startups travel travel startups Venture Capital

AirAsia Targets Startups With New Venture Capital Fund

AirAsia aircraft stand next to boarding gates at Kuala Lumpur International Airport 2 in Sepang, Malaysia. The top Asian budget carrier said Monday it has launched a venture capital fund in partnership with 500 Startups, a San Francisco-based accelerator and investor. Charles Pertwee / Bloomberg Skift Take: As an airline, AirAsia has led its peers […]