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Lanes & Planes: Transforming Corporate Travel Dynamics with €33.2 Million Series B Investment

Marko Vulesica 20 November 2023

In a groundbreaking move, Munich's Lanes & Planes has successfully secured a substantial €33.2 million in a Series B funding round, led by U.S.-based investor Smash Capital. This significant investment cements Lanes & Planes' pivotal role in reshaping the European

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TravelLocal raises USD 10.3 million in Series B funding to fuel global expansion

Marko Vulesica 12 November 2023

TravelLocal, a renowned online travel agency specializing in tailor-made trips across 93 countries, has successfully secured 10.3 million USD in Series B funding. This round is spearheaded by Puma Private Equity, a new investor in the company, and features participation

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Secret Escapes bolsters growth with GBP 31 million investment infusion

Olivier Levelt 12 November 2023

In a significant turn of events in July 2023, Secret Escapes, a prominent name in the luxury travel and hospitality industry, reached a major milestone in its journey by securing a substantial investment of approximately GBP 31 million. This influx

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Mews Strengthens North American Foothold with Hotello Acquisition

Marko Vulesica 01 November 2023

In the dynamic world of hospitality technology, Mews, a leading authority in cloud-based property management systems (PMS), has taken a strategic leap that promises to redefine its footprint in North America, with a particularly keen focus on the Canadian market.

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Wego's Strategic Expansion into Business Travel: Acquiring Travelstop

Marko Vulesica 28 October 2023

Wego. A prominent travel app for flight search and booking in the MENA (Middle East and North Africa) region, has made a strategic move into the business travel sector by acquiring Travelstop, a Singapore-based platform specializing in business travel and

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HotelPlanner Adds Lucid Travel to its Family of Brands

Shivangi Chowmal 03 October 2023

Hotelplanner, the leading event and hotel booking platform for group travel, recently acquired Lucid Travel, an innovative US-based travel management platform and booking engine for sports and tournament lodging. The amount of acquisition was not disclosed. With this acquisition, HotelPlanner

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Access group acquires Guestline to expand offerings to hotel sector

Marko Vulesica 03 October 2023

Access Group, a British software company, has recently completed the acquisition of Guestline, a leading hotel software company previously owned by Riverside Group since 2016. This strategic move by Access Group reflects its commitment to expanding its presence in the

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Clarity Business Travel's Acquisition of Agiito and Evolvi

Marko Vulesica 29 September 2023

In a groundbreaking development within the travel industry, Clarity Business Travel, headquartered in Manchester and operating primarily in the United Kingdom, has executed a strategic acquisition of Agiito and Evolvi from Capita plc. Valued at an enterprise value of GBP

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Goodwings secures USD 1.5 million in seed funding to revolutionise sustainable travel management

Ahmed Alasaifer 27 September 2023

In an era where sustainability is paramount, the travel industry is undergoing a transformation. Accommodation providers, online travel agencies (OTAs), and software providers are keenly aware of the shifting landscape. Amidst this change, Goodwings, a Danish operator of a travel

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Tripmakery - the Austrian search and booking platform specifically for group travel raised USD 1.1 million

Shivangi Chowmal 26 September 2023

Tripmakery, an Austrian-based search and booking platform that helps book group travel accommodations, successfully raised USD 1.1 million in later-stage venture capital funding. The funding was led by venture capital firms Gateway Ventures, ZAKA VC, KFLT Angels, and SeedBlink, alongside

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