Author: Shivangi Chowmal
Travala, the leading travel booking service for cryptocurrency users
Travala rewards its users with AVA tokens for their bookings, which can be used for future bookings or exchanged for other cryptocurrencies. This August, Travala introduced Travel Credits as a new rewardTravala is a renowned crypto-native travel booking platform, making
THN Strengthens DACH Market Presence With LiveRate Acquisition
The Hotels Network (THN), a Hospitality Tech platform, has made its first acquisition by acquiring LiveRate, a platform that enhances guest engagement and drives direct bookings for hotels.
Mews, the Prague-Based Cloud Hospitality Software Company, obtains a valuation of USD 1.2 Billion
Mews, a leading European cloud-based Hospitality Software Company, co-founded by Richard Valtr and led by CEO Matthijs Welle, has achieved a $1.2 billion valuation. This milestone comes after securing $110 million in funding, with Kinnevik as the lead investor, along
RateGain's $72 Million Capital Raise: A Strategic Leap towards Global Dominance
In a resounding testament to its prominence in the travel technology sector, RateGain, a leading revenue maximization platform, recently announced a triumphant capital raise, securing an impressive $72 million. This strategic move, facilitated through a qualified institutional placement with participation
Apartool raises EUR 5.5 million in funding to fuel international expansion
Apartool, a B2B long-stay corporate housing provider, has recently announced the successful closure of a EUR 5.5 million funding round. The investment, led by ROCH Ventures and Barlon Capital, with the participation of Finaves, Telegraph Hill Capital, and Iberis Capital,
General Atlantic strong to acquire a minority stake in Travel Boutique Online
Leading global growth equity investor, General Atlantic has agreed to acquire a minority stake in TBO Tek Ltd (TBO) from entities held by Affirma Capital.
Lanes & Planes: Transforming Corporate Travel Dynamics with USD 33.2 Million Series B Investment
In a groundbreaking move, Munich's Lanes & Planes has successfully secured a substantial USD 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
TravelLocal raises USD 10.3 million in Series B funding to fuel global expansion
TravelLocal, a renowned online travel agency specializing in tailor-made trips across 93 countries, has successfully secured USD 10.3 million in Series B funding. This round is spearheaded by Puma Private Equity, a new investor in the company, and features participation
Secret Escapes bolsters growth with GBP 31 million investment infusion
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
Mews Strengthens North American Foothold with Hotello Acquisition
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.