Author: Marko Vulesica
Clarity Business Travel's Acquisition of Agiito and Evolvi
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
Goodwings secures USD 1.5 million in seed funding to revolutionise sustainable travel management
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
Tripmakery - the Austrian search and booking platform specifically for group travel raised USD 1.1 million
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
Inspirato secures USD 25 million investment from Capital One Ventures
US-based innovative luxury travel subscription brand- Inspirato (NASDAQ: ISPO), secured a USD 25 million convertible note investment from Capital One Ventures, the venture arm of Capital One Bank. The news was officially announced by Inspirato on Aug 8, 2023.
HalalBooking Secures $2.5 Million in Ongoing Series B Round
In July 2023, HalalBooking, a leading international search and booking platform for halal-friendly hotel and villa accommodations, secured an additional $2.5 million in angel investment, marking a significant step in its Series B funding round.
Respax's Acquisition of Livn: Shaping the Future of In-Destination Experiences
In the ever-evolving landscape of in-destination experiences, Australian-owned tour and activity booking system provider ResPax has recently made headlines by acquiring Livn, a B2B connectivity provider based in Australia. This strategic move, aimed at enhancing distribution capabilities, signifies a noteworthy
EaseMyTrip to acquire a majority stake in 3 Indian travel companies
Online Travel Platform EaseMyTrip to acquire a majority stake of 51% in three Indian Travel companies, namely- Guideline Travels Holidays India, TripShope Travel Technologies and Dook Travels; to expand its operations in Indian as well as Global marketplaces.
Yanolja's calculated move: Acquiring Innsoft Inc. to strengthen North American hospitality services
In a calculated move within the global hospitality industry, South Korean entity Yanolja has finalized the acquisition of Oregon-based Innsoft Inc., signaling a deliberate effort to expand its presence and services in North America. The transaction, valued at $8.3 million,
Blueground acquires Nestpick, to facilitate the launch of its partner network
Blueground, a New-York based global proptech company, acquires monthly furnished housing platform Nestpick, to establish it’s partner network.
Douyin, a game changer in travel booking with 1 billion users?
Social media platforms have evolved far beyond mere communication channels to become hubs of entertainment, discovery, and business. One of these emerging platforms is Douyin, closely related to its parent company, ByteDance, and sharing similarities with its international counterpart, TikTok.