Author: Marko Vulesica
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.
African travel tech company HotelOnline, secures an undisclosed investment from South Korean unicorn Yanolja Cloud
South Korean travel tech company Yanolja Cloud, forays into the thriving African market through a strategic investment in HotelOnline.
Yanolja Cloud's groundbreaking acquisition of Go Global Travel: Revolutionizing the global travel and hospitality landscape
In a strategic move that has captured the attention of the global travel and hospitality industry, Yanolja Cloud, a leading provider of AI-based SaaS solutions, has announced the acquisition of Go Global Travel (GGT), a prominent B2B travel technology company.
Madecomfy secures an AUD 10 million investment to expand Its footprint in the Australian short rentals market
Madecomfy, established in 2015 by Sabrina Bethunin and Quirin Schwaighofer, aims to offer exceptional stay experiences for travelers seeking high-quality vacation rentals. Under their guidance, Madecomfy quickly emerged as a prominent player in Australia's vacation rental industry. The founders' unwavering
Singapore’s travel tech startup, Zuzu Hospitality Solutions secures USD 9 million funding
Zuzu Hospitality Solutions, a Singapore based all-in-one hotel operating platform, secured the funding round of USD 9 million. The investment was led by SoftBank Ventures Asia, with contributions from Atinum Partners and existing investors Visor Ventures, Wooshin Venture Investment and …
GetYourGuide has closed a Series F financing and is now valued at USD 2 billion
GetYourGuide, the renowned global platform for discovering and booking travel experiences, has successfully closed a Series F funding round, raising an impressive USD 85 million in equity. Additionally, the company has raised a total of USD 109 million in debt
Group travel booking platform Groups360 has raised USD 35 million in fresh funding.
Group travel booking platform Groups360 has secured a significant investment of USD 35 million to fuel its growth. The funding round was led by Zigg Capital, with participation from Blackstone Innovations Investments and Fir Tree Partners. This infusion of capital
Travelsoft aquires the Spanish company Travel Compositor to accelerate its growth
Since its foundation in 2005, the French company Travelsoft has established itself as the leading travel booking platform, especially in Europe, with its Orchestra software. Aimed at professionals in the sector, this solution allows travel to be booked via all