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
Category: Blog
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.