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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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Inspirato secures USD 25 million investment from Capital One Ventures

Shivangi Chowmal 09 September 2023

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.

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HalalBooking Secures $2.5 Million in Ongoing Series B Round

Marko Vulesica 03 September 2023

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.

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Respax's Acquisition of Livn: Shaping the Future of In-Destination Experiences

Marko Vulesica 01 September 2023

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

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EaseMyTrip to acquire a majority stake in 3 Indian travel companies

Shivangi Chowmal 26 August 2023

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.

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