→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. Here is our weekly curation of the top news on travel innovation, trends and startups: No funding, no problem. UK-based Pluto has had a pretty out-of-this-world story. After two big crowdfunding campaigns, raising over £1.3 million and a strong community following along […]
Tag: Acquisition
A Fresh Look for Airline Shopping
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. Here is our weekly curation of the top news on travel innovation, trends and startups: Taxis taking the skies. United has just made another investment into a possible future mode of mobility – airborne taxis. The American firm just put $15 […]
TravelTech Startups: Latest News Investments
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. This week we head directly to our curation of the top news on travel innovation, trends and startups: Aero’s premium airline secures $50 million. It seems that luxury air travel is picking up pace. Not only have we seen airlines […]
Carbon-positive hotel: ready for checking in? 🌃
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. There has been some interesting movement in startup funding this week in the travel industry, so let’s jump straight into your roundup of news on innovation, trends and travel startups. Ready? You saw this term everywhere in the past […]
Can Coachella influence the travel industry? 🎶
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. Ready to close the week with a wrap up of the top industry news on innovation, trends and startups? Here we go: A dedicated (and simple!) all-in-one system to manage operations and processes for the hospitality businesses, including independent […]
⚡ Report: Creating places for the new era
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. From cities to parks, brands can turn any place into an attractive destination. For places that want to attract tourists, investors, and increase the sense of belonging, quality of life and pride of the local population, having a strong […]
Will blockchain disrupt the travel industry? ⚡
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. To be honest, this has been a tough week to keep an eye on the news, without feeling too overwhelmed with Russia’s invasion in Ukraine. Still, I did my best to curate the most interesting news in the travel […]
Vail Now Resorts dominates Australian skiing with latest buy
Vail Resorts now owns three out of the five major Australian ski fields following its acquisition of Mount Hotham and Falls Creek for $174 million from Merlin Entertainments last week. Both resorts are located in Victoria about a five hour drive from Melbourne. Vail has owned Perisher, Australia’s largest and most popular resort, since 2015. […]
Back to the future as Flight Centre buys Topdeck
Flight Centre has bought 90% of Topdeck Tours, a company started by FLT founder Graham Turner in 1973. Topdeck Managing Director James Nathan will retain a 10% shareholding in the business. Mr Nathan also runs Back-Roads Touring in which FLT has a 67% stake and will continue to manage both businesses. The deal values UK-based Topdeck Tours at £21.84m. […]
Luxury Escapes Buys Scoopon Travel & BonVoyage from Catch
The Lux Group, which owns online travel business Luxury Escapes, has bought Scoopon Travel and BonVoyage as part of a complicated, multi-faceted transaction with the Catch Group that will create a pure-play online travel business with $300m turnover and enormous buying power while clearing the way for further growth. In what the companies are calling Australia’s largest “home grown” e-commerce […]
Chinese company wins approval for Club Med purchase
French travel icon, Club Med, will be likely Chinese-owned by February 9 after regulators approved the takeover bid by Fosun International, which has offered €24.60 per share for the resort operator, valuing it at around €939 million. Fosun has been in a bidding war with Italian businessman Andrea Bonomi for Club Med since May, 2013, the […]
Virgin Australia disappears from view after Bain Capital acquisition
Update 18.1.21: Virgin eyes ‘former glory after major c-suite appointments Challenging times for Virgin Australia and its new owners, Bain Capital, which paid $3.5 billion for the broke and battling airline several months ago, but has given the carrier no voice or profile during Australia’s peak summer holiday season. All the talk has been left to […]
Not so happy campers as new Youcamp owner Hipcamp levies hefty service fees
Youcamp, which pioneered the concept of camping on private land in Australia, has been sold to US company Hipcamp, which in rapid succession has closed the site, migrated its content to the parent portal, rebranded it Hipcamp Australia and introduced a controversial customer service fee that can exceed 20 percent. Closing the Youcamp website has met […]
150 travel startups 👏
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. I’m very proud to open this edition saying that we closed the application call for our first FutureTravel Pitch Competition with roughly 150 pre-seed & seed travel startup applications received. This is amazing! Personally I’m very thankful for everyone who submitted […]
👉 Smart Tourism, Selfbook and Klarna
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. The application phase for the FutureTravel Pitch Competition closes this week and to be honest I’m looking forward to review all applications next week! If you know someone who should apply, you are still on time to forward this e-mail. Continue reading for […]
Sembo, Hopper, FlixMobility 🚌
→ Subscribe to our newsletter for a weekly curation of the top travel news, straight to your inbox. Before we head off for the weekend, let’s dive into this week’s overview of the top news on travel innovation, trends and startups. Here we go: FlixMobility has acquired US-based Greyhound, the largest provider of long-distance bus transportation in the US. […]