Luxury days are here to stay. After bringing its number of users to more than double this year, ResortPass now raised $26 million in funding to expand to more global destinations in the upcoming year. According to one of the investors, the online booking platform is “pioneering a whole new segment of the $1.5 trillion global lodging industry”. […]
Tag: Hospitality
How travel should be: safe, fast and flexible
Nature all around you? Launched in 2021, Raus provides users with a platform for nature-based stays. The German startup announced a new category focused on families, groups, and companies. In addition to this news, the company has received an additional €3 million in funding—all of which will be used for growth initiatives. The platform is often fully booked, […]
What’s new in travel: Funding, Acquisitions & Partnerships
Travel app Hopper flying high with fresh $96 million raise. It seems the travel bug is still around, and as people are still itching to get away, investments in the companies making it happen are still taking off. Now, travel app Hopper, which has been showing the benefits of agility and timely-executed pivots since its 2007 launch, […]
Talent crisis and flights canceled. Chaos in travel?
Sit back and *don’t* enjoy the flight. Call it the surprise of the century, but after getting everyone’s attention earlier this year, with promises of a new ultra low cost transatlantic route, Norse Atlantic has just started cancelling its winter flights. Norse launched in the summer, largely replicating Norwegian’s business model. But now, they’ve had a hard lesson […]
Smart Destinations, Creators and Hotel-verse
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 the way, the team found new investment drying up. So, they looked for another way to keep their travel app that helps users organise and coordinate travel plans and insurance alive […]
A Fresh Look for Airline Shopping
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 million into EVE Air Mobility alongside a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options. It comes just one month after a $10 million deposit for Archer Aviation’s similarly sized air taxi. […]
More Inclusive Cities
Branson bets on diversity, sustainability and customer-centricity. From boats to plans to spaceships, Sir Richard Branson is quite the travel guru. He pioneered taking a customer-centric approach to air travel and created a brand that other providers have since tried to emulate. He entered the cruise sector, and through promoting diversity, has democratised access to the luxury yacht […]
TravelTech Startups: Latest News Investments
Aero’s premium airline secures $50 million. It seems that luxury air travel is picking up pace. Not only have we seen airlines stepping up the levels of luxury available, enhanced sitting and sleeping provisions, but also the rise of premium air travel. Aero Technologies, a premium private jet operator has raised $50 million in Series B […]
Space Travel, Predictions and Profits
The travel space race is firmly on. We all know about billionaire plans from Jeff Bezos, Elon Musk and Richard Branson to launch a new era of galactic tourism, but now there is another player on the market. And they want to make space tourism more available to more travellers. Space Perspective is on the brink of transporting […]
Travel Luxury, Subscriptions & Innovation
In case you missed the amazing group of people we got together to join the jury of this year’s FutureTravel Pitch Competition, here they are! We’ll be joined by: Christoph Schuh, Michele Luperini, Meryem Aydin and Isabelle Gallo. They are expert investors with extensive experience and expertise in the travel & hospitality sector – let’s say […]