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Travelport brings in ex-Sabre exec Greg Webb to replace CEO Gordon Wilson
Webb joins Travelport following a $4.4 billion deal that took it off the New York Stock Exchange and back to private equity under the auspices of Siris Capital Group and Evergreen Capital.
Emerging Travel Group raises $10M to expand RateHawk B2B hotel platform
The funding will go towards accelerating the group’s expansion, with particular focus on its RateHawk B2B brand.
Airbnb says its estimated direct economic impact tops $100B
The countries that saw the most direct economic impact in 2018 include: the United States ($33.8 billion), France ($10.8 billion), and Spain ($6.9 billion).
Taxi2Airport hails €2.2M in funding, plots B2B partnership growth
Taxi2Airport plans to use the funding to accelerate its growth by boosting b2b partnerships with travel platforms and looking for opportunities in Asia.
Travel payment startup ConnexPay raises $7M Series A round
ConnexPay says its technology reduces risk and eliminates the need for online travel agencies, tour operators and consolidators to pre-fund payments or obtain lines of credit.
TripActions raises again, $250M round going to aggressive growth plan
TripActions’s valuation is now put at $4 billion and total funding to date is more than $480 million.
Grab helps with $8M investment in Splyt to expand partnership globally
Splyt says it has now raised more than $14 million.
Airbnb rebrands top tier to Airbnb Luxe, adds dedicated concierge services
Airbnb Luxe will begin adding luxury inventory in major metropolitan cities, starting with the addition of at least 12 cities this year.
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Airlines have given up on 2020. Now next year is looking bleak too.
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