Triporate is creating a technology that will allow the company to be the most efficient business travel agency in the world. Their current tool can manage trips 10x faster and more efficiently than traditional travel agencies. Their operations team can handle trips remotely. In parallel, their Artificial Intelligence continued learning how to manage more and more [...]
Sometimes it is the travel policy increasing the cost, sometimes hotels and sometimes flights. So when do you start optimizing your meetings and events planning according to cost, time, carbon footprint or other factors? Troop Travel has built a unique platform which aggregates thousands of data points around cost, time, carbon footprint and more to help the [...]
Top Seeds Lab y la Sociedad de Capital Riesgo Travel Tech 1, en su compromiso por crear un ecosistema de innovación en Travel Tech, en el que se relacionen fluidamente las principales compañías turísticas y digitales, los inversores y los emprendedores, organiza cada año un evento diferente y exclusivo, el Travel Innovation Summit. El próximo [...]
Through the acquisition, PROS will expand its services for airlines across all retail channels by adding Travelaer’s internet booking engine and NDC platform to the PROS portfolio. France-based Travelaer launched in 2013 with a focus to on “improving the customer experience across all phases of travel, read more
The round was led by A/O PropTech with existing investors DTCP, JAL Ventures and Forestay Capital also participating. A/O and Fornova have also formed a design partnership which will see Fornova’s Hotels BI platform put into A/O’s portfolio of 150 hotels. The idea is to gain insight on how the business intelligence technology is used by [...]
In yet another move to show its commitment to the vacation rentals business, OYO acquired data science business Danamica for an estimated $10 million. The Denmark-based company specializes in dynamic pricing of rental properties. As mentioned in Travel Tech Essentialist #8, Oyo wants to build the largest vacation rental business in Europe, and is planning [...]
Airbnb led Atlas Obscura's recently announced Series B round, which netted the media and events company $20 million in fresh financing. The deal is one of several good-sized rounds that counted Airbnb as a lead investor or participant. read more
As Booking.com’s Chief Executive Officer, Glenn D. Fogel is responsible for the global strategy and operations of Booking.com, including the management of all business units within the organisation. Glenn also serves as the President and Chief Executive Officer of Booking Holdings, the parent company of Booking.com and other digital brands, a position he has held [...]
The web was designed to be a document-sharing system. As a result, much of the data it contains is text-based, and has limited provisions for machine-readable, structured data that can be easily organized for humans at scale. The notable exception is extensible markup language (XML), which is primarily used by developers for business purposes. The [...]
Hospitality data intelligence provider OTA Insight has secured a major funding round - $20 million - in a bid to grow the company faster on a global basis. The round was led by Eight Roads Ventures and saw participation from F-Prime Capital Partners and some of its previous, unnamed backers. The U.K.-based company was created [...]