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Hotel Engine raises $65M at a $1.3B valuation as corporate travel rebounds

TechCrunch

Further evidence that travel is rebounding lies in the number of people staying in hotels, and the money going into startups that serve the industry as well as travelers. Hotel Engine is the latest such startup, having just raised $65 million in a Series B round at a $1.3 Image Credits: CEO and Founder Elia Wallen / Hotel Engine.

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A rewards program for your rent payments? Meet Bilt

TechCrunch

Bilt is a rewards program that lets renters earn each time they make a rent payment. These points, whether earned through spending on the card or by paying rent at Bilt-partnered properties, can be used toward travel with airlines and hotels, as well as other perks like group fitness classes. Getting regulatory approval from the U.S.

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Banyan raises $43M to grow its network of item-level purchase data

TechCrunch

fraud prevention, loyalty programs and card-linked offers). “Merchants are a key collaborator in our network, providing secure purchase receipt data so that there is no need for screen scraping or problematic receipt snapshots with a mobile phone,” Luth said.

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Metasearch in Hospitality: an Overview of Hotel Search Engines

Altexsoft

In April 2020, the hotel occupancy in the US dropped to its lowest level ever — the bewildering 24.5 The annual average was roughly 44 percent, which means that more than half of hotel rooms were empty during the whole year. This means a hotel is charged every time the ad is clicked and redirection occurs.

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What you need to know about the Marriott breach

The Parallax

The year was 2014, and from then until November 2018, hackers have been stealing data from computers controlled by Starwood Hotels and Resorts ( now owned by Marriott Hotels). Regis, Le Méridien, Aloft, Element, Tribute Portfolio, and Design Hotels. ”—Sen. Chuck Schumer (D-N.Y.)

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How Bounce beat pandemic disruption and bagged a16z to lead its Series A

TechCrunch

The upshot was Bounce was able to grow revenue 38x in 2021, per Candee — reaching “millions” in revenue, and expanding its partner network to 40 countries. The 2020 global freeze on leisure travel put a temporary pause on demand for short term luggage storage. It was a gamble and not easy but now we can say it paid off!

Travel 240
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Last chance to host an After Hours event at TechCrunch Disrupt 2023

TechCrunch

Beat the deadline: Host an After Hours Event at TechCrunch Disrupt 2023 Apply to host an event of your own design and engage with more than 10,000 Disrupt attendees, as well as with your networks and the Bay Area tech community. More hotel raffle details here. Buy your pass now, and you’ll save up to $400. Passes cost more at the door.

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