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Category: travel

Rove, founded by a 22-year-old, is helping Gen Z earn airline miles without credit cards

During his junior year study abroad, Max Morganroth, traveled to 30 countries, primarily flying in business and first class. His jet-setting was funded almost entirely by airline points he collected through strategic credit card applications and miles redemptions. Morganroth told TechCrunch that just about everyone he knew was “begging” him to teach them how to…

Prosus buys Despegar for $1.7B, taking a bite out of Latin America’s travel sector

Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its operations in the region. Despegar’s board of directors…

Hotel booking platform Safara raises $14M, acquires rival Skipper

Doug Schuessler has always been a founder. This passion, which has been with him since childhood, saw him launch two startups, move to San Francisco, and take a job at Square to see what a “real rocket shop looked like.” He later became chief revenue officer at restaurant booking platform Resy, before becoming a founder once…

Travel is back: Hostaway raises $365M at a $925M valuation

The tourism and travel industries — after several tough years that included not just a global health pandemic but economic and geopolitical upheaval — are finally back on track, expected to make a “full recovery” to pre-pandemic levels of activity, the UN said earlier this month. As an indicator of that, Hostaway, one of the…