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The Travel Business

News

HouseTrip adds Accel Partners as investor and locks up a further $40 million of funds

London-based holiday rental business HouseTrip has taken its total fundraising to date to $59.7 million (£37.3 million) after closing its Series C round.

News

Global Blue secures €1 billion price tag

Six months after the management team led a buy-out of the firm, Equistone Partners Europe has sold Global Blue to Silver Lake Partners.

Entrepreneurs

Setting up a travel business: Andrew Dunn

Andrew Dunn, who started up luxury tour operator Scott Dunn aged 22 with a £5,000 bank loan, has experienced some ups and downs on the way to building a £25 million turnover business.

News

The Only Scootercase

To provide city workers with a faster way of negotiating the crowds, US-based Hammacher Schlemmer has come out with the Only Scootercase, fusing a traditional scooter with the needs of today's business people.

News

UK and Dutch holiday websites link up

UK-based home rental website pureholidayhomes.com has been acquired by @Leisure-Group in a transaction that will see the two businesses share platforms.

News

Travel Republic sells equity stake

Air services provider Dnata has acquired online UK travel agency Travel Republic in a deal which represents one of the Dubai-based business' 'biggest transactions' in its history.

News

HouseTrip secures $17 million in second round financing

Holiday apartment website HouseTrip.com has completed a $17 million (£10.9 million) Series B funding round, ten months after closing a first round, that will fund product development and marketing campaigns.

News

Statesman secures £4.25 million from bank fund

The Business Growth Fund has completed its second investment, committing £25 million in growth capital for acquisitive Statesman Travel Group, an independent travel management company.

News

Secret Escapes secures second round finance

Luxury deals website Secret Escapes has secured a second round of funding and announced a new chief executive as the company pursues further market share in the competitive online travel sector.

Growth Planning

Hostel boosters Patron Capital

Josh Wyatt, director of hospitality and leisure at Patron Capital, explains why the firm has invested €100 million (£87 million) in the Generator Hostels chain.

News

New heights for PrivateFly after £2 million investment

Online aggregator for private jet charter PrivateFly.com is set to expand after closing a £2 million fundraising round generated from eight private investors.

Entrepreneurs

Teeing off to success: Ross Marshall

Ross Marshall, co-founder of fast-growing travel company YourGolfTravel.com, reveals to GrowthBusiness in a Q&A how he turned a sporting passion into a £35 million business.