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Hotel Marketing Tech Consolidation Being Orchestrated by Austin Private Equity Firm


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Two travel tech companies that offer hoteliers and vacation rental managers tools for engaging with customers, encouraging direct bookings, and collecting and analyzing guest feedback have merged in a deal orchestrated by Serent Capital, a private equity firm based in Austin with $2 billion in invested capital.
Revinate, a San Francisco-based maker of software for guest data management and business intelligence, said on Tuesday it had absorbedNavis, which offers direct booking services. The combined company, under the Revinate brand, will serve more than 300,000 hotels. ....

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Why Barcelona Is Becoming a Hub for Travel Startups


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Silicon Valley remains synonymous with startups. Yet remote working during the pandemic has sparked interest among digital entrepreneurs and software engineers worldwide for other cities that have tech hubs, such as Singapore, Berlin, Toronto, London, New York, Tel Aviv, Medellin, and Beijing. The most surprising hub for technology companies in general and travel startups in particular is Barcelona.
“When we founded TravelPerk, we wanted a home city that reflected our company’s culture and identity,” said Avi Meir, CEO and co-founder of business travel management startup TravelPerk, which raised $104 million in its Series C round. “Barcelona is exactly that – it’s vibrant, dynamic, and filled with ambition and opportunity.” ....

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