In travel technology news today, Concur, an integrated travel and expense management company, announced a $5 million dollar investment in the Yapta airfare and hotel rate tracking service. Accordingly, Cloncur will now use Yapta exclusively for their TripIt Pro user accounts.
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Oyster.com Gets $10 million Boost from Travel Channel
The sun must seem a little brighter this week for folks at Oyster.com. In its Series B funding round, Oyster raked in $10 million from the Travel Channel and Bain Capital, a previous investor. The Travel Channel chipped in $7.5 million of the funding, taking with them a minority stake in the hotel-booking website. In […]
iBAHN Secures a $20 Million for Distribution of IPTV Platform
iBAHN, the world’s leader in digital entertainment and Internet solutions for hospitality, has secured a $20 million credit facility with JP Morgan Chase & Co. The new multi-year credit allows for continued growth and installation of iBAHN’s IPTV platform throughout premium hotels around the world.