Press release

Tracking Travel StartUp Investment Trends in 2023 The more cautious approach from investors seen in 2022 tipped into 2023. Just a quarter into the year, total investment (including autonomous vehicle companies) stood at $421 million, a 95% drop from Q1 2022’s figure of $8.9 billion, according to Phocuswright research. The year end's total funding at around $3.6 billion for travel startups is quite a distance from the roughly $14 billion invested in 2022.A recent M&A tracker launched by Cambon Partners noted a post-pandemic increase in deals compared with pre-pandemic acquisitions.
As Airlines Face Greenwashing Accusations, Google And IATA Crunch Data The UK’s Advertising Authority has recently banned what it classifies as “misleading” ads highlighting airlines’sustainability efforts. This latest ban on Google ads from Air France, Lufthansa, and Etihad follows other greenwashing accusations and suits filed against Ryanair, Etihad, Lufthansa, and KLM. Morgann Lesné comments.
Phocuswright Conf. Roundup: Tech Investment Slows Global funding of travel technology companies has slowed to its weakest level in nearly a decade, though mergers and acquisitions in the broader travel space have proliferated in recent years, analysts said during the recent Phocuswright Conference. Morgann Lesné comments.
Global travel M&A surpasses pre-pandemic levels, 423 deals in the last year Cambon Partners, a Paris-based investment banking firm specialising in mergers, acquisitions, and corporate financing, has collaborated with VIDEC, a Mumbai-based boutique research, consulting, and M&A advisory company with a focus on the global travel, tourism, and hospitality industry, to gather and release insights on M&A activity across the global travel landscape.
French private dealmakers’ hopeful for post-summer catch-up effect after PE deals record low in 1H23 A long-awaited rebound in M&A activity could begin as early as this month with sponsor-led deals in focus, French dealmakers said.Private equity (PE) activity plunged in 1H23 as a substantial number of French deals were postponed due to current market headwinds, including inflation and high interest rates, M&A experts said.