A report by ABC7 looks at the prevalence of electronic tipping screens that customers are asked to use to tip on at point of service, including those relating to travel websites. US law is clear that tipping goes to the service provider and not to their employer. However, it remains unclear whether travel websites are able to take tips under California law. A Hopper travel website in San Francisco has generated criticism from campaign group Consumer Watchdog, who says that the company is essentially “masquerading” a surcharge as an online tip. Campaigners recommend customers carefully read the fine print to...
Hopper co-founders Frederic Lalonde and Joost Ouwerkerk.© Frederick Duchesne Photographe/Hopper The Canadian startup Hopper, a popular travel booking app, announced Monday that it has secured a $96 million investment from Capitol One, solidifying a long-term partnership between the two companies. Capital One previously led Hopper’s Series F round that raised $170 million in March 2021. “The new funds will be used to accelerate the company’s growth across several fronts including... Read further.
Evidently, the downturn hasn’t soured investors on the travel industry. Travel booking startup Hopper today announced that it closed a $96 million follow-on investment from Capital One, bringing the company’s total raised to $740 million. The fresh cash will be put toward several efforts, CEO and co-founder Frederic Lalonde said in a press release, including supporting Hopper’s new social commerce initiatives. As a part of the funding, Hopper says it’s... Read further.
Travel app Hopper receives $96 million investment from Capital One msnNOW Read further.
NEW YORK, Nov 7 (Reuters) - Hopper, a travel booking app, said on Monday it received a $96 million follow-on investment from Capital One Financial Corp (COF.N), funds it will use in part to build its social commerce business aimed at younger travelers.Hopper said the investment will also be used to grow its business-to-business unit including building fintech products and travel portals for partners like Capital One. Its social commerce business includes games and referral programs to earn... Read further.
Hopper is continuing to build out its Homes business line through a partnership with Evolve.The deal adds 24,000 properties to Hopper Homes, which was unveiled in the app in January 2022, making Evolve its largest direct vacation rental supplier. In February of this year, Evolve raised $100 million.Susan Ho, head of Hopper Homes, says the app now offers about 2.2 million properties to its customer base.The app-based business also plans to add its... Read further.
(Photo Credit: Tada Images/Shutterstock) Hopper Price Freeze overview: Who: Plaintiff Shalimar Acosta filed a class action lawsuit against Hopper (USA) Inc. Why: Hopper allegedly misrepresents a “Price Freeze” service that does not actually protect travelers from significant price increases. Where: The Hopper Price Freeze class action lawsuit was filed in Illinois federal court. Hopper (USA) Inc. faces a class action lawsuit alleging its “Price Freeze” feature on its... Read further.
Travel booking app Hopper announced today that it’s launching a number of new flexibility products that are designed to help customers save money on hotel, flight and car bookings. Hopper says that almost 60% of app customers purchase at least one fintech product when making a booking. The company says these new fintech products will give customers flexibility not just before a trip, but during it as well. The company is launching a “Leave for Any Reason”... Read further.
As the short list of stories below reveals, last week was another quiet week in the online travel world. Enjoy. Hopper Is the Fastest Growing Travel App in 2021(“Hopper outperformed all other OTA apps in 2021,” March 25, 2022 via Phocus Wire)By now, we probably shouldn’t be surprised. This past year has been quite a year for the online booking platform and fintech purveyor. Powered by the popularity of its fintech products (on average, every user purchases two fintech products with... Read further.