DENVER, Sept. 17, 2024 (GLOBE NEWSWIRE) — With new products and a new brand on the horizon, travel technology leader Hotel Engine today announced a $140M Series C growth investment led by Permira Growth Opportunities II, a fund advised by global private equity firm Permira.
Hotel Engine will use the funding to support ongoing product development, including the launch of flight and rental car bookings to its platform. The new booking options will go live in October, making Hotel Engine an all-in-one solution for business travel.
Alongside the new product release, Hotel Engine will change its name to “Engine” to reflect its expanded focus.
“Hotel bookings will always be in our DNA, but we’re out to transform the entire travel…