Travels startups have managed to attract around $1.3 billion in investment since 2006, with funding levels doubling in 2010 over the previous year.
Research from PhoCusWright found that total funding aimed at travel startups dropped to $118 million in 2009 but soared to $246 million in 2010.
It would also appear that the investment market is starting to show very clear signs of buoyancy in 2011, with the total amount of funding so far this year already surpassing that of 2009.
Read the full story at: http://www.tnooz.com/2011/05/03/tlabs/travel-startup-funding-estimated-to-have-hit-1-3bn-in-past-five-years/
