Private equity flooded the travel industry during the pandemic, but many startups looked to the government’s Innovate UK arm, which continues to put millions of pounds on the table.
It's hard to say how far TravelPerk can go buying the UK's Click Travel, as it limits expansion to a mostly domestic market. But then its new investor has a reputation for spotting opportunities earlier than most.
After investing in other companies, ATPI plans to licence its software to other travel agencies through a new venture called TripStax. But can it emulate the success bigger rivals have had?
A united front came together for a “Travel Day of Action” — but it'll take an extremely loud voice to convince policy makers to fast forward the proposed July 19 reopening date and pry open wallets for more cash handouts.
In terms of saving the planet, the next best thing to not flying long-haul could be flying on a plane that uses sustainable fuel. Many companies are buying into this now, but it's still early days.
The panic's over. Las Vegas' gigantic venues will soon be back selling things like concrete and computers at full capacity. Which is why MGM's CEO and president William Hornbuckle is looking further afield for the brand's next chapter.