The conventional wisdom in the U.S. and Europe has been that business travel will be slow to recover easing out of the pandemic and that emerging markets in Latin America, such as Brazil, will have a snail-like rebound, too. Travel startup Casai is gambling that both ideas are wrong.
Co-living, second-tier cities and apps that create sub communities — there’s a shake-up on the horizon and hospitality companies can learn lessons from Asia.
It's undoubtedly a boom time for Guesty, which helps streamline and automate key parts of short-term rental management. But what will happen when the publicly held tech giants enter the sector with their wares. Will they dominate, just like they've dominated the hotel tech sector?
It's a bitter irony that the pandemic has driven a push to remote work and created an immense opportunity for traditional providers of serviced apartments precisely at the moment that they have stumbled in their execution.
Hotel-style accommodations brand Sonder has hit on a plausible business that uses technology to wring out inefficiencies from key processes. But several questions still hover around its model, as investment money gushes into the segment.
The market for long-term serviced apartments is being dragged, thankfully, into the digital era by companies like Homelike. Plus: Funding news for Roomex, FunNow, Vntrip, and Roto Travel.