Clear, which rose to popularity by allowing flyers to speed through long security lines with its use of biometrics, will now be the third enrollment provider for TSA Pre-Check.
You can imagine one major security lapse putting pressure on the gutting of self-screening. On the other hand, TSA manual screening has been rife with miscues, as well.
Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.
In Skift's top stories this week, Barbados creates its own online travel booking platform, Airbnb CEO Brian Chesky takes suggestions from Twitter followers about what the company should launch, and 2022 will likely see a large number of major deals in the hotel industry.
By acquiring Argentinan vendor Whyline, Clear is doubling down on technology that allows travelers to reserve a spot in line when they check in for their flight. This "virtual queueing" tech could be used outside of airports, too, such as at attraction parks, in conference venues, and on cruise ships.
Clear's previous experience vetting travelers and moving them quickly through airport security put it in an excellent position to take on the challenges of identity, health, and vaccination in the (hopefully) coming post-Covid panic world.
The global travel industry still faces uncertainty in its recovery. But one thing is certain from all the interviews (and sometimes opposing viewpoints) at Skift Global Forum: How the world travels won't look like it did two years ago.
So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.