Articles tagged “funding”

Some of the companies Skift featured in its first travel startup funding roundup went on to thrive, while others ... not so much.

Funding announced this week went to a wide variety of travel tech startups, with involvement in hotels, cruises, messaging, and sustainability.

There is a reference to artificial intelligence by nearly all the startups listed. It is being used to strengthen the services for even the seemingly most basic types of consumer apps.

Everyone in the travel industry, especially airlines, is talking about sustainability right now. But investments are also being made in innovations that could form the industry decades from now.

For any travel company that leans on a membership model, offering a tiny slice of equity is a cost-effective way to grow an army of loyal guests — but only if the brand is strong enough. If institutional investors continue to shy away, crowdfunding could take off in 2023.

Despite an increasingly negative economic forecast, travel tech startups raised billions of dollars in 2022.

The taxi drivers of Welcome Pickups double as tour guides, while Cabana is offering vacation rentals in high-tech camper vans and Customcells wants to create a next-generation battery for airplanes.

It seems like there's a short-term rental platform for everyone. Le Collectionist's niche is people who want to rent top-tier houses for tens of thousands of dollars per week.

Luxury hotels and resorts, with all their amenities, are usually the playgrounds of the rich and famous and are reserved exclusively for overnight guests who pay top dollar to stay…