Articles tagged “hopin”

The fire sale of virtual event company Hopin for a mere $15 million highlights the decline of the once-promising pandemic era unicorn, and raises questions about the future of virtual events in the broader events industry.

The economic downturn is decimating the event tech sector hard, particularly virtual event tech platforms. This won't be the last round of layoffs as investors lose confidence in the sector.

Australian events management software provider EventsAIR has selected U.S.-based event tech veteran Matthew Donegan-Ryan as its next CEO. The move is part of a significant private equity investment led by The Riverside Company. Founder Trevor Gardiner, who was CEO, takes on the role of executive director of product innovation.

Given the projected recovery of in-person events, many are speculating that virtual event tech may not be as hot as it once was. In light of the recent layoffs at Hopin, we asked event tech industry leaders how they see the sector evolving from here.

Good morning from Skift. It's Monday, February 14, in New York City. Here's what you need to know about the business of travel today.

Good morning from Skift. It's Monday, February 14, in New York City. Here's what you need to know about the business of travel today.

UK-based event tech unicorn Hopin is laying off 12 percent of its workforce, including its chief marketing officer, as it reels from the impact of Covid on events. 

After buying Freebird and onboarding Hopper as its travel platform for credit card members, Capital One is building up a significant travel portfolio with this latest acquisition.

This week, travel startups announced more than $60 million in funding. Concepts included short-term rental stays in the U.S., travel services in Vietnam, and online travel sales in Russian-speaking markets.