Google just got a run for its money: Sabre, PayPal, and Mindtrip join forces to let travelers plan and book trips inside AI chats. If it works, it’s another sign the next distribution shift may come from travel’s own stack, not just Big Tech.
As Traveloka drops off from the once-hot special purpose acquisition company race, a $200 million funding would stand the travel tech unicorn in good stead, in case it decides to take the conventional IPO route.
Most hoteliers would rather not think about their payment tech, as long as it works. But payment habits are changing, and so is payment tech. Hoteliers — and hotel tech vendors and investors — will want to be on top of these changes, especially now that revenues are suppressed.