This is the second business travel startup in the last three weeks that has raised money to expand in Latin America. There's a big market to modernize.
American Airlines was an early adopter of satellite Wi-Fi, but in recent years it has fallen behind domestic and international rivals. Executives will hope these major changes close the connectivity gap.
Given the whipsaw policies on tariffs these days, it is difficult to make long-term projections on corporate travel, leisure travel, and the global economy.
TravelPerk marks its 10th anniversary with a new brand identity that reflects how much the company, its customers, and the world of work have evolved — all while racing to become a fully integrated travel and expense platform.
Extended Stay America turned kitchenettes and weekly housekeeping into an over $6 billion business. Now everyone wants a piece. The model is usually resilient even during recessions.