Articles tagged “startups”

This reporter managed to include Kourtney Kardashian's Insta in this story about travel tech. #winning #socialmedia #thinkfluencer

As Asia faces an extended pandemic and uneven reopenings, what is the travel industry doing to face these challenges? Join us as we learn about new strategies, opportunities, and innovation in the APAC region.

Until now, artificial intelligence has mostly been hype. But AI is starting to save travel companies real money by making smarter predictions about events that impact operations.

Many bootstrapped travel companies may prove more innovative than venture-backed ones during the pandemic. MaxMilhas is an example, given its distinctive approaches to selling flights and hotels.

This week, Nigeria's Plentywaka, India's Oyo, and South Korea's GuideLive announced more than $7 million in funding collectively.

Travel startups raised more than $390 million in funding this week for concepts such as launching a budget airline, enabling influencers to sell trips, and making it easier to book European campsites, Korean hotels, and Saudi short-term rentals.

The pandemic catapulted a few niche innovations into widespread use, benefiting a few fast-moving travel businesses. Lists come and go, but pay attention to the underlying trends that will last after the crisis passes.

Oyo made headlines for offering hotels a minimum revenue guarantee in exchange for taking control of hotel operations. Bob Diener and David Litman are doing it with a twist — trying to drive demand to select hotels to steal business from their peers in exchange for hefty margins on each sale.