Business travel surged early in 2025, says data from the two largest travel management startups, Navan and Travelperk. Yet April was off to a weak start.
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.
TravelPerk's biggest project of the year is expanding into an all-in-one corporate travel and expense management platform. It's what today's customers expect.
On today's podcast, we discuss a potential surge in hotel investment deals, whether Greenland can cope with tourism growth, and another big investment in business travel technology.
TravelPerk's $200 million deal likely is a preview of what to expect in 2025. There were multiple large raises in 2024 — including hundreds of millions of dollars for business travel platforms — and the signs point to that continuing.
Skift has covered hundreds of travel startup funding rounds over the past few years, and we’ve spoken with numerous founders and investors about the state of venture capital. They all tell a similar story: There’s money to be had, but the bar is much higher now.