The pandemic derailed record years of venture capital activity in travel, resetting the industry to 2014 levels of investment. But our assessment shows signs for optimism about the future of the travel industry and its ability to innovate technology and incubate globally relevant startups.
Recent research backs up what many business experts have been saying for a while, that video conferencing is just as productive as in-person meetings — up to a point.
A new study highlights Barcelona's recent growth as a hub for travel startups. A rich tourism history, a sun-dappled location, and a favorable cost-of-living. The pitch is certainly attractive.
Two blank-check outfits that will try to buy something in travel later debuted on the stock market this week. No Airbnb-style IPO pops, however, because no one knows what the acquirers might score in the travel sector.
In top travel stories this week, Skift wrote about a contactless-tech airport terminal, 2022 as the earliest coronavirus recovery, Marriott's CEO talking about hygiene theater, United pointing to its future scaled-down size, and plenty more.
Here's a bright ray of positivity in a gloomy time. Howzat is raising a big fund, and it plans to make roughly half of its investments in travel and transportation startups.
Message delivered: If Airbnb is concerned about the market's rollercoaster ride and the timing of its going public, then Bill Ackman's Pershing — and other special purpose acquisition companies — could take a little of the anxiety out of the process.