Amadeus Launches Venture Fund To Invest In Travel Startups
Skift Take
Amadeus has long been involved in incubating startup-like ventures within the company, but will now do so with a more deliberate strategy to forge closer relationships with young companies that it feels are worth associating with.
Amadeus became the latest established travel industry operating company to launch a travel startup investment fund, joining Concur, eLong, American Airlines and Priceline, although the latter two "funds" have yet to leave the ground.
In recent years, these companies are showing they are not just content to acquire travel startups when they are ripe for the plucking.
Instead, these companies want to get tight with the startups at an early stage, with the possibility of an acquisition perhaps at a la
