Cheap oil is generally good news for airlines, but a dip to 2003 levels, if sustained, could have serious negative repercussions on plans for new fuel efficient aircraft and industry environmental targets.
With Skyscanner's new funding and ample cash, the company sees itself as an acquirer over the next few months. Skyscanner believes a few modest acquisitions, increased marketing, and continued organic growth should do the trick. There won't be any quick, easy answers as this looks like a strategy for the long haul.
Industry consolidation and innovation is ramping up as the tours and activities sector finally comes online. But a range of technical and logistical challenges still hold the sector back. How are tour operators adapting, and what strategies are helping them thrive in this dynamic environment?
The value of this meetings industry trends list over others is that it profiles the major macro level trends, versus all of the ancillary micro trends which stem from them.
It's rare to see an independent B2B travel sales and distribution platform succeed, but Bokun's business model not requiring sales commissions is helping the platform scale across Iceland.
Skyscanner has more or less been a bootstrapper in metasearch, growing mostly organically and profitably for the last seven years. But its challenge has been how to get to the next level. It's unclear how much of a difference this latest funding round will make since a chunk of it will be used as a payout to existing investors.
Today's messaging platforms provide an appealing alternative to native apps, welcoming in a new framework for how the travel industry reaches its customers. Welcome to the Post-App Economy.