From Crisis Will Come Eventual Opportunity for Venture Capital in Travel: New Skift Research
Skift Take
We are headed into a winter for travel startups. But travel won't be gone forever. And history teaches us that startups are often the first to pinpoint our industry’s new direction as we exit a crisis.
It’s going to be a tough winter for travel startups. Many will struggle and some will go under. But travel startups will not disappear. And in fact, successful new businesses will be created. Don’t forget that some of the most respected startups in travel today, like Airbnb, were founded in the depths of the global financial crisis.
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Last year was a record one for venture capital investments in travel, with $9.2 billion of
