What's Holding Back Investment in the Travel Industry
Skift Take
Investors at a panel at ITB Berlin were pushing travel as a stable industry. But don't expect an end to the volatility, especially when the next recession comes.
In a speech at the ITB Berlin travel conference Tuesday, Jan-Frederik Valentin, general partner at Ennea Capital Partners, said investors were sometimes reluctant to look at the travel industry.
“You’d imagine with the industry having record numbers across different sectors that investment is also at an all time high. But it’s not yet,” Valentin said.
Tourism is roughly 10% of global GPD but it’s only 5% of global investment, Valentin said.
One factor has been rising interest r
