Sometimes raising investment is hard, and sometimes it's harder. But that's no reason not to move forward — a product that's strong and needed will still sell.
Top executives at Connect Airlines and Breeze Airways both alluded to the high-risk nature of the aviation business, but they also said that it's a good time to start up a carrier. It seems both companies are doing the early heavy lifting they will need to be successful.
Luxury brand Four Seasons believes strongly that guests who are spending more money need to be pampered a little, says its chief commercial officer. But it is smart to shy away from certain types of tech because of that?
Service is a premium for hotels coming out of the pandemic, but it's really hard to provide that service when workers are hard to come by. HotelKey is hoping the big brands see tech as part of the solution to the problem.
While Big Tech is laying off thousands, the travel tech companies interviewed for this column are hiring dozens of people. That's good for now, but we will see how hard the global economy gets hit next year. If too hard, some cutbacks may be inevitable.
Busbud, an online marketplace for bus and other ground transport tickets, is now offering more software services to operators in that industry following a company acquisition.