Startups

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New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Seth Borko, Skift Research

Venture capitalists invested a record amount in travel startups in 2017. The industry is no stranger to disruption, but we may be seeing some of the greatest changes of the last two decades. Our latest research report is a deep dive into these emerging trends with insights for founders, incumbents, and investors.

2 months ago

Chrome River Raises $35 Million for Expense Software: Travel Startup Funding This Week

Chrome River Raises $35 Million for Expense Software: Travel Startup Funding This Week

Sean O'Neill, Skift

It would be bad if Chrome River spent all of its newfound money on travel and entertainment. But at least it would be able to expense it efficiently if it did.

2 months ago

Airwallex Closes $19 Million Round for Payments Tech: Travel Startup Funding This Week

Airwallex Closes $19 Million Round for Payments Tech: Travel Startup Funding This Week

Sean O'Neill, Skift

This week, startups raised funding to help simplify cross-border transactions, lend consumers money to book travel, offer airport valet services, map interior spaces, automate back-office processes for rental property managers, and split the booking of multiple-night hotel stays. They'll have a happy New Year for sure.

2 months ago

Sponsored
Cracking the Code: Taking a Closer Look At Travel Startup Business Models

Cracking the Code: Taking a Closer Look At Travel Startup Business Models

Amadeus + Skift

Much of the success of a travel startup hinges on its business model. A new Skift and Amadeus travel startup survey found that subscription-based, personalized pricing and unbundling models show the most promise to those in the space.

2 months ago

OTA Insight Raises $20 Million for Hotel Rate Analysis: Travel Startup Funding This Week

OTA Insight Raises $20 Million for Hotel Rate Analysis: Travel Startup Funding This Week

Sean O'Neill, Skift

Who needs Santa? This week investors announced more than $179.5 million in funding for startups that specialize in hotel revenue management, baggage transport, and online travel services.

2 months ago

Sponsored
The Tech Innovations Most Anticipated By Travel Startups

The Tech Innovations Most Anticipated By Travel Startups

Amadeus + Skift

Tech innovations like blockchain, AI and machine learning have the potential to change the way travel companies do business. Some already demonstrate significant promise in the effect they’ll likely have on the space, while others are still mostly hype. A new survey by Amadeus and Skift looked at how individuals in the travel startup sector actually feel about the utilities of these emerging tech tools.

2 months ago

Mafengwo Raises $133 Million as a Booking App for Chinese Millennials

Mafengwo Raises $133 Million as a Booking App for Chinese Millennials

Sean O'Neill, Skift

Mafengwo gained traction among millennials partly due to China having banned Facebook and Instagram. A lack of competition gave the company room to be a place where young Chinese can share travel photos, and that attracted new customers to look at the company's bookable travel offerings.

2 months ago

MyVR Raises $6 Million for Rental Property Software: Travel Startup Funding This Week

MyVR Raises $6 Million for Rental Property Software: Travel Startup Funding This Week

Sean O'Neill, Skift

Two startups aiming to help vacation rental property managers, one that helps hoteliers market their neighborhood's attractions to guests, and one that helps give business travelers cash back on purchases together raised $18 million this week.

3 months ago

Sponsored
Five Challenges Keeping Travel Startup Leaders Up At Night

Five Challenges Keeping Travel Startup Leaders Up At Night

Amadeus + Skift

What keeps travel startup founders up at night? According to the results of our new travel startup survey, fledgling travel businesses face a variety of obstacles, including finding the right people, misunderstanding market dynamics, weak business models and challenges with data complexity.

3 months ago

Vietnamese Agency Vntrip Raises $10 Million: Travel Startup Funding This Week

Vietnamese Agency Vntrip Raises $10 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

After years of following startup funding trends, it's tempting to move to a developing country to start an online travel agency or metasearch company. On the other hand, we can list dozens of reasons not to.

3 months ago

Sponsored
Bridging the Funding Gap for Travel Startups

Bridging the Funding Gap for Travel Startups

Amadeus + Skift

Research shows that there’s a significant gap between early, mid and later stage funding rounds—unfortunately, it makes sense. The very nature of early vs. middle-to-late stage funding makes it difficult for startups in the travel space to move beyond the beginning stages.

3 months ago

Video: Travel Investors on Why Booking Sites Still Have Plenty of Room for Growth

Video: Travel Investors on Why Booking Sites Still Have Plenty of Room for Growth

Dan Peltier, Skift

Is this only the beginning of the beginning of online travel? With a recent downbeat set of results from online travel agencies, it's a question that's hotly debated these days.

3 months ago