Venture Capital

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Lyft IPO Teaches Lessons to Other Rising Travel Startups

Sean O'Neill, Skift

Several travel startups dream of going public. Lyft's initial public offering shows that profitability isn't necessarily as important as growth in the eyes of some investors, among some other key lessons.

2 weeks ago

What Next-Gen Alternative Accommodations Will Look Like: New Skift Research

What Next-Gen Alternative Accommodations Will Look Like: New Skift Research

Seth Borko, Skift Research

Analyzing startups and venture capital trends helps us glimpse the future of travel.

1 month ago

AirAsia Targets Startups With New Venture Capital Fund

AirAsia Targets Startups With New Venture Capital Fund

Sean O'Neill, Skift

As an airline, AirAsia has led its peers in many metrics, especially on cost control. But its new effort to nurture startups has the odds against it. Will this effort bring strategic gains for the company? We’ll know in a few years.

1 month ago

What Venture Capital Likes in Travel Startups: New Skift Research

What Venture Capital Likes in Travel Startups: New Skift Research

Seth Borko, Skift Research

Analyzing startups helps us understand what the future of travel holds. The latest generation of startups promises innovation across many facets of travel: hospitality, tours, airlines, business travel, and more.

2 months ago

Former Momondo CEO Hugo Burge Serves as a Startup Guardian Angel

Former Momondo CEO Hugo Burge Serves as a Startup Guardian Angel

Sean O'Neill, Skift

Having sold his business to Booking Holdings last year, former Momondo CEO Hugo Burge has had more time for venture investing. His views on travel startup funding are insightful. And we're not saying that just because we hope to be invited to see the gorgeous mansion in Scotland that he's been refurbishing.

6 months ago

South Africa’s Biggest Hotel Operator Tsogo Sun Faces Hurdles

South Africa’s Biggest Hotel Operator Tsogo Sun Faces Hurdles

Odwa Mjo, Bloomberg

Tsogo Sun, which owns luxury properties in seven African countries including Nigeria and the Seychelles, may have hit the limit of its ability to do financial contortions for a while.

11 months ago

Cruise Agency Dreamlines Raises $55 Million: Travel Startup Funding This Week

Cruise Agency Dreamlines Raises $55 Million: Travel Startup Funding This Week

Sean O'Neill, Skift

Cruise lines better hope that Dreamlines and other online booking tools for cruise travel don't interfere too much with their long-standing business models.

11 months ago

Why Everybody Now Wants a Piece of the Tours and Activities Sector

Why Everybody Now Wants a Piece of the Tours and Activities Sector

Seth Borko, Skift Research

Large travel corporations can't seem to get enough of the tours and activities space. It's one to watch as the year unfolds. Deals can be a great way to get a foot in the door, but don't forget to make sure there is a strategic fit — and, of course, that the price is right.

12 months ago

Skift Forum Europe Preview: Amadeus Is Revving Up Its Startup Involvement

Skift Forum Europe Preview: Amadeus Is Revving Up Its Startup Involvement

Sean O'Neill, Skift

Travel startups face long odds, but the lucky ones have a champion in Suzanna Chiu, who has spearheaded an array of programs at travel technology giant Amadeus that have been helping startups thrive. The industry needs more folks like her.

1 year ago

Interview: Stay Alfred CEO on Building the Future of Vacation Rental Tech

Interview: Stay Alfred CEO on Building the Future of Vacation Rental Tech

Seth Borko, Skift Research

There's a new generation of property managers trying to bring hotel-like professionalism and scale to the vacation rental market. Their tech chops will play a large role in determining if they succeed or fail.

1 year ago

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Sean O'Neill, Skift

Redeam doesn't recommend places to visit, call itself "a Facebook for travel", or indulge in other startup pitch clichés. It strives instead to build a solution to a pain point companies will pay to fix — namely, automating paper voucher redemptions for attractions. How refreshingly uncool.

1 year ago

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

Sean O'Neill, Skift

Shiji is a Beijing-based company that provides hotels and restaurants with operational software and hardware. It was already on an overseas acquisition spree before this new funding. Global leader Oracle Hospitality should be on guard.

1 year ago