Articles tagged “investors”

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.

6 months ago

Online Travel Plunge Spurs Investor Wariness

Online Travel Plunge Spurs Investor Wariness

Sean O'Neill, Skift

When Priceline sneezes, the online travel industry catches a cold.

7 months ago

Iceland Residents Aren’t Embracing Chinese Tourism Investment

Iceland Residents Aren’t Embracing Chinese Tourism Investment

Ragnhildur Sigurdardottir, Bloomberg

Iceland has become so popular that there aren't enough hotel rooms to go around yet residents and legislators are largely resistant to foreign investment to build more hotels. This dilemma isn't unique to Iceland and other destinations will watch how the country responds.

9 months ago

The State of Early-Stage Travel Startups: Where Investments Went in 2015

The State of Early-Stage Travel Startups: Where Investments Went in 2015

Dan Peltier, Skift

Some entrepreneurs are subject to so much tunnel vision that they can't see when it's time to either pivot or give up. The themes of pivoting to B2B and targeting the vacation and short-term rental space are commonplace and it's realities like these that investors impress upon startups every day. Everyone trying to do the same thing without differentiating creates a lack of ambition, a sentiment shared by some investors we recently spoke to.

2 years ago

Starwood Founder Barry Sternlicht Invests in HotelTonight

Starwood Founder Barry Sternlicht Invests in HotelTonight

Dennis Schaal, Skift

Does HotelTonight really provide incremental bookings without detracting from the hotels' own websites and apps? Several big hotel chains and Barry Sternlicht are now on board and apparently believe so. But, what happens down the road when the humble startup gets too powerful? That's something to consider, as well.

4 years ago

Startup Raises $500,000 to Add Smart Hotel Bookings to Productivity Apps

Startup Raises $500,000 to Add Smart Hotel Bookings to Productivity Apps

Samantha Shankman, Skift

Both unmanaged and managed business travelers are turning to their own mobile apps for bookings presenting an opportunity for previously non-travel apps to increase their own value by adding travel-related tools.

4 years ago

Norwegian Billionaire Sells Stake In TUI Travel As Merger Seems Doubtful

Richard Weiss, Bloomberg

John Fredriksen's move is purely a financial transactiion, but it isn't much of a vote of confidence in TUI Travel and its ambitions.

5 years ago

Airline Stocks Rally as Revenues Rise and Fuel Costs Drop

Airline Stocks Rally as Revenues Rise and Fuel Costs Drop

Associated Press

Airlines have not been lucky often this year when they try to raise prices, but fuller cabins and lower fuel costs will still bring better revenues.

5 years ago

Breaking Down the Forbes 400 to Find the Richest People in Travel

Breaking Down the Forbes 400 to Find the Richest People in Travel

Dennis Schaal, Skift

Investing in travel isn't such a gamble after all, except if you're referring to gaming -- which appears to be a sure bet when it comes to wealth creation.

5 years ago

Vacation Ownership Site Gets $5 Million in Funding From Hotel Veterans

Vacation Ownership Site Gets $5 Million in Funding From Hotel Veterans

Dennis Schaal, Skift

Venture capitalists are increasingly making bets that vacation homes and timeshares are a tremendous growth opportunity as an alternative to hotels.

5 years ago

Vacation Rental Startup Gets $1.5 Million in Funding from All-Star Investors

Vacation Rental Startup Gets $1.5 Million in Funding from All-Star Investors

Dennis Schaal, Skift

Many of these angels have some big wins on their resumes, some more than one. They see a huge opportunity in vacation rentals, a high-growth market where there is tons of room for improvements both on the management end, and the guest experience.

5 years ago

Why Are Celebrities Drawn to Investing in Travel Startups?

Why Are Celebrities Drawn to Investing in Travel Startups?

Samantha Shankman, Skift

The right celebrity can add credibility and boost branding for a travel startup or lifestyle brand, but it is ultimately up to team, with their heads down executing, to bring a concept to startup stardom.

5 years ago