Articles tagged “travel technology”

Serent Capital was an investing chaperone to Revinate's acquisition of Navis. Its thesis is that the technological stars have finally aligned to produce many of the business intelligence breakthroughs that hotel companies have long sought.

Brazil is fostering dozens of travel tech companies. Developing homegrown digital clout could help the country resist incursions from foreign heavyweights as it leans into a post-pandemic recovery.

After a yearlong pause for the travel industry, it’s now starting to feel like the cloud of uncertainty is being lifted. Planners are increasingly optimistic about the state of meetings and events and are growing more confident by the day about the future of the industry.

In this video from Skift's Hospitality & Marketing Summit, we hear from Accor CMO, Steven Taylor, and Skift President, Carolyn Kremins who discuss how the group is evolving its mission and services to cater to customers in an industry, reborn. 

Skift has long speculated that online travel agencies might launch soft brands, and now Kayak is attempting to do so during a dire moment for the hotel industry. Whether independent hotels would see any value in using a software package through the Kayak app is a wide open question.

What's the best strategy for a corporation? Some years, it's trendy for consultants to advise companies to focus on their "core competency." In other years, it's all about diversifying. JetBlue's effort to diversify into enterprise tech will be worth watching.

Oyo will eventually fix its technology, but it will take a protracted period. It begs the question: Why did the budget chain engage in such a hyper-fast expansion in recent years, and insist on building its own operating system when it was clearly so lacking.

The setback to China's hotel recovery is a cautionary hotel. In other top travel stories this week, Skift covered mask mandates, vegan tourism, and American Express Global Business Travel's latest acquisition.

Enthusiasm for IPOs is booming in the wake of Airbnb's sensational debut as a public company. But only a handful of startups, possibly including Turo, Traveloka, Yanolja, Gett, Tujia, SiteMinder, Sonder, and Vacasa, may have enough positive growth in 2021 to woo investors.