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Rental Cars
If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it?
Sean O'Neill | 5 months ago
Online Travel
Altitude is a SPAC, or special purpose acquisition company, led by Gary Teplis, the CEO of corporate travel agency Teplis Travel. If Reuters' report is true, Altitude might take Getaround, a carsharing service, public in a multi-billion-dollar deal.
Krystal Hu, Reuters | 10 months ago
Coronavirus
So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.
Sean O'Neill, Skift | 10 months ago
Tourism
New U.S. spending data suggests that some brands, such as Enterprise, Vrbo, and JetBlue, had a better first half of 2021 than their rivals. The travel industry as a whole should be grateful for the U.S. federal stimulus checks to consumers.
Sean O'Neill, Skift | 1 year ago
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.
How will the courts define Turo — as a rental car company or a marketplace? We've heard this song before and the refrain has been mixed.
Olivia Zaleski, Bloomberg | 4 years ago
Car-sharing marketplaces are finding that partnerships with automotive leasing companies and insurers may be a more cost-effective way to get the word out about their services than using traditional digital marketing efforts.
Sean O'Neill, Skift | 5 years ago