Articles tagged “venture capital”

Airline, Hotel, and Silicon Valley Heavyweights Back Startup Aiming to Fix Travel Data Hurdle

Airline, Hotel, and Silicon Valley Heavyweights Back Startup Aiming to Fix Travel Data Hurdle

Sean O'Neill, Skift

Journera aims to act like a magnet attracting relevant information across company databases about a traveler’s complete trip. It would help, say, a hotel learn when a high-status customer’s flight has been delayed. While the idea is great in theory, it may prove elusive in practice.

1 week ago

Video: Naspers Group Investment Exec Sees Consumer Focus Shifting From Price to Convenience

Video: Naspers Group Investment Exec Sees Consumer Focus Shifting From Price to Convenience

Dennis Schaal, Skift

Are consumers discarding price-consciousness for convenience? Uber is convenient, but it's also cheap. These dueling preferences aren't clear-cut, and the trends will remain complex.

2 weeks ago

Skift’s Top Travel Startups to Watch 2018

Skift’s Top Travel Startups to Watch 2018

Sean O'Neill, Skift

Better, faster, stronger. We pinpointed 20 venture-backed companies — mostly young — that promise breakaway potential. These startups prove that innovation is happening everywhere, from Atlanta to Ramallah to Queensland.

1 month ago

JetBlue’s Venture Arm Invests in a Startup That Predicts Flight Delays

JetBlue’s Venture Arm Invests in a Startup That Predicts Flight Delays

Sean O'Neill, Skift

If venture-backed startup Lumo has its way, more travelers will avoid flight cancellations thanks to breakthroughs in artificial intelligence. No wonder that JetBlue, EasyJet, and other companies are interested.

3 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.

4 months ago

JetBlue’s Venture Arm Expects Blockchain to Be a Major Disruptor

JetBlue’s Venture Arm Expects Blockchain to Be a Major Disruptor

Hannah Sampson, Skift

Will blockchain's impact be like the internet's influence on travel? JetBlue Technology Ventures President Bonny Simi thinks so.

5 months ago

New Skift Research Report: The State of Tours and Activities 2018

New Skift Research Report: The State of Tours and Activities 2018

Rebecca Stone, Skift Research

The digital revolution has finally come for tours and activities. Our latest research report dives into challenges for this fragmented sector as it shifts increasingly online and to mobile, but highlights the potential market opportunity for a very diverse, experiential space.

5 months ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Seth Borko, Skift Research

Emerging technologies, like artificial intelligence and blockchain, have yet to make the leap from buzzword to mainstay, but have the potential to disrupt travel incumbents. The big players will have ample opportunity to adapt, though, and leading startups can play a role in helping executives grapple with when and how to implement these technologies.

6 months ago

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.

6 months ago

Vacasa Raises $103 Million as Venture Capital Commits to the Property Management Sector

Vacasa Raises $103 Million as Venture Capital Commits to the Property Management Sector

Sean O'Neill, Skift

Vacasa spent years building a business before venture capital came along for the ride at this level. Its fate now depends on how well it executes the sometimes-cumbersome task of on-boarding new properties at scale, and whether it can avoid hubris.

9 months ago

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Travel Startup Money Is Flowing But the Road to an Exit Is More Distant

Dan Peltier, Skift

Blockchain and China are both areas that investors find interesting, but blockchain requires a long-term view and China is really tough, especially domestically. Meanwhile, investors are pouring money into artificial intelligence and virtual reality, and are trying to sort out which travel startups working in these fields will make it to the finish line.

10 months ago

Flight Disruption Startup Freebird Snares Funding from General Catalyst and Accomplice

Flight Disruption Startup Freebird Snares Funding from General Catalyst and Accomplice

Sean O'Neill, Skift

It's nice when folks smarter than us land on the same dime. General Catalyst and Accomplice, the famed venture capital firms, join us in seeing promise in Freebird, which gives corporate travel agencies superpowers when it comes to rebooking travelers.

1 year ago