Articles tagged “zozi”

The market for software to tour merchants is fragmented without a single clear leader. Yet Peek now has an advantageous position, thanks to the acquisition of the assets of one of its chief rivals.

The once lavishly funded tours startup Zozi says it is still healthy, though it had to lay off many employees. The restructuring will have Zozi de-emphasizing its consumer product to "double down" on its B2B reservation service unless another player swoops in for its assets.

Zerve investors obviously determined that any acquisition offers that emerged weren't in their best interests but at least now it's certain that there was at least one concrete buyout offer, if not others, out there.

It is a war zone in tours and activities this week as all of the platform players are scrambling to pick up the pieces of Zerve.

Taking advantage of locals to improve the frequency of use for travel services is simply smart. Why more companies don't do this is beyond us.

The global travel industry is going through a lot of disruption, and the biggest sectors include the sharing economy and ground transportation, as well as one large potential winner in the hotel booking sector.

Zozi is more Gilt Groupe than Viator, and it will be interesting to see if its gear-first, tours-and-activities-second model will work.