Skift recently conducted a study on behalf of Amadeus for Startups on the State of Travel Startups which documents the challenges and opportunities facing the travel startup ecosystem.
We surveyed 177 startup leaders from around the world to better understand what is top of mind, from funding gaps, top challenges, technology innovations and new business models.
Nice problem to have! It's so rare for a travel company to raise "too much money" that it's not worth worrying about.
It's a danger for startups that they might raise too much money and then they might become too expensive to be acquired by a larger company, reducing the chances of desirable exits and increasing the chance of failure.
It's only a small problem for startups that they may raise so much money that they become too expensive to be acquired by a larger company or to have a successful IPO.
It's not a real issue. Founders should merely raise as much money as they can and let the investors worry about how they manage their portfolios.
Subscription-based models instead of fixed-price models.
Personalized pricing based on customer demographic profile or behavior.
Unbundling, with the “a la carte” fee model pioneered by budget airlines applied to other travel sectors, products, and services.
Hybrids of cost-per-click and cost-per-action.
Surge or dynamic pricing applied beyond the ride-hailing segment.
Tours, restaurants, and in-destination activities
Growing direct sales for companies
Machine Learning/Predictive Analytics
Internet of Things & Voice-Based Search