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Travel Venture Capital News

Online Travel

Skyroam Raises $20 Million for Portable Wi-Fi: Travel Startup Funding This Week

We were skeptical of claims from Skyroam that travelers would pay a premium for seamless mobile Wi-Fi. After all, the internet has become cheap and easy to access in many destinations. But the startup has attracted millions of paying users. The lesson: There's always a premium version of an existing service waiting to be invented.

Sean O'Neill, Skift | 6 years ago

Skyroam Raises $20 Million for Portable Wi-Fi: Travel Startup Funding This Week

Online Travel

Budget Hotel Brand RedDoorz Raises $11 Million: Travel Startup Funding This Week

The concept of a budget brand hotel network that promises consistent amenities has been popularized by India's OYO Rooms. RedDoorz has traction with a similar model in Indonesia, which suggests the model may have legs worldwide.

Sean O'Neill, Skift | 6 years ago

Budget Hotel Brand RedDoorz Raises $11 Million: Travel Startup Funding This Week

Online Travel

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Redeam doesn't recommend places to visit, call itself "a Facebook for travel", or indulge in other startup pitch clichés. It strives instead to build a solution to a pain point companies will pay to fix — namely, automating paper voucher redemptions for attractions. How refreshingly uncool.

Sean O'Neill, Skift | 6 years ago

Tour Tech Startup Redeam Turns to Industry Vets for Funding

Online Travel

Tours and Activities Companies Raise Over $15 Million This Week

Some investors think that patience is not only a virtue, but can also be worth a windfall. But waiting for big returns from tours and activities sector companies KKDay, Bookingkit, and TickX — which have received fresh investment rounds — may test their virtue.

Sean O'Neill, Skift | 6 years ago

Tours and Activities Companies Raise Over $15 Million This Week

Online Travel

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

Shiji is a Beijing-based company that provides hotels and restaurants with operational software and hardware. It was already on an overseas acquisition spree before this new funding. Global leader Oracle Hospitality should be on guard.

Sean O'Neill, Skift | 6 years ago

What’s Behind Alibaba’s $486 Million Investment in Hotel Tech Giant Shiji

Online Travel

New Skift Research Analyst Session: Venture Investment Trends In Travel

The travel startup landscape is more dynamic than ever. Not every company will succeed, but travel leaders need to know where these new entrants see cracks in the incumbent armor. Subscribe to Skift Research to learn more.

Seth Borko, Skift Research | 6 years ago

New Skift Research Analyst Session: Venture Investment Trends In Travel

Startups

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

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.

Seth Borko, Skift Research | 6 years ago

Travel Startups Work With Breakthrough Technologies That Could Threaten Industry Leaders

Startups

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

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.

Seth Borko, Skift Research | 6 years ago

New Skift Research Report: Venture Investment Trends and Startup Opportunities in Travel 2018

Online Travel

The Luggage Industry Keeps Adding Tech Gimmicks to Boost Sales

At this year's annual travel goods industry conference, it's obvious that the hot trend among manufacturers is to add USB ports, battery packs, and location-aware beacons to their luggage.

Sean O'Neill, Skift | 7 years ago

The Luggage Industry Keeps Adding Tech Gimmicks to Boost Sales

Online Travel

A Data Dive Into European Venture Capital: Top Companies by Funding

Diving into the data of European VC reveals that while new tech-hubs are emerging, the landscape is still vastly dominated by the traditional trio of well-established tech-hubs. Namely London, Paris, and Berlin.

Dave Montali, Skift | 7 years ago