Skift Take A million dollars isn’t cool. You know what’s cool? $1.3 billion in moneying to date. Sean O’Neill This week, travel startups announced more than $279 million in financing. >>TripActions, a company travel management startup, raised $275 million in a Series F round at a post-money appraisal of $7.25 billion. Greenoaks led the round. Other financiers included Elad Gil...
United Airlines announced earlier this month it was launching a corporate venture-capital fund that will invest in startups strategically relevant to the Chicago-based airline, one of largest U.S. carriers by market share. United Airlines Ventures will target startups to help it keep up-to-date on new technologies rather than to seek high returns in a strictly financial play. To learn more, Skift...
Skift Take The consulting giant focus on business travel and remote work trends in its most current yearly tourism outlook, while labor scarcities also dominate the year ahead. Matthew Parsons Deloitte has placed corporate travel front and center in a brand-new international report, enhancing the effect remote workers will have on hospitality brand names over the coming years. In particular...
Skift Take The freshly broadened partnership in between Southwest Airlines and Sabre GDS is now live, bringing the airline company to a higher operating level via Sabre: an advantage for business travel supervisors and take a trip management business industry-wide. Southwest Airlines After much anticipation and cooperation between the 2 business, Southwest Airlines went live with their recently...
Skift Take Significant hotel business like Marriott and Hilton want franchisees to believe larger is much better in regards to signing a branding offer. Standard International wishes to show you can stay independent and punch above your weight– however having cool element and financial backup still assists. Cameron Sperance Three hotel openings might not seem like much, but this trio tosses...
Skift Take Like France, here’s another nation prepared to show faith in the power of the double dosage. Summer simply took a step better. Matthew Parsons Canadian Prime Minister Justin Trudeau is preparing to relieve border constraints for tourists who have been totally vaccinated versus Covid-19, Bloomberg reported on Monday, pointing out people familiar with the conversations. Canada is...
Skift Take Skift IDEA Awards is the travel industry’s yearly acknowledgment of excellence in design, imagination, and development. Here’s the shortlist of this year’s finalists. Matt Heidkamp Each year, Skift IDEA Awards celebrates the brands and companies developing new and better methods to travel. The tasks entered this year pressed limits in design, imagination, and...
Will negative chatter in user evaluates about Sonder, the hotel and short-term rental business, have any effect on its anticipated public market debut in 2021 through an unique purpose acquisition company merger? We took a look at Trustpilot’s user review ratings and review ratings for Sonder and Vacasa, the property management company that is also slated to go public this year, to assess...
It was the travel bubble that appeared to outlast all others– the Atlantic maritime provinces of New Brunswick, Nova Scotia, Newfoundland and Labrador, and Prince Edward Island took pleasure in unlimited travel last summer throughout their respective borders, while staying closed to the rest of Canada. The bubble paused in the winter due to Covid spikes, with plans to be restored this year...
Southwest Airlines incoming CEO and Executive Vice President Robert Jordan spoke with Airline Weekly Editor Madhu Unnikrishnan at Skift Global Forum 2021. The two discussed the theme “Aviation’s Inflection Point: How the U.S. Moves Forward From Here.” You can watch a full video of their discussion as well as read a transcript of it, below. Madhu Unnikrishnan: Good morning, everyone. Thank you...