When Covid-19 hit the world back in March, almost all sectors of the economy were affected in various ways. The travel and hospitality industry was hit the hardest, thus experiencing the worst crises in the world. As a result, many travel corporations and startups undertook massive layoffs for the months that followed.
Further, the number of funding rounds and investments in venture-backed travel startups declined. At the same time, the early-stage startups couldn’t get new venture capital money to support their growth. Therefore, the pandemic changed the way people travel and investments in the travel industry for the foreseeable future.
However, despite the crisis, there are those who saw an opportunity, and many winners were born. Startups such as Airbnb have shown that getting away is not a luxury but a necessity for many people. Further, the remote work concept has changed the way people perceive accommodations. Here are the 10 travel startups that are transforming the travel industry.
Many people have not been able to travel for reasons such as time, financial, physical, or more. However, with Florida –based startup, travelers can learn about other places in the world without going there in person.
Therefore, a working professional just books on-demand remote guides across the world, and then through video call, Port gives you an extra pair of eyes and hands to help you be different locations at the comfort of your home. For instance, you can get access to trade shows, expo, or retail research all from your office or home and with the help of a bilingual guide to help you speak with exhibitors abroad.
The Singapore-based startup is the first eSIM store across the world to offer affordable mobile data freedom when traveling in over 190 countries and regions. Travelers get frustrated when buying a local SIM card and also get charged high fees by carriers such as AT&T when they use their data plans.
Airalo identified that need and came up with the eSIM store. Further, smartphone makers have added eSIM in these devices to help users buy temporary mobile data plans when on holiday abroad.
With Airalo’s mobile data plans, a traveler can communicate and browse the internet because it runs on the local network and is separate from the standard mobile data plan you use in your country.
As a result of the pandemic, many travelers are not able to attend meetings or events in different parts of the world. However, with this London-based startup, organizers can create a virtue, in-person or hybrid event of 50 to 50,000 persons such as an annual conference, no matter where the attendees are.
Also, the host can customize the event as per their requirements as well as allow attendees to move in and out of the rooms. The travel company has closed its Series B round of $125 million with a valuation of $2.125 billion.
The Spanish platform offers all-in-one solutions to the hospitality industry. The goal is to centralize all the tools hoteliers use to run their property into a single easy-to-use platform. This platform offers convenience, increases direct bookings, and saves costs.
With over half a million B&Bs, hotels, and cottages in Europe, Amenitiz believes this huge market is underserved while the existing industry-specific solutions are costly.
As the world welcomes a new working model as a result of Covid-19, gauging employees’ productivity is becoming increasingly difficult. Thus employees are afraid that they will not receive the recognition and reward they desire because of working remotely.
However, the San Francisco experiential employee recognition and reward startup has built software for the modern workplace. Blueboard offers a curated experience such as giving employees a trip with their family rather than giving them cash and gift cards. The once-in-a-lifetime experience inspires the team to live their best lives.
6. The Hotels Network
For hotel brands to survive the current environment that was created by the pandemic, they have to increase their direct bookings by being innovative. With its state of the art software, the San Francisco startup helps hotels attract, engage and convert visitors using predictive personalization that offers them a unique user experience.
With The Hotels Network’s predictive algorithm, hotel owners and marketers can review the message on their sites in real-time, thus helping to give visitors a personalized experience.
Since the onset of the Covid-19 pandemic, organizing events and meetings has become increasingly complicated. However, Troop helps corporate travel managers and planners to pick destinations on the basis of objective intelligence and not merely on opinion.
Thus the Spanish travel startup picks destinations based on various factors such as travel time, cost, ease of travel, carbon footprint, visa requirements, and more. Additionally, Troop has added security and surface safety information functions on its platform because they have increasingly important.
The startup company builds software and allows travelers to pay for their holiday trips in installments, but it pays the providers upfront. Flyto offers travelers a very lucrative deal, thus motivating them to travel more regularly. Further, the London-based firm gives its users more flexibility and freedom to go to the places they love. The startup is backed by Telefonica and MasterCard.
Airlines and other travel companies can now improve their customer experience and increase revenue due to Smooss’ tailor-made solutions.
The France-based travel startup is a merchandising and customer care platform for hospitality, airlines, railway, and travel agencies. A business can use its disruption recovery solution to ease rebooking after a flight cancellation, facilitate a refund or offer an alternative.
The London-based startup picks up luggage inside M25 and delivers them to Heathrow or Gatwick airports. It also offers additional services such as checking in bags remotely. Thus, with the forecasted increase in international arrivals, a company that takes away the hassle is what airline companies are seeking, and Airportr is just offering that and planning to branch out geographically.
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