Smart tourism startup Lvji has received a RMB 120 million B round of financing, backed by Qianhai FOF and Pufeng Fund. Lvji is a location-based smart tour guide featuring GPS positioning, automatic interpretation, route recommendation and other functions through Apps, WeChat accounts, website and service terminals in attractions. The smart tour guide’s cornerstone function is a hand-drawn cartoon map [...]
Swvl, an Egyptian startup that is disrupting the way commuters travel in the MENA region, has raised series B funding of “tens of millions of dollars” to enable the company to solidify its position as a global leader in building tech-enabled public transportation and finance the launch of its R&D facility in Berlin, Germany. read [...]
IfOnly, a San Francisco-based online marketplace that offers more than 3,000 unique experiences to its adventuresome users, has raised $20 million in Series D funding led by MasterCard, which was joined by other strategic investors, including Hyatt Hotels and Sotheby’s. read more
Nor1, Inc., the leader in hospitality upgrade, upsell, and merchandising technology, has acquired Stay Delightful, a messaging-based guest service and ancillary revenue generation platform for the hospitality industry. Based in Denver, CO, Stay Delightful enables hotels to connect with guests pre-, during, and post-stay over SMS and communicate across their teams through a web interface [...]
El pasado 5 de diciembre se celebró el Travel Innovation Summit Mallorca 2018, organizado por Top Seeds Lab, con presencia de directivos de empresas turísticas, emprendedores e inversores en Travel Tech. En el mismo hicieron su presentación, ante un Jurado de Expertos conformado por Limited Partners de la Sociedad de Capital Riesgo Travel Tech 1, de la que [...]
The winners of Summit and Launch, held November 7 and 8 during The Phocuswright Conference, have been announced. During Summit, 24 innovative startup and emerging companies and the winners of Battleground: The Americas, APAC and EMEA demonstrated groundbreaking applications and solutions set to change the travel industry. Launch featured nine established companies unveiling their travel innovations. [...]
Data has shifted the foundation of the hotel industry. Managers can now segment guest profiles to infinite degrees, creating a comprehensive picture of who’s staying at their properties. Managers can also track guest habits, interests, preferences and any unrecognized revenue opportunities or paths to stronger brand loyalty –– it’s all in the data. The question [...]
Simon Breakwell, Venture Partner, Technology Crossover Ventures, at the Phocuswright Conference in Amsterdam shares his vision of how Amazon, through Alexa, will enter into the "search" space colluding with Google; and how Facebook, with its different platforms, has the potential to disrupt the travel industry
Gilles Despas, Chief Marketing & Digital Officer, Thomas Cook Group plc, explains at the Phocuswright Conference in Amsterdam his vision about distribution and channels
Terry Kane, Head of Travel, Facebook, explains at the Phocuswright Conference in Amsterdam that some companies are already transacting on Facebook and for instance, a restaurant could be easily booked, but there are still a lot of way to go.