In the UK at least, 56% of holiday rental dates go unsold due to the complexity required to manage the various listings.
Airbnb confirms that weekly Experience guests have grown by 20% since January 2017. It is receiving upwards of 1,200 requests a week from hosts for new Experiences.
Travel technology startups have raised $15 billion since 2013 across 1,300 deals, yet the climate for investment is changing.
Despegar‘s Q3 2017 financials saw it increase revenues by 24% to $131.5 million, gross bookings up 32%, and packages, hotels, and other travel products made up 55% of the total revenue.
Research shows that the majority (57.84%) of visitors to travel accommodation sites are women and that female comprises nearly two-thirds of all travelers.
Amazon claims at least two-thirds of the consumer market for voice-activated devices and wants to gain parallel market share dominance in enterprise use by pushing its Alexa service.
The Expedia/Webjet packages in the "new operating model" are being forecast to bring about net benefits to the tune of £160 million-£180 million by 2020.
Atcore, the tech provider to the likes of Mark Warner, Neilson, TUI and Thomas Cook, comprises two individual platforms: Atcom and Tigerbay.
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