Travel, tourism and hospitality has always been a wonderful arena for entrepreneurs and other companies to play in.
Like a kid in a sweet shop, there are endless consumer and industry pain points all apparently crying out for a solution, whether it’s the somewhat irrational desire to run an airline or a firm belief in coming up with the “next big thing” in travel technology.
Whatever the case may be, the majority of these new companies are small, or at least have to start out as bit-players.
Read full story at:http://www.tnooz.com/2011/06/20/tlabs/is-big-funding-the-only-way-to-go-for-travel-startups/