Travel tech startups catering to a post-Covid-19 world are attracting investor attention. In this interactive report, we dive into the industry's investment activity, notable deals, emerging trends, and more.
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Global tourism has been hit hard by the Covid-19 outbreak, leading to a 74% drop in international arrivals in 2020, according to the World Tourism Organization.
The global travel tech startup space has severely suffered as a result, with total equity funding dropping by 33% between 2019 and 2020, from $6B to $4B.
Although deal count hit a 7-year low in Q3’20, it began to recover in Q4’20, signaling that investors aren’t completely shunning the travel tech space. Startups offering accommodation solutions to remote workers or focusing on outdoor and local activities have recently gained investors’ attention as they appear well-positioned for a post-Covid-19 world.
In this interactive report built with CB Insights Stories, we look at the latest trends in the travel tech space. This 15-slide interactive deck covers:
- Global annual funding trends
- Global quarterly funding trends
- Deal share by stage breakdown
- Emerging themes across recent notable deals