From offering a smoother traveler experience to implementing blockchain solutions, major airlines are increasingly looking to startups for innovation.
Elon Musk is CEO of Tesla and SpaceX, has plans to colonize Mars, and thinks AI may turn humans into its pets. But beyond the hype and his enormous net worth and Twitter presence, here's how Musk's companies are actually taking on ... virtually every industry.
With VC and corporate interest on the rise, the industry looks towards AI, blockchain, and other technologies to help drive innovation.
Paris-based AccorHotels is implementing an ambitious digital transformation plan. Despite some early missteps, the hotel chain's quest to build a full-service hotel platform has just begun.
Incumbents in the air travel and hospitality spaces are rolling out novel fitness offerings — from in-flight workouts to spin bikes in hotel rooms.
With several $1B+ acquisitions and multiple smaller deals across the globe, Expedia, TripAdvisor, Ctrip, and Priceline have focused on consolidating their positions while scouting for new growth areas in travel tech.
Airbnb reimagined travel accommodation, creating a niche in the industry. Now it's expanding its inventory, targeting luxury and business travelers, and going up against Priceline, Expedia, and others. Its success will hinge on competing with these giants while retaining the identity that set it apart.
Travel incumbents facing disruption are stepping up their game by backing a record number of travel tech startups, alongside other corporate investors.