Flight subscriptions are taking off.We all want to jet off and get back to exploring all this world has to offer, and it’s getting more financially-friendly to do so. Barcelona-based Caravelo, a startup that’s pioneering flight subscription and revenue optimization models for airlines, has just picked up a €3 million funding boost. The company is flying high, expecting a 4x growth by the end of 2022. Flight subscriptions are good for airlines and travellers – it makes booking that trip all the more appealing and also gives providers a steady stream of income – win-win and a big plus for fintech innovation in the travel sector.
Hospitality businesses now have a level playing field in the google review game.Amid growing labour shortages in the hospitality sector and increased customer demands, achieving customer excellence is getting tricky for lots of businesses. At the same time, leaving reviews on our experiences is a growing pastime and for most of us, checking out Google reviews is a must-do before deciding on a restaurant, bar, hotel and so on. Helping businesses in the hospitality industry optimise how people experience their visit and activate staff on-the-spot to provide better attention to guests, Dutch startup Viqal has now raised €500k in pre-seed funding. The startup has developed a tech powered by acoustic smart sensors and AI that analyses customer experience in real-time, giving instantaneous and actionable info to employees.
Digital marketplaces are bringing real-life experiences – and they’re skyrocketing.As British startup Holibob announces a $12 million Series A round, it’s clear that digitalisation of travel is fueling a renaissance of in-person, real-life experiences. The travel industry perhaps perfectly emulates how tech can enhance real-life, rather than take away from it. The startup’s tours and attractions digital marketplace enables companies in the industry to connect the right products with the right travellers at the right time. It’s been successfully driving growth for partners like Amadeus, KAYAK and Secret Escapes. This funding comes after the firm acquired TourismSolved in April and reported a 6-fold growth in the past 6 months.
Dubai-based Swvl is taking on the shared mobility sector with its latest acquisition.Across the world, there’s a diverse array of mobility platforms and services – all underpinning an aim to offer smart, affordable and accessible transport to the masses. Marking itself as a global leader in the space, Dubai’s transit tech specialist Swvl has announced plans to acquire Mexican shared mobility platform Urbvan Mobility. This will be the 6th acquisition for the company in the past year – after picking up smart bus platform Zeelo and Volt Lines in April as well as European mobility platform Door2Door.