As we move into 2023, there are some exciting new developments that are set to shape the way we travel. In this blog post, we will take a closer look at some of the newest trends in the travel industry for 2023.
This post firmly offers advice to travel startups and companies starting to raise capital, have partially raised a round, or any travel startup that needs more capital & revenue. Remember that my viewpoint refers to capital raising and funding, not the overall travel market, which will likely be strong through Q4 2022, as I addressed in an earlier post. Capital Is Scarce For...
If I ran a travel startup or company, I would actively plan for 18 months of challenging capital raising times starting Q1 2023. You need to survive the next 12 months and, in all likelihood, the next 18 months without raising any additional capital. Act now if your travel startup expects to run out of money in the next six months. Make the tough decisions now to...
Our beloved travel companies are one sector bucking the trends (cue long overdue applause and cheering). This bucking of the trend is (a) not being fully appreciated or recognized, (b) it's essential to focus on the positive in addition to the negative, and (c) for travel companies to make hay while the sun is still shining.
The travel industry is NOT experiencing the case of "rising tides lift all boats"; the tide (for the travel industry) isn't rising that fast, nor as broadly, to warrant this characterization, in my opinion, as of Sep 2022. At the moment and in the future, successfully investing in travel requires an experienced travel industry veteran point of view to know where to invest and...
