[ad_1] Hotel digital twin company Hotelverse, a PhocusWire Hot 25 Travel Startup for 2023, has closed its Series A fundraise with a €5 million investment to bolster technology development and foster expansion. The round was led by GED Conexo Ventures, with participation from Faraday Venture Partners and Eoniq Fund and also from existing partners Sabadell VC […]

[ad_1] Skift Take Overtourism has become a pressing issue, and several destinations have unveiled strategies they believe will better help them manage visitor numbers. Rashaad Jorden Dozens of destinations worldwide have struggled to manage a surge in visitor numbers in recent years and a growing number of communities are expressing frustration with mass tourism. So […]

[ad_1] The Chinese government notes that the Golden Week holiday which began today, 1st October, may not necessarily mean more spending on the part of those travelling both in and out of the country. Given China’s current economic slowdown and historically low consumer confidence, many people will be taking longer trips for the holiday but […]

[ad_1] Amid growing recognition of the power wielded by the Big Tech players, governments worldwide have pushed to enact new regulations and increase antitrust efforts. While the U.S. has targeted individual companies including Google, Amazon, Apple and Meta via antitrust litigation, the European Union (EU) has led efforts to enact new legislation aimed at shaping […]

[ad_1] For all the buzz around India tourism, arrivals from foreigners in the first six months of 2024 were underwhelming: just under 4.78 million. That’s nearly 10% less than arrivals of 5.3 million in the same period in 2019. Bangladesh emerged as the top source country for India, accounting for nearly 22% of visitors, according […]

[ad_1] Travel and experiences platform Klook is positioning itself for its next phase of growth as it celebrates its 10th anniversary. The company is focusing on the booming creator economy, deeper social commerce integration and expanding its footprint across Asia with a keen eye on Western markets.  Speaking to WiT, Marcus Yong, vice president of […]

[ad_1] Skift Take Alaska’s success for Carnival, the world’s largest cruise company, points to the ongoing popularity of the cruise industry. Dawit Habtemariam Carnival Corp. said Monday that Alaska has emerged as one of the cruise line operator’s top destinations this year, especially for first-time cruisegoers. “Alaska, in particular, for this past year was off […]

[ad_1] Shanghai showed off the best it had to offer travellers at its World Tourism Day showcase event on Friday, 27th September, at the Liu Haisu Art Museum. Titled Feel Shanghai: Travel as a Local, the event was organised by the Shanghai Administration of Culture and Tourism and handled by Shanghai Daily. Its aim was […]

[ad_1] Less than seven months after it raised $110 million in funding at a $1.2 billion valuation, Mews is at it again – this time bringing in another $100 million in financing led by Vista Credit Partners, the credit-investing arm of Vista Equity Partners. The Amsterdam-based hospitality technology company said it will use the fresh […]

[ad_1] Skift Take The Chinese travel wave is slowly making a comeback, but travelers have new habits and expectations. Companies need to step up by offering more flexibility and personalized experiences with a focus on value. Peden Doma Bhutia Around 128 million Chinese travelers will venture abroad in 2024, according to the latest survey from […]