I really struggled with what direction to go on in my first post focused on the intersection of travel and technology. The industry of travel is so exciting and moving extremely fast that it is tough not to get overwhelmed with all the information that is out there. If there’s a topic that you would like me to write about please don’t hesitate to in the comment section below and I am happy to write about it.
For those of you who aren’t as up to speed with travel trends, consider the impact of Facebook‘s Messenger bot to major travel brands including Kayak, Skyscanner and Expedia, Iceland Air‘s Stopover experience and the array of large hotel chains that have created brands that focus on millennials. And we can’t forget about the growth of the sharing economy with AirBnb, Uber, tons and tons of location-based services like Tripr and Tourli, and that doesn’t even scratch the service.
The entire travel industry has so much potential that large companies like Facebook Travel and Google Travel (Google Trips App, Google Flights and much more) see the potential in making billions. As mentioned above, AirBnb is a HUGE player, especially with $850 million in funding from Google Capital.
We can’t forget about the impact that Online Travel Agencies (OTAs) like Expedia, Booking.com, and Agoda have on the hotel industry. They offer a service that has been successful and makes a large chunk of change. More to come on this topic.