The pandemic brought one positive and unexpected result. Over the last few decades, a trend had established itself, which, in the last decade, had seemed set in stone: new business formation had seemed to be in permanent decline. Despite numerous new policies and incentives, nothing that had been attempted had Read more…
Age should be no barrier to starting a new business. The AARP mentions that more older people are embracing entrepreneurship as a way to spend their time in their old age Being a more senior entrepreneur does have its own set of challenges that one needs to overcome. Unlike those Read more…
The speed of technological innovation has accelerated over the last few years. The global health crisis poured rocket fuel into the engines of innovation and resulted in a wave of technological adoption whose breadth and speed was unprecedented. The travel industry has not been left behind. Hit hard by the Read more…
The obvious answer is money. You need money to start a hotel, but you can have all the money in the world and still fail to have a high-quality hotel. Let’s assume that you have the requisite capital or access to capital to start a hotel. Most probably, you do Read more…
The San Francisco-based hospitality and lodging startup, Sonder, has recently agreed to go public after a successful merger with billionaire investors Alec Gores and Dean Metropoulos, valuing Sonder at nearly $2.2 billion. CEO and co-founder, Francis Davidson commented in a Reuters article how the startup saw a 19% decrease in Read more…
The air travel intelligence company, ARC (Airline Reporting Corporation) released data earlier in August, claiming that the total net sales of air travel agencies topped more than $4 billion in July 2021. Although the total number of passenger trips decreased by 4% and domestic trips dipped by 2%, these figures Read more…
As the travel industry slowly returns to normalcy, some changes in how travelers will be able to pay for those vacations are also now quickly changing. Recent developments in the cryptocurrency industry have enabled travelers and travel sites such as Travala.com and Zomato to accept large forms of crypto as Read more…