Travel in Southeast Asia is steadily growing, but the industry is not technologically prepared to meet digital expectations of the 21st century. There’s a lot of opportunity in changing that.
Despite the emphasis that the Indian Prime Minister places on the tourism sector, the underutilization of funds raises some very pertinent questions about the tourism focus for the government.
This is the second business travel startup in the last three weeks that has raised money to expand in Latin America. There's a big market to modernize.
The companies that got the most funding fall in line with trends we've seen: Hotel tech, business travel tech, and anything focused on the burgeoning Indian travel economy.
GoStops' successful Series A funding is an indicator of investor confidence in the growing popularity of alternative accommodations. As young Indians with focus on budget and unique experiences take over the travel scene in the country, GoStops has the potential to gain, provided it can keep up with rising competition.