Chris Hemmeter travel tips

Ahead of Phocuswright Europe in Barcelona on June 10-12 and on the heels of what PhocusWire editors are calling “easily the biggest week so far for generative artificial intelligence” in travel, travel leaders have shared their thoughts about how artificial intelligence has impacted the travel experience so far – and where they think it’s headed in the future.

Skift Research’s latest report explores the state of venture capital investment in the travel industry. Below we present 5 key insights and takeaways.

Good morning from Skift. It’s Wednesday, June 5. Here’s what you need to know about the business of travel today.

Chris Hemmeter, managing director at Thayer Ventures, and Kurien Jacob, partner and managing director, Highgate Technology Ventures, spoke Tuesday at Skift’s Data+AI Summit. One theme: How hotel tech needs to evolve.

We are thrilled to unveil the first round of speakers for the highly anticipated inaugural Skift Data + AI Summit, set to take place in New York City on June 4th. This summit promises to be an electrifying convergence of minds at the forefront of data and generative AI, shaping the future of the travel industry worldwide.

The hotel tech startup Mews has completed five acquisitions in the past three years. Its CEO, Richard Valtr, told Skift last week that there are two more underway. 

Verint provides customer service software to roughly 40 airline clients, among those other verticals. The Long Island, New York-based company is still gaining new airline business, but much of it is coming from existing customers. 

U.S. startups have honed the process of failing fast and learning through minimal viable product adaption — a lesson the Middle East and North Africa (MENA) funding ecosystem should leverage.