Laurence Tosi travel tips

Laurence Tosi, founder and managing partner of investment firm WestCap, views the short-term rental industry as a major winner coming out of the pandemic. But he thinks the boom experienced in recent years is winding down.

Flyr, an airline retail platform, said Thursday that it has raised a $225 million series D round, one of the largest single raises ever for a travel tech company and the largest so far this year.

Skift, Inc., the most influential media company in global travel, and ShortTermRentalz, a division of the International Hospitality Media portfolio that provides the news and intelligence for the short term rental industry, are announcing a content and media partnership to share fresh ideas and insights at their respective events.

Good morning from Skift. It’s Thursday, June 8. Here’s what you need to know about the business of travel today.

For the first time in his 25 years as an investor, WestCap Founder Laurence Tosi says that the short-term rental market and overall economy possess the most extreme economic health indicators he has ever seen. With strong positives and negatives, it is hard to gauge what will happen next.