Technology has permeated our daily lives, altering how we work, shop, eat, and spend our leisure time.Constant technological advancements have benefited the travel industry as well. We can now book hotel rooms, flights, sightseeing tours, and other activities from our smartphones and plan entire vacations.
Now, traveling has become an essential part of our way of life. According to the global travel technology glory days bay market it is estimated to surpass the $12 billion mark by 2026 growing at an estimated CAGR of more than 7.7% during the forecast period 2021 to 2026.
With the benefits of travel in mind, some brilliant minds decided to launch a venture in the travel industry. The market is expected to reach $9 billion by 2025, thanks to an influx of modern travel start-ups and changing trends.Travel startups are assisting users with tailor-made plans to make their holidays hassle-free, from booking tickets to providing exciting offers and deals from time to time
We have narrowed down the list of 4 travel tech startup that clout the technology to revolutionize Travel Industry:
Alike.io the world’s first content creator focused Travel Commerce platform that incentivises content creators by sharing revenues of bookings influenced by the creator. Launched in collaboration with Dubai Tourism, Alike.io is the flagship offering of travel tech innovator – kitmytrip. Powered by their e-commerce enabled no-code platform, Alike.io offers the content creators (the Insiders) their own studio to showcase their travel content, boosting the success of a whole new set of travel micro-entrepreneurs – the Travelpreneurs.
Alike.io’s uniqueness is their capability to make the travel content bookable. For this Alike.io has already done tie-ups with experience providers across 200 global destinations, which is being made live on the platform in phases over the coming months. Building on their rapid growth, Alike.io is already collaborating with marquee brands like Zomato, SBI, Dubai Tourism to bring the benefits of their platform to the global traveller.
Mint House :
Mint House combines the classic comfort of home and the modern luxury of a hotel, giving guests all the perks and none of the tradeoffs. We’ve ditched losable key cards, long lines, room service and other relics for the things we miss when we travel—kitchens, groceries, workout routines, and the space to spread out. Every part of the Mint House experience is powered by smart technology, making your stay personal, predictable and effortless.
Quietly transforming the hospitality landscape by setting a new standard in travel payment from any direct touchpoint.Amid this global transformation that has crippled the hospitality industry, Selfbook aims to propel the industry forward by empowering hotels with better ways to recover and reconnect. By improving their direct booking conversion, hotels can increase revenue and save up to 25% on commissions and fees while elevating the customer booking experience online.
SafetyWing is building the first global safety net for remote companies, remote workers and nomads worldwide. Our products are built and designed by a fully remote team of nomads distributed across three continents.Starting with Nomad Insurance – a travel medical insurance for nomads, and our most recent product, Remote Health – comprehensive health insurance available for remote companies and individuals worldwide. We are building out a product collection of insurance, pension savings and income protection – that in the future will be available as a membership.