Travel booking

Beijing will become the most popular tourist destination during the traditional Chinese Mid-Autumn Festival as the Universal Beijing Resort plans to officially open its doors to visitors on September 20, ThePaper reported on Thursday.

Search volume for flights to Beijing topped 11 times in 30 minutes compared to the same period last week when the station announced its opening, the online outlet said, citing the online platform Qunar.

Data from online travel agency Lvmama showed that after the announcement, search volume based on the keywords “Beijing Universal” jumped seven times from the same period last month.

Beijing has maintained its lead as the most popular tourist destination for days with its search popularity far ahead of other cities, according to online travel booking platform Ctrip.

On September 6, the number of people booking travel products in Beijing during the Mid-Autumn Festival holiday through Ctrip increased eightfold from August 20. , up about 20 percent from last year, Ctrip said.

Outside of Beijing, airline tickets to other cities posted a “good price” during the Mid-Autumn Festival holiday.

Currently, the average price of a plane ticket booked through Qunar was only 600 yuan, the lowest price in history, ThePaper said.

Some plane ticket prices are even cheaper than train tickets, such as the plane ticket from Zhengzhou to Ningbo 362 yuan while the price of the second class high-speed train ticket is 528 yuan. The ticket price from Tianjin to Lanzhou is 393 yuan for the plane and 694 yuan for the train, while it is 219 yuan and 757 yuan, respectively, from Xi’an to Kunming.

As the COVID-19 epidemic situation on the Chinese mainland stabilized, some provinces announced the removal of the ban on interprovincial group travel, and some tourist attractions began welcoming tourists. .

Compared to Aug. 20, the volume of inter-provincial group travel and independent travel orders booked through Ctrip jumped 365% on Sept. 20, and family travel order volume jumped 550 percent, ThePaper said. .

Guiyang, Hulun Buir, Chengdu, Sanya, Urumchi, Jiuzhaigou, Hohhot, Xining, Enshi, and Huangshan are popular destinations for family trips.

The short-haul route is still the mainstream, and car and high-speed trains from central towns to neighboring towns and counties are in high demand, ThePaer said, citing online travel agency Tongcheng-eLong.

In addition, many tourists this year choose to spend their mid-autumn vacation in themed hotels. According to Ctrip, the search volume for themed hotels has increased by 82% in recent days.

The irritation examination and the SWOT survey are also considered in each of the five survey associations. The exploration focuses on a few key regions and remembers basic data for income, creation, cost, and share of the pie. It also reflects on current and future models, as well as what they mean for current and future industry circumstances. This exploration offers an in-depth assessment of the moving elements of rivalry, as well as a forward-looking perspective on the key components that are driving or limiting the development of the mobile travel reservations market.

Different plans, graphs and tables are used to show a good understanding of this area. People and organizations in the mobile travel reservations market have also been impacted by the COVID-19 pandemic.

Get a sample copy of the report to understand the structure of the full report

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Main key players: MakeMyTrip Pvt. Ltd., Airbnb Inc., HomeAway, trivago, Expedia Inc., Delta Air Lines Inc., Skyscanner Ltd., KAYAK, Cleartrip Pvt. Ltd., and Wego Pte. Ltd.

Segmentation of the mobile travel reservation market:
Product type coverage

Transport reservation

Accommodation reservation

Others

Application coverage

Restaurant

Hotel

Transport

Mobile Travel Booking Market: Regional Segment Analysis

More information:

The report includes:
1.) Basic information;
2.) The mobile travel reservation market in Asia;
3.) The North American mobile travel reservation market;
4.) The European mobile travel reservation market;

There are various dynamic characteristics of the business, such as customer needs and customer feedback.

Mobile Travel Booking Market report will aggregate all sections and searches for every point without showing any undetermined of the company.

If you have any special requirements, please let us know and we will offer you the report you want.

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Market Study Report, LLC adds the latest research report on “Online Travel Booking Platforms Market” which provides a comprehensive study on current industry trends. The result also includes revenue forecasts, statistics, market assessments that illustrate its growth trends and competitive landscape as well as key players in the business.

The business intelligence report on the Online Travel Booking Platform market is aligned with key trends in the competitive and geographic landscape that are expected to influence the growth trajectory of the industry in the coming years. In addition, it discusses the issues plaguing the industry and outlines the opportunities that will enable business expansion in existing and untapped markets. Additionally, it takes into account changing industry dynamics since the start of the Covid-19 pandemic to help stakeholders make informed decisions.

Request a sample report on Online Travel Booking Platforms Market at: https://www.marketstudyreport.com/request-a-sample/3591102?utm_source=groundalert&utm_medium=RV

Analysis of the impact of COVID-19:

• Implications of Covid-19 on the global economy.
• Changes in the share of demand and the supply chain.
• Short- and Long-Term Perspectives of the COVID-19 Pandemic on Business Expansion.

An overview of the regional landscape:

• According to the report, the market size of the online travel booking platform is fragmented into North America, Europe, Asia-Pacific, Southeast Asia, Middle East and Africa, South America.
• The report calculates the performance of each regional market based on their growth rate during the forecast period.
• Information on the accumulated sales, accumulated income and growth rate of each region is also included.

Report responses to the following questions:

• What are the factors driving the growth of the market?
• What factors are holding back the growth of the market?
• What are the future opportunities in the market?
• Who are the most dynamic companies and what are their recent developments in the online travel booking platform market?
• What key developments can we expect in the years to come?
• What are the main trends observed in the market?

Other Highlights of Online Travel Booking Platform Market Report:

• The competitive arena of the ++ market is represented by leading players such as itravel2000, eDreams, lastminute.com, Booking Holdings Inc (KAYAK, Priceline.com), Redtag.ca, MakeMyTrip Ltd., Air Transat, Central Mountain Air, Travel Superstores Inc., Sunquest, Airbnb, Sunwing Travel Group, TripAdvisor Inc., Northwestern Air, Ctrip.com International Ltd., Porter Airlines, Thomas Cook (India) Ltd., Flight Network, WestJet, Air Canada, Hostelworld. com Ltd. , Jazz Airlines, Expedia Group (Expedia.ca, Hotels.com, Hotwire.com, Travelocity.com) and TUI AG.
• Critical information about the products manufactured, business profiles, market compensation, and production trends of the market majors are included in the report.
• The study highlighted the specifics related to the market share held by each company, in tandem with their pricing models and gross margins.
• The product landscape of the online travel booking platform industry constitutes Packages andDirect.
• Sales and volume forecasts for each product category are recorded.
• Other vital elements such as growth rate, market share and production models of each product segment are also highlighted.
• With respect to the application spectrum, the report divides the Online Travel Booking Platform market into Commercial, Individual, Other, Geographically, the detailed production, trade analysis of the following countries is covered: in Chapter 4.2, 5 :, United States, Europe, China, Japan and India.
• The study assesses the market share and predicts the growth rate during the study period for each application segment.
• It lists changes in the competitive environment, as well as a detailed empirical analysis of the supply chain.
• It also boasts of Porter’s five forces analysis and SWOT analysis to determine the viability of a new project.

Reasons to buy the research report:

• Provides in-depth research analysis of the overall Online Travel Booking Platforms Market. which can help save time for entrepreneurs looking to start a business when it comes to the online travel booking platform market.
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• The entire market and information may be available at hand for any entrepreneur or company purchasing the report which can help a start-up or competitor to understand in detail the Online Travel Booking Platforms Market with all the necessary factors.
• Charts, pie charts, and other representations that can help the reader understand information at a glance.
• All the necessary market information that can help a manufacturer understand consumer behavior, business segments and sell products based on the research information.
• Most trending coronavirus pandemic impact in the market and industry with all necessary recovery scans.

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Let’s take the ferry, a Greek platform for online booking of ferry and plane tickets, hotel accommodation and car rental, recently announced its collaboration with Panathinaikos BC OPAP, the professional basketball team of the major multi-sport club of Athens Panathinaikos AO

According to an announcement, Panathinaikos BC OPAP is now giving its fans the opportunity to transparent ticket booking via the Let’s Ferry platform.

With just a click, friends of the basketball team can now proceed directly and do multi-route reservations for more than 230 ports around the world (even choosing multiple routes in a single booking) and throughout Greece.

The process is simple and can be done very quickly in just three simple steps through www.paobc.gr/fr/letsferry by selecting the desired ferry route.

According to Stelios Bekiras, business development manager of Let’s Ferry, the cooperation with Panathinaikos BC OPAP is another important step in the development of the company.

“With a strategy of alliances that we serve in a consistent manner, we are building channels with the public aiming to offer the best services at the best prices,” he said.

Christina fotinopoulou, digital director of Let’s Ferry, stressed that the website guarantees transaction security, the most advanced technological tools and unique offers.

“Thanks to their favorite team’s website, friends of ‘Exasteros’ can now easily organize their trip, even to the most remote places,” said Fotinopoulou.

Award-winning online booking platform, Let’s Ferry combines cutting-edge features and is known for its easy, fast and streamlined online search and ticket booking.

To follow GTP titles on Google News to keep up to date with all the latest news on tourism and travel in Greece.

MUMBAI: Up to 90% of those polled in a survey to assess problems in obtaining reimbursement for canceled travel bookings, including airline tickets, as a result of Covid-19, want the government to formulate a pandemic-specific cancellation refund policy.
According to the survey of the online platform LocalCircles, based on more than 37,000 responses received from citizens of 359 districts, some travel agents (online and offline), airlines as well as hotels has not initiated any refund with people losing the full amount of the reservation.
According to the platform, only 12-13% of those who canceled travel bookings due to the second wave of Covid were able to get timely refunds.
“Up to 95% of citizens believe that the current policies of airlines, railways or hotels are not in the best interests of consumers and 90% want the government to come up with a refund policy for travel bookings up to ” until the COVID pandemic is triggered. “said LocalCircles.
The same could be brought by the respective ministries like civil aviation, tourism and railways or by the ministry of interior under the 2005 law on disaster management, adding that people also suggested 3 option trip reservation cancellation and refund policy.
Based on the results of the investigation, the best-case scenario might be to give people the option of either granting a refund within the week and 20% of the amount to be deducted as treatment costs, or a refund within a week. one month time frame and only 10% of the amount to be deducted as a processing fee or no refund, but a voucher for the full amount issued that can be used for future trips within two years, he said .
This way, travelers can be assured that their losses will be limited in the event that they are faced with a cancellation situation due to the pandemic, LocalCircles said.
The platform said it will submit the results of this survey to key central government stakeholders so that they can be used as input into decision-making regarding the formulation of a uniform policy for cancellation refunds. travel reservation system during the Covid pandemic.
According to the platform, while some were able to recover a partial amount, others were asked to book flights and hotel stays at a later date and only 12-13% of those who canceled travel bookings due to the second wave of Covid were able to get a refund on time.
According to LocalCircles, the second wave of the pandemic has forced many citizens and families to cancel their travel plans.
At the time, many citizens reported to LocalCircles about the issues they faced when trying to cancel tickets and hotel stays for their booked summer travel, he said.
Acknowledging the issue, LocalCircles said they had conducted a survey to assess the extent of the problem people faced with travel cancellation reimbursements due to Wave 2 and also asked for the citizens’ pulse on the need for the government to offer a cancellation policy. this applies to airlines, railways, hotels and the like until the Covid pandemic continues, he said.
He also researched citizens’ perceptions of what would constitute a fair and prompt refund if tickets are canceled due to restrictions or Covid risks.
“Ninety percent of citizens said the government should come up with a special policy that applies to airlines, railways, hotels, etc.
Of the remaining 10 percent, 7 percent did not express an opinion, according to the poll.
According to the platform, “only 12% of citizens in the entire survey said the travel agent / airline accepted the cancellation and refunded the full amount” when they made the reservations and decided to cancel, while 32% said they did. not received a refund and lost the ticket amount. ”
While 12% of respondents said ‘the travel agent / airline accepted the cancellation but refunded a partial amount’, and 4% said they received only a small amount as a refund . anything but rebooking the ticket for a later date, LocalCircles said.
“When asked how the cancellation process worked for hotel stay (s) booked for travel during the summer, only 13% said that their cancellation request had been accepted and that they had been refunded the full amount, but 44% responded that they had not. receive a refund and lost the amount of the reservation, ”according to the survey.
This survey question received 8,594 responses.

Up to 90% of those polled in a survey to assess problems in obtaining reimbursement for canceled travel bookings, including airline tickets, as a result of COVID-19, want government to formulate policy pandemic-specific cancellation reimbursement. .

According to the survey of the online platform LocalCircles, based on more than 37,000 responses received from citizens of 359 districts, some travel agents (online and offline), airlines and hotels have not initiated any reimbursement. , people losing the total amount of the reservation.

According to the platform, only 12-13% of those who canceled travel bookings due to the second wave of COVID were able to get timely refunds.

“Up to 95% of citizens believe that the current policies of airlines, railways or hotels are not in the best interests of consumers and 90% want the government to come up with a refund policy for travel bookings up to ” until the COVID pandemic is triggered. “said LocalCircles.

The same could be brought by the respective ministries like civil aviation, tourism and railways or by the ministry of interior under the 2005 law on disaster management, adding that people also suggested 3 option trip reservation cancellation and refund policy.

Based on the results of the investigation, the best-case scenario might be to give people the option of either granting a refund within the week and 20% of the amount to be deducted as treatment costs, or a refund within a week. one month time frame and only 10% of the amount to be deducted as a processing fee or no refund, but a voucher for the full amount issued that can be used for future trips within two years, he said .

This way, travelers can be assured that their losses will be limited in the event that they are faced with a cancellation situation due to the pandemic, LocalCircles said.

The platform said it will submit the results of this survey to key central government stakeholders so that they can be used as input into decision-making regarding the formulation of a uniform policy for cancellation refunds. of travel reservations during the COVID pandemic.

According to the platform, while some were able to recover a partial amount, others were asked to book flights and hotel stays at a later date and only 12-13% of those who canceled travel bookings due to the second wave of Covid were able to get a refund on time.

According to LocalCircles, the second wave of the pandemic has forced many citizens and families to cancel their travel plans.

At the time, many citizens reported to LocalCircles about the issues they faced when trying to cancel tickets and hotel stays for their booked summer travel, he said.

Acknowledging the issue, LocalCircles said they had conducted a survey to assess the extent of the problem people faced with travel cancellation reimbursements due to Wave 2 and also asked for the citizens’ pulse on the need for the government to offer a cancellation policy. this applies to airlines, railways, hotels and others until the COVID pandemic continues, he said.

He also researched citizens’ perceptions of what would constitute a fair and prompt refund if tickets are canceled due to COVID restrictions or risks.

“Ninety percent of citizens said the government should come up with a special policy that applies to airlines, railways, hotels, etc.

Of the remaining 10 percent, 7 percent did not express an opinion, according to the poll.

According to the platform, “only 12% of citizens in the entire survey said the travel agent / airline accepted the cancellation and refunded the full amount when they made the reservations and decided to cancel while a whopping 32% said they did not get a refund and lost the ticket amount. “

While 12 percent of those surveyed said the travel agent / airline accepted the cancellation but refunded a partial amount, and 4 percent said they received only a small amount as payment. refund, there were also 24 percent of citizens who said the travel agent / airline did not refund anything but booked the ticket at a later date, LocalCircles said.

“When asked how the cancellation process worked for hotel stay (s) booked for travel during the summer, only 13% said that their cancellation request had been accepted and that they had been refunded the full amount, but 44% responded that they had not. receive a refund and lost the amount of the reservation, ”according to the survey.

This survey question received 8,594 responses.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

Latin America’s online travel sales, which plunged to $ 9 billion in 2020, are expected to rebound to pre-pandemic levels of $ 22 billion by 2022, according to a recent Statista study.

Online travel sellers were one of the mainstays of the travel industry and they have suffered from the pandemic, but the study suggests they may be rebounding.

In a 2020 survey conducted for the study, booking sites were found to be the most popular options for searching for travel and tourism services among residents of major Latin American countries for that year.

“People in Latin America are very digital, especially in Brazil, Argentina and Mexico, so the study doesn’t surprise me at all,” said Fernão Loureiro, who runs a travel consulting firm in Sāo Paulo. , in Brazil. “In this context, OTAs (online travel agencies) invest a high budget in both social media and newspaper advertisements, commercials breaks and football matches. “

Although online travel agencies were predominant in Latin America, their main uses varied by country. For example, in Brazil, booking sites were mainly used to book flights while they were used to book accommodation mainly in Mexico. In Argentina, online travel sites came first as the preferred channel for booking both flights and accommodation.

“It’s an unstoppable trend in every way, so OTAs will definitely be riding a very positive wave for years to come as people become more and more digital and develop a taste for travel as one of the most popular things. desired life. Said Loureiro.

While Mexico held the highest online travel market share at 46%, Brazil took 31%, according to the study. However, Brazil led the online travel startup market with 82 in 2020 and Mexico came in second with 43 online travel startups.

The study also found that Despegar.com, a company founded in Argentina, has successfully established itself as the leading online travel agency in Latin America, where it controls up to 10% of the market share. The second agency, CVC.com.br, controls around 6.7% of the market share.

Worth $ 22 billion in 2020, the Latin American travel market is expected to reach $ 83 billion by 2024 at best. In the worst case, growth is expected to be $ 56 billion.

You can find the study here.

See the full article

RD.COM Technology

How to spend a lot less money on your next vacation.

Start early (but not too early)

Fares can go up in the blink of an eye, so it’s best to start researching your trip well in advance. The sooner the better, but don’t be overzealous—CheapAir.com recommends booking domestic flights an average of 47 days (and for international flights, 60 days) in advance for the best rates. Outside of these date ranges, airlines are unlikely to advertise competitively. This is what airlines won’t tell you about safety, disgusting airplane habits, etc.

Check rates often

Become a regular visitor to your favorite travel booking sites – this could give you the best bet of getting a good deal. According to Jeff Klee, CEO of CheapAir.com, airlines typically have 10 to 15 different prices for each flight, so their fares can fluctuate within hours. Logging in in advance will give you a good idea of ​​the expected rates; that way you will recognize a deal when it comes up. Once you do, be ready to pounce. “While everyone wants to get a good deal, you can’t be obsessed with finding bargain prices,” Klee said. US News. “Once you see a good deal, grab it. If you see a good deal during the day, chances are it will change in the evening.

Global Online Travel Booking Platform Industry: With Significant CAGR Growth in 2021-2030

New research report on Online Travel Booking Platforms Market which covers market overview, future economic impact, competition by manufacturers, supply (production) and consumption analysis

Understand the influence of COVID-19[feminine sur le Marché des plateformes de réservation de voyages en ligne avec nos analystes surveillant la situation à travers le monde. Demander maintenant

Le rapport d’étude de marché sur l’industrie mondiale des plateformes de réservation de voyages en ligne fournit une étude complète des différentes techniques et matériaux utilisés dans la production de produits du marché des plateformes de réservation de voyages en ligne. À partir de l’analyse de la chaîne industrielle à l’analyse de la structure des coûts, le rapport analyse plusieurs aspects, y compris les segments de production et d’utilisation finale des produits du marché de la plateforme de réservation de voyages en ligne. Les dernières tendances de l’industrie pharmaceutique ont été détaillées dans le rapport pour mesurer leur impact sur la production de produits du marché de la plateforme de réservation de voyages en ligne.

Une fois les normes actuelles du marché révélées, le rapport d’étude de marché de la plateforme de réservation de voyages en ligne a également illustré les derniers développements et modèles stratégiques des acteurs du marché de manière impartiale. Le rapport sert de document commercial présomptif qui peut aider les acheteurs sur le marché mondial à planifier leurs prochains cours vers la position de l’avenir du marché.

Obtenez un échantillon de ce rapport @ https://www.marketresearchupdate.com/sample/206760

Les principaux acteurs clés du marché de la plateforme de réservation de voyages en ligne sont –

itravel2000, eDreams, lastminute.com, Booking Holdings Inc (KAYAK, Priceline.com), Redtag.ca, MakeMyTrip Ltd., Air Transat, Central Mountain Air, Travel Superstores Inc., Sunquest, Airbnb, Sunwing Travel Group, TripAdvisor Inc. , Northwestern Air, Ctrip.com International Ltd., Porter Airlines, Thomas Cook (India) Ltd., Flight Network, WestJet, Air Canada, Hostelworld.com Ltd., Jazz Airlines, Expedia Group (Expedia.ca, Hotels.com, Hotwire.com, Travelocity.com), TUI AG=

Types de produits :

Forfaits directs

Par application/utilisateur final :

Commercial Particulier Autres

Analyse régionale du marché des plateformes de réservation de voyages en ligne

Amérique du Nord (États-Unis, Canada et Mexique)

L’Europe  (Allemagne, France, Royaume-Uni, Russie et Italie)

Asie-Pacifique (Chine, Japon, Corée, Inde et Asie du Sud-Est)

Amérique du Sud (Brésil, Argentine, Colombie, etc.)

Le Moyen-Orient et l’Afrique (Arabie saoudite, Émirats arabes unis, Égypte, Nigéria et Afrique du Sud)

Obtenez une remise sur le rapport de la plateforme de réservation de voyages en ligne @ https://www.marketresearchupdate.com/discount/206760

• Les différents scénarios du marché global ont été décrits dans ce rapport, fournissant une feuille de route sur la façon dont les produits de la plateforme de réservation de voyages en ligne ont assuré leur place sur ce marché en évolution rapide. Les participants de l’industrie peuvent réformer leurs stratégies et leurs approches en examinant les prévisions de taille du marché mentionnées dans ce rapport. Des marchés rentables pour le marché des plateformes de réservation de voyages en ligne ont été révélés, ce qui peut affecter les stratégies d’expansion mondiale des principales organisations. Cependant, chaque fabricant a été décrit en détail dans ce rapport de recherche.
• Le chapitre sur l’analyse des facteurs d’effet sur le marché de la plate-forme de réservation de voyages en ligne met précisément l’accent sur les progrès/risques technologiques, la menace des substituts, les besoins des consommateurs/les changements de préférences des clients, les progrès technologiques dans l’industrie connexe et les changements environnementaux économiques/politiques qui dessinent les facteurs de croissance du marché.
• Les segments de marché à croissance la plus rapide et la plus lente sont indiqués dans l’étude pour donner des informations significatives sur chaque élément clé du marché. Les acteurs de Newmarket commencent leur commerce et accélèrent leur transition sur le marché des plateformes de réservation de voyages en ligne. Activité de fusion et d’acquisition prévue pour changer la marché paysage de cette industrie.

Ce rapport vient avec une suite de feuilles de données Excel supplémentaire prenant des données quantitatives de toutes les prévisions numériques présentées dans le rapport.

Qu’y a-t-il dans l’offre : Le rapport fournit des connaissances approfondies sur l’utilisation et l’adoption des industries de la plateforme de réservation de voyages en ligne dans divers applications, types et régions/pays. En outre, les principales parties prenantes peuvent déterminer les principales tendances, les investissements, les moteurs, les initiatives des acteurs verticaux, les efforts du gouvernement en vue de l’acceptation du produit dans les années à venir et les perspectives commerciales des produits présent sur le marché.

Lien du rapport complet @ https://www.marketresearchupdate.com/industry-growth/europe-online-travel-booking-platform-market-206760

Dernièrement, les L’étude de marché de la plateforme de réservation de voyages en ligne fournit des informations essentielles sur les principaux défis qui vont influencer la croissance du marché. Le rapport fournit en outre des détails généraux sur les opportunités commerciales aux principales parties prenantes pour développer leurs activités et capturer revenus dans les verticales précises. Le rapport aidera les entreprises existantes ou à venir de ce marché à examiner les différents aspects de ce domaine avant d’investir ou de développer leurs activités sur le marché Plateforme de réservation de voyages en ligne.

Nous contacter:

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Each week, we bring together travel startups that have recently received or announced funding. Please email Sean O’Neill, Travel Technology Editor, at [email protected] if you have any news about the financing.

This week, travel industry startups announced more than $ 95 million in funding.

>>Ixigo, an India-based online travel and transit booking app, has raised $ 53 million in funding, according to regulatory filings for the parent company Le Traavenues Technology.

GIC, Singapore’s sovereign wealth fund, led the way, Economic times first reported. Ixigo told Skift he had not released an official statement regarding the news articles.

Info Edge Ventures, White Oak, Bay Capital, Trifecta Capital, Malabar Investments and Orios Venture Partners participated. Sequoia Capital has already invested in the company.

The travel startup is looking to go public later this year, according to media reports.

>>Exotic, a startup that offers multi-day packages, closed a $ 30 million Series C funding round.

14W and Mangrove Capital Partners led the round. Aldea Ventures and existing investors Milano Investment Partners SGR, K Fund, Bonsai Partners, Kibo Ventures and Sabadell Venture Capital also participated. This startup has raised $ 53 million to date.

Barcelona-based Exoticca organizes package tours to over 50 destinations around the world, using experts to design the itineraries. A mix of manually selected products with extensive use of automation to make janitors more efficient allows Exoticca to offer cost savings.

Despite the pandemic, the company increased its sales. Sales of Exoticca are currently 50% higher than before the pandemic overall and are tripling the volume in the United States in particular. The startup said it was generating positive earnings before interest, taxes, depreciation and amortization, which is a measure of profit.

“We are very pleased to partner with 14W and Mangrove due to their experience in creating global category leaders in the technology space,” said Exoticca CEO Pere Vallès.

Exoticca aims to digitize the long-standing agent-led model to create travel packages that include flights, hotels, activities and ground transportation with the help of experts on the ground.

“We believe this is the right time to build a global leader in the package travel category,” said CEO Pere Vallès. The company is currently present in Spain, UK, France, Germany, US, Canada and Australia, offering packages to approximately 50 long-haul destinations around the world.

Exoticca plans to invest in technology and products and possibly make an acquisition. Its model is similar to other startups, with varying degrees of overlap, including: Evaneos, Tourlane, Audley Trip, World travelers, Travel counter, and Explora project.

>>Mr.Fly, a Paris-based online travel agency and travel technology company, closed an $ 11.8 million (€ 10 million) funding round.

Bpifrance led the round through its France Investissement Tourisme 2 fund. Former investor Montefiore, Iris Capital and its founders also participated.

“We are very proud that Bpifrance has joined our historical investors in this stage of our development”, declared Nicolas Brumelot, president and co-founder of MisterFly.

The startup has raised around 47 million dollars (40 million euros) since its inception in 2016. It started as an online travel agency, but is now generating significant revenue as a booking platform for travel professionals. travel.

“We have proven the effectiveness of the model we have created for travel professionals and the general public,” said Brumelot. “We want to continue to promote innovations that redefine the way travel professionals research, compare, book and process travel for their customers. “

MisterFly also offers business-to-business offers where it provides travel reservation services on behalf of partners Veepee, Carrefour Voyages, Cdiscount, Paris Aéroport and Leclerc Voyages.

The company plans to use the funding to boost the automation of some of its processes, according to The TourMag report.

>>Mototourism, a motorcycle travel reservation service, raised around $ 1.1 million (€ 1 million) in an initial funding round.

Motorcycle clothing brand Rev’it! invested in the cycle, as did angel investors, the US motorcycle community ADVrider and IFB Innovationsstarter. Howzat Ennea Group also took part in the round.

The startup aims to focus more on providing tourism services to international travelers once pandemic restrictions are relaxed. It’s a mix of a price comparison booking platform and an online travel agency, often referring customers sometimes to dozens of travel partners around the world for transactions.

It helps consumers research, find and purchase travel experiences, ranging from small day trips to long-distance travel packages lasting several weeks. The company was launched in German-speaking countries in 2019 and has since expanded to English-speaking markets. The company said there are several hundred million motorcyclists around the world as the total addressable market.

Skift cheat sheet:
We define a startup as a company formed to test and build a repeatable and scalable business model. Few companies meet this definition. The few that often attract venture capital. Their fundraising rounds come in waves.

Seed capital is the money used to start a business, often run by angel investors and friends or family.

Series A funding usually comes from venture capital firms. The cycle aims to help the founders of a startup make sure that their product is something that customers really want to buy.

B series funding is primarily for venture capital firms that help a business grow faster. These rounds of funding can help recruit skilled workers and develop profitable marketing.

C series financing usually involves helping a business grow, for example through acquisitions. In addition to VCs, hedge funds, investment banks and private equity firms often participate.

D series, E and beyond These predominantly mature companies and the round table can help a company prepare to go public or be bought out. Various types of private investors could participate.

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