Hopper targets IPO and $10bn valuation
Canada: Gen Z- and millennial-friendly online travel agency [OTA], Hopper, is said to be targeting going public via an initial public offering [IPO] and achieving a valuation of up to $10 billion, according to a Bloomberg report.
b0arding.com adds 2m+ rentals and hotels to portfolio at launch
US: b0arding.com, which describes itself as a next-generation hotel and vacation rental booking platform in the United States, has announced that it has officially launched.
Hopper expands into new vertical with Hopper Homes launch
Canada: Gen Z- and millennial-focused online travel agency, Hopper, has expanded into a new travel vertical with the launch of Hopper Homes.
Gen Z and millennials make last-minute Thanksgiving travel plans
US: 52 per cent of Gen Z and 49 per cent of millennials in the United States are planning to travel for this year’s Thanksgiving weekend [24-28 November], with many trips expected to be booked at the last minute. That is according to travel guidance platform TripAdvisor, which also states that 55 per cent of […]
Enso Connect raises circa $2m in seed funding
Canada: Toronto-based proptech company Enso Connect, which empowers hospitality businesses to get to know their guests, has announced that it has raised just shy of $2 million in seed funding. The financing round was led by early stage fund Mantella Venture Partners, with strategic investments from Michael Hyatt, and participation from Mistral Ventures, Cowie Capital and Wheelhouse CEO […]
STRz podcast 17: Humphrey Bowles, SUPERHOG and GUARDHOG
UK: Humphrey Bowles, co-founder of SUPERHOG, and CEO and co-founder of GUARDHOG, joins the latest episode of the ShortTermRentalz podcast to discuss addressing issues with scammers and fraudsters, the ‘party house’ phenomenon, and the need to “embrace” the Gen Z demographic for the future of the short-term rental industry.
Skift unveils its 2020 Megatrends report: Review
Worldwide: Over the last decade, the hotel and hospitality industry has seen “seismic” change, according to the latest Megatrends report for the short-term rental industry from Skift. This includes an erosion of typical ideas of hotel brand loyalty, the rise of online and tech-based solutions for most business segments, a rise in sharing economy and, […]
Generation Alpha playing increasing role in travel decisions
Worldwide: Though travel marketers often talk about appealing to millennial / Gen Z consumers, new research by Expedia suggests the younger Generation Alpha are increasingly influencing travel purchase decisions. Gen Alpha, which refers to those born after 2010, is showing more signs of influencing family travel decisions and planning than previously thought, according to Expedia […]