Where is vertical disruption heading next in travel?
The top funded verticals in the last 18 months globally are short term rentals and corporate travel
A WiT Singapore 2023 panel on ‘Vertical Disruption’ asked a simple question: how are investors and experts thinking about their respective sectors and the changes ahead?
Key takeaways
- Unmanaged business travel: Companies that spend less than five or $8 million a year, the majority of those companies don’t manage business travel: they just sort of freestyle it;
- Changing distribution models: how distribution models are evolving, particularly with the rise of influencers, and how they’re able to reach consumers in a different way;”
- Control of data: the control of that data is coming back to the consumer with technologies that will allow them to control what data will be shared.
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