Skift Take
Venture capital investment in the travel industry has decreased substantially in recent years.
Editor-in-Chief Sarah Kopit and Head of Research Seth Borko talk travel every week.
The travel industry only registered $2.9 billion of venture capital investment last year, the lowest level in a decade. Head of Research Seth Borko discussed that and other travel funding trends with Travel Technology Reporter Justin Dawes and Senior Research Analyst Pranavi Agarwal in this episode of the Skift Travel Podcast.
Listen Now Watch Now https://www.youtube.com/watch?v=2xsYeyEYy6s Key PointsSignificant Decline in Venture Capital Funding: The travel industry saw a decade low in venture capital funding in 2023, with only $2.9 billion invested, a significant drop from the $9 billion in 2019. This