Page 2 - Gary Teplis News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2021 was a record year for travel companies going public or announcing they will go public, setting up 2022 for another banner year.

In our latest report, Skift Research looks into venture capital investments in travel startups. The global coronavirus pandemic was the deepest crisis the travel industry has ever faced but the silver-lining of situations like these is that they can be a catalyst for generational transformation. This presents a target-rich environment for venture capitalists looking to back impactful new technologies and businesses. The below excerpt focuses on Skift Research’s analysis of special purpose acquisition corporations that rose in prominence this year as a new way to invest in startups. Get the ...

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more Flying taxi operator Blade will soon trade as a public company after merging with special purpose acquisition company Experience Investment Corp, valuing the company at $825 million. New York-based Blade provides private charter transport via helicopters, seaplanes and jets around cities and to vacation destinations, as well other medical services. Experience Investment Corp is sponsored by an affiliate of KSL Capital Partners. It closed its own initial public offering ...