Travel, Technology, and COVID-19
The travel industry has been one of the world's largest industries, accounting for more than 10% of global GDP and one in every ten jobs. However, COVID-19 has brought the biggest shock to the system that the travel industry has ever seen. This article by North Ridge Partners discusses how the travel industry has weathered multiple catastrophic events in the past and how it is likely to bounce back from this one as well. The article dives into pre-COVID statistics, how COVID-19 impacted the industry, and what the recovery looks like.
Despite the challenges, there are also opportunities for investors. The article explores why travel technology is a particularly attractive area for investment and highlights the record number of financing opportunities in the private markets.
This is a great resource for anyone interested in learning more about the travel industry and the investment opportunities it presents. Download the full PDF to get the complete picture.