TravelTech

March 2020

4 Insights

4 Insights

TravelTech will continue to boom for B2B and SaaS businesses as well as consumer-centric offerings this year, but it also faces challenges in the form of increasing regulator scrutiny and geopolitical pressures. We take a look at growth areas, the developing regulatory framework, and at the potential for TravelTech to reduce the impact of travel on the environment.

Have trust, will travel

Leading travel booking websites have committed to increased transparency following a wave of investigations and enforcement decisions by consumer protection and competition authorities in the UK and EU.

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When can a TravelTech platform benefit from the country of origin principle?

There has been a significant debate as to how to classify services provided via electronic platforms both in TravelTech and more widely. One of the reasons this is an important distinction for TravelTech platforms is that it determines whether or not a business can benefit from the 'country of origin' principle under the eCommerce Directive.

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TravelTech goes green

There's an increasing awareness of the impact that activities such as flying and mass tourism have on the planet. TravelTech startups are playing a vital role in helping travel, hospitality and leisure businesses to get greener.

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What's next for TravelTech?

TravelTech retains its potential to disrupt and enhance traditional travel, hospitality and leisure businesses and we see a number of tends which will define the months ahead.

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