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Travel Industry, disrupted by COVID-19, is recovering regardless of the current market turmoil

Some major players hope to reach 2019 pre-COVID level in a gross booking by 2022-end.

How the companies can overcome this long period of near-zero revenue?

By diversifying its business.

- TravelTech companies offer fintech services. Trend has got momentum now when the easiness, safety, and flexibility of payment most clients consider as prerequisites.

- Many TravelTech players acquired fintech solutions/providers, and others have developed in-house offers. One of such company is TripActions, which is said to have filed confidentially to go public in the third quarter of next year at a $12b valuation.


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