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.