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I think there's significant potential for the creation of profitable niches (and product innovation in those niches) in the travel industry: families, last-minu
by andycroll 14y ago
I think there's significant potential for the creation of profitable niches (and product innovation in those niches) in the travel industry: families, last-minute, experiences, luxury.
There is very little money in flights, so if that's your business you need to have a long VC-backed runway (pun sort-of intended).
On the hotels side there is huge opportunity.
(Disclosure: I'm the CTO at http://impulseflyer.com http://impulseflyer.com so I have a vested interest in the industry)
- ted0 14y agoOne site that I did not mention is Gilt's Jetsetter.com. They have great curation and a number of awesome deals.
- andycroll 14y agoWe're in the same ballpark. JetSetter started as very 'Gilt' (members-only, flash sales) but they seem to be making a huge push toward the OTA (online travel agency) model. And they've had some internal problems recently - http://www.tnooz.com/2012/05/15/news/jetsetter-ceo-out-after-board-request-and-reports-of-internal-squabbles/ http://www.tnooz.com/2012/05/15/news/jetsetter-ceo-out-after...