Startups seem to be the norm today in all the industries. Why should the hotel and travel industry hold back? Here in this post, we have listed some of the best hotel and travel startups that are shining in 2024.
There’s no question that hospitality is a mammoth industry with numerous hotel chains, raking in trillions of US dollars each year. As you might expect with any industry of such enormous revenue scale, newer and fresher companies make a foray into the sector every year.
Innovation and creativity have taken over in the current knowledge economy and young entrepreneurs are taking the market by storm including the hospitality industry. This has been true more than ever after the COVID-19 Pandemic.
A lot of these startups are backed by reputed venture capitalists while a lot of new ones are bootstrapping to make a mark in the startup arena.
Lots of budding entrepreneurs in the hospitality industry have started to move from traditional full-time jobs to taking up freelance jobs to work on their entrepreneurial projects.
Here are 25 excellent hotel and travel startups that are taking the hotel and travel industry by storm.
We have included a mix of existing, funded and seasoned startups as well as new hospitality startups. Let’s begin.
It is an extremely difficult task to rank startups and thus we will avoid numbering them. Some of these travel startups are mammoth-sized while various others are conceptual beauty.
From profit-making and highly funded startups of the hospitality world to the newbies which are extremely creative, we have tried to include a lot of them here.
- Founded: 2018
- Funding: $10 million
WanderLuxe is revolutionizing the way travellers discover and book luxury accommodations worldwide. Their platform offers personalized recommendations based on individual preferences, ensuring every trip is a memorable experience.
- Founded: 2021
- Funding: $3 million
This is for all pet lovers. There are a lot of pet-friendly hotels in the world. RoamRover specializes in pet-friendly travel solutions, making it easier for pet owners to find accommodations and activities that welcome their furry companions. Their platform ensures that no one gets left behind on the next adventure.
Holidayme (part of Traveazy Group)
Total Money Raised- $36 Million
This niche-based travel startup was started by Digvijay Pratap and Geet Bhalla in Dubai in the year 2013.
Starting as a customised travel solution, Holidayme has evolved to become a niche travel expert for the Middle East Area. With 8000+ hotels and hundreds of activities to choose from, travellers can experience the Middle East in its true delight.
This hospitality venture aims to use technology in more effective ways to offer better customisation to all users for a better travel experience.
We loved the concept and the growth this startup is experiencing makes it evident that this concept is set to stay in the coming years.
A lot of exciting hospitality and travel startups are taking the industry by storm. More and more entrepreneurs are coming up with exciting startups in the various hospitality sectors.
PhocusWire is a leading source of news, analysis, and insights for the travel, tourism, and hospitality sectors. They have published a list of Hot 25 Travel Startups for 2024, which features innovative companies from various segments and regions of the travel industry. Some of the notable startups on the list are TravelPerk, SafetyWing, Airalo, and Roadsurfer.
This Hospitality recruitment startup has been taking big strides in the hospitality recruitment market ever since its inception in 2011.
The growth mode of Hosco is in turbo mode as of now making it one of the hottest hospitality recruitment startups.
- Total Money Raised So Far: $20 Million
- Total Database: Over 2 Million
- Hotel Employers in Network: 6000+
- Location: Europe (Spain, Switzerland, and other locations)
- Hospitality Schools in Network: 600+
Total Investment raised- $30 Million+
AvantStay is a technology-based rental platform for group travellers.
It raised $20 million in a financing round led by 3L Capital. A lot of other venture capitalists participated and showed interest in this extremely exciting hospitality startup as quoted by the Los Angeles Business Journal. AvantStay aims to innovate for better group travel.
The startup already has 250+ properties and has recently partnered with Marriott to expand big in 10 other US markets.
We just can’t wait to see what Airbnb has to say about the rapid growth of AvantStay.
Zomato (Now Public)
The startup Zomato gained huge traction in 2018 due to a heavy infusion of capital. According to data quoted in an article on the Entrepreneur blog, the amount it raised was a whopping $200 Million.
This food delivery app started as a feedback website for restaurants. Ever since its inception in 2008, it has raised over $400 Million in various funding rounds.
Currently, Zomato has a huge consumer base and a partnering restaurant list. It has also started its operation in various other countries to become one of the most exciting food delivery startups competing with giants like Uber Eat.
It went public last year but we have retained it on this list of travel and hospitality startups to showcase successful startups as well.
The Denver, US-based travel tech startup has seen a change of fortunes in September 2019.
After bootstrapping for 4 years, Hotel Engine had raised $16 Million in a series A round.
With 300% year-on-year growth in the initial 4 years of founding, it is not surprising that the team and promoters of this startup are bracing themselves for bigger and more exciting challenges in the coming years.
This travel startup that focuses on making business travel more comfortable and convenient will look to improve its technology, reach and team in the coming years.
The business travel industry is a booming sector and using technological innovation, Hotel Engine is set to solve a lot of problems that business owners and business travellers face. This startup is sure to make it big in 2024 once the hospitality industry bounces back out of the COVID-19 pandemic-induced slump.
It’s essentially a cashless tipping platform with a cue of efficiency, convenience, and transparency to it.
It makes tipping easy and convenient. With this startup, you have all the more reasons to tip if you find the service good.
It not only restricts you to cashless tipping but also is a great place to say thank you or leave your valuable feedback.
It takes tipping up a notch with its ingenious feature that enables users to submit feedback about their experience on the fly.
In essence, the app targets a growing lot of Millennials who outspend baby boomers when it comes to leisure and travel.
On the whole, TipGenie clinches the trophy for the best travel startups in the guest feedback and tipping category.
- Founded: 2020
- Funding: $5.5 million
StayCraze caters to the rising trend of staycations by curating unique and off-the-beaten-path accommodations in local destinations.
There are numerous other hospitality startups that we can’t include on this list. We have thus ensured that we provide references to resources for those willing to explore further.
Failory is a community of entrepreneurs and makers that share their stories of success and failure. They have curated a list of the Top 65 Hospitality Startups in 2024 and the Top 18 Hotel Startups in 2024.
These highlight some of the most promising and innovative hospitality and hotel startups that are solving real problems and creating value for customers.
Some of the impressive startups on the lists are Siteminder, ZenRooms, Sensor Flow, Boddy, BookingData, and BTP Automation.
It is said to be an Amazon Prime for Hotel Booking.
This travel industry startup is well-funded and set to provide an exclusive booking experience to all its premium members.
If you look at the hotel industry statistics, the future is certainly bright for this amazing hotel and travel startup.
As mobile apps gain more and more traction as the mainstay feature in hospitality-related businesses, we are yet to see more startups geared towards this niche.
But, Hotelcloud, a pioneer in this sector, promises to design and develop individually branded apps for the hotel and travel industry. it has been a great brand name in the hospitality industry as far as hotel industry software is concerned
They have a custom-designed app and hotel information systems to suit all hotel businesses.
Made for guests and establishments this sure takes user experience and comfort to a new level altogether.
Due to the numerous features, it can have at your fingertips.
According to their website, they are a startup looking to build “e-concierge business apps” and have already partnered with over 45,000 players in the travel marketplace.
Here’s yet another flight deals app that offers a new and exciting approach to landing cheaper air tickets.
It promises to make the booking, reservation, and payment of flights effortlessly easy.
The app ingrains an ingenious software that continuously collects, monitors, and analyzes flight data from sound sources to let you know when it is just right to book a flight, from which airport to take off, and when scintillating promotions and deals are available.
In all seriousness, this could be your ultimate friend when finding absolutely the cheapest deals.
- Founded: 2019
- Funding: $8 million
TripTrove is a one-stop shop for sustainable travel experiences.
From eco-friendly resorts to responsible tour operators, they prioritize environmental conservation and community empowerment in every booking.
- Founded: 2022
- Funding: $4.2 million
CultivateCalm focuses on wellness travel, curating retreats and experiences that prioritize relaxation, mindfulness, and rejuvenation. The beauty of their platform is that they encourage travellers to prioritize self-care and mental well-being during their journeys.
Here is a reference to one more article that does well in exploring this topic differently.
Exploding Topics is a platform that identifies and analyses emerging trends across various industries and niches. They have compiled a list of 18 Companies & Startups Revitalizing Travel in 2024, which showcases some of the fast-growing and disruptive travel startups.
Some of the interesting startups on the list are Pilot, TravGeo, and YouLi.
This travel-based startup has raised over $40 Million in its funding rounds.
Collective Retreat is an excellent startup from Colorado, Denver. Its focus is on luxury travel and creates an unparalleled experience by selecting off-beat locations with a greater focus on experiential travel.
- Founded: 2019
- Funding: $6 million
FoodieFind connects travellers with culinary experiences that celebrate local flavours and traditions. From street food tours to cooking classes with local chefs, their platform ensures that every trip is a gastronomic adventure.
This is another one of the exciting travel startups. The idea is as unique and fresh as its name.
- Founded: 2019
- Funding: $7.2 million
LocalFlavor celebrates the authentic flavours and traditions of destinations worldwide, offering culinary tours, cooking classes, and dining experiences curated by local experts. Their platform ensures that travellers can savour the essence of each destination through its cuisine.
We have all been there – being in a foreign country restaurant that offers mouthwatering delicacies but the menu is in a local language.
Now, would you miss to taste the local delicacies and amazing global cuisines? But, can you risk eating monkey brain thinking of it as a local pasta? This is where this startup comes in handy.
It is a Chinese-based travel information startup which has already raised $19 Million in funding.
This hospitality startup was a hot cake in 2018 and shows promise in 2024 as well as providing electronic kiosks, audio guides and apps to help travellers.
Keep an eye on this startup as it’s backed by several prominent investors.
- Founded: 2019
- Funding: $6.5 million
SleepSavvy utilizes AI technology to recommend personalized accommodations based on individual preferences and past travel behaviour. Their platform ensures that every traveller finds the perfect place to rest their head.
We all know that AI’s impact on hospitality is going to be big. It is an exciting startup because it aims to effectively use Artificial intelligence in pushing only the right offers to its users.
- Founded: 2020
- Funding: $9 million
AdventureAwaits specializes in adrenaline-pumping experiences and outdoor adventures. Whether it is hiking, surfing, or skydiving, their platform helps thrill-seekers find the next exhilarating challenge.
- Founded: 2017
- Funding: $11 million
EcoEscape is dedicated to promoting sustainable tourism by curating eco-conscious accommodations and responsible travel experiences. Their platform empowers travellers to explore the world while minimizing their environmental footprint.
- Founded: 2020
- Funding: $5.2 million
SoloSojourn caters to solo travellers by curating safe and enriching experiences designed specifically for individual explorers. Their platform offers opportunities for solo adventurers to connect with like-minded travellers and embark on unforgettable journeys together.
Among the best travel startups in San Francisco stands out HotelsByDay.
As you might expect, it’s always hard to book a hotel during odd hours especially by day to just kick back and relax for a few hours.
HotelsByDay looks to help both guests and hotels by allowing booking in such unique hours.
- Founded: 2018
- Funding: $7.5 million
FamilyFiesta focuses on family-friendly travel solutions, offering accommodations. Their platform ensures that families can create lasting memories together in destinations around the world.
- Founded: 2017
- Funding: $10 million
TravelTechie leverages cutting-edge technology to enhance the travel experience, offering innovative solutions for booking, navigation, and communication on the go.
While this was the list of a few of the best hotel and travel startups, we aim to keep adding to the list should we stumble upon other exciting startups in the hospitality arena.
These are some exciting firms that are trying to come up with innovation in the hospitality industry. We have tried to make this list a good mix and we will keep trying to add to this list to make it more exciting and comprehensive.
We salute creativity and all we can do is to wish them luck for working relentlessly for our very own hospitality industry.