With funding for travel startups hitting an eight-year low in 2023, it won’t take much for 2024 to be better. Some travel companies feel more optimistic about the months to come and who might be best placed to attract funding.

PhocusWire senior reporter Linda Fox is joined by Mike Scott, managing partner at Derive Ventures and Mia Morisset, a principal at Inovia, with both sharing insights on how 2024 might play out for travel startups. The broad ranging discussion also touched on potential deal sizes, where investment opportunities lie, the likelihood of merger and acquisition activity and the role of AI.

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Travel investors on the funding dynamics in 2024