PhocusWire Presents the Hot 25 Travel Startups for 2024
PhocusWire released its sixth annual Hot 25 Travel Startups list. In the 2024 list, eight companies were founded in 2020, five in 2021 and four in 2022. The selection narrowed more than 150 startups, evaluating innovation strength, growth potential and diversity in sector, location and founders. The article also analyzes data from 125 companies selected over the past five years: cumulatively raised $2.2 billion, 74% primarily B2B, 53% based in North America and 33% in Europe.
Impact and considerations
The list and historical data analysis provide reference for business readers tracking travel technology investment, startup ecosystems and industry innovation trends, with B2B dominance and North American concentration reflecting current travel tech capital flows.
Key points
- PhocusWire released its sixth annual Hot 25 Travel Startups list.
- In the 2024 list, eight companies were founded in 2020, five in 2021 and four in 2022.
- The selection narrowed more than 150 startups, evaluating innovation strength, growth potential and diversity in sector, location and founders.
- The 125 companies selected over the past five years cumulatively raised $2.2 billion, with 74% primarily B2B.
- 53% of selected companies are based in North America, 33% in Europe and 8% in Asia Pacific.
- 20% of selected companies primarily serve the air vertical, and 18% work in the hotel and hostel vertical.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 14 Nov 2023, 13:00
- Page published
- 12 Sept 2026, 00:42
- Last updated
- 14 Nov 2023, 13:00
- Original links
- PhocusWire All News：Presenting the Hot 25 Travel Startups for 2024 (opens in a new tab)Primary source · en · Published 14 Nov 2023, 13:00