2019 saw its fair share of innovation, but let's broaden the scope and take a look at the top travel trends of the decade.
Smartphones and Apps
Mobile technology is influencing travel decisions more than ever. In recent years innovations in tech have allowed consumers to do pretty much everything on their smartphone from finding inspiration on Instagram to selecting airline seats, checking into hotels or using a GPS. Gone are the days of heading to a travel agent, using a paper map, and struggling with a language barrier. Advances in technology over the last 10 years have made traveling decisions more convenient and less daunting.
Ridehailing and Ridesharing
This decade was defined by a rise in popularity of both Uber and Lyft. Since Uber's founding in 2009 and Lyft's launch in 2012, ridehailing has changed the way we commute and even our need to purchase a car. These platforms have gone from basically startups to market dominators. This year even saw Uber and Lyft take their companies public. While the two companies have continued to grow on the road, they have looked for new opportunities like expanding to micromobility options like scooters and bikes and, even in Uber's case, helicopters and food delivery through Uber Eats. The rise of these new forms of mobility has both pros and cons, although positives like accessibility can be outweighed by cons like a rise in congestion. Whether you're for or against ridesharing, Uber and Lyft have given people more options when it comes to getting around and it seems like the companies will continue their paths towards street dominance for the foreseeable future.
New Way to Stay
In the last 10 years travel accommodations have become more personal and the rise of Airbnb has revolutionized the travel industry. Want to stay in a castle? How about a villa? Now, it seems almost any dream accommodation is possible. Airbnb has made traveling more affordable especially in urban, crowded spaces and often gives travelers more bang for their buck, providing an entire house or apartment rather than a typical hotel room. The company has inspired travel to unique locations with listings in over 220 countries and regions. The site boasts over 150 million users.
Sinead O’Sullivan breaks down Taylor Swift’s genius marketing for The Life of a Showgirl, which just set the record for most albums sold in a single week.
Markets are emerging from a turbulent Q3. Horizon’s Mike Dickson shares insights on interest rates, small caps, and where investors should look in Q4 and beyond
Bambu Ventures's Kyle Pretsch dives into Lemonaid’s $10M buyout, down from 23andMe’s $400M price tag, and what’s next after Chrome Co.’s dramatic pivot.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.
Atlanta Mayor Andre Dickens shares plans for affordable housing, community-led growth, and why private and public grocery stores could be key to food equity.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
