Travel Startups Announce More than $73 Million in Funding | Travel News
Published on: May 21, 2021
By JasmineCheck out today’s TOP travel news!
JoinMyTrip has you covered! In today’s travel news, travel startups announce more than $73 million in funding.
Here is the most important travel news from around the world that we would like to share with you. Watch our daily YouTube Travel News Show, so you can stay informed every day. If you happen to have missed the previous episode, make sure to check that out too!
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21st of May, 2021
Top travel stocks to look out for this month are Carnival and Southwest Airlines
The top travel stock that you have to look out for this month are Carnival and Southwest Airlines. Carnival is a leisure travel company that provides vacations to all cruise destinations throughout the world. Since the start of the year, Southwest Airlines' stock has risen by over 35% because they continued to push forward with their expansion strategy.
WHO warns to exercise caution as there is still a continuous threat
Just after Europe announced that the borders are open for international travel. WHO has warned to exercise caution as there is still continued threat and new uncertainty. This is because there is a new variant of the virus that has proven to be more infectious than the original.
Travel startups announce more than $73 million in funding
This week, travel startups announced more than $73 million in funding. So for example Virtuo, a car rental startup, has closed $60 Million in venture capital.
European Union has designed Green Certificates
European Union has designed Green Certificates and this travel pass is to allow restriction-free travel within the EU ahead of the busy summer tourist season. This travel pass will have details of coronavirus vaccination status, COVID test results, or recovery from an infection.
Source: Entrepreneur.com, Marketwatch, Skift, DW.