Innovative travel companies were rewarded with cash prizes. // © 2014 Phocuswright
At this year’s Phocuswright Conference in Los Angeles, the organization announced the award winners of its Travel Innovation Summit.
Why It Matters:
The Phocuswright Conference is the premier travel technology and research event in the industry, with a great track record for picking the tech companies to watch. Each year, 32 innovators are selected to demonstrate groundbreaking applications and solutions that are set to change the travel industry. From this group, winners are chosen by a panel of judges comprised of travel and tech experts who determine the top innovation in each of three categories: startup, emerging and established. The $100,000 General Catalyst Award for Travel Innovation, the Brand USA Marketing Innovation Award and the People’s Choice Award were also given out during the summit. This year’s winner of the $100,000 prize was PassportCard International, a real-time travel insurance program.
- View all the TIS demonstrations and more online through March 31. (www.phocuswrightconference.com/streaming)
- Next year’s Phocuswright Conference will be held Nov. 17 to 19 in Fort Lauderdale, Fla.
What They Are Saying:
“New travel start-ups and legacy travel companies alike are finding incredible ways to push the travel industry to new heights — making travel easier for both the consumer and the company,” says Douglas Quinby, vice president of research for Phocuswright. “This year’s presenting companies are among the most exciting we’ve seen present to date at the Travel Innovation Summit, and we look forward to seeing each make a greater impact on the travel industry in the future.”
“The Phocuswright Travel Innovation Summit has a long history of identifying companies that are transforming the travel industry by applying cutting-edge technology to innovative business models,” says Joel Cutler, managing director of General Catalyst Partners. “We’ve had the good fortune of investing in some of the travel industry’s leading technology companies and by bringing our experience to the table, we can help ensure that the great ideas uncovered at the Travel Innovation Summit have the resources they need to succeed. PassportCard International is a perfect example of innovation at work, and we’re excited to watch and help them become one of the next successful brands in travel.”