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Innovations in Travel & Tourism Sector

Keeping a pulse on activities around innovations in Travel & Tourism sector is the key ingredient in informing strategies and making key business decisions. Corroborating signals from various business activities and further deducing key performance indicators, creates a 360° view around who’s and what’s of sector relevant innovations.

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Patents

Patents
2,890
-19.00% MoM

The trendline shows the granted patent activity by month for this industry. The count represents the number of patents that were granted in the last completed 12 months.

Innovations Applied for IP Protection Recently

Innovations applied for IP protection tracks new noteworthy patent applications published recently in the Travel & Tourism Sector including ground-breaking technologies and the company’s technological and strategic shift towards adoption of new technologies.

The invention from Uber Technologies Inc relates to systems and methods of generating active notifications for users of a networked computer system using transportation service prediction. The notification indicates a recommended use of the transportation service in association with the place for the time of day and the day of the week. 

The invention relates to a novel ecological slope protection with efficient water purification function to control the pollution sources of basin water such as domestic sewage and surface runoff from both sides of the basin.

Latest Venture Financing
  • HotelBuddy
    $0.43M
  • Nature Mobility Co., Ltd.
    SeriesB $7.6M
  • Onto Holdings Ltd
    SeriesC $60M
  • Spotnana Technology, Inc
    SeriesB $75M
  • Don't Tell Comedy, Inc.
    $0.1M
  • HotelBuddy
    $0.43M
  • Nature Mobility Co., Ltd.
    SeriesB $7.6M
  • Onto Holdings Ltd
    SeriesC $60M
  • Spotnana Technology, Inc
    SeriesB $75M
  • Don't Tell Comedy, Inc.
    $0.1M

Case Studies Involving Key Innovations

Spotlight

Uber Technologies Inc, Delta Air Lines Inc and Expedia Group Inc are amongst the top companies who are fastest in embracing disruption caused by emerging themes and creating value

GlobalData  captures news, deals, filings, jobs, patents, and social media signals etc. and gathers the activities around innovation-led initiatives supported in the respective organizations. Our analysis suggests that Uber Technologies Inc has been most upfront in adopting emerging technologies amongst its peers.

Internet of Things, Artificial Intelligence and Robotics are the themes attracting most investment in the last five years

Data from March 2017 onwards

Note: GlobalData captures various data sets such as deals, filings, jobs, patents. Each data set score is combined (𝑥𝑠𝑐𝑎𝑙𝑒𝑑) to provide an overall weighted-average exposure score. The scores are then used to show the colors on the heat map and represent the level of exposure in which a darker shade represents higher levels of exposure while a lighter shade represents lower levels of exposure. Each cell in any respective column indicates the relative Company Investment Intensity of the ten tech themes compared across the list of companies for that theme.

Themes Deal Value(US$m)
Internet of Things 58,946.6
Artificial Intelligence 53,267.3
Robotics 36,968.1
Cloud 12,848.3
Cybersecurity 7,862.0
Virtual and Augmented Reality 5,738.6
Big Data 5,170.3
5G 3,350.8

Online Travel Sales is driving the growth in Travel & Tourism space

The sectorial representation of the Travel & Tourism industry based on growth in patenting activity and number of deals show, Hotels & Resorts as the emerging sector. Having less patent records, Lodging, marks presence as the innovation sector with highest growth in patenting activity and deal size.

Lodging and Hotels & Resorts are the leading sectors with more than 3 thousand deals in last five years

Data from March 2017 onwards

Note: Bubble size represents the number of deals for that sector during the past five years.

Sectors No of Deals
Lodging 3,771
Hotels & Resorts 3,263
Airlines 1,673
Travel Intermediaries 1,322
Car Rental 639
Online Travel Sales 280
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