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A New Tourism Future and 12 Other Top Travel Stories This Week

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Throughout the week we are posting original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will offer you a chance to read the most essential stories again in case you missed them earlier.
Sri Lanka Looks Beyond Pandemic to Carve Out a New Tourism Future: A Sri Lanka reopening may be imminent. More importantly, the destination is looking beyond Covid-19 to reposition itself yet again, taking lessons from the Easter Sunday bombings crisis to find its place in the tourism universe. ....

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Airbnb's Shiny $100 Billion Valuation and 14 Other Top Travel Stories This Week

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Throughout the week we are posting original stories night and day covering news and travel trends, including on the impact of coronavirus. Every weekend we will offer you a chance to read the most essential stories again in case you missed them earlier.
Can Airbnb Sustain a $100 Billion Valuation? New Skift Research: Thursday was a historic day for Airbnb and the travel industry at large. Airbnb is a excellent business, but is it a $100 billion business?
Airbnb Share Price More Than Doubles in First Day of Historic Public Debut: Kudos to Airbnb for a dramatic comeback in its initial public offering. But the valuation, propelled by euphoric investors in a hot IPO market, was divorced from reality. ....

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Selina Raises $50 Million for Its Latin American Hotels: Travel Startup Funding This Week

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more
Each week we round up travel startups that have recently received or announced funding. Please email Senior Travel Tech Editor Sean O Neill at
[email protected] if you have funding news.
This week, travel startups announced receiving more than $68 million in investment.

Selina, a hospitality startup, has been provided a $35 million mezzanine facility from IDB Invest, a member of the Inter-American Development Bank Group, and a $15 million loan from Blue like an Orange Sustainable Capital.
The investment goal is to support the continuity of the Panama-based company’s expansion plans in Latin America and the Caribbean, the organizations said in a statement. ....

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