ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Expedia Group Launches Open World™ Accelerator to Unlock Innovation in the Travel Industry and Empower Startups to Build New Capabilities on its Platform

Today, Expedia Group launches Open World™ Accelerator, an initiative that builds on its Open World vision to power partners of all sizes with the technology and supply needed to thrive in the travel market. This new initiative is designed to advance innovation in the travel industry, by supporting startups and small and medium sized business (SMBs) to fast-track their growth and innovate on Expedia’s purpose-built technology platform.

Aimed at entrepreneurs globally, the first program launching today focuses on empowering startups and SMBs working to increase access for underserved travelers, tying into Expedia Group’s Open World™ social impact and sustainability strategy and focus on democratizing the travel economy. Next year, Open World Accelerator initiative will launch an additional program focused on co-developing new capabilities.

“Travel is an economic driver for many communities around the world, but it’s a complex industry to enter and to innovate scalable products that address specific traveler needs. This is why our Open World vision is so critical to our desire to put the traveler first,” said Archana Arunkumar, Senior Vice President of Platform. “Expedia Group’s mission is to power travel for everyone, everywhere. Open World Accelerator is specifically designed to drive innovation in the industry, remove barriers to travel, and enable startups and SMBs to build capabilities on Expedia’s Open World™ technology platform that significantly improve the experience for every traveler.”

How the program works

The first Open World Accelerator program focuses on startups and SMBs working on making the travel industry more open and accessible. Each program will include a six-month curriculum for selected companies, providing them with a wide range of resources to speed up their growth. This includes business and technology development support, access to Expedia Group and wider travel industry experts for mentorship and coaching, participation in industry networking events, access to Expedia Group platform and products, and a non-equity grant.

How to apply

Start-ups and SMBs globally are welcome to apply online to join the first Open World Accelerator program from today until 21st October if they meet the following criteria:

  • Working to make the travel industry more open and accessible
  • Currently have at least a minimum viable product (MVP)
  • Were founded less than 10 years ago

A judging panel from across Expedia Group will review the applications to select the participating companies, who will then join the program kick starting in January 2023.

For more information on Open World Accelerator program, including how to apply and terms and conditions, please visit: www.expediagroup.com/open-world-accelerator

About Expedia Group

Expedia Group, Inc. companies power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Our organization is made up of three pillars: Expedia Product & Technology, focused on the group’s product and technical strategy and offerings; Expedia Brands, housing all our consumer brands; and Expedia for Business, consisting of business-to-business solutions and relationships throughout the travel ecosystem. The Expedia Group family of brands includes: Expedia®, Hotels.com®, Expedia® Partner Solutions, Vrbo®, trivago®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Solutions, CarRentals.com™, and Expedia Cruises™.

For more information, visit www.expediagroup.com. Follow us on Twitter @expediagroup and check out our LinkedIn www.linkedin.com/company/expedia/.

© 2022 Expedia, Inc., an Expedia Group Company. All rights reserved. Trademarks and logos are the property of their respective owners. CST: 2029030-50

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.