Phocuswright Europe 2026 Highlights Travel Startups' Funding Decline to $3.5 Billion Amid AI-Driven Market Shift
📈 Jun 15, 2026, Barcelona: Phocuswright's Europe conference highlights a funding dip for travel startups, with $3.5 billion raised by 3Q25, a decade low. The global travel market stands at $1.67 trillion. AI has reduced costs for building travel tools, shifting investor focus to distribution and customer access. Cheaper development means more competition, but companies with existing traveler reach maintain an advantage. The conference will update these figures and explore European consumer-AI research impacts.
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