Insight
Average deal size more than doubled from $4.9 million to $10.1 million.
Travel Venture Capital Is Back, But Only for the Biggest, Safest Bets: 3 Charts
Summary
Venture capital investment in the travel sector, including STRs, is shifting towards established, larger companies. While total funding increased slightly, the number of deals decreased significantly, with average deal sizes doubling. Hosts should be aware that funding may become harder to obtain for smaller businesses and startups.
Key takeaway