TUI Group division Hotelbeds Group has been named the lead partner of the Traveltech Lab, a recently launched incubator for travel tech companies based in London.
Under the three-year agreement, Hotelbeds Group will provide support to the Traveltech Lab, including mentoring by Hotelbeds Group experts for the incubator’s start-ups.
HRH The Duke of York, KG, launched the Traveltech Lab in March. Its high-spec workspace, designed for 30 people, is co-located in the offices of London & Partners and is designed and managed by The Trampery, creators of premier innovation spaces in the city.
The Traveltech Lab was created by London & Partners, the Mayor’s promotional company for London, in partnership with The Trampery. It is hoped the incubator will help London become the number one city in the world for travel technology, supporting the development of the next lastminute.com, Citymapper or Skyscanner.
“Hotelbeds Group’s support of the Traveltech Lab will enable the company to play a key role in shaping the future of the global travel industry through aiding the development of new innovations and companies in the sector”, said managing director Joan Vilà.
Gordon Innes, CEO of London & Partners, said: “Securing a lead partner of the calibre of Hotelbeds Group is a superb endorsement of the Traveltech Lab, showing that the very best names in the travel industry are firmly behind the development of this exciting sector. For the startups in the incubator, having links with major corporate bodies such as Hotelbeds Group will be hugely helpful, providing mentoring and guidance that will enable them to realise their ideas more easily and grow more quickly.”
In addition to Hotelbeds Group, the Traveltech Lab is also supported by Gatwick Airport. The first group of companies working in the lab include PhotoSpotLand, Lulutrip, Epteca, MICEbook, Timelooper, Great Little Places, Wooia, Touriocity, Beaconia,bd4travel, GreatDest and Much Better Adventures.