Expedia Group Launches Open World™ Accelerator to Unlock Innovation in the Travel Industry and Empower Startups to Build New Capabilities on its Platform
28 Settembre 2022 - 03:30PM
Business Wire
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
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Siarah Khan sikhan@expediagroup.com +44 (0) 772 528 9317
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