As global tourism recovers from the pandemic, the travel app industry has seen a resurgence. The rise of personalised travel planning, last-minute bookings and immersive local experiences are driving growth.
The global travel app market was valued at $28 billion in 2023
Our intention is to invest in travel apps that offer unique booking experiences, personalised itineraries and sustainable travel options. We see great potential in platforms that offer AI-curated recommendations based on user preferences and real-time data.
We’re on the lookout for promising travel apps with valuable data or partnerships that can be elevated by refining the user interface or marketing reach. Through strategic enhancements, we will optimise user growth and customer retention.
Wavecrest will develop original travel solutions that integrate immersive technologies such as virtual tours and AR-enhanced experiences to enable users to explore destinations before booking. Our focus is on apps that prioritise convenience, planning and local experiences in one platform.
