Expedia Group Launches Open World™ Accelerator to Unlock Innovation within the Journey Business and Empower Startups to Construct New Capabilities on its Platform
SEATTLE–(BUSINESS WIRE)–At present, Expedia Group launches Open World™ Accelerator, an initiative that builds on its Open World imaginative and prescient to energy companions of all sizes with the expertise and provide wanted to thrive within the journey market. This new initiative is designed to advance innovation within the journey {industry}, by supporting startups and small and medium sized enterprise (SMBs) to fast-track their development and innovate on Expedia’s purpose-built expertise platform.
Aimed toward entrepreneurs globally, the primary program launching at present focuses on empowering startups and SMBs working to extend entry for underserved vacationers, tying into Expedia Group’s Open World™ social impression and sustainability technique and concentrate on democratizing the journey financial system. Subsequent yr, Open World Accelerator initiative will launch a further program targeted on co-developing new capabilities.
“Journey is an financial driver for a lot of communities around the globe, nevertheless it’s a fancy {industry} to enter and to innovate scalable merchandise that deal with particular traveler wants. This is the reason our Open World imaginative and prescient is so important to our need to place the traveler first,” mentioned Archana Arunkumar, Senior Vice President of Platform. “Expedia Group’s mission is to energy journey for everybody, all over the place. Open World Accelerator is particularly designed to drive innovation within the {industry}, take away obstacles to journey, and allow startups and SMBs to construct capabilities on Expedia’s Open World™ expertise platform that considerably enhance the expertise for each traveler.”
How this system works
The primary Open World Accelerator program focuses on startups and SMBs engaged on making the journey {industry} extra open and accessible. Every program will embrace a six-month curriculum for chosen firms, offering them with a variety of sources to hurry up their development. This consists of enterprise and expertise improvement assist, entry to Expedia Group and wider journey {industry} specialists for mentorship and training, participation in {industry} networking occasions, entry to Expedia Group platform and merchandise, and a non-equity grant.
Easy methods to apply
Begin-ups and SMBs globally are welcome to use on-line to hitch the primary Open World Accelerator program from at present till 21st October in the event that they meet the next standards:
- Working to make the journey {industry} extra open and accessible
- At the moment have no less than a minimal viable product (MVP)
- Had been based lower than 10 years in the past
A judging panel from throughout Expedia Group will assessment the purposes to pick out the taking part firms, who will then be part of this system kick beginning in January 2023.
For extra data on Open World Accelerator program, together with easy methods to apply and phrases and circumstances, please go to: www.expediagroup.com/open-world-accelerator
About Expedia Group
Expedia Group, Inc. firms energy journey for everybody, all over the place by way of our world platform. Pushed by the core perception that journey is a drive for good, we assist folks expertise the world in new methods and construct lasting connections. We offer industry-leading expertise options to gasoline accomplice development and success, whereas facilitating memorable experiences for vacationers. Our group is made up of three pillars: Expedia Product & Know-how, targeted on the group’s product and technical technique and choices; Expedia Manufacturers, housing all our shopper manufacturers; and Expedia for Enterprise, consisting of business-to-business options and relationships all through the journey ecosystem. The Expedia Group household of manufacturers consists of: Expedia®, Lodges.com®, Expedia® Associate Options, Vrbo®, trivago®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Options, CarRentals.com™, and Expedia Cruises™.
For extra data, go to www.expediagroup.com. Observe us on Twitter @expediagroup and take a look at our LinkedIn www.linkedin.com/firm/expedia/.
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