WHY IT PUTS: Virtuoso is launching its first ever Travel Technology Summit at Virtuoso Travel Week this month in Las Vegas to highlight new innovations in travel technology and highlight the strategies that are driving the industry forward. — Laurie Baratti, TravelPulse Associate Writer
Virtuoso, the leading global luxury and experiential travel chain, is hosting its first-ever Travel Technology Summit on August 14 at the ARIA Resort & Casino from 10:00 am to 1:00 pm as part of the Virtuoso Travel Week event.
The Summit will have three separate components: A Multi-Speaker Big Ideas Session on Technology Strategies that Drive the Industry Forward; a group of venture capitalists focused on innovation and long-term opportunities that investors are looking for and funding; and the Startup Showcase featuring companies that are tackling the challenges the travel industry is currently facing. Led by technology entrepreneur and investor and Virtuoso board member Gilad Berenstein and Virtuoso senior vice president of digital and consumer products Travis McElfresh among the Big Idea speakers, Virtuoso is putting technology front and center to bolster its longstanding belief that its a network is best served when it has choice when it comes to technical solutions.
“Innovation and pushing the boundaries is something Virtuoso has always stood for,” says Virtuoso Chairman and CEO Matthew D. Upchurch. “Our Incubator program has helped launch some of the travel technology players that are key to our business today. This Travel Technology Summit is our next step in driving innovation and ensuring that travel technology benefits our agencies, consultants and partners who work with us. We believe in the development of technologies that add value to human connections. As I’ve been saying for over 20 years, automate the predictable so you can humanize the exceptional.”
The summit will start with a broad, macro view and go through phases that will eventually narrow down to the grassroots level. Berenstein will start the sessions with an overview covering five key topics: optimizing everything; the financialization of travel and how it leads to a better consumer experience; the role of creators and influencers; aggregation and superapplications; and new technologies focused on the Metaverse and Web3. This introductory presentation will feature four Big Ideas speakers who will delve into each category. Then a group of venture capitalists will give their opinion as investors. Finally, the Startup Showcase will feature five new companies that are developing solutions to solve the challenges of the travel industry and showcase real applications.
“After attending so many industry events, both open and closed, it felt like there was no home for innovators…