Two U.S. travel startups win contest

Paperless tickets for tourist attractions? Hotel bookings based on price reductions?

That’s the technology behind two travel startups attracting attention.

Redeam, the business behind the paperless ticket idea, and Waylo, the hotel price prediction and tracking app, won Phocuswright’s Battleground: The Americas on Sept. 12 in Sunnyvale, Calif.

I previewed the Battleground contest in a blog post last month. Overall, 16 startups each had six minutes to show their innovations to judges and a live audience. Here’s a bit more about the two winners:

Redeam: It enables businesses to accept paper vouchers and mobile tickets from any reseller using a tablet-based validation platform. The company is based in Boulder, Colo.

Waylo: This app tracks hotels you’re interested in booking by using proprietary technology to predict lower rates and sending you alerts. The company is based in Berkeley, Calif.

Next, Redeam, Waylo and startups from other Battlegrounds worldwide will compete Nov. 7-9 at the Phocuswright Conference in Fort Lauderdale, Fla., for a $100,000 investment from venture capital firm General Catalyst.

Funding for ideas that make travel easier, faster, cheaper and better has increased. Travel startups raised $29 billion from 2016 through June 30, nearly double the total amount raised in the previous decade, according to travel and tourism research firm Phocuswright.