Concourse Intelligence is a strategy and research firm built for the global travel economy — airlines, hotels, distribution platforms, fintechs, and the capital that backs them.
A daily, no-fluff read on global travel tech for analysts, investors, and operators.
Most travel fintech narratives obsess over BNPL and virtual cards. The much larger pool of value is in cross-border payment economics — and it is being quietly reshaped by Adyen, Wise, and a handful of corridors-specific players.
Five years after COVID, the corporate travel industry has stopped waiting for a return to 2019. The structural baseline is roughly 75–85% of pre-pandemic — and it's a higher-margin 75–85% than the industry expected.
Saudi's tourism push is the largest deliberate destination-building project in modern history. The lessons it is teaching — about supply, marketing, and policy — are not the ones the Saudis intended.
Booking Holdings has spent two years rewiring itself around connected trip — flights, attractions, ground, payments — without saying very much about it. The market is still pricing the company as a hotel OTA.
We cover travel where the value actually accrues — from the metal in the sky to the rails moving payments, and every layer of distribution between.
Network economics, NDC, loyalty, and the next decade of airline retailing.
Brand portfolios, asset-light growth, F&B economics, and labor as a strategic variable.
Booking.com, Expedia, Trip.com, and the slow death of the legacy GDS stack.
Payments, FX, BNPL, virtual cards, embedded finance for suppliers and travelers.
Airbnb, Vrbo, regulation, professional managers, and the supply-side squeeze.
TMCs, expense, NDC in corporate, and the post-pandemic demand baseline.
Agents, search disruption, ops automation, and where the real ROI lands.
Overtourism, visa regimes, sovereign tourism funds, and destination strategy.
Our flagship annual outlook. A single, integrated read on the global travel economy across aviation, hospitality, distribution, fintech, short-term rental, business travel, AI, and destinations. Includes our base, bull, and bear cases through 2029.
Our partners keynote, moderate, and sit on panels at the leading travel industry events — Skift, Phocuswright, IATA, ITB, WTM, Arabian Travel Market.
Every engagement and every stage is held by a partner who has run the operations they now write about.
Meet the team →Concourse engagements range from a six-week diligence to a multi-year advisory relationship with a CEO and board.
See all services →Growth, portfolio, M&A, market entry. Engagements scoped 6–16 weeks.
Commercial and tech diligence for PE, VC, and corporate buyers in travel.
Subscription research and bespoke briefings for boards and IR teams.
