Profitability in Travel
Ariel shares impressive gross margins of 75%, projected to reach 80% by year-end, highlighting the potential for high profitability in the travel industry. He emphasizes the necessity for businesses to innovate and adapt to new technologies like AI, warning that those who resist change risk obsolescence. The conversation underscores a critical shift in the market landscape, where efficiency and adaptability are paramount for survival.In this clip
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20VC
20VC: Why Salesforce, SAP and Concur Will Die | Scaling 3x and Raising at a $9.2BN Valuation in COVID | How OpenAI is Changing the Travel Industry Forever | Never Before Revealed Margins on Travel and Expense Management with Ariel Cohen, Co-Founder & CEO
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