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HBX Group is pitching its latest acquisition as a push into travel experiences. The economics suggest it is really about automation.
The travel tech company said Wednesday it agreed to pay €3 million ($3.2 million) for Bridgify, an AI startup whose software matches more than 1 million curated experiences to individual traveler profiles. Most of the payment is deferred and contingent on performance. Bridgify CEO Amit Shamni had raised about $300,000 in funding, according to Crunchbase.
HBX plans to apply the matching technology across all of its products, not just tours and activities. The Spanish company, whose flagship brand is Hotelbeds, has spent years pushing inventory beyond hotel rooms to airlines, loyalty programs, and online travel agencies — who, in tur
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