It will soon be a new era for Capital One Travel — and a much-smaller Hopper. The trigger point will be when their deal closes shortly. Hopper will no longer power travel for its marquee B2B customer. And with a Capital One payout to Hopper, the credit card company will buy the tech infrastructure that Hopper used to operate the Capital One portal, and 150 former Hopper employees will begin receiving Capital One paychecks. Hopper will continue to exist, and Capital One will remain a major Hopper shareholder.
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SKIFT PODCAST NETWORK
Big shakeup in travel booking. In this clip, I explains why Capital One Travel is ending its long-running partnership with Hopper, and what happens next.
For Hopper, the stakes are high. After shifting away from its consumer focus toward B2B partnerships, losing a major partner like Capital One raises serious questions about what its next chapter looks like.
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