Booking.com, the online tourist giant is all geared up to expand its Tel Aviv development hub. As a result of this expansion, the company is relocating to Azrieli Sarona Tower from the shared unit in Mindspace on Ahad Ha’am Street. Starting from July, the travel tech company will be leasing around 500 meters or half portion of the 57th floor of the shared workspace in Teddy Sagi’s LABS. The company currently numbers 25 employees and plans to hire more people to join its local team in the Azrieli Sarona Tower, which is the tallest tower in Israel and one of the prominent tech properties in the country. The list of tenants includes Facebook, Amazon, Citibank, Magic Leap, etc.
Israel Travel Tech Start-ups
Itai Green, founder of Israel Travel Tech Start-ups and innovation expert said that Israel is developing into a thriving center for the travel tech community that encompasses various startups and companies. And with the upcoming relocation, LABS has opened its door to the collaboration of IITS and Booking.com that will augment the mutual cooperation in this sector.
The network of Travel Tech startups is categorized by the mutual willingness of these aspiring new ventures to help each other thrive in the industry. It works in collaboration with new entrepreneurs to bridge the gap between startups and leading corporates. Over the years, it has joined hands with many small businesses and successfully accomplished its objectives.
Workspace Units Luxury and Leisure
As for LABS Israel facilities, it is precisely designed to cater to companies at all stages and sizes that lease workspace to start-ups and small business units. It also equips large and extensive departments that are designed for established enterprises. In addition to the same, LABS also boasts a meeting room featuring state of the art technology, open-space workstations, conference halls to organize events and seminars, and a kitchen with all the necessary accessories. That is not all, the members also enjoy a fitness room, a studio with yoga, pilates, Hit classes, a screening room, and various other activity areas.
The Tel Aviv work unit is a part of the global chain of workspaces, which was set last year by Teddy Sagi. The chain is rapidly developing and incorporates many workplaces in some of the most attractive locations in London like Holborn and Camden market. In fact, LABS is also planning to set up another workspace in Tel Aviv by the end of this year.
In September last year, Booking.com also procured Evature, an Israel based start-up venture that emphases on developing chatbot technologies and natural language for the travel industry. As of now, Booking.com has a dedicated website as well as an app that works in 43 different languages and offers accommodations to people in 130,000 destinations across 227 countries. With this expansion of workspace and hiring of new personnel, it is safe to conclude that the company is focusing on amplifying its services and widening its bandwidth.