Just last year, the Dutch platform Withlocals raised €8 million in a Series B funding round. Investors appear to be giving the peer-to-peer model a new look. Earlier this year Vayable shuttered its doors GetYourGuide actually started as a P2P platform before transitioning to a more traditional distributor. From maintaining an optimal ratio of travelers to high-quality guides to having a team of customer service experts at the ready when things go wrong, many platforms connecting individuals to other individuals have failed. Peer-to-peer travel platforms are a tough business to make work. With sizable investment from the private equity firm Tritium Partners, the Vancouver-based platform ToursByLocals plots big expansion.
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