The Money Behind Your Next Trip Is Getting Serious

L Catterton, a consumer investment firm with $40 billion behind it, is putting more of that capital into travel. The firm has built its business on backing what people buy, and it is now betting on where they go and how they spend their free time. For readers who plan a year around a table worth flying to and a room worth staying in, that shift is worth noticing. When an investor of that size moves toward leisure, it is a vote of confidence in the trip itself: the booking, the arrival, the hours spent somewhere chosen with care.

With reporting from Skift.