Capital One has partnered with travel booking platform Hopper. Hopper has just closed its series F round of $170 million which was also lead by Capital One. As part of this partnership Capital One Travel (powered by Hopper) will launch in late 2021. Users will be able to both earn and redeem rewards through this platform.
Hopper’s main point of difference is that it tells consumers when is a good time to buy tickets/hotels based on it’s AI. Users can also set up price alerts. All of that doesn’t sound terribly exciting to me, but if the earning and redeeming is good enough value then this will be popular.