Thirty-two are selected to take the stage, and five receive scholarships based on a further vetting process. "Some really impressive companies have signed up to demonstrate at this year's Travel Innovation Summit," said PhoCusWright managing director, Tony D'Astolfo. "New business models and leading-edge technologies are constantly pushing the travel industry to new heights. The scholarship winners and presenting companies represent the most innovative concepts and advanced technologies we’ve seen this year." The Scholarship Committee is tasked with finding the five companies that demonstrate the greatest potential for success and the need for financial assistance. This year's scholarship winners are: - BTCTrip - Shopnfly - TableGrabber - TripScanner - VacationFutures About the companies: - BTCTrip allows travelers to use virtual currency to buy airline tickets. - Shopnfly is an online platform that lets travelers find duty-free deals throughout their travel itinerary. - TableGrabber is India's first real-time online restaurant reservation engine. - TripScanner helps businesses manage their travel expenses in real-time, no matter where employees book. - VacationFutures facilitates homestay accommodation bookings and helps professional vacation rental managers grow their inventory. Related Link: The PhoCusWright Conference