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South African prop-tech startup Neighbourgood has acquired travel-tech company Local Knowledge to add travel experiences to its services. Local Knowledge will build “The Experience Vertical” of Neighbourgood, helping Neighbourgood guests “create lifelong memories and meaningful connections through authentic, local experiences and tours, community-centric events, and an intuitive app that provides personalized recommendations and inside access to what’s happening in a city, through this acquisition.
“This acquisition represents a significant milestone in the travel and hospitality industry. It’s a meaningful step toward a future where travel is not just about destinations but about the friendships, experiences, and communities we build along the way. Neighbourgood and Local Knowledge are well-poised to lead this transformative journey,” said Murray Clark, CEO of Neighbourgood.