From travelers' social network to VR applications and virtual concierges, these companies are disrupting traditional travel with innovative tools.

Google is reportedly buying Israeli social GPS startup Waze for a whopping $1.3 billion. It is not the first Israeli startup to be sold for big bucks, nor will it be the last – here are six companies that might be next.

Ever had to cancel a hotel reservation? If you have, you probably know how annoying it is to change your plans and pay a fee for doing so. Israeli startup Roomer helps eliminate some of the frustration by pairing cancelers with people looking for deals on rooms.