Posts in tag

travel industry


Wego, the Middle East and North Africa (MENA) online travel marketplace, has announced that it will acquire Cleartrip’s Middle East business in a deal expected to close in the second half of the year. 2022. With around nine million app downloads recorded in 2021, Wego has become the region’s largest online travel marketplace, according to …

Roomex is seeking hybrid and remote workers globally as it plans an ambitious expansion into the United States. Dublin-based business travel platform Roomex plans to double its workforce by more than 70 employees this year after seeing record growth in 2021. New roles will be in product management, finance, marketing, software engineering and systems administration, …

Travel benefits, a European travel management company, raised $ 115 million in a new round of funding, bringing the startup’s value to $ 1.3 billion. According to a blog post published on Tuesday January 11 by the Barcelona and London-based company, TravelPerk will use the funding to expand its offering focused on small and medium-sized …

Mondee, which works to match travel agents with airlines, is set to close a deal with a PSPC to go public for around $ 1 billion, the Wall Street Journal writes. Mondee could potentially merge with ITHAX Acquisition Group, according to the report, and the deal could be announced by Monday (December 20). Founded in …

Deliveredme, Pakistan’s leading e-ticketing platform with over 4.6 million registered customers in the transportation and entertainment industry has raised around $ 7.5 million in Series A funding round . Travel platform and ticket office similar to Traveloka in Indonesia, Deliveredme.package provides customers with online reservations for intercity buses, airlines, hotels and events in Pakistan. The …

Trip.com Group, China’s largest value-based online travel platform, will remain focused on the domestic market as Covid-19 travel restrictions continue to block virtually all Chinese overseas tours , announced the co-founder and president of the company. James Liang told the South China Morning Post that the platform’s domestic travel booking volume this year was 70-80% …

– Junction creates a new travel ecosystem where personalization, convenience and flexibility are just a click away LONDON, December 2, 2021 / CNW / – Snowfall, the travel technology company, today announced the launch of Junction, the next-generation travel platform that enables suppliers, resellers and partners to deliver the next generation of travel. Junction gives …

To make travel a secure and transparent experience, the insurtech start-up Riskcovry has partnered with the B2B travel platform TravClan to enable it to distribute travel insurance throughout its network of agents. The partnership will help Riskcovry distribute insurance to TravClan’s huge user base of more than 10,000 travel agents, as well as provide travelers …

New Delhi: The online travel platform on Thursday declared an interim dividend of Re. 1 (50%) per share of the face value of Rs 2 each for fiscal year 2021-22. The company said the total interim dividend payment is Rs 10.86 crore. This is the second dividend announced by EaseMyTrip since its IPO in March. …

International Airlines Group (IAG) has extended its partnership with Amadeus to promote advanced travel retailing through NDC. Through the agreement, content from IAG operators including British Airways, Iberia, Aer Lingus and Vueling will be made available to travel sellers, agents and businesses through the Amadeus travel platform via NDC solutions. from Amadeus. British Airways and …

Further changes in travel restrictions with the phasing out of PCR testing in favor of cheaper side flow checks will help reduce the cost of overseas travel. This is the latest piece of good news for anyone considering an escape after months of strict Covid regulations. With earlier changes this month also simplifying banned travel …

Yanolja, Good Choice partners with travel agenciesBy Yi Whan-woo The country’s two leading startups in the online travel market – Yanolja and Good Choice – are capitalizing on their strengths as platform operators to expand their businesses before the government launches its “Living with COVID-19” policy. This decision is based on the confidence-based success of …

Allianz Partners has partnered with online travel agency (OTA) Jettzy to provide travel insurance integrated into the latter’s flight booking process. This is Allianz Partners’ first partnership with an OTA based in New Zealand. Travel insurance issued and managed by Allianz Partners will be integrated with Jettzy’s online booking platform, simplifying the process of obtaining …

How to score the best luxury hotel deals: 5 expert tips We asked industry insiders for the best tips for getting a discount at upscale hotels. Two thousand dollars a night for a hotel room with a king-size bed in Nantucket. Over $ 4000 a night for a “Desert View Suite” in Utah. Travelers impatient …

Top line The latest wave of Covid-19 has dashed hopes of a rapid recovery for the U.S. travel industry, according to Adobe’s Digital Economy Index, with months of rebound in demand and prices for travel in planes lost in August as the pandemic continues to dampen appetite for travel. Domestic travel to the United States …

The future of travel has arrived with the launch of Tourist trip, a one-of-a-kind connected travel platform. The technology-based, user-driven site features a hand-picked collection of the world’s most engaging, high-quality travel experiences. Aiming to change the way consumers book their trips, Tourist Journey provides a central and seamless platform offering highly organized, personalized and …

Skift take In what could be the launch of the travel industry’s longest-running booking tool, the final version will appeal to many small businesses, but it could have offered a lot more. Matthew Parsons, Skift Travel search engine Kayak finally launched its business travel booking tool, after nearly two years of preparation. But during this …

South Korea Yanolja Received a $ 1.7 billion capital injection from SoftBank Vision Fund 2 to scale its cloud-based travel and leisure platform. Founded in 2005, Yanolja’s “super app” travel service includes accommodation, recreation, transportation and dining. The platform uses technologies such as artificial intelligence, IoT, big data and blockchain to accelerate digital transformation in …

DUBA, WATER and SOUTHLAKE, Texas, July 13, 2021 / PRNewswire / – Cleartrip, the premier online travel and leisure aggregator in the Middle East, signed a multi-year agreement with Saber Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry. The extended long-term agreement makes Saber a partner in Cleartrip’s …

LONDON, July 6, 2021 / PRNewswire / – Travel benefits, the world’s largest travel management platform, today announced the acquisition of UK business travel company Click on Travel. The Baupost Group, a Boston investment manager based with around $ 31 billion in assets under management, provided capital to TravelPerk to fund the acquisition, which will …

Vacayou, a new online platform for discovering and booking wellness travel experiences, raised $ 3.3 million in combined investor and seed rounds to support its launch. The funding is led by investor and owner of the Tampa Bay Lightning, Jeff Vinik, Relevance Ventures and other angel investors. Vacayou is launching in beta with over 100 …

LOUISVILLE, Ky. (WDRB) – In a bizarre consequence of the 2020 travel industry shutdown, Louisville Metro taxpayers are left with the bag for an estimated $5 million in unexpected costs from old agreements. years to publicly subsidize the construction of two private downtown hotels, according to Mayor Greg Fischer’s administration. The $5 million represents debt …

CHINA. Collinson announced a strategic partnership with Fliggy, the travel platform owned by the Alibaba group. It gives Fliggy premium members free access to more than 190 lounges at 60 major airports in China through Collinson’s airport experience program, LoungeKey by Priority Pass. Under the terms of the agreement, Fliggy F3 members will be able …

Business travel platform Pana is now part of the Cut expense management service. Terms of the acquisition were not disclosed. The deal is the second in the travel industry in recent years for U.S. company Coupa after its agreement to buy Yatra in January 2020. Coupa CEO Rob Bernshteyn said the Pana acquisition agreement “will …

Hong Kong travel and leisure booking platform Klook has closed a $200m Series E funding round led by Aspex Management, with participation from Sequoia Capital China, SoftBank Vision Fund 1, Matrix Partners China and Boyu Capital, according to a press release. “Despite a difficult 2020, we showed our courage, turning challenges into growth opportunities with …

Millions of families have seen their travel plans disrupted by the coronavirus pandemic, but hotels in the area are hoping Nashvillians will want a change of scenery and take advantage of cyber stay offers. The holiday shopping season, which begins this weekend, will be different from previous years due to the pandemic. Huge discounts are …

Exotic will use an additional € 5 million funding round to an earlier Series B investment to position the company for the industry’s post-pandemic recovery. The Spain-based company previously secured the first phase of the Serie B round of funding, for a total amount of € 11 million, in July 2019. Once again, Exoticca’s investment …

Klook has moved from travel and leisure bookings to direct shopping for merchants. Getty Images The pandemic has limited travel restrictions around the world, putting many travel-related businesses out of work, slowing the tourist city of Hong Kong with a 99% drop in international visits. Klook, a unicorn travel and leisure booking platform backed by …

Evolve from a ticketing platform for AirAsia flights, AirAsia.com is emerging as one of the leading one-stop travel and lifestyle e-commerce platforms in Asean, offering products from flights, hotels, travel activities, shopping and more. Under difficult operating conditions, AirAsia.com has achieved significant growth through diversification and digital innovation. Karen Chan, CEO of AirAsia.com, shares her …

A few painful months for travelers, with a raging pandemic that refuses to budge. But, those who want to travel always find a way. While lockdown restrictions have eased a bit over the past few weeks, some people have finally started looking for places to travel, even for a quick weekend. As such, many hotels, …

LONDON–(COMMERCIAL THREAD) – Corona has long been synonymous with the beach and the natural world. After months of confinement, the brand wants to reconnect people with the outdoors, which is now more beautiful than ever. To get out of the world and explore nature with care, Corona is launching a travel platform called “Rediscover Paradise”. …

The global travel industry has come to a halt after governments around the world announced strict closures to prevent the spread of COVID-19. At Unitize’s Virtual Blockchain conference on July 6, Juan Otero, co-founder and CEO of online crypto travel agency Travala, backed by Binance, said the platform has seen a sharp drop in volumes. …

According to a announcement As of June 30, 2020, EMURGO, a founding member of the Cardano Protocol (ADA), has partnered with the leading blockchain-based travel booking platform Travala.com to allow users to pay for their travel with ADA altcoin. Travala.com now accepts ADA EMURGO, a global blockchain solutions provider has reached an agreement with online …

Let me start this article with a confession, but please don’t judge me. As someone who travels a lot and always works to try to optimize my travel experience, I’ve never really spent more than two seconds thinking about what it must be like to travel for a person with a disability. I mean sure, …

Travala, a service that allows its users to pay for their hotel stays with digital currency, has expanded its crypto payment options by adding support for NEM (XEM) tokens. The NEM Foundation and Travala.com announced the integration of XEM with the travel agency’s platform, according to a blog post published by Travala on January 22. …

News Roundup: More than a million hotel listings and trip planning on the new integrated travel platform BlackBook, Wirecard’s partnership with Chinese Yeepay to “internationalize” payments, extension of Grab routes in Japan and in the Middle-East Hospitality: Book rooms and plan trips on the new BlackBook travel platform BlackBook for booking rooms and planning trips …

The Singapore-developed BlackBook integrated travel management platform, which “seeks to solve travelers’ problems”, will be available worldwide by December 2019. Offering the largest hotel inventory of over 1.8 million hotel listings, BlackBook will offer travel planning and management features and a host of travel-related services that will be available soon. BlackBook Offers Largest Hotel Inventory …

The online travel platform has received overseas investment from OS Ventures and local investment from BRAC Osiris Impact Ventures, which will enable Go Zayaan to expand its services and invest in its in-house developed technology platform. Online travel aggregator (OTA) Go Zayaan, launched in 2017, has received local and foreign investment. The online travel platform …

Advertising and media veteran Jason Kelly co-founded a new startup called Kambr that wants to change the way airline analysts handle flight prices and inventory. The startup plans to create revenue management software that major airlines can use to monitor how people buy airline flights and help them compete with online travel agents. Ultimately, Kelly …

The focus will first be on today’s news: Google will shut down its Google Trips app in August of this year. The search giant quietly updated the app’s help page this week to reveal that support for the product will end after nearly three years in the market. The app was available for iOS and …

Mafengwo, a Chinese travel website, today announced that it has raised a $250 million Series E led by Tencent Holdings. Subscribe to the Daily Crunchbase General Atlantic, Qiming Venture Partners and others also participated in the round, bringing the total raised by the Beijing-based company to just over $500 million, according to its Crunchbase profile. …

Ah, the cheeky. Since Expedia changed its name from Expedia Inc. to Expedia Group in March, it has marketed itself as “the world’s travel platform”. At the company’s partner conference in December, executives took to the stage in Las Vegas and variously described the company as either already “the world’s travel platform” or aspiring to …

Coinciding with the European Heritage Days celebrations, UNESCO will launch the first-ever web platform dedicated to World Heritage and sustainable travel. Supported by the European Union, the platform features 34 selected World Heritage Sites across 19 European Union countries and was developed in collaboration with National Geographic. The launch will take place when UNESCO Headquarters …

American Airlines, the world’s largest carrier, has formed a partnership to access up to 549 million potential passengers in China. The Fort Worth-based carrier has partnered with Chinese e-commerce giant Alibaba’s travel platform Fliggy. The arrangement allows Alibaba users to book American Airlines flights and allows members of Fliggy’s loyalty reward to earn elite status …

US online travel agencies (OTAs) continue to rise and have increased their share of the total travel market. Driven mainly by the hotel and mobile industries, OTA online reservations are now growing faster than those of suppliers, which are on the decline. Photo: Phocuswright The share of OTAs in the online travel market reached 39% …

The story behind Kind traveler, a new platform that reveals exclusive hotel deals and discounts when you donate to charity, is a story most travelers are familiar with. On a trip to Belize in 2012, founders Jessica Blotter and Sean Krejci, both entrepreneurs who had worked with startups, came face to face with the kind …

Travel sparked India’s e-commerce boom, and companies like MakeMyTrip and Cleartrip are still among the best-known names among Indian online businesses. But as many have noted, this is a category where top performers are busy optimizing the details of their business, and there’s plenty of room for disruption. SavvyMob, which raised funds in January, is …

The Middle East travel market is poised to experience significant growth over the next few years, according to a new study from travel industry research authority Phocuswright. Jeff Strachan: Growing Middle Eastern Online Channel. As internet penetration increases, so does the population of young adults ready to travel, and as the region’s technological infrastructure improves …