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BUSINESS TRAVEL

Travel + Leisure Co. | September 02, 2021

Travel + Leisure Co. will hold its 2021 Investor Day on September 10, 2021, to provide an update on the company’s strategy and outlook. The presentation will outline the company’s strategy to grow its cornerstone timeshare and vacation exchange businesses, and to develop new business extensions to broaden its reach into the leisure travel market. The event will be hosted by Michael D. Brown, president and CEO of Travel + Leisure Co., and feature presentations by Geoff ...

Travelport | September 17, 2020

Travelport Worldwide Limited ("Travelport" or the "Company"), a leading travel technology company, today announced that it has reached an agreement with the Steering Committee of the Ad Hoc Group of Lenders (the "Ad Hoc Group") to effectuate certain financing open market purchase and exchange transactions, pursuant to which, among other things, the Company's existing lenders will provide $500 million in new funding to the Company and the parties will release all...

Travel Daily Media | February 27, 2020

CWT, the B2B4E travel management platform, has announced partnership with Timeshifter – the jet lag app. It gives business travellers the ability to create their own personalised jet lag avoidance plans based on sleep pattern, chronotype, itinerary, and personal preferences – such as pre-travel adjustment, or the use of melatonin for even faster adaptation. Patrice Simon, vice president of new product development at CWT said: “We are thrilled to offer an innovative solution tha...

BUSINESS TRAVEL

Hyatt Hotels Corporation | August 16, 2021

Hyatt Hotels Corporation today announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to close in the fourth quarter of 2021, subject to customary closing conditions. ALG’s resort brand management platform AMResorts® provides management s...