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Nexion Travel Group | April 05, 2022
Nexion Travel Group, the leading host agency for travel professionals, recently completed its inaugural "Immersive Journey" on board Princess Cruises' Regal Princess. From March 7-12, 2022, 20 travel advisors who are members of Nexion Travel Group were hosted by Princess and Nexion's Business Development & Education (BDE) team to learn about how they can set their agencies up for long-term success."Coach Martin" Mussey, BDE Manager for Nexion Travel Group and cert...
Upaway | December 24, 2021
New travel company Upaway is setting out to tackle Trip Chaos with the official launch of its on-demand support in time to service holiday travelers. Founded by Twitter alumna and DE&I thought leader Kayla Glanville, Upaway aims to disrupt the outdated consumer travel industry and make typically out-of-reach, premium travel support accessible and affordable to tackle travel stress. To help people navigate today's uncertain travel landscape and avoid Trip Chaos, the company...
Hospitality Trends
Plusgrade | February 01, 2023
On January 31, 2023, Plusgrade announced the acquisition of UpStay, a fast-expanding provider of upgrade and auxiliary revenue solutions for the hospitality industry. UpStay helps hundreds of hotels in 17 different countries make more money by giving their guests more value. Meanwhile, this integration strengthens its five global travel ventures, adding hotel upgrades and other innovative ancillaries to its ancillary revenue and loyalty products. As a result, it expects to gener...
Industry Outlook
Despegar, Corp | June 09, 2022
Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, ...
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