ADTRAV Travel Management

Destination and Tourism

Hyatt Hotels Corporation | January 25, 2022

Hyatt Hotels Corporation (NYSE: H) announced plans to accelerate its brand growth in the Americas region with a strong pipeline of expected hotel openings through 2023. Fueled by growing leisure travel demand, 45 hotels are expected to join Hyatt’s portfolio of brands, including Apple Leisure Group’s (ALG) AMRTM Collection brands, in 2022 and 2023 in key resort, all-inclusive and sought-after urban destinations. In addition, Hyatt has signed management and franchise agreements ...

Features and Advice

Dragonchain My travelBLOC | September 03, 2021

My Travel Bloc Inc. and Bellevue based Dragonchain have entered into a Letter of Intent to co-develop and deploy the most secure and efficient blockchain travel solution on earth. TravelDragon will combine My Travel Bloc's global travel services platform with Dragonchain's energy efficient hybrid blockchain and patented smart contracts platform. This benchmark solution is designed to process over twenty two thousand (22,000) transactions per second on an environmentally su...

Business Travel

Northstar Travel Media LLC | August 12, 2021

Sustainability has become one of the hottest topics in the travel industry in the past few years – and particularly since the start of the pandemic, as the halt of travel put a spotlight on what “could be” and created an opportunity to spur transformational change from this moment forward. Consumers are indicating a heightened interest in sustainability in all forms – environmental, economic and social. Booking.com’s Sustainable Travel Report 2021, ba...

Industry Outlook

Holisto. | June 15, 2022

On June 13, Holisto Ltd, a leading technology-based online travel booking platform, and Moringa Acquisition Corp, a special purpose acquisition company, announced that they entered a business combination agreement that would get Holisto publicly listed on the Nasdaq. Holisto Ltd’s expected pro forma equity value will be approximately $405 million, thanks to this business combination. Moringa’s non-redeeming public shareholders can receive a pro-rata portion of a bonus ...