African Lion Safari

COMMERCIAL TRAVEL

Despegar | May 09, 2022

Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the terms of the agreement, 60% of the purchase price will be payable at closing, 20% in 24 months and the remaining 20% in 36 months.V...

TRAVEL TECHNOLOGY

Motorola Solutions’ | April 20, 2022

Motorola Solutions, Inc. (NYSE: MSI) announced its Safe Hospitality solution, a unified technology ecosystem that combines video security, access control, data and communications technologies. The Safe Hospitality solution integrates these technologies via a simple cloud-based platform to support the specific operational, security and safety requirements of this industry. For example, video security analytics can send alerts to radios when unusual activity is detected, and a...

Buying Business Travel | February 05, 2020

BCD Travel has acquired the business travel and meetings and events activities of its long-time Milan-based Italian partner Ventura Spa. As a result of the purchase, Ventura Spa will operate as a newly-formed company called BCD Travel Italy, which will offer corporate travel, meetings and events and travel consolidation services. Founded in 1977, Ventura Spa became a BCD partner in 2006. With annual sales of around US$400 million and 380 staff, the new company will maintain its offices in Milan,...

HOSPITALITY TRENDS

Hyatt Hotels Corporation | July 06, 2022

Hyatt Hotels Corporation (NYSE:H) is proud to announce Caption by Hyatt Beale Street Memphis opened its doors marking the launch of Hyatt’s new lifestyle brand, Caption by Hyatt. Located on the corner of world-famous Beale Street and Front Street, the 136-room hotel offers guests a select-service neighborhood experience that sparks conversation and grounded by the people and place of one of Memphis’ most sought-after areas. With spectacular views of the Mississip...