Alterkeys

Destination and Tourism

The European Union | August 28, 2021

The European Union on Friday moved to reinstate COVID travel restrictions like quarantine and testing requirements for unvaccinated citizens of the United States and five other countries, two diplomats told Reuters. EU countries started a procedure to remove the United States from a list of countries whose citizens can travel to the 27-nation bloc without additional COVID restrictions. The non-binding list currently has 23 countries on it, including Japan, Qatar and...

TravelDailyNews International | March 04, 2020

Peakwork has been focusing on handling ever-increasing data volumes and demonstrates how data can both be controlled and managed efficiently, as well as used to optimally adapt the travel offers portfolio to meet traveler needs and increase booking rates. Hybrid technology: Efficient connectivity of travel offers. The number of travel offers is continuously increasing. As a result, hosting and traffic costs for providers are also on the increase. Peakwork now optimizes the connectivity of travel...

Commercial Travel

Mastercard | January 21, 2022

Mastercard announced the establishment of a new Tourism Innovation Hub in Spain, with the support of the Spanish Government. The Hub, based in Madrid and which will open in the second quarter of 2022, will develop solutions to support a sustainable and inclusive recovery for the global tourism sector through innovation, research and collaboration across the ecosystem. The initiative was ratified today, at the FITUR International Tourism Fair, between Reyes Maroto, Spain’s Minister of...

Hospitality Trends

kasada | March 26, 2022

Funds advised by Kasada Capital Management (“Kasada”) announced the acquisition of the 120-key Cape Grace hotel in Cape Town, South Africa. This acquisition marks Kasada's entry into the South African hospitality market and the continued fulfilment of the platform’s strategy to expand its presence in key cities across Sub-Saharan Africa. Kasada will now deploy its expertise in Cape Town with an asset voted one of the “Top Luxury Hotels” in t...