British Hospitality Association

Travel Daily Media | March 16, 2020

Flight Centre Travel Group (FCTG) has strengthened its technology roadmap and air content offering to customers by securing an initial investment in TPConnects Technologies. The Dubai-based travel technology company is a leading provider of travel technology solutions focusing on New Distribution Capability (NDC) and ‘One Order’ initiatives from International Air Transport Association (IATA). In Asia, this strategic investment is of particular significance to FCM Travel Solutions, a ...

Travel Technology, Industry Outlook

Trip.com | August 10, 2022

The global travel rebound continues apace this summer, with global air traffic reaching almost 70% of pre-pandemic levels in May and international hotel occupancy rates achieving the same in April. Yet, against the backdrop of an increased appetite for travel driven by more than two years of pent-up demand, getaways over the summer months are likely to be affected by supply chain issues at airlines and airports, fully booked hotels and rising costs of accommodation and car hire.In the UK, travel...

Commercial Travel

Operto | March 21, 2023

Operto Guest Technologies, a leading provider of automated solutions for 50 million-plus rooms in the global hospitality industry, today announced that it secured US$25 million in a Series-B financing round. The financing was led by Centana Growth Partners, with participation from Thayer Ventures, FUSE, Blackpines Capital Partners and Derive Ventures. Proceeds from the round will be used to further fuel Operto’s aggressive expansion in the global short-term rental and hote...

Business Travel

globenewswire | August 17, 2023

Mondee Holdings, Inc. the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the acquisition of Skypass Travel, Inc. (“Skypass”), a global full-service retail and wholesale provider of corporate, leisure, and humanitarian travel, based in the Dallas, Texas area. The acquisition of Skypass supports Mondee's ongoing expansion and diversification endea...