FCM Travel Solutions Asia

Commercial Travel

Pyramid Global Hospitality | June 03, 2022

On June 2, Benchmark Pyramid announced that it was rebranding to Pyramid Global Hospitality. The company’s parent entity will include multiple divisions responsible for specific industry segments. Pyramid Global Hospitality will look over all the branded properties in the Americas, while Benchmark, Pyramid Luxury Lifestyle will focus on the company’s portfolio of other independent properties. Pyramid Europe and Hamilton will continue to manage the company’s growing portfolio of...

The World Travel & Tourism Council | July 22, 2020

The World Travel & Tourism Council (WTTC) is warning that a return to country-wide border closures and blanket travel restrictions could derail the industry's recovery, stalling global economic growth. As a result, the organization is urging governments around the world to respond to spikes in COVID-19 cases with regional and local measures. WTTC said it also supports the opening of city to city "air corridors" connecting global financial centers like London and New York...

Hospitality Trends

Prism Hotels & Resorts | December 15, 2021

Dallas-based Prism Hotels & Resorts, an award-winning, full-service hotel management, investment and advisory services company representing more than 48 properties across the country, has been acquired by Aimbridge Hospitality, a leading global hospitality company. The terms of the deal will not be disclosed. The announcement was made by Steve Van, President & CEO of Prism Hotels & Resorts and Aimbridge President & CEO Michael J. Deitemeyer. In addition to a strong...

Travel Technology

Tripedia | November 29, 2021

The AI is based on data of information and resources. Users on the platform can equally participate in sharing information bringing about a decentralized ecosystem. Bringing Trust Back to the Travel Industry OTAs have improved digital security protection. Yet, they are not always immune to cyber attacks. Successful hackers commit fraud using stolen customer data. So, it lowers trust in the travel industry. Pricing is not always transparent. <...