Finisterra Travel LTD

TRAVEL TECHNOLOGY

Sabre Corporation | November 04, 2020

Sabre Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry, announced today it will be launching the Company's first product powered by its proprietary Sabre Travel AI ™ technology. Working with Google, the Company is developing technology that will accelerate the delivery of a smart, scalable retail engine that is powered by state-of-the-art AI technology and advanced machine-learning (ML) capabilities, the first of its kind in...

TRAVEL TECHNOLOGY

FocusPoint International | June 16, 2022

On June 15, FocusPoint International, a market-leading global assistance company, announced launch of its CAP Tripside Assistance (CAP) service plan at their recent ribbon-cutting ceremony inaugurating their new 22, 000 square foot South Florida headquarters and Crisis Response Center (CRC) located in Plantation, Fla. The launch of this domestic travel protection package under CAP for vacations and excursions for Americans traveling within the USA is a result of the success of the...

TRAVEL TECHNOLOGY

TripActions | October 14, 2021

In less than a year, TripActions has secured a second massive funding round – this time $275 million in Series F growth funding. The round was led by Greenoaks Capital with participation from prior investors Elad Gil, Base Partners and all key existing financial investors and values TripActions at $7.25 billion on a post-money basis. The funding comes less than nine months after TripActions' Series E round of $155 million in January. The travel management ...

INDUSTRY OUTLOOK

Despegar, Corp | June 09, 2022

Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, ...