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UNWTO | May 07, 2020
International tourism faces its worst crisis since records began, with up to 1.1bn fewer people taking trips globally in 2020. The scale of the coronavirus pandemic’s impact is outlined in a report by the World Tourism Organization (UNWTO), which predicts a decline in international arrivals of between 58% and 80% this year. This is due to widespread travel restrictions and the closure of airports and borders worldwide. The prediction of a 58% decline is based on the gradual ...
INDUSTRY OUTLOOK
Selfbook | December 09, 2022
Selfbook, a unique, comprehensive hotel payment software platform bringing direct bookings and modern payment technology to hotels worldwide, announced a strategic investment from Amex Ventures. The investment follows a $40 million Series A and A+ round led by Tiger GlobalThis announcement highlights Selfbook’s continuous growth within the hospitality space. As it continues to broaden its reach in the travel industry, Selfbook looks forward to working with American Express following this i...
Buying Business Travel | February 12, 2020
Diversity Travel has become a member of Advantage Business Travel, bringing the consortium’s TMC count to 123 with a collective turnover of more than £3.5 billion. With offices in Manchester, London and Arlington, Virginia, the company provides services to clients in the charity, academic and not-for-profit sectors. The company currently has 175 staff members globally, with plans to expand following several new client wins in early 2020. US growth is a particular focus for the TMC th...
TRAVEL TECHNOLOGY
Canada Jetlines | March 08, 2023
Canada Jetlines, an airline and aviation company, has recently confirmed that travel agents in Canada can access its seat inventory for booking and viewing through the Sabre Global Distribution System, increasing its geographic reach and targeting new leisure traveler segments. Sabre Corporation is a worldwide software and technology solutions provider dedicated to the travel industry. It could sell Canada Jetlines' seat inventory for its subscribers. With Sabre's global...
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