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Travelport | September 17, 2020

Travelport Worldwide Limited ("Travelport" or the "Company"), a leading travel technology company, today announced that it has reached an agreement with the Steering Committee of the Ad Hoc Group of Lenders (the "Ad Hoc Group") to effectuate certain financing open market purchase and exchange transactions, pursuant to which, among other things, the Company's existing lenders will provide $500 million in new funding to the Company and the parties will release all...

Hospitality Trends

Noble Investment Group | February 19, 2022

Noble Investment Group ("Noble"), a leading real estate investment management firm specializing in the upscale U.S. lodging sector, and Host Hotels & Resorts, Inc. ("Host"), a member of the S&P 500, the largest lodging real estate investment trust, and one of the most respected investors in luxury and upper-upscale hotels in the world, have formed a transformational strategic partnership to cultivate and expand innovative travel, leisure, and hospitality opportunities...

Destination and Tourism

prnewswire | August 18, 2023

Global luxury travel network Virtuoso reveals when, where and how the affluent are traveling for the remainder of 2023. Respected as an industry-leading trend forecaster, Virtuoso gathered data and insights from its network of travel advisors, preferred partners and high net worth/ultra-high net worth clientele based on its data warehouse of more than $63.6 billion in transactions and an ongoing series of surveys. The results were shared at luxury travel's leading event, the 35th annua...

Business Travel

KAYAK and Babbel | November 11, 2021

Travel ranks among the top three reasons Americans want to learn another language, according to a recent survey from KAYAK, the world's leading travel search engine. One quarter (almost 24%) said they simply feel more comfortable visiting a country where they can speak the local language, while nearly the same (23%) want to avoid the embarrassment of mispronouncing a word. To help Americans travel like a local while speaking like one too, KAYAK and Babbel are teaming up to lau...