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Industry Outlook
Hyatt Hotels Corporation | September 28, 2021
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today the pricing of its public offering of: $700.0 million aggregate principal amount of senior notes due 2023, which will bear interest at a fixed annual rate of 1.300%; $300.0 million aggregate principal amount of floating rate senior notes due 2023, which will bear interest at a rate equal to Compounded SOFR (as defined in the p...
Airlines and Airports
Star Alliance, SITA, NEC Corporation of America | June 17, 2021
The Star Alliance has signed an agreement to extend airport biometric processing technologies with airline IT supplier SITA and NEC Corp. Members of any Star Alliance airline's frequent-flyer program will ultimately be able to access biometric touchpoints at participating airports under the terms of the agreement. SITA's Smart Path technology is already accessible at over 460 airports worldwide, and the addition of NEC to the alliance means they will be able to collaborate...
Hospitality Trends
prnewswire | July 12, 2023
Sojern, the leading travel marketing platform, today announced the acquisition of VenueLytics, the hospitality industry's most integrated guest experience platform serving independent hotels, resorts, chains and casinos. Sojern will incorporate VenueLytics' capabilities as an extension of the Sojern Travel Marketing Platform. Sojern has long been a direct bookings driver for hotels—providing comprehensive digital advertising solutions that help travel marketers fin...
Travel Technology
Ardor Travels | February 25, 2022
Ardor Travels is forever changing the business travel industry by introducing its all-new, technologically advanced travel and expense platform. It offers everything small and mid-sized businesses and their employees need, such as user-friendly hotel, flight and car booking, reporting and expensing completely accessible at their fingertips—all while being entirely customizable. The platform was designed to empower both travelers and businesses with its unmatched benefits and...
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