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Buying Business Travel | February 10, 2020
Capita Travel and Events CEO James Parkhouse has joined the executive board of the Business Travel Association to help define the strategic direction of the industry body. Parkhouse joins 14 voluntary experts and leaders from across the business travel industry on the board, which sets goals and objectives, oversees programmes and activities, and actively manages risks. He has been at the helm of Capita Travel and Events since 2008 and has overseen the company’s strategy of creating ...
COMMERCIAL TRAVEL
Despegar | May 09, 2022
Despegar.com, Corp. (NYSE: DESP) (“Despegar”), the leading online travel company in Latin America, announced that it has agreed to acquire TVLX Viagens e Turismo S.A (“Viajanet”), one of the leading online travel agencies in Brazil, for a total consideration of approximately US$15 million and subject to customary closing conditions. Under the terms of the agreement, 60% of the purchase price will be payable at closing, 20% in 24 months and the remaining 20% in 36 months.V...
DESTINATION AND TOURISM
Business Journal | December 15, 2021
Denver is one of the top 10 most popular destinations by flight this holiday season, according to a new online travel agency survey. Among those planning to fly between Dec. 17 and Jan. 1, Denver is one of the most popular destinations — and one of the most affordable for booking hotels — according to a survey by RetailMeNot and Priceline. Denver ranks among other popular cities such as New York City, Orlando, Florida, and Las Vegas for flight destinatio...
FEATURES AND ADVICE
Air Canada | July 26, 2021
After reporting a bigger quarterly loss on Friday, Air Canada projected higher bookings for domestic and US-bound flights this winter as travel restrictions ease. Although bookings remain below pre-pandemic levels, Canada's biggest airline predicts slower cash burn as travel resumes. "We are witnessing steadily increasing bookings for the coming winter in the domestic, trans-border, and Atlantic markets, as well as to sun destinations," CEO Michael Rou...
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