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HOSPITALITY TRENDS
Hazelton Hotel | December 20, 2021
For the 5th consecutive year, Trip Advisor has named The Hazelton as the #1 hotel in Toronto, Canada. For 2021, the hotel ranked among the top 1% of hotels worldwide and received Traveler's Choice Best of the Best award the highest honour by Trip Advisor. In addition, the hotel also received the 2021 Traveller's Choice award. Despite the recent challenges the hospitality industry has faced, The Hazelton is honoured once again to be recognized as a leader in hospitality by providing an un...
TRAVEL TECHNOLOGY
Spotnana | September 24, 2021
Spotnana Technology Inc.,the first technology company to build an open global innovation platform for travel, today emerged from stealth mode and announced $41 million in funding. The funding includes a $34 million Series A led by ICONIQ and Madrona Venture Group. “Spotnana’s cloud-native unified global platform solves problems that have plagued the corporate travel world for decades and represents a giant leap forward for all participants travel suppliers, travel mana...
Sabre Corporation | December 21, 2021
Sabre Corporation (NASDAQ: SABR) announced that Air Serbia successfully implemented Sabre's Dynamic Availability software, which will help the airline to actively respond to evolving conditions with optimized pricing information. Leveraging shopping data as well as information on traveler behavior and other key factors from Sabre's marketplace and other sources, Dynamic Availability applies machine-learning models to generate recommendations that help drive increment...
PhocusWire | April 09, 2020
Booking Holdings says bookings have decreased by more than 85% year-on-year. In an update on the impact of COVID-19 on current trading, the online travel company says it believes the impact on the current quarter, ending June 30, will be greater than the situation in the first quarter of 2020. Booking Holdings also talks about a number of steps taken around supporting its financial position including an offering of senior notes, which is expected to raise $3.23 billion, as well as an offering of...
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