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Travel Technology

Tripedia | November 29, 2021

The AI is based on data of information and resources. Users on the platform can equally participate in sharing information bringing about a decentralized ecosystem. Bringing Trust Back to the Travel Industry OTAs have improved digital security protection. Yet, they are not always immune to cyber attacks. Successful hackers commit fraud using stolen customer data. So, it lowers trust in the travel industry. Pricing is not always transparent. <...

Hospitality Trends

prnewswire | May 02, 2023

JetBlue Ventures and Plug and Play Tech Center announce that their partnership has once again been successful in fostering innovation and growth in the travel industry. Their partnership aims to increase collaboration in the travel tech industry as both companies discover and pair startups with commercial aviation business opportunities. Through this collaboration, they were able to create an impactful partnership between travel startup Autio, a location-based audio story app, and JetBlue....

Travel Technology, Industry Outlook

Radisson Hotel Group | September 09, 2022

CellPoint Digital, the global leader in payment orchestration, announces a new partnership with Radisson Hotel Group.Radisson Hotel Group is one of the largest international hotel groups. The Radisson family of brands can be found around the world in more than 120 countries. Radisson Hotel Group operates the business in EMEA and APAC with over 1,000 hotels in operation and under development. The Group will now use CellPoint Digital’s full payment orchestration platform to seamlessly integr...

Industry Outlook

Despegar, Corp | June 09, 2022

Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, ...