Meridional Events

PR Newswire | January 22, 2020

RateGain Technologies, the leading SaaS player in travel and hospitality, today announced that Logitravel, a leading pan-European OTA specialized in holidays, helping over five million people each year arrange their holidays, has selected RateGain's real-time competitive price intelligence product, PackageGain to remain on top of market movement, accelerate their growth to unlock new revenue opportunities. Logitravel would leverage RateGain's unique pricing intelligence product, PackageG...

Travel Daily Media | March 09, 2020

The Leading Travel Index (LTI), the predictive component of the US Travel Association’s Travel Trends Index (TTI), has predicted international inbound travel to the US will fall 6% over the next three months as the coronavirus outbreak continues to affect the global economy. The latest TTI captured data from January, when awareness of coronavirus began to rise and China — one of the biggest travel markets to the US — implemented aggressive measures to curb travel out of certain...

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...

CRUISE

Carnival Cruise Line | July 14, 2021

Carnival Cruise Line has introduced a new requirement for unvaccinated Floridians who wish to go on vacation cruises. Those above the age of 12 who are not vaccinated will be required to purchase travel insurance for cruises departing from Florida homeports beginning July 31. When checking in, each visitor will be required to show proof of an insurance policy with a minimum of $10,000 in coverage. The insurance must also include $30,000 in coverage for emergency med...