Operation Groundswell

Travel Daily Media | March 16, 2020

Flight Centre Travel Group (FCTG) has strengthened its technology roadmap and air content offering to customers by securing an initial investment in TPConnects Technologies. The Dubai-based travel technology company is a leading provider of travel technology solutions focusing on New Distribution Capability (NDC) and ‘One Order’ initiatives from International Air Transport Association (IATA). In Asia, this strategic investment is of particular significance to FCM Travel Solutions, a ...

INDUSTRY OUTLOOK

Novacap, Plusgrade | September 18, 2021

Gaining a foothold into the highly lucrative ancillary revenue market, leading Canadian private equity firm Novacap, announced today that it acquired a substantial equity interest in Montreal-based Plusgrade, the global market leader in upgrade technology and a key ancillary revenue partner for their more than 70 partners in air, cruise, and rail. Founded in 2009, Plusgrade helps airlines, cruise lines and rail operators manage and optimize revenue generated from seat upgrad...

TRAVEL TECHNOLOGY

TRVL | November 25, 2021

It was announced that TRVL, the utility token powering Dtravel, a decentralized platform for the home sharing economy facilitating short-term stays, will launch on Friday November 26, 2021 and will be available on MEXC Global, Bybit, Gate.io and Polkastarter. "As we continue to expand our community to include an even greater variety of passionate voices, we're looking forward to seeing the TRVL token in action within our community and propelling the next evolution...

BUSINESS TRAVEL

Sabre | November 17, 2021

Sabre Corporation (NASDAQ: SABR), the leading software and technology provider that powers the global travel industry, announced a new distribution partnership with Calafia Airlines, a Mexican regional carrier, which will enable the airline to power future revenue growth while reaching new market segments. Thanks to this multi-year agreement, Calafia will distribute its flights and services through the Sabre travel marketplace, ensuring that Sabre-connected agencies based in...