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Hersha Hospitality Management (HHM) | July 14, 2022

Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portf...

Travel Technology

TixCarte | February 12, 2021

In numerous regards the effect of Covid-19 to the tourism industry is apparent and without a doubt changing. With travel limitations basically everywhere on the world and the majority of the tourism attractions being closed down, COVID-19 has managed a staggering hit to the business. Notwithstanding, rotating or adjusting to endure is one exertion to remain in business and will include the utilization of technology which could carry a positive lift to new companies occupied with travel tech as a...

Travel Technology,Industry Outlook

IBS Software | December 08, 2022

New data from travel technology company IBS Software reveals that despite more than two thirds (68%) of passengers being inconvenienced by disrupted journeys since COVID travel restrictions were lifted and 66% expecting more of the same during upcoming trips, most (83%) still plan on flying for a break in the next six months. The research, which polled 2000 recent travellers in the UK and US*, warns that holiday providers have one more chance to get it right; if holidaymakers expe...

Travel Daily Media | January 22, 2020

Jet2 com and Jet2holidays has partnered with WeSwap to offer customers a prepaid contactless global travel money card and help organise all their travel essentials when abroad. In addition, customers can receive GBP 15 (USD 19.58) free travel money when they sign up and load a minimum of GBP 50 (USD 65.25) onto the currency card for the first time. WeSwap’s globally accepted Mastercard and easy to use app helps travellers save up to 90% on their travel money by swapping currencies directly...