Rosen Hotels & Resorts

Travel Technology, Hospitality Management

Virgin Voyages | September 08, 2023

Virgin Voyages announced a $550 million funding round led by Ares Management for global expansion. Founder Tom McAlpin transitions to Chairman of the Board, while Nirmal Saverimuttu takes over as CEO, bringing extensive experience from Virgin Voyages' early days. Virgin Voyages looks forward to continued success and collaboration with investors, including Ares Management, to drive future growth and innovation. Read More

PhocusWire | April 20, 2020

Activity in the adventure travel industry is expected to be down 40% compared with last year. In a recent survey of members, The Adventure Travel Trade Association (ATTA) says that the impact of COVID-19 is expected to be felt throughout 2020. In addition, the study shows that 84% have a negative outlooks on ongoing business prospects with organizations revealing a 63% drop in demand for the second quarter of 2020 and a 73% increase in cancellations compared to the same time last year. The resul...

U.S. Travel Association | June 11, 2020

One of the ways the tourism industry wants to get travel back on track is to encourage people to take vacations with a new tax incentive. The “Explore America” Tax Credit is a new plan circulating around Congress and the White House that could give Americans up to $4,000 in tax breaks for vacation expenses at hotels, theme parks and other tourism businesses through the end of 2021....

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...