Sharaf Travel

Travel Technology

Avolar Travel | August 30, 2022

ZentrumHub, a PaaS-based travel technology company has announced its collaboration with Avolartravel.com, a leading travel agency in the North American region. This partnership will enable Avolartravel to launch its hotel booking platform in less than two weeks. ZentrumHub's Universal hotel booking API uses cutting-edge technologies, such as artificial intelligence and machine learning, to streamline the hotel booking process seamlessly. With this new partnership, travellers c...

Business Travel

Business Wire | October 31, 2023

HotelREZ, one of the world’s largest and highly-awarded hotel distribution and representation companies, has been selected to power the newly launched Elegant Hotel Collection, a global soft brand targeting the luxury sector. Launched last week with a curated founding member portfolio of 25 hotels, Elegant Hotel Collection is on course to grow to 50 hand-selected prop...

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...

Airlines and Airports

Avolon | February 17, 2022

Avolon, the international aircraft leasing company, announces that one of the world’s leading airline groups, AirAsia Aviation Group Limited (‘AirAsia’), has signed a non-binding memorandum of understanding to lease a minimum of 100 VX4 eVTOL aircraft from Avolon. These eVTOL aircraft will allow AirAsia to further revolutionise air travel by providing advanced air mobility to a whole new range of passengers, transforming how we all connect more efficiently in our everyday lives...