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Industry Outlook

Holisto. | June 15, 2022

On June 13, Holisto Ltd, a leading technology-based online travel booking platform, and Moringa Acquisition Corp, a special purpose acquisition company, announced that they entered a business combination agreement that would get Holisto publicly listed on the Nasdaq. Holisto Ltd’s expected pro forma equity value will be approximately $405 million, thanks to this business combination. Moringa’s non-redeeming public shareholders can receive a pro-rata portion of a bonus ...

GLOBUS FAMILY OF BRANDS | July 14, 2020

Very few of us travel in isolation. Instead, when we explore the world, we share experiences with wayfarers from across the globe. We also share airplanes, town squares, markets and must-see landmarks. When travelers choose Globus or Cosmos, they’re choosing to explore the world in a small group of like-minded travelers: People who stick together from start-to-finish. Now more than ever, there’s great comfort and extraordinary confidence in that choice....

Travel Weekly | February 18, 2020

Aussie travel tech company Aeronology has signed a long-term agreement with one of the largest corporate travel businesses in greater china. The partnership with Connexus Travel covers the use of all distribution technology applications that Aeronology provides the travel industry with, including AeroTickets. Connexus Travel CEO Gloria Slethaug said the company has a focus on new technologies covering internal work efficiencies with robotic and integrated content for online transactions, NDC and...

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...