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TTR Weekly | March 24, 2020
Sabre Corporation, a technology provider for the global travel industry, announced Monday cash cuts of around USD200 million from its business in 2020. “This is an unprecedented time. The global travel industry is facing challenges beyond what has been experienced before. We are fortunate that significant aspects of our cost structure are variable and are taking steps to help align our other costs with the current demand environment,” said Sabre president and CEO Sean Menke....
Skal International | September 14, 2020
The Pandemic hit the travel and tourism industry the hardest around the globe. During this most difficult time, Skål International has been able to work on successful retention with its 350 Clubs in over 100 countries, recruit new members and even launch new clubs. 'The Pandemic has reiterated the fact that Skål International plays a vital role in connecting people, providing information, assisting members' careers, and furthering their industries or professions. As te...
Travel Technology
Nuvei Corporation | May 27, 2022
On May 26, Nuvei Corporation announced its partnership with Scott Dunn, an award-winning luxury tour operator. Nuvei will provide Scott Dunn with a comprehensive global payment solution, including smart routing and payments orchestration. Nuvei accelerates businesses through modular, flexible and scalable tech solutions so that leading companies can adapt next-gen payments, offer various payout options and benefit from banking, risk and fraud management services and card issuing. ...
Financial Standard | November 30, 2020
The leaders of significant associations will travel less and accelerate digital change in front of different investments thanks to the way COVID-19 has disrupted operations, a Westpac survey found. More than 110 chief executives canvassed in Westpac's Asia Pacific CEO review hope to scale back their business travel plans substantially in the future. The research, made conjunction with The Economist Intelligence Unit, discovered almost two-thirds (64%) of chief e...
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