WELCOME TO The TRAVEL REPORT
Travel and Transport, Inc
Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support...
Travel Weekly | January 14, 2020
Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...
Holidu | September 25, 2020
Holidu, a travel tech startup, raised more than $4.6 million (€4 million) from former Booking.com CEO Kees Koolen out of his personal fund as part of a $5.8 million (€5 million) extension to its Series C round.
Holidu’s signature business is a price-comparison search tool for vacation homes. The Munich-based company has raised more than $55 million to date, according to Crunchbase....
Travel Daily Media | February 18, 2020
UK based travel tech firm Travelport announced new partnerships with five airlines today. The announcement flows the signing of multi-year agreements with Regional Express (Australia), Solomon Airlines (Solomon Islands), Air Vanuatu (Vanuatu), Samoa Airways (Samoa) and Air Tahiti Nui (French Polynesia). The upgraded contracts will see the Pacific region airlines extend their relationships with Travelport, supporting them with access to in excess of 68,000 agencies worldwide and reaching hundreds...
PhocusWire | January 27, 2020
Argentina-based online travel agency Despegar is boosting its position in Mexico with the purchase of Best Day Travel Group for $136 million. According to a release, Best Day had revenue of $140 million in 2019 and EBITDA of $8 million, with 70% of its sales coming online. Despegar says this makes the transaction the largest in the Latin American travel intermediary space in terms of revenue and will allow it to increase its revenues by 25%. Approximately 75% of Best Day’s revenue is gener...
Keep me plugged in with the best
Join thousands of your peers and receive our weekly newsletter with the latest news, industry events, customer insights, and market intelligence.
Put your news, events, company, and promotional content in front of thousands of your peers and potential customers.
Not a member yet? Not a problem, Sign Up
Sign up to contribute and publish your news, events, brand, and content with the community for FREE