Travel at 60

AIRLINES AND AIRPORTS

Wheels Up | March 31, 2022

Wheels Up announced a new strategic partnership and a minority investment in Tropic Ocean Airways. Tropic Ocean Airways is the world's largest amphibious airline and leading provider of last-mile private charter and scheduled service in Florida, the North-eastern United States, the Bahamas, the Caribbean and beyond. Wheels Up's multiyear commercial arrangement is the next move in its attempts to grow the addressable market for its product offerings and provide a seamless f...

BUSINESS TRAVEL

Hopper | August 18, 2021

Hopper is announcing that it has completed a $175 million Series G financing led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice as the company emerges from the pandemic stronger than ever. As the travel industry continues to rebound, Hopper has demonstrated significant outperformance with its category-leading mobile-only marketplace, delivering value to customers and supply partners with the company's proprietary suite ...

HOSPITALITY TRENDS

Holiday Inn | April 23, 2021

Ken Hamlet, the former CEO of Holiday Inn, intends to use a $500 million war chest to acquire limited-service hotels (those without facilities such as a restaurant or spa) and reposition them as properties with a more upscale customer experience. Consider it adding more of the Four Seasons experience to roadside hotels, as Hamlet put it. He was CEO of Holiday Inn for nine years in the 1980s and early 1990s, and during that time the business was purchased by IHG and ...

TRAVEL TECHNOLOGY

Sabre Corporation | January 11, 2022

Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, and Aviatur, Colombia's leading travel agency and one of the largest in Latin America, announced a new multi-year preferred GDS agreement to support the agency's growth plans, transform its business, and increase efficiencies. Throughout the pandemic, Aviatur has been focused on transforming its business with technology to continue innovating in ...