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Travel Technology,Industry Outlook

Sojern | January 11, 2023

On January 10, 2023, Sojern, a pre-eminent digital marketing platform developed for travel, and PUSHTech, a multichannel platform including CRM, marketing automation, sales, and support, announced a partnership to assist hotel partners in making the most of their first-party data. Sojern and PUSHTech will help the travel industry with data strategies in the cookieless age. Around 81% of hotels increase revenue using first-party data. However, staying ahead of digital landscape c...

Hospitality Trends

Relay | March 07, 2022

Relay stated that it would deploy its wearable, highly customizable associate alert devices across 101 Kinseth Hospitality Company (KHC)-managed properties in the Midwest and Southern areas with over 2000 associates. Relay is the primary choice for hoteliers looking to adhere to the AHLA 5-star Promise, which aims to increase staff safety and comply with panic button regulations imposed by an increasing number of governments. Kinseth Hospitality, headquartered in Coralville, Iowa,...

Industry Outlook

Despegar, Corp | June 09, 2022

Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, ...

Hospitality Trends

MCR | January 03, 2022

Walking in a winter wonderland! MCR — the country’s 4th-largest hotel owner-operator — has acquired the 117-room Stoweflake Mountain Resort & Spa in Stowe, Vermont. Just downslope from Mount Mansfield, Vermont’s highest peak, Stoweflake Mountain Resort & Spa is your home base for four seasons of outdoor adventure. Come for the mountain biking, leaf-peeping, hiking and snowshoeing; stay for the spacious guestrooms (with fireplaces!), 50,000-square-fo...