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Industry Outlook, Hospitality Trends
FLEETCOR Technologies, Inc. | October 21, 2022
FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, announced it has signed a definitive agreement to acquire Roomex, a European workforce lodging provider serving the UK and German markets. The acquisition extends FLEETCOR's U.S. workforce lodging business to Europe and provides a platform for further international expansion. The transaction is expected to close in November.Roomex, headquartered in Dublin, Ireland, has 600 workforce business customers ...
Business Travel
Avoya Travel | November 23, 2021
Avoya Travel, one of the travel industry’s most innovative companies, is pleased to announce that it has closed on an investment from funds managed by Certares Management LLC, a global travel, tourism, and hospitality investment firm. Certares joins brothers, Jeff and Michael Anderson, as Co-Owners of Avoya and together are committed to long-term growth and scaling its vacation platform. Terms of the transaction were not disclosed. “We are honored to welc...
PhocusWire | January 23, 2020
As it prepares to mark 20 years in business next month, Tripadvisor is embarking on a dramatic realignment aimed at helping the company preserve profitability and spur new growth as it deals with competition from Google and others and with evolving preferences from travelers. The Viator brand, which Tripadvisor acquired for $200 million in 2014, will now operate independent of Tripadvisor Experiences, with its own marketing, product and engineering teams. In a memo sent to employees after market...
Business Travel, Airlines and Airports
InterCaribbean Airways | January 08, 2024
In a significant development for Caribbean regional travel, interCaribbean Airways is excited to announce the upcoming launch of its new non-stop flight service connecting Bridgetown, Barbados, and Kingston, Jamaica. Scheduled to commence on February 6th, 2024, this service will mark a new chapter in the connectivity between these two major Caribbean destinations. Bridgetown, the Southern Caribbean hub for interCaribbean, will see flights to Kingston on Mondays, Wednesdays, and ...
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