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TRAVEL TECHNOLOGY
Cirium | May 19, 2022
Cirium, the aviation analytics company, and travel data analytics firm, 3Victors today announced a reseller partnership to enable Cirium to bring together flight schedules and passenger traffic data with online search data to interpret, understand and forecast passenger demand for airports and DMOs“Cirium and 3Victors share the mission to revolutionize the way the travel industry forecasts future demand. “Airlines and airports worldwide have long used the Diio ...
Travel Weekly | January 21, 2020
Troovo technologies has announced it has been granted a us patent for its virtual travel payment offering. The Australian-based company’s patent covers the ability to utilise robotic process automation (RPA) technology rather than a person to analyse a travel booking and generate a virtual credit card based on the data in the booking. CEO Kurt Knackstedt noted that, unlike Troovo, other virtual payment generation products require some form of manual intervention, validation or user interfa...
Wyndham | August 04, 2020
With a focus on finding impactful ways to drive more corporate business for its hotels, Wyndham Hotels & Resorts a hotel franchising company with more than 9,000 hotels across 90 countries—today announced the expansion of Wyndham Direct, a unique booking, billing and business solution. The service, formerly unique to its La Quinta by Wyndham brand, is now immediately available at Super 8 by Wyndham and Days Inn by Wyndham hotels in the U.S., with plans to expand further across Wyndham&...
BUSINESS TRAVEL
Hersha Hospitality Management (HHM) | July 14, 2022
Monarch Alternative Capital LP, a leading investment firm with approximately $9.4 billion of assets under management, announced the purchase of three hotels in Orlando, Florida. Given the firm's established reputation within the market, Monarch was able to acquire the newly-built, high quality properties located in Orlando submarkets adjacent to Monarch's existing hotels at a discount to replacement cost in off-market transactions. With these acquisitions, Monarch's hospitality portf...
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