World Travel, Inc

Belkins
World Travel, Inc. is the largest organically grown travel management company in the United States. Since 1983, we’ve been growing steadily and sustainably. Instead of acquiring or merging with other companies, and then wasting energy and technology resources integrating disparate systems, we invest our energy and technology in our clients. We specialize in optimizing travel programs for mid-market clients, with a focus on providing superior service, technology and customization to meet their business needs.

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HOSPITALITY TRENDS

CERTARES ACQUIRES THE EMBASSY SUITES ATLANTA MIDTOWN IN PARTNERSHIP WITH HIGHLANDS INVESTMENTS AND MONOMOY PROPERTY VENTURES

Certares | October 26, 2021

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Certares Management LLC a leading investment specialist dedicated to the travel, tourism and hospitality sectors (together with its affiliates, "Certares"), in partnership with Highlands Investments LLC ("Highlands") and Monomoy Property Ventures LLC ("MPV"), today announced the acquisition of the 181 key, new-build Embassy Suites Atlanta Midtown located at 290 17th Street NW in Midtown Atlanta, Georgia. The deal also included the acquisition of an adjacent land par...

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DESPEGAR ACQUIRES MEXICO’S BEST DAY TRAVEL GROUP FOR $136M

PhocusWire | January 27, 2020

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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...

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Avoya Travel | November 23, 2021

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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...

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Klarna & Inspirock | October 25, 2021

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Klarna, a leading global retail bank, payments and shopping service, is bringing its signature smoooth experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to quickly and easily explore a destination's offerings and create personalized itineraries utilizing local expertise and artificial intelligence. Over 25 million travelers a year use Inspirock to plan trips tailored to their interests or find inspiration on where ...

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HOSPITALITY TRENDS

Certares | October 26, 2021

news image

CERTARES ACQUIRES THE EMBASSY SUITES ATLANTA MIDTOWN IN PARTNERSHIP WITH HIGHLANDS INVESTMENTS AND MONOMOY PROPERTY VENTURES

Certares Management LLC a leading investment specialist dedicated to the travel, tourism and hospitality sectors (together with its affiliates, "Certares"), in partnership with Highlands Investments LLC ("Highlands") and Monomoy Property Ventures LLC ("MPV"), today announced the acquisition of the 181 key, new-build Embassy Suites Atlanta Midtown located at 290 17th Street NW in Midtown Atlanta, Georgia. The deal also included the acquisition of an adjacent land par...

Read More

PhocusWire | January 27, 2020

news image

DESPEGAR ACQUIRES MEXICO’S BEST DAY TRAVEL GROUP FOR $136M

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...

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BUSINESS TRAVEL

Avoya Travel | November 23, 2021

news image

AVOYA TRAVEL ANNOUNCES STRATEGIC GROWTH INVESTMENT FROM CERTARES

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...

Read More

FEATURES AND ADVICE

Klarna & Inspirock | October 25, 2021

news image

KLARNA ACQUIRES INSPIROCK, BRINGING SMOOTH TRAVEL PLANNING TO ITS 90M GLOBAL CONSUMERS

Klarna, a leading global retail bank, payments and shopping service, is bringing its signature smoooth experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to quickly and easily explore a destination's offerings and create personalized itineraries utilizing local expertise and artificial intelligence. Over 25 million travelers a year use Inspirock to plan trips tailored to their interests or find inspiration on where ...

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