businesswire | August 07, 2023
OAG, the world’s leading data platform for the global travel industry, has acquired Infare, the leading provider of competitor air travel data, from Ventiga Capital in a deal valuing the combined entity at over US$500m. Together, OAG and Infare have an exciting journey ahead to leverage a truly market-leading end-to-end data platform to serve mission-critical air travel intelligence needs across the world.
With renowned industry heritage, both businesses share a deep passion for quality, accuracy, and customer-centricity. Together, there is a significant opportunity for OAG and Infare to better serve airline partners and the wider travel ecosystem with high-quality data and innovative solutions.
Infare is the partner of choice for airlines demanding the highest quality competitor air travel data source to support their growth. Combining OAG’s existing data solutions with airfare data creates a compelling proposition for customers who can get a broader picture of supply and demand. This enables customers to forecast resource, evaluate travel demand and competition, and build more complex and innovative models to drive revenue and profitable growth.
Through the acquisition, OAG now grows to over 300 employees globally across 10 offices.
Phil Callow, CEO of OAG, commented:
“The increasing dynamism in global travel and technology is fuelling a need for more sophisticated, granular data to understand, manage and unlock growth in air travel. The acquisition of Infare strengthens our ability to deliver consistent and accurate information across the wider supply and demand value chain. Together, we are enabling new and existing customers to thrive and innovate ahead of their counterparts. I am excited to welcome Infare colleagues to the OAG family.”
Nils Gelbjerg-Hansen, CEO of Infare, commented:
“Access to comprehensive and accurate data is paramount for making informed business decisions. Airlines rely on data to gain valuable insights into customer behaviour, market trends, and operational efficiency. Our technology platform, data sets, and intelligence software complement OAG’s and will greatly benefit our customers worldwide. We see this as a unique opportunity to expand our services and introduce new innovative products for our customers, we are excited about the journey ahead together.”
Both management teams will continue in the Group and will retain a shareholding, with fresh backing provided by Vitruvian Partners.
Ben Johnson, a Partner at Vitruvian, commented:
“OAG and Infare are both clear leaders in their respective global markets. The combination creates additional growth opportunities for both teams. Vitruvian is delighted to support this ambitious technology company and renew our relationship with them for the years to come.”
Niclas Gabrán, Managing Partner at Ventiga Capital Partners, commented:
“It has been a pleasure working together with Nils and his team to build Infare into a leading travel data provider through organic growth and acquisitions. Infare’s next chapter as a part of the OAG family will undoubtedly create further growth opportunities both within and outside the air travel sector.”
OAGis the leading data platform for the global travel industry, powering the growth and innovation of the air travel ecosystem since 1929. It has the world’s largest network of flight information, covering the whole journey from planning to customer experience. Customers include airlines, airports, travel technology players, aviation service providers, government agencies, financial institutions, and consultancies. Headquartered in the UK, OAG has operations in the USA, Singapore, Japan, China, and Lithuania.
Infare is the leading competitor air travel data provider, empowering airlines to make effective pricing decisions. Infare’s mission is to fuel airline systems with high-quality competitor air travel data delivered daily, multiple times a day or live. Founded in 2000 and headquartered in Copenhagen, Denmark, the company has a global reach and presence worldwide.
About Vitruvian Partners
Vitruvian is an independent growth capital firm headquartered in London with a global presence. Vitruvian focuses on dynamic situations characterized by rapid growth and change across industries spanning technology, financial services, healthcare, and business and consumer services. Vitruvian is among the largest pools of capital in Europe supporting innovative and higher growth companies. Vitruvian Funds have backed over 90 companies and have assets under management of €15+ billion. Notable investments to date include global market leaders and innovators in their field such as Skyscanner, Sykes Holiday Cottages, CFC Underwriting, CallCredit, Travel Counsellors, Trustpilot, Farfetch, Just Eat, Wise, and Global-e.
About Ventiga Capital Partners
Ventiga is an entrepreneurial and growth-focused investor partnering with exceptional entrepreneurs and management teams to achieve sustainable, profitable growth and transformational value through active, engaged, and responsible ownership. Ventiga invests in profitable growth companies with superior business expansion potential, primarily in the B2B services space.
prnewswire | July 11, 2023
With the significant increase in European travel from North America, Exodus Travels the award-winning leader in adventure travel, has launched a new Active Europe Collection. This expanded offering, including hiking and cycling trips, features more than 19 new itineraries across nine European countries. These new adventures are designed to bring travelers closer to Europe's hidden gems while enjoying new and unique experiences in the great outdoors.
The new Active Europe Collection encompasses active itineraries that have been meticulously crafted to cater to adventure enthusiasts, with options for every skill level and interest. From the Tuscan countryside and the UK's Lake District to Norway's Fjords and the Mediterranean Coast, each trip promises to deliver unforgettable moments and authentic encounters with Europe's natural wonders.
"We understand the growing desire for active travel experiences that go beyond traditional sightseeing, and the Active Europe Collection was designed to fulfill these aspirations," says Katy Rockett, Director of Growth, North America for Exodus Travels. "With our team of expert local guides and carefully crafted itineraries, travelers can revel in transformative experiences that have a lasting impact."
The new European collection includes a variety of memorable adventures including:
Tuscan Hills & Chianti Wines – Premium Adventure: On this eight-day guided tour, guests will enjoy an elevated experience as they explore the idyllic Tuscan countryside, with a stay in an exclusive villa complete with a pool and private chef. From this base, which is located close to the medieval town of San Gimignano, the trip features five days of gentle walking and sightseeing, including visits to Florence and Siena, as well as timeless villages and the quaint walled town of Certaldo. Activities includes three wine-tasting experiences, as well as a visit to Brolio Castle gardens, the birthplace of Chianti wine.
Castles, Hadrian's Wall & the Lake District Travelers can discover the forts, fells, and film sets of northern England on this new six-day guided trip that offers a wonderful combination of history and hiking. Highlights include a visit to beautiful Alnwick Castle, which stood in as Hogwarts in the first two Harry Potter movies, the striking Bamburgh Castle on the Northumberland coast, the Holy Island of Lindisfarne to see the historic priory ruins, and much more. Travelers will also hike a section of Hadrian's Wall, hike Cat Bells for unforgettable views over the Lake District, and summit Helvellyn, a walk considered to be among the most beautiful in the UK.
Cycling the Mediterranean Coast in Spain Cycle between the vibrant cities of Barcelona and Valencia on this week-long guided adventure on two wheels. Travelling along the Mediterranean coast, with stays at a different seafront hotel each night, the itinerary features a fantastic mix of cycling lanes and quiet paved roads, with only four short transfers on the cycling days.
Cycling the Coastal Portuguese Camino: Following the Atlantic shoreline, the Portuguese Camino coastal route is perhaps the most scenic of the trails that comprise the iconic Camino de Santiago. On this eight-day culture-cycling adventure, guests start in Porto and head north, eventually crossing into Spain and to the final stop in Santiago de Compostela. Along the way, the tour visits a string of atmospheric coastal towns, and through the picturesque Galician countryside, while also collecting the stamps necessary to receive the Compostela certificate in Santiago, proof of completion of this historic pilgrimage.
Walking the Fjords: The Norwegian fjords are rightly ranked as one of the most stunning natural wonders of the world and on this nine-day guided hike, travelers will be immersed in the stunning landscapes that define this region, including snow-capped mountains, steep green hillsides, and powerful waterfalls plunging into calm, clear fjordic waters. By exploring by foot, travelers enjoy unique access to areas of stunning beauty and high panoramic viewpoints. In the fjords, guests stay in two locations – a cozy family-run guesthouse that looks towards the Feigumfossen waterfall, and another family-run hotel on the waterfront in the town of Fjærland.
Cycle the Loire Valley: On this gentle week-long cycling adventure, travelers ride sections of the Loire à Vélo, a scenic cycling route that tracks along the Loire River – from Blois to Saumur – past orchards, vineyards, and small villages. Highlights include visits to a magnificent chateau steeped in Renaissance history, stops at the world-renowned vineyards of Vouvray and Chinon, and much more.
In related news, Exodus Travels announced the "Join the Adventure" promotion with significant savings. This special promotion includes major savings on select trips in two ways:
Join the Adventure Together -- Book a trip with a travel partner departing in 2023 and the second person will receive 25% off the cost of their trip; or
Join the Adventure Solo -- Solo travelers can take advantage of 50% off the price of a single supplement. If no solo rooms are available or there's a preference to be paired with a roommate, Exodus Travels will pass along the equivalent savings.
As with all itineraries, Exodus Travels prioritizes sustainable and responsible travel practices, fostering a deep connection with local communities and minimizing the environmental impact.
About Exodus Travels
For nearly 50 years Exodus Travels has been the leader in active adventures and is known for "improving life through travel." Exodus Travels is the winner of the National Geographic Traveller Reader Awards and is a recipient of the Conde Nast Traveler Readers' Choice Award, Wanderlust Magazine's Best Tour Leader of the Year, USA Today's Readers' Choice Award and the British Travel Awards.
Exodus Travels provides unforgettable journeys and expert insights through more than 500 active adventures to Europe and 100 other countries. Award-winning trips across seven continents include active adventures to the majestic peaks of Kilimanjaro, the agent wonders of Machu Picchu, the breathtaking beauty of Italy's Amalfi Coast, and other memorable destinations.
With an unwavering commitment to sustainability, Exodus Travels is dedicated to creating incredible, responsibly run adventures, and understands the importance of regenerative travel. Efforts include a "re-wilding" initiative that ensures for every traveler, 100 square meters of land is dedicated to preservation projects. Exodus Travels is dedicated to creating memorable and responsible adventures so travelers can book and travel with confidence.
ENNISMORE | September 20, 2023
Ennismore and Shivom LLC to Launch Mama Shelter Downtown LA in 2026, the Second of Its Kind in the City: Ennismore and its partner Shivom LLC are set to open Mama Shelter Downtown LA in 2026, following the success of Mama Shelter LA in 2015.
Mama Shelter Downtown LA, housed in the transformed Mart South Building in Downtown LA, will offer 149 keys, including 145 standard rooms and four suites, known for its lively design, exceptional dining, and entertainment.
Guests can enjoy three lively F&B outlets, including a ground-floor all-day dining restaurant and café, a rooftop bar and terrace with city views, an on-site fitness center, and a parking garage.
Positioned in the heart of Los Angeles' Fashion District, the hotel provides convenient access to over 4,000 retailers, local and national restaurants, iconic venues like the California Market Center, and nearby shopping corridors, enhancing the guest experience in the entertainment capital.
Ennismore, a creative hospitality company, and its partner Shivom LLC have announced the forthcoming Mama Shelter Downtown LA. This venture, set to launch in 2026, marks the second establishment of the popular Mama Shelter brand within the city, following the successful debut of Mama Shelter LA in May 2015. The new Mama Shelter, situated within the transformed Mart South Building in Downtown LA, is poised to offer a dynamic and immersive hospitality experience. Boasting 149 keys, including 145 standard rooms and four suites, it will embody Mama Shelter's signature style, combining vivacious design with exceptional dining and entertainment options.
Cédric Gobilliard, Head of Central & Southern Europe and COO of Ennismore, commented,
"We are thrilled to be opening a second Mama Shelter in LA. Los Angeles is a place to live life to the fullest, carrying so many fundamental values of the Mama brand, including her irreverent, popular, sassy and sexy personality; which fits perfectly with the glamour of LA. We look forward to bringing Mama's spirit to the city again with partner Shivom LLC."
[Source – Cision PR Newswrire]
Mama Shelter Downtown LA will offer three festive F&B outlets to party and play, including an all-day dining restaurant and café on the ground floor, as well as a rooftop bar and terrace with city views. Guests at the hotel will also have access to and use an on-site fitness centre and parking garage. Mama's exuberant interior decorations, homemade, high-quality menus and year-round happenings have become a staple in every one of the destinations. Guests will find all the design elements that distinguish a Mama Shelter, including graffiti carpets and ceilings, comfortable chairs, cartoon masks and one-of-a-kind decorations that reflect Mama's personality, signature food, and Mama nights to get the party started.
As the world's entertainment capital, Los Angeles is an unrivaled cultural center with over 100 museums. Mama Shelter Downtown LA enjoys a prime location within the city's Fashion District, surrounded by more than 4,000 independently owned retailers and a thriving selection of local and national restaurants. Adjacent to the hotel, the California Market Center (CMC) stands as an iconic DTLA landmark, known for hosting premier events and epitomizing the city's rich fashion industry heritage. For those seeking retail therapy, Santee Alley, a shopping corridor, and the Los Angeles Flower District, the largest flower marketplace in the United States, are just a stroll away from Mama Shelter Downtown LA. This strategic positioning ensures that guests have access to an array of attractions and experiences within arm's reach, enriching their stay in this dynamic metropolis.