TRAVEL TECHNOLOGY
businesswire | May 04, 2023
An investment exceeding $100 million, the Versailles Tower will feature a new exterior and interior. The renovation will introduce 756 redesigned luxury guestrooms and a pedestrian bridge connecting the Versailles Tower to the existing Paris resort. Caesars Entertainment offers more than 23,000 rooms across Las Vegas, and this renovated tower will showcase some of the finest rooms throughout its nine resorts.
“We know our guests, especially our Caesars Rewards® members, love Paris Las Vegas. Over the past year we’ve made significant enhancements to elevate the destination, bringing new concepts like Vanderpump à Paris, Nobu, The Bedford by Martha Stewart and most recently, a completely renovated sportsbook,” said Sean McBurney, Regional President of Caesars Entertainment. “The addition of the Versailles Tower makes Paris one of the largest resorts in the heart of The Strip. The interior and exterior will be completely reimagined and transformed into some of the best rooms in Las Vegas. When it opens this fall, our guests will have easy access to the incredible restaurants and gaming options they have grown to love at Paris Las Vegas.”
The Versailles Tower will feature some of the largest standard rooms on The Strip, starting at 436 square feet. In addition, select guestrooms will offer new 55-square-foot balconies with unmatched views of The Strip as part of the renovation. The enhanced rooms in the Versailles Tower at Paris Las Vegas are slated for completion in late 2023 with the pedestrian bridge to follow in early 2024.
About Paris Las Vegas
Paris Las Vegas brings the passion and sophistication of the City of Light to the heart of the Las Vegas Strip, transporting guests to Europe's most romantic city. Distinctive for its dramatic 46-story replica Eiffel Tower with a free, nightly light show and authentic architectural reproductions, the resort features more than 2,900 rooms and suites, including Burgundy Rooms. The new Versailles Tower will soon be integrated into Paris Las Vegas, adding 756 redesigned luxury guestrooms to the hotel, with select rooms featuring balconies. The resort offers an 85,000-square-foot casino; the renovated Caesars Race & Sportsbook at Paris Las Vegas; the two-acre Pool à Paris; Las Vegas’ first rooftop bar and grill, BEER PARK, spanning 10,000 square feet; Voie Spa & Salon; two wedding chapels; unique French retail shopping located along the resort’s Le Boulevard District and the opulent nightlife venue Chateau Nightclub & Rooftop. Restaurants include a distinctive array of fine cuisine such as Chef Joho's acclaimed Eiffel Tower Restaurant, French-bistro Mon Ami Gabi and internationally renowned Gordon Ramsay Steak. Paris Las Vegas also offers quick service options like Brioche by Guy Savoy and Bobby’s Burgers by Bobby Flay. Additionally, the resort is home to Lisa Vanderpump’s second Las Vegas venue, Vanderpump à Paris, Nobu restaurant and The Bedford by Martha Stewart. Featuring one of the largest ballrooms in Las Vegas, Paris offers 140,000 square feet of pillarless function space.
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TRAVEL TECHNOLOGY
businesswire | April 20, 2023
Vervotech, one of the leading AI-powered hotel and room-level mapping providers, announced a partnership with TravelgateX, a global marketplace for the travel trade. Vervotech is excited to join hands with TravelgateX and integrate its AI-based Hotel Mapping and Room Mapping products to provide smart mapping solutions to its customers.
TravelgateX runs the largest connectivity marketplace. It offers one single API integration to receive standardised feed of all sellers, in addition to offering distribution options ranging from Tour Operators to OTA. This new partnership will help its customers simplify the way hotel and room content is displayed and consumed.
“TravelgateX's continued efforts in making the life easier for buyers and sellers is a testament to its global success,” said Sanjay Ghare, MD, Vervotech. He further added, “Vervotech is pleased to integrate its AI-based mapping solutions with TravelgateX and help its customers enable smart mappings to increase conversions.”
“We are thrilled to kickstart this partnership with Vervotech,” commented Iván Font, Chief Strategy Officer, TravelgateX. He also added, “We are confident that this integration will add further value to our customers and will play a massive role in increasing their sales by displaying error-free and accurate accommodation data.”
About Travelgate
TravelgateX is an online B2B marketplace on a mission to democratize the travel industry. Any company connected to our Network can buy and sell seamlessly to each other, regardless of their size or current technology. With over 1000 Partners already connected, TravelgateX simplifies connectivity with easy to integrate APIs that make search, compare and book travel products in real-time a real breeze.
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TRAVEL TECHNOLOGY
prnewswire | May 08, 2023
Trip.com Group's corporate travel arm, Trip.Biz, recently released its Corporate Travel Management Market White Paper, taking a closer look at the Chinese mainland's business travel market and trends.
Companies in China are optimistic about the resumption of corporate travel as border policies relax, and flight capacity gradually resumes. According to Trip.Biz survey data, 84.5% of companies expect an increase in domestic business travel budget for 2023, while 74.5% expect an increase in international business travel budget.
This sentiment is carried across the global business travel market. In August 2022, the GBTA (Global Business Travel Association) estimated that worldwide business travel would recover to 81% of its pre-pandemic level in 2023, while the Chinese market would reach about 75% of its pre-pandemic level in 2022 and 89% in 2023, with an 18.9% increase in business travel spending.
Business travellers are increasingly eager for a comfortable, safe, and efficient travel experience. Trip.Biz survey data suggests greater demand for fast-track security lanes, flexible change & cancellation policies, and quality hotel service.
Many employees are embracing bleisure travel, with over 90% of business travellers in Trip.Biz survey stating they may visit local tourist attractions or historical sites at their own expense during a business trip. 38.4% of business travellers expect to have more leisure time in the local area. Business travellers believe that developed cities or scenic destinations offer the most when undertaking business travel.
The white paper shows that in 2022, over 30% of companies allocated more than 10% of their budgets to business travel, an increase from 2021. The proportion of spending on business travel is also increasing, making it one of the main expenses for these organisations as business travel budgets increase. Therefore, businesses seek evidence-based cost control and higher profits through lower-cost e-management.
Companies are vigorously pursuing digital transformation. Trip.Biz survey data shows that nearly 60% of companies have begun digitalising their business travel processes. State-owned enterprises, Sino-foreign joint ventures, and wholly foreign-owned enterprises have a higher tendency to manage business travel digitally. Additionally, digital business travel management is more prevalent in large and medium-sized enterprises.
"This year's strong demand for business travel and the pursuit of efficient management will be a major focus for companies, making the digital transformation of business travel management more urgent than before," said Steven Zhang, Chief Executive Officer at Trip.Biz.
Additionally, the white paper discusses trends such as combining business travel with low-carbon initiatives. Companies have gradually begun exploring low-carbon business travel options. According to Trip.Biz survey, approximately 85% of business travellers prefer flights and hotels with low-carbon certifications. Additionally, those responsible for business travel believe that implementing an online management system benefits sustainable and low-carbon development.
About Trip.Biz
Trip.Biz is a rapidly growing business travel management company with a vast network of corporate clients extending out of mainland China. It is the corporate travel arm of the leading global travel service provider Trip.com Group. For over 17 years, Trip.Biz has provided services to over 14,000 large-scale corporations, including over 300 Fortune Global 500 companies. Trip.Biz counts over 820,000 small to medium sized enterprises among its clients that have a combined total of over 38 million employees. Trip.Biz strives to help corporations lower their travel costs and increase efficiency.
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