Data specialist Travelogix completes MBO

Buying Business Travel | September 24, 2019

Data management specialist Travelogix has completed a management buyout.A team led by Chris Lewis, the founder and chief executive, bought back the controlling share in the company from Sweden based Safeture AB, previously known as Global Warning Systems AB (GWS). 51% of Travelogix was previously acquired by GWS in January 2016.Alongside Lewis, the MBO team consists of original co-founder and chief technology officer Gary Jones with sales and marketing Manager Tahir Zia and operations manager Sally-Anne Houlker both investing in the company.

Spotlight

It’s time to hit the slopes! Today we’ll be counting down our picks for the Top 10 Skiing Destinations in Europe. For this list, we’ll be taking a look at the best ski resort towns that Europe has to offer. The number of slopes, length of season, conditions and beauty of the mountains will all play a part in our decision making process. This list is mostly about downhill skiing: Cross-country deserves its own list!

Spotlight

It’s time to hit the slopes! Today we’ll be counting down our picks for the Top 10 Skiing Destinations in Europe. For this list, we’ll be taking a look at the best ski resort towns that Europe has to offer. The number of slopes, length of season, conditions and beauty of the mountains will all play a part in our decision making process. This list is mostly about downhill skiing: Cross-country deserves its own list!

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COMMERCIAL TRAVEL

Benchmark Pyramid Is Now Pyramid Global Hospitality

Pyramid Global Hospitality | June 03, 2022

On June 2, Benchmark Pyramid announced that it was rebranding to Pyramid Global Hospitality. The company’s parent entity will include multiple divisions responsible for specific industry segments. Pyramid Global Hospitality will look over all the branded properties in the Americas, while Benchmark, Pyramid Luxury Lifestyle will focus on the company’s portfolio of other independent properties. Pyramid Europe and Hamilton will continue to manage the company’s growing portfolio of European hotels. “Prior to the merger, each entity had its own identity that resonated with different audiences, Benchmark has strong equity with consumers, and Hamilton has a great reputation as an operator in Europe, while Pyramid has a demonstrated track record with branded hotels. To maintain each entity’s strong brand equity, we formed divisions that speak best to their respective verticals. By having these three distinct branded and independent verticals in the United States and Europe, we can best serve the different needs of our owners and their assets by providing a hands-on approach each company always maintained. From an associate standpoint, our ability to leverage scale is a net positive, allowing us to share best-in-class practices, provide limitless opportunities and be the industry’s employer of choice.” -Warren Fields, CEO & principal, Pyramid Global Hospitality. As a part of the rebranding, the company debuted a set of three new logos. They feature three interconnected pyramids in shades of purple. It also launched a new combined company website. “We are excited about our new identity and believe it amplifies the shared strength of our brand values and perception of our combined company, Continuing to build upon our respective foundations, Pyramid Global Hospitality will invest in people, properties and proprietary solutions to deliver power on the ground and strategic intelligence for exceptional performance and profitability in the hospitality industry. We strive to maintain a best-in-industry standing as the employer of choice in the full-service, select-service and independent categories. Our deep network of capital partners and portfolio assets gives us the agility to tackle opportunities as we create value and empower our team members to ‘Be the Difference.’” -Alex Cabañas, president, Pyramid Global Hospitality.

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TRAVEL TECHNOLOGY

Nuvei is Scott Dunn’s New Global Payments Provider

Nuvei Corporation | May 27, 2022

On May 26, Nuvei Corporation announced its partnership with Scott Dunn, an award-winning luxury tour operator. Nuvei will provide Scott Dunn with a comprehensive global payment solution, including smart routing and payments orchestration. Nuvei accelerates businesses through modular, flexible and scalable tech solutions so that leading companies can adapt next-gen payments, offer various payout options and benefit from banking, risk and fraud management services and card issuing. Post-pandemic the travel industry is expected to take off. According to Statista’s Digital Market Outlook Report, travel and tourism market revenue is predicted to reach the U.S $ 637 billion in 2022. “The entire digital travel experience should be seamless from the moment a holiday is booked to getting to your destination. Payments are an integral part of that for both holidaymakers and businesses as global travel revenues grow, The Nuvei team’s extensive knowledge of our industry, coupled with a strong product stack and global reach, were instrumental in our selection process. With Nuvei as our payment provider, we are well positioned to grow further in key markets globally.” -Scott Dunn’s Chief Financial Officer Mark Woodall. Commenting on the partnership said: As a business that believes in exceptional experience, innovation and service, we’re delighted to partner with Scott Dunn “Our global acquiring and payments gateway solutions offer scalability; while our smart routing engine will help define, configure and manage transactional routing in real time. Partnering with Scott Dunn will further position Nuvei as the payments partner of choice for the travel and mobility industry,” -Nuvei Chair and CEO Phil Fayer

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TRAVEL TECHNOLOGY

Stratix and Samsung Form Alliance for Smart and Connected Hotels

Stratix and Samsung | June 17, 2022

On June 15, Stratix Corporation, a leading Managed Mobility Services (MMS) provider in the U.S., announced its alliance with Samsung to bolster SmartMobile technology solutions to revolutionize hospitality operations and guest experiences. Both the companies want to solve many of the challenges the hospitality industry faces today. The majority of the hotels and resorts in the U.S. rely on slow, analog workflows that do not contribute to great guest experiences. Mobile devices and applications can create highly-efficient fully-connected hotels to remedy this issue. Stratix has created an interactive video demonstrating transformative mobile solutions for maintenance, housekeeping, front desk, concierge, dining, events, and valet services. Such solutions paired with mobile devices and wearables can make workflows intelligent and seamless. As a result, employees can work efficiently and happily, customers can enjoy digital interactions that match their service expectations and enjoy their stay. Stratix and Samsung solve some of the most pressing issues that the hospitality industry face, including: Implementing technology Personalizing customer experiences Attracting and retaining employees This alliance pairs Samsung’s industry-leading technology for the hospitality industry with Stratix’s expertise in the solution design domain, lifecycle management and 24x7x365 support. Both the companies can: Educate hospitality companies through the knowledge and resources they need to develop and implement cutting-edge technology and create competitive differentiation Translate data and insights into usable information that helps tailor guest experiences, promotions, and loyalty programs to individual customers Provide employees with useful and easy-to-use tools that improve their productivity and make their lives easier "With customer expectations increasing and hospitality facing the same staffing challenges other industries are navigating, using mobile-driven digital transformation to improve productivity and enhance user experiences just makes sense, Our alliance with Samsung allows us to expand our strategic customer engagement model, and success in other industries with comparable use cases, to quickly bring transformative Managed Mobility Services to the hospitality industry." -Gina Daniel-Lee, Vice President, Strategic Alliances and Partnerships at Stratix. Together, Samsung and Stratix are delivering solutions that the hospitality industry desperately needs to create outstanding guest experiences.

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