COMMERCIAL TRAVEL
Travelport | March 13, 2023
Travelport, a global technology company for travel, has recently acquired Deem for further investment in innovation to modernize the retailing and corporate travel sector. This acquisition would improve Deem's speed to market and allow seamless integration of multi-source content.
Deem is a modern technology solutions provider for the corporate travel industry and previously worked under Enterprise Holdings, a mobility solutions provider. It has a suite of online booking and travel technology products designed especially for business travelers, travel managers, travel-management companies and suppliers. It is making the corporate travel experience more efficient for all. It is entitled as one of the 'Fast Company's Most Innovative Companies of 2022'. It aims to continue growth in its share of the corporate travel business, and the Travelport's investment is further increasing that growth at a global level.
Travelport is an established NDC leader and launched the end-to-end solution for American Airlines' NDC content. It plans to enhance its position with the swift technical integration of Deem company. It will avail Deem of the NDC offers, products and services. The NDC content is important for travel agencies, corporations and travelers, particularly those in North America. Currently, North American airlines are shifting some content exclusively to NDC.
CEO of Travelport, Greg Webb said, "The game-changing acquisition of Deem by Travelport will fulfill a growing, post-pandemic need for a tight, fully-integrated corporate tool that will provide access to all multi-source content, including NDC." He added, "We've been laser-focused on investing in technology innovation, and Travelport+ has simplified the agency workflow, upgraded how travel content is curated, and enabled modern travel retailing. Now with the acquisition of Deem, Travelport will provide corporate travel with award-winning, complementary tools that are as revolutionary, modern, and easy-to-use as Travelport+."
(Source – Cision PR Newswire)
About Travelport
Headquartered in Langley, Berkshire, Travelport, an information technology and services provider for travel, offers solutions for technology, travel commerce, travel, distribution, payment, airlines, travel agents, online travel agencies, travel management companies, corporate travel, B2B, cloud, search, business intelligence, data, and travel industry. It has been working as a worldwide travel retail platform since 1971. Its huge marketplace, Travelport+, connects buyers to sellers for exceptional travel experience and modern digital retailing. It is an independent platform providing solutions for complex travel ecosystems through innovation. It supports bookings of travel suppliers worldwide.
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INDUSTRY OUTLOOK
Internova Travel Group | February 06, 2023
One of the world's largest travel service providers, Internova Travel Group, recently announced plans to launch a new magazine OLTRE. The magazine is produced for 100,000 affluent customers of Global Travel Collection's luxury travel advisors. Global Travel Collectionpremium and luxury travel division, Global Travel Collection, is the world's most sophisticated group of travel agents and agencies.
Elaine Srnka, who used to work for Virtuoso and is now the Senior Vice President of Editorial at Internova, will oversee OLTRE. She is in charge of all Internova's business units and their brands' editorial strategies and content. Laura Sport, another Virtuoso employee, has been appointed Vice President of Publishing. Brad A. Johnson, Editorial Director, worked for Modern Luxury Media for ten years as the national travel editor, and Devin Duckworth, Design Director, came from Fodor's Travel.
Four issues of OLTRE will be published each year, each with a print run of 100,000 copies and an even larger digital audience. Each collectible volume will be printed on eco-certified, archival-quality paper that appears like a keepsake.
The first volume of OLTRE will be debuting this year's spring. Volume 1 will cover the globe from the North to the South poles, adding stops at Bangkok, Mykonos, California, and all points in between. Photo shoots in Italy, London, and other places add to the visual sophistication, and the editors' Look Book guides the most anticipated events in the fashion industry. In addition, every issue will have interviews with exciting travelers in the style of Marcel Proust, tips and insights from travel advisors, and articles about culture, style, and other luxury travel topics.
About Internova Travel Group
One of the largest travel services providers in the world, Internova Travel Group, is a collection of top brands that offer high-touch, personal travel expertise to both leisure and business clients. The company manages leisure, business, and franchise enterprises through the portfolio of different divisions. The travel group represents 100,000+ travel advisors in more than 6,000 company-owned and linked with 80+ countries located primarily in the US, Canada, and the UK.
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BUSINESS TRAVEL
prnewswire | March 24, 2023
The World Travel & Tourism Council (WTTC) and the Saudi-based Sustainable Tourism Global Center have unveiled groundbreaking new data detailing the total water usage of the global Travel & Tourism sector.
In one of the largest research projects of its kind, WTTC can for the first time ever, accurately report and track the impact the sector has on the environment.
The findings were launched today at the United Nations in New York at the UN 2023 Water Conference.
Direct Water Use
Speaking at the UN Headquarters, Chris Imbsen, Director of Sustainability at WTTC, revealed that Travel & Tourism's entire water footprint is just 0.6% of the global water use according to the latest figures (2021).
In 2019, when the sector was at its peak, the sector's total water footprint was only 50% higher, but still less than 1% of the global total at 0.9%.
Travel & Tourism's direct water use is significantly lower – in 2019 it was 0.2% of the global total and has fallen by half to just 0.1% of the global total.
Much of the sector's water use is indirect, through its supply chain, with agriculture and food production accounting for two-thirds of Travel & Tourism's entire water footprint.
Between 2010 and 2019, the Travel & Tourism sector in Europe and Africa reduced direct water use. In Europe, direct water use fell by 8% and in Africa, direct water use by the sector fell by 6%.
Julia Simpson, WTTC President & CEO, said: "This ground-breaking new data reveals our sector's water consumption for the first time ever, revealing that Travel & Tourism uses less than 1% of the water used around the world, with the overwhelming majority of that usage coming from the sector's supply chain.
"The data also shows that whilst the sector has grown economically around the world, its direct-use water intensity has decreased.
"The data is the most in depth study of the sector's water use, and like the world-first climate footprint data we released at our Global Summit in Riyadh last year, we can also reveal individual countries' Travel & Tourism sector's water footprints. This will enable governments to work with the sector to further reduce water usage."
Water Intensity
The water intensity of Travel & Tourism per unit of GDP has also fallen since 2010, across both direct and indirect use.
In 2010, the sector used 0.57m³ of water for every $1 contributed to the global economy. In 2019 this fell by 19% to reach 0.46m³ of water for every $1 contributed to the global economy.
In a world-first, this comprehensive research covers 185 countries across all regions and will be updated each year with revised figures.
This research was made possible thanks to the partnership between WTTC and the Saudi-based Sustainable Tourism Global Center. Under the Saudi green Initiative, more than 60 initiatives have been launched in the past year, representing more than $186 billion of investment in the green economy.
About the World Travel & Tourism Council
The World Travel & Tourism Council (WTTC) represents the global travel & tourism private sector. Members include 200 CEOs, Chairs and Presidents of the world's leading travel & tourism companies from all geographies covering all industries. For more than 30 years, WTTC has been committed to raising the awareness of governments and the public of the economic and social significance of the travel & tourism sector.
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