TRAVEL TECHNOLOGY

Elude Launches Travel Discovery Platform, Paving a New Wave of Spontaneous Getaways

Elude | August 09, 2021

Elude, the travel discovery and booking service that is reinventing the vacation experience for all, launched its mobile app today. Elude is the first solution of its kind catering directly to the new traveler who seeks to escape the ordinary by exploring destinations they can afford but might not have known previously existed.

By disrupting the traditional and inefficient travel booking model, Elude is the only booking platform answering the question -- Where can I travel for 500 dollars? Elude’s key feature is a budget-first search engine that provides users immediate access to global flights, leaving from the nearest airport, and accommodations within their selected price range. The platform’s personalized onboarding experience customizes trip packages and curates future travel suggestions based on customer’s preferences. Elude is also bringing rewards and credits to travel booking. Whether travelers are looking for a last-minute getaway or an extended stay, Elude is opening access to global destinations, all in line with the customer’s budget.

“Shopping for travel is broken, and we are modernizing an archaic system by supercharging the way people plan their vacations,” said Alex Simon, Chief Executive Officer. “People deserve to feel emboldened to explore, and we want our users to have access to the transformative power of travel more often.”

Elude was brought to life by avid travelers, Simon and Frankie Scerbo, who craved to travel the globe during college, only to realize all the trips they researched were too expensive. Built from their personal pain points, Elude is granting access to global destinations that travelers can afford to explore. The co-founders closed their initial investments while traveling abroad, raising 2.1 million in funding.

Mucker Capital, Unicorn Ventures, Upfront Scout Fund, StartupO, Grayson Capital and Flight VC have invested in Elude. Elude has also attracted industry veteran advisors, including global entrepreneur from Priceline.com Jeff Hoffman, former Airmap CEO Ben Marcus and prominent social media industry leaders such as former Instagram Chief Marketing Officer, Cliff Hopkins, and Snapchat’s Head of International Partnerships, Juan David Borrero.

“As an active investor and advisor in the travel industry, I have seen numerous ideas and attempts to reframe the travel booking process, and none of them grabbed my attention the way Elude did,” Hoffman added. “Elude reflects the way many travelers prefer to travel, and yet no one has been able to capture that until now. Frankie and Alex are constantly exploring the pain points travelers face as they create and reimagine the future of the industry. From the beginning, they presented a practical and methodical approach for building a product that will make travelers’ lives easier.”

With millennials spending over $200B annually on travel, younger generations are constantly on the move. Simon and Scerbo’s experience growing Elude led to the realization that their users are more interested in making their money last longer. They want multiple trips throughout the year instead of spending large amounts of their disposable income on just one trip each year.

“Our users are craving to explore the world differently. Instead of planning trips to landmark locations, our users are searching for quiet treasures that offer refuge from the hustle of city life,” said Scerbo, “We’re thrilled to lead the industry into its next chapter, rebuilding an ecosystem of adventurers that was disjointed during the pandemic.”

Elude is perfectly catered to the next generation of travelers, who are eager to share experiences with a greater global community. Today, 97% of vacationers will share vacation posts on social media, and travel creators enable consumers to uncover newfound destinations from their living room. Yet, people are still spending hundreds of hours scrolling to prepare for a trip instead of actively booking vacations. In a feverish time for travel, people are craving adventure, and Elude is imploring everyone to wander more and worry less.

About Elude
Elude is the only travel discovery and booking platform that allows anyone to plan trips in line with their budget -- instead of location or price. Elude’s key feature is a spontaneous budget-first travel search engine that offers access to global flights and accommodations. Elude’s fully customizable onboarding experience offers curated trip packages and future trip suggestions based on customers’ preferences and interests. By disrupting the traditional travel booking model, Elude is building a community of explorers, allowing anyone to experience the transformative powers of travel more often.

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The Evolution of the Online Travel Industry.

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The Evolution of the Online Travel Industry.

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HOSPITALITY TRENDS

Loews Hotels & Co Breaks Ground on New $550 Million Loews Arlington Hotel and Convention Center

Loews Hotels & Co | October 13, 2021

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"Loews Arlington Hotel and Convention Center will allow us to capitalize on what we do best – combine a unique meetings and events destination with a best-in-class leisure resort. This significant investment further underscores our confidence and commitment not only in the great City of Arlington, Texas but also in the strength of the travel and tourism industry and our belief in the recovery of post-pandemic travel." Jonathan Tisch, Chairman & CEO, Loews Hotels & Co. This property will be the second Arlington hotel for the hospitality company. Loews Arlington Hotel and Convention Center is scheduled to open in early 2024. This new hotel will be located across from Live! by Loews, which is a joint venture among Loews Hotels & Co, the Texas Rangers and The Cordish Companies, built on the former Texas Rangers' Lot J parking lot. "Arlington has some of the best built-in demand generators in the country, such as AT&T Stadium and Globe-Life Field. These attractions, coupled with Loews Hotels' track record of offering distinctive experiences alongside operational excellence, will help establish the Loews Arlington Hotel and Convention Center as a centerpiece in The American Dream City," said Alex Tisch, President, Loews Hotels & Co. "Our goal is for Arlington, Texas to stand alongside Las Vegas and Orland as one of the preeminent family, sports and entertainment destinations in America." This new project marks the first time that Loews Hotels & Co is acting as the developer as well as the owner and branded operator. The nearly $550 million project is financed with Loews Hotels & Co capital and a $300 million loan from MetLife Investment Management. "Arlington continues to build on our incredible economic momentum, and today's groundbreaking is another exciting example of our commitment to job creation and providing world-class amenities to our residents and visitors," said Arlington Mayor Jim Ross. "Loews Hotels & Co is a best-in-class hotel brand and with innovative partners like Loews Hotels & Co, the Tisch Family, the Texas Rangers and The Cordish Companies, we're able to further establish The American Dream City as a premier destination for visitors around the globe." Loews Arlington Hotel and Convention Center will feature: 888 guestrooms and suites 200,000 square feet of indoor meeting space 66,000 square feet of outdoor space, including an oversized event lawn Five food and beverage outlets, including a three-meal indoor/outdoor restaurant featuring two wood-fire pizza ovens and homemade pasta made on-site and a soon-to-be-named third-party restaurant from a well-known restaurateur 1,550-space parking garage Resort-style beach club with two pools, man-made beach, cabanas, fire pits and water slide The Arlington Convention Center, also operated by Loews Hotels & Co, will be located within the hotel Situated between Globe Life Field and AT&T Stadium, Loews Arlington Hotel and Convention Center will be accessible to the 300-room Live! by Loews via a Sky Bridge. The two hotels combined will offer nearly 1,200 guestrooms and more than 300,000 square feet of meeting and event space. 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Loews Arlington Hotel and Convention Center is being built by JE Dunn, who recently built the Loews Kansas City Hotel, which opened in June 2020. Arlington's Con-Real is also involved in the construction of the project. About Loews Hotels & Co Headquartered in New York City, Loews Hotels & Co is rooted in deep heritage and excellence in service. The hospitality company encompasses branded independent Loews Hotels, and a solid mix of partner-brand hotels. Loews Hotels & Co owns and/or operates 26 hotels and resorts across the U.S. and Canada, including the new Loews Kansas City and Universal's Endless Summer Resort – Dockside Inn and Suites, the eighth hotel in partnership with Comcast NBC Universal that opened at the end of 2020. Located in major city centers and resort destinations from coast to coast, the Loews Hotels portfolio features properties grounded in family heritage and dedicated to delivering unscripted guest moments with a handcrafted approach.

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The Travel Corporation Brands Introduce a New Way to Pay

The Travel Corporation | October 08, 2020

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BUSINESS TRAVEL

Safeture Partners with Dallas-based Traxo, Inc., Real-time Corporate Travel Data Capture and Intelligence

Safeture | January 18, 2021

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