Expedia CEO and CFO step down from company with immediate effect

Buying Business Travel | December 04, 2019

Expedia Group’s CEO Mark Okerstrom and CFO Alan Pickerill have resigned at the request of the company’s board of directors. Okerstrom also stepped down as a member of the board. Each of the executives will be allowed severance and equity award acceleration in accordance with their terms. Expedia said Okerstrom did not have any disagreement with the company on any matter relating to its operations, policies or practices. Barry Diller, chairman of the board and senior executive, and Peter M. Kern, vice-chairman of the board, will jointly preside over the company’s day to day operations. Meanwhile, Eric Hart, chief strategy officer, will serve as acting CFO.

Spotlight

Is the travel industry ready to accommodate the growing need for "Instagrammable" destinations and experiences? Learn how Travelport uses technology to improve the travel experience.

Spotlight

Is the travel industry ready to accommodate the growing need for "Instagrammable" destinations and experiences? Learn how Travelport uses technology to improve the travel experience.

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TRAVEL TECHNOLOGY

VeriFLY by Daon Expands Capabilities to Streamline Access to Travel Documents

Daon | September 28, 2022

Daon, the Digital Identity Trust Company, announced expanded usage of its VeriFLY™ digital travel app to allow users to save required travel or event documents directly to their digital itinerary, providing one-point access for retrieval. VeriFLY is the world’s first widely adopted digital travel app to help travelers and event attendees quickly and safely meet their destination’s and event’s health and identity requirements.VeriFLY is the first mobile app service of its kind to support multiple airlines (codeshare, interline) and any number of countries’ travel requirements. It applies health certificates and related documents to multiple travel legs with similar entry/transit requirements. Its newest capability is now available in over 65 countries. “Daon VeriFLY continues to provide customers with the best user experience while traveling due to its ability to adapt quickly and effectively to the travel industry’s changing requirements, This new expanded capability removes the added stress of travel restrictions, providing travelers with health document credentials throughout their entire travel journey, including multiple leg trips, outbound and inbound travel, codeshares, interline and more.” -Tom Grissen, CEO of Daon Previously, VeriFLY users could only access necessary documents for point-to-point travel, but this new capability allows customers to use VeriFLY for multi-leg travel, even if there are different airlines within the complete itinerary to help federate across the VeriFLY ecosystem. This creates a seamless user experience more aligned to the airline web and app experience that travelers expect. VeriFLY gives travelers the benefits of a faster, smoother process – while enabling the carriers to deliver more on-time flights, faster boarding times, less counter transaction time, lower ground handling costs, fewer inadmissible passengers and related fines, better audit trails, all while promoting higher passenger usage of online check-in and self-service. Travelers worldwide have widely adopted VeriFLY and continue to utilize the mobile app for their ongoing travel experiences. VeriFLY is used by major airlines, cruise lines, hotels, and other businesses, including American Airlines, British Airways, Aer Lingus, Japan Airlines, Carnival Cruise Lines, Holland America Line, Viking Cruises, Hyatt Hotels & Resorts, and many others. VeriFLY recently reached the milestone of more than 12M travelers serviced, and recently over 1 million Carnival Cruise guests have used VeriFLY for a seamless travel experience. The VeriFLY travel app can be downloaded from the Apple App Store or Google Play. Users can create a secure profile and input flight information, upload crucial travel related documents, and any other essential identity and health documentation. Visit Daon at World Aviation Festival in Amsterdam (booth 12.561) on October 4-6, 2022, to learn how VeriFLY is defining the future of seamless travel. About Daon Daon, the Digital Identity Trust company, enables market-leading organizations worldwide to easily and accurately proof, verify, authenticate and secure customer identities at every trust point across the entire customer lifecycle. With industry-leading identity proofing and biometric authentication technologies at its core, Daon’s technology ensures that customer identities are accurately verified, easily asserted and safely recovered. By mitigating fraud, reducing friction, and ensuring regulatory compliance, Daon help businesses deliver a seamless customer experience, increase customer satisfaction and reduce cost. Daon delivers these solutions through its AI and ML-powered IdentityX® platform, chosen by leading companies in financial services, telcos, travel & hospitality and other industries to secure and process hundreds of millions of digital identity transactions daily. Learn more at www.daon.com.

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TRAVEL TECHNOLOGY,DESTINATION AND TOURISM

GigNet to Provide Managed Services to Aquaworld Cancun to Provide Clients with Seamless Wi-Fi while Embarking on Unique Water Tours and Experiences

GigNet | August 16, 2022

GigNet, a Digital Infrastructure company with an extensive regional fiber optic broadband network from Costa Mujeres, North of Cancun, through the Hotel Zone of Tulum, announced today it has signed an agreement to provide high speed Internet and Managed Services to Aquaworld marina located in Cancun's Hotel Zone. Aquaworld has been the “Fun Leader” for water activities in Cancun since 1986 and is a 2022 Tripadvisor “Travelers’ Choice” award recipient.Aquaworld’s main facilities are a marina in the Hotel Zone of Cancun, with the capacity to receive hundreds of boats, wave runners, and aquatic equipment. The facility also features the only pool to teach diving courses and training at the PADI certification level. Popular tours include an Isla Mujeres cruise and snorkeling trip and the “Paradise Subsee” – a cross between a yellow submarine and a glass bottomed boat – found only at Aquaworld, with tours of the Punta Nizuc Reef and the Cancun Underwater Museum. “As the ‘Fun Experts’ in Cancun, our Mission is to offer our guests an exciting, entertaining, and safe experience,Our customers’ experience begins at the Marina before they leave the dock, and this includes allowing them to stay connected to friends and family. Once their adventure begins, capturing the experience in a digital photograph to share and keep for years to come is an important part of the Aquaworld encounter. High-speed Internet helps us deliver this keepsake in a timely, high-quality fashion.” -Andrea Orozco, General Manager. Mark Carney, OBE and President of GigNet Mexico, commented, The incredible blue waters of the Caribbean Sea are at the center of the Cancun travel experience. Whether it is a relaxing and interesting boat tour or an exhilarating hands-on activity, Aquaworld helps travelers of all ages enjoy a water adventure while visiting the Cancun region. Our fiber-optic network and strong Wi-Fi services in the Cancun Hotel Zone help leading businesses such as Aquaworld earn top ratings from clients and from travel websites. The best ocean activities and the best Internet are a powerful combination. Together, Aquaworld and GigNet are a reason Cancun is the best destination in the world for travelers, adventurers, families, conferences, and digital nomads. ABOUT AQUAWORLD Founded in 1986, Aquaworld is located in Cancun and in Cozumel and is known globally as a leading company specializing in aquatic entertainment and activities. In addition to being the “Fun Experts” in Cancun for over 35 years, Aquaworld also prides itself on its contributions to preserving the delicate ecological balance of the reefs and ocean life of Cancun and Riviera Maya. Aquaworld has earned the prestigious “ESR” Badge from the Mexican Center for Philanthropy (CEMEFI) for Environmental and Social Responsibility. This places Aquaworld among the elite companies in Mexico who share the distinguished ESR label. Aquaworld is part of the Ultramar family of companies. https://aquaworld.com.mx/en/ ABOUT GIGNET GigNet is the Mexican Caribbean brand of GigNet, Inc., a U.S. based international Digital Infrastructure company specializing in Fiber-to-the-Home (FTTH) and Fiber-to-the-Premises (FTTP) for enterprise customers including hotels, resorts, retailers, offices, large commercial operations, governmental offices, and medical and educational facilities, as well as fiber-optic transport services for mobile phone operators in the region. Through its Mexico operating subsidiaries, GigNet, S.A. de C.V., and Sanalto Redes Peninsular, S.A.P.I. de C.V., the Company is a fully licensed telecommunications provider in Mexico. GigNet is actively adding customers to its extensive regional broadband network in the Mexican Caribbean, one of the largest and fastest growing tourism and new residential development destinations in the world, with over 25 million annual airport visitors. GigNet is a leader in the Digital Transformation of the region.

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TRAVEL TECHNOLOGY,HOSPITALITY TRENDS

Plug and Play Welcomes Sabre as its Newest Travel and Hospitality Partner

Sabre Corporation and Plug and Play | July 07, 2022

Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, announced its partnership with Plug and Play's Travel & Hospitality program headquartered in the heart of Silicon Valley. Plug and Play is a global innovation platform that brings together the best startups with the world's largest corporations. Through this partnership, Sabre will enhance its visibility and gain early access to the global startup community. "Over the past years, we have accelerated our focus on innovation, both internally and together with strong partners, Our collaboration with Plug and Play is another milestone on this journey and we are very excited to engage with their world-class community of forward-thinking, driven entrepreneurs to shape the future of travel." -Sundar Narasimhan, President Sabre Labs & Product Strategy. Plug and Play's Travel & Hospitality program launched in 2016 and has since expanded to six locations around the world. Since its inception, the Travel program has accelerated over 250 startups and worked with some of the most innovative corporations in the industry. With this partnership, Plug and Play's goal is to complement Sabre's innovation roadmap through vetted introductions to promising travel technologies that will seek to ultimately translate to a faster recovery for the industry while improving the traveler's overall journey. "When it comes to insights regarding the entire travel ecosystem, Sabre has demonstrated their commitment to diverse and in-depth products that touch many of our travel and hospitality partners and their customers," Sabre's commitment to digital transformation is exemplified by the innovative work coming out of Sabre Labs, their support in the startup community as well as their work with forward-thinking partners both inside and outside of travel. This partnership came into fruition at a perfect inflection point for the travel industry's recovery." -Saeed Amidi, CEO & Founder, Plug and Play. About Plug and Play Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we're present in 35+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we've invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/ About Sabre Corporation  Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveller experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information visit www.sabre.com.

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