PYMNTS.com | January 19, 2021
Offline travel application Maps.me has brought $50 million up in a funding round led by Alameda Research, joined by new financial specialists cryptocurrency lender Genesis Capital and crypto firm CMS Holdings, as indicated by a Monday (Jan. 18) declaration, Coindesk announced.
The new funds will be reserved for the rollout of a multi-cash wallet on Maps.me and will empower a decentralized finance (DeFi) environment on the stage, Coindesk said. With DeFi, it desires to form the apparatus into an "everyday app," making Maps.me more standard.
The disconnected planning application has 140 million clients worldwide and is endeavoring to make a decentralized money biological system inside the guide application.
The objective is to launch an inserted multi-currency wallet inside Maps.me, which gives travel aides and guide benefits and permits clients to take an interest in yield-making finance and to win money back by means of exchanges through the wallet.
“By embedding and democratizing access to yield-earning finance to millions of users via an everyday app, Maps.me has the potential to really propel DeFi mainstream adoption and bring a groundbreaking technology to the masses,” Sam Bankman-Fried, founder and CEO of Alameda Research and also crypto exchange FTX, told the news outlet.
AIRLINES AND AIRPORTS
Mexican airlines | May 10, 2021
Tourists are flocking to the United States for Covid-19 vaccination shots, and airlines and travel providers are leveraging on the opportunity to market and develop services, according to the Wall Street Journal.
Though New York City Mayor Bill de Blasio has stated that the city will soon give tourists coronavirus vaccines at mobile vaccination centers this summer as the city prepares to open, tourists, mostly from Mexico, have been visiting the US and getting vaccinated.
According to the Journal, tens of thousands of visitors from Mexico and other countries have already traveled into US states such as Texas and Florida to get a shot. Many states in the United States, including Texas, do not need proof of residency to get the coronavirus vaccine.
Thousands of affluent Latin Americans, including politicians, TV celebrities, and business leaders, had previously traveled to the United States for Covid-19 shots, according to USA Today. Many people were using charter planes or buses to get the vaccine.
Virginia Gónzalez and her husband traveled from Mexico to Texas, then took a bus twice to a vaccination center to get all doses of the vaccine. They covered a total of 2,250 kilometers to get the shots.
"It's a matter of life and death," Gónzalez said. "Officials in Mexico could not purchase enough vaccines. It's as though they don't care for their people."
According to the Journal, Mexico has fully vaccinated 6% of the population and only people above the age of 60 are eligible for a dose at this time. They have mentioned that some travel agents are advertising vaccines as part of their packages.
According to the Journal, one Mexico travel agency ad said, "Enjoy Dallas, Includes Covid Vaccine." Mexican airlines have also expanded the number of flights between Mexico and South Texas.
Another Thai travel company is promoting a vaccination package to California. According to a Thai travel agent, her organization has already booked 200 people on a vaccination trip to the United States. A 10-day journey to California with a single-dose Johnson & Johnson vaccine costs each tourist $2,400, excluding airfare.
According to the Journal, vaccine tourism, especially travel from Mexico, is helping to revive the economy in many Texas cities, as travelers who book hotels shop locally and visit attractions while being there.
Sabre Corporation | October 22, 2020
Sabre Corporation the leading software and technology company that powers the global travel industry, today announced that Sabre and Google are developing an Artificial Intelligence (AI)-driven technology platform that is an industry first in travel. The technology, known as Sabre Travel AI™, is infused with Google's state-of-the-art AI technology and advanced machine-learning capabilities that will help customers to deliver highly relevant and personalized content more quickly, deliver personalized content that better meets the demands of today's traveler, and create expanded revenue and margin growth opportunities. The Company is integrating Sabre Travel AI into certain products in its existing portfolio, with plans to bring those to market in early 2021.