TRAVEL TECHNOLOGY
Mondee | January 31, 2023
On January 30, 2023, Mondee Holdings Inc., a next-generation marketplace driven by technology that enables growth in a $1 trillion sector of the travel market, introduced an innovative affiliate program named Mondee Affiliate Network.
As the travel industry recovers from the pandemic's impact, Mondee acknowledges the need for a new approach to assist travel affiliates, agencies, and experts in resolving their growth challenges. The Mondee Affiliate Network is a unique program created to help gig workers, travel experts, and agencies thrive in the flourishing experiential travel market.
Driven by Mondee's advanced technology, the program offers affiliates an exclusive arrangement with enhanced revenue opportunities and tools to expand their product line-up, increase profitability, and remain competitive in an ever-changing market. In addition, this model benefits suppliers, experts, and travelers. Suppliers will receive efficient management for closed user group content and targeted distribution. At the same time, experts and travelers will gain exclusive access to a broader range of products and improved revenue opportunities on travel content such as hotel stays, airfare, and ancillaries.
Prasad Gundumogula, Chairman, CEO, and Founder at Mondee, shared, "We are excited to introduce the Mondee Affiliate Network, a cost-effective solution for travel agencies, experts and affiliates looking to recover from the pandemic and become more competitive in the ever-changing market." He added, "The program creates an exclusive relationship between Mondee and its customers, accelerates Mondee's market share penetration immediately into the air and hotel industries and positions the company as a leading provider of complete travel content and experiences to travel agents and affiliate groups globally."
(Source – GlobeNewswire)
About Mondee Holdings, Inc.
Founded in 2011 and headquartered in Austin (Texas), Mondee Holdings, Inc. is a group of notable travel service, technology, and content companies bringing disruptive innovation to the leisure, corporate, and retail travel markets. It provides a groundbreaking technology platform of mobile, SaaS, and cloud products and services to a global customer base, handling over 50 million daily searches and billions of dollars in transactional volume each year. Its network includes more than 50,000 gig economy workers and leisure travel advisors, 500+ airlines, and over one million vacation rentals and hotels.
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COMMERCIAL TRAVEL, INDUSTRY OUTLOOK
GO7 | February 08, 2023
On February 7, 2023, GO7, formerly 777 Travel, launched its new brand as part of a larger strategy to connect its processes, teams, and corporate portfolio around its central mission to transform travel brands by putting control back in their hands. The launch of GO7 is a significant milestone in a multi-year plan to re-architect traditional airline solutions behind the scenes. It follows the acquisition of Air Black Box, WorldTicket, and AeroCRS by 777 Partners.
GO7 solidifies 777 Partners' innovative travel technology strategy, centered on developing new commerce channels for airlines and travel companies and enhancing next-generation distribution, interlining, retailing, and passenger connectivity.
Over 185 network, low-cost, regional, and rail operations use the company's travel technology solutions. These include global ticketing and distribution services, loyalty and payment platforms, next-generation passenger service systems, and baggage, interlining, and disruption solutions that help airlines enable customers' connected journeys and efficiently generate revenue.
GO7 is poised to pioneer industry restructuring at a time when it is essential for travel brands to transform, and its leadership team is committed to democratizing air travel and reimagining the travel experience.
Meir Hadassi Turner, Chief Executive Officer of GO7, shared, "There's more passion and desire for travel from consumers than ever before, and demand is surging from new places and new operators. GO7 is an exciting moment for us and a key milestone in our journey to help airlines and travel brands meet this demand, generate more dynamic experiences and accelerate revenue growth without adding layers of complexity." He added, "This moment also recognises our valued customers and partners who have supported this journey and will be at the centre of everything through our next chapter."
(Source – Cision PR Newswire)
About GO7
London-based GO7 represents a fresh approach to travel technology, with the belief that airlines and other travel operators should regain control through flexible, customer-centric technology. The path to GO7 began with the acquisitions of AeroCRS, WorldTicket, and AirBlackBox by its investment firm, 777 Partners. The suite of integrated solutions provided by GO7 enables airlines to transform their commercial operations through modern, adaptable technology flexibly designed as a "one-stop" or custom solution. Over 185 airlines worldwide already utilize the firm's services, proving its foundations are solid
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INDUSTRY OUTLOOK
Target Hospitality | February 14, 2023
On February 13, 2023, Target Hospitality Corp., a provider of value-added hospitality services and vertically integrated modular accommodations in North America, announced that it had initiated an Environmental, Social, and Governance ('ESG') strategy development and implementation process.
Target is committed to leveraging the strength of its core mission, vision, and values to define meaningful and measurable ESG-aligned goals. Its strategy will be to create a quantifiable framework for benchmarking progress and establish a reporting system committed to setting and achieving ESG goals. The company believes that this approach will generate an executable strategy aligned with its long-term growth objectives centered on the continued creation of shareholder value.
The organization has appointed Scott S. Junk as Senior Vice President of ESG to lead this initiative and focus on the company's ESG strategy and implementation. Before joining Target, Mr. Junk was in charge of positioning, releasing, and developing the ESG initiative for WillScot Mobile Mini.
Brad Archer, President and Chief Executive Officer of Target Hospitality, shared, "We are pleased to formalize our ESG initiative and the commitment to establishing a defined and transparent framework. We have taken meaningful steps in conducting a value-added approach capable of supporting Target's growth and evolution. Thoughtful execution should add lasting benefit to Target's employees, customers, and stakeholders."
(Source – Cision PR Newswire)
AboutTarget Hospitality
Based in The Woodlands, Texas, Target Hospitality (previously Target Lodging) is a leader in turnkey accommodations and integrated hospitality services, present in 22 communities with over 10,000 beds available. It operates worldwide, even in the most remote locations, providing workforce housing and site services to the oil, gas, and mining industries. In addition, it offers temporary accommodation, catering, and hospitality services to governments and relief organizations. In a progressively competitive market, its extensive network, superior culinary services, distinct amenities, and the service-oriented team all work together to improve customer morale and retention. Target Hospitality ensures good care of a client's staff outside of work so that they can perform at their highest level on the job.
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