Snowfall | December 03, 2021
Snowfall, the travel technology company, has announced the launch of Junction – the next-generation travel platform that enables suppliers, resellers and partners to deliver the next generation of travel.
Junction provides travellers with more control, choice and confidence, making it possible to book multiple modes of travel door-to-door in a single ticket and supports the traveller throughout the entire journey. By offering a wide range of content, services and enhancements, the platform introduces a new way of connecting all the participants in the ecosystem and disrupts the way to book and experience travel.
Junction arrives at a time when outdated infrastructures and legacy systems are leaving major gaps in the consumer experience. The online research and booking process for travellers has become a maze, difficult to navigate. With an increasing focus on sustainability - Booking.com's 2021 Sustainable Travel Report found 81% of travellers want to stay in sustainable accommodation - Junction simplifies the complexities of booking and leads the way to more sustainable modes of travel, empowering conscious choices every day.
Junction empowers suppliers, resellers and partners to offer more choice to the traveller, by incorporating all modes of travel in a single operating system and removing legacy complexity. Junction is powered by four cloud-based modules: Exchange, Pay, Boost and Plus. These technologies ensure:
Cost effective distribution (Exchange)
An open architecture app store for ecosystem collaboration (Boost)
Seamless payments (Pay)
Revolutionising industry workflows and traveller experience (Plus)
These four modules modernise the way to connect, interact and increase value across the ecosystem, creating a new standard for the industry.
"We created Junction because when it comes to travel, we believe there's a better way. Junction unlocks the power of technology and delivers travel that is accessible, flexible and straightforward. By incorporating all modes of travel in a single, dynamic operating system, we are bringing simplicity to the complex travel industry and empowering suppliers, resellers and partners to change the way people experience travel for good. Connected to Junction, suppliers and resellers can provide their customers with a new generation of offers through the channels their customers prefer."
-Stefan Cars, Snowfall CEO and Founder
the company behind Junction, is a UK-based travel technology company delivering products, services and partnerships. Snowfall is leveraging its experience from all major multimodal travel verticals, one of the few companies who can bring this extensive expertise. While partnering with over 40 top tier travel companies, Snowfall's solutions, such as ticketless travel, have consistently led the way for travel innovation on a global scale.
WTTC & Trip.com | November 26, 2021
The World Travel & Tourism Council (WTTC) and Trip.com Group launched 'Trending in Travel', a new report that shows the latest trends traveller behaviour and future booking patterns in the wake of COVID-19.
WTTC, representing the private Travel & Tourism sector, joined forces with leading global travel service provider, Trip.com Group, and its major consumer brands Trip.com, Ctrip and Skyscanner, to analyse consumer trends shaping the recovery of the Travel & Tourism sector.WTTC's latest projections show strong growth in international spending for 2022 and beyond, projecting to overtake domestic spending in 2022, as more destinations ease restrictions and vaccination rates continue to rise.
Following a 69.4% decline (2020), global international spending on travel is set to rise by 9.3% in 2021, and significantly by 93.8% in 2022.
The inaugural report also reveals how severe and confusing travel restrictions around the world drove a significant rise in domestic tourism, with a surge in domestic hotel bookings of more than 200% on Trip.com's platform this year compared to 2019.
Since the start of the pandemic, mobility restrictions have hindered international travel and, although domestic travel will provide a much-needed boost to the sector, WTTC says the return of international travel is critical to rebooting the global economy.
The report focuses on booking trends, consumer considerations, and consumer profiles. It also features examples of markets whose resilience has provided a platform for the recovery of the Travel & Tourism sector.
The report shows how COVID-19 has changed the way people travel; younger travellers are the first to return to travel; increased demand for longer stays; the importance of fee-free cancellations and the demand for high levels of health and safety checks.
To avoid travel restrictions, travellers are seeking secondary destinations, away from traditional holiday spots, as their destination of choice. This preference positively impacts local communities and livelihoods. According to Trip.com's hotel booking data, Abu Dhabi (UAE) Chiang Mai (Thailand), Doha (Qatar), Florence (Italy), and Frankfurt (Germany) were the most popular secondary destinations in their respective countries in 2021.
The report goes on to show that, according to Ctrip data, bookings for 'the great outdoors' will predominate in the short and medium term. In China – one of the world's largest travel markets - nature-related attraction bookings have increased by 265% in the first half of this year compared to the same period last year.
The pause in travel has also heightened consumers' eagerness to travel more sustainably with more than eight out of 10 (83%) global travellers saying they would make sustainable travel a priority in the future.
Reinforcing this long-term trend, since its launch in 2019, the report shows 68 million travellers have opted to book a "Greener Choice" labelled flight on Skyscanner, a comparatively lower-carbon flight choice.
According to the report, 70% of travellers in many major countries such as the U.S., Spain, the UK, Canada, and Japan plan to spend more on travel in 2022 than they have in the last five years, including 2019 - one of the best years on record for Travel & Tourism.
"It is clear people are really looking forward to travelling again. Consumers are curious, they are looking at new destinations, 'the great outdoors' and travel that benefits the places and people they visit. As travel and tourism represents over 10% of global GDP this is good news for jobs and economies."
-Julia Simpson, WTTC President & CEO
The impact in some countries has been devastating for local communities and this report shows that business is returning in earnest.
"Travellers around the world have shown their eagerness to travel, whether limited to domestic travel or able to cross borders, we see a huge amount of pent-up demand steadily being released."
-Jane Sun, CEO of Trip.com Group
To better evolve with the recovery we must understand travellers, and as an industry adapt to emerging trends.
Latest WTTC research shows the global recovery of the Travel & Tourism sector is picking up pace with the sector's contribution to global GDP projected to rise by 30.7% in 2021 and 31.7% in 2022.
For more information on the Trending in Travel: Emerging Consumer Trends in Travel & Tourism in 2021 and Beyond report, download the full report here.
About Trip.com Group
Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services, and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centers. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission "to pursue the perfect trip for a better world".For more information, please visit: group.trip.com
The World Travel & Tourism Council is the global authority on the economic and social contribution of Travel & Tourism. WTTC promotes sustainable growth for the Travel & Tourism sector, working with governments and international institutions to create jobs, to drive exports and to generate prosperity. Council Members are the Chairs, Presidents and Chief Executives of the world's leading private sector Travel & Tourism businesses.For further information, please visit: WTTC.org
Sonder | January 07, 2022
Sonder Holdings Inc. (“Sonder”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced it has added over 100 new corporate travel accounts over the last year as a result of the high demand for its thoughtfully designed, reliable and tech-enabled accommodations among business and group clients.Sonder has seen increasing corporate travel demand from the technology, hospitality, retail, entertainment and healthcare industries, and nearly half of Sonder’s corporate booked revenue was driven by corporate housing demand. With Sonder locations in major global business hubs, the most popular destinations for corporate and group bookings last year were New York City, Philadelphia, London, Dublin, New Orleans and Palm Springs.
“In this economy, companies offering a compelling relocation package to a prospective hire can really stand out,” shared Situ’s Managing Director Phil Stapleton. “Today, our clients are consistently prioritizing autonomous accommodation spaces that are comfortable, thoughtfully designed, tech-forward and in the right locations. Sonder consistently delivers across all these aspects, helping us provide the outstanding corporate housing experience our clients are looking for, which makes a difference.”
Sonder’s flexible accommodation options span individual hotel rooms to full apartments with multiple bedrooms, which are available for one-night or multi-night stays. Many spaces offer room to spread out and work remotely, with fully-equipped kitchens, living rooms, multiple bedrooms and en-suite laundry. Sonder’s tech-enabled experience makes it easy for travelers to request early check-in or late check-out directly from their phones, and to bypass crowded lobbies via check-in through the Sonder app. Sonder guests also receive instant support through the company’s 24/7 Concierge service through the app.
“We’re incredibly pleased with the traction we’ve seen among this important travel segment since launching a dedicated team focused on this customer base just last year, and to be working with strong partners in the space,Our continued growth and working with over 100 corporate clients has proven that there’s a significant need for thoughtfully designed, tech-enabled accommodations among these agencies and travelers.”
-Kristen Richter, Vice President of Sales at Sonder
Following the launch of its dedicated business travel offering and Global Distribution System connectivity in mid-2021, Sonder recently signed a partnership with ABC Global Services, a leading supplier of services and technology for travel agencies, advisors and professionals. ABC Global Services’ entire global agent network will now benefit from the ability to choose a comfortable, contactless stay at Sonder in more than 35 cities around the world, at preferential rates.
“While corporate travel may look a little different these days, what matters to our clients and their travelers remains the same: a consistent, comfortable and reliable hospitality experience,We believe that Sonder’s next-generation business model meets that need, delivering an experience that’s innovative, seamless and elevated – with flexible options for different types of stays and travelers.”
-Dee Runyan, President at ABC Global Services
Sonder also has active business travel partnerships with Egencia, HotelEngine and TripActions, three top Travel Management Companies.
Business Combination with Gores Metropoulos II
Sonder recently announced that the Registration Statement on Form S-4 filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 7, 2021, as amended by Amendment No. 7 filed on December 20, 2021, was declared effective on December 22, 2021. The Registration Statement was filed in connection with the proposed business combination of Sonder and Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU). A special meeting of Gores Metropoulos II stockholders to approve the business combination will be held on January 14, 2022, at 9:00 a.m. Eastern Time.
Sonder’s common stock and public warrants are expected to be listed on Nasdaq under the ticker symbols “SOND” and “SONDW,” respectively, following the closing of the business combination. Upon completion of the business combination, subject to any redemptions by the public stockholders of Gores Metropoulos II and the payment of transaction expenses at the closing, Sonder expects to have approximately $310 million in PIPE proceeds, up to $450 million in cash in Gores Metropoulos II’s trust account and $165 million of Delayed Draw Notes to fund operations and support new and existing growth initiatives.
Sonder is revolutionizing hospitality through innovative, tech-enabled service and inspiring, thoughtfully designed accommodations combined into one seamless experience. Launched in 2014 and headquartered in San Francisco, Sonder provides a variety of accommodation options — from spacious rooms to fully-equipped suites and apartments — found in over 35 markets spanning ten countries and three continents. The Sonder app gives guests full control over their stay. Complete with self-service features, simple check-in and 24/7 on-the-ground support, amenities and services at Sonder are just a tap away, making a world of better stays open to all.To learn more, visit www.sonder.com or follow Sonder on Facebook, Twitter or Instagram. Download the Sonder app on Apple or Google Play.
About Gores Metropoulos II, Inc.
Gores Metropoulos II, Inc. (Nasdaq: GMII, GMIIW, and GMIIU) is a special purpose acquisition company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and by an affiliate of Metropoulos & Co. whose Principals are Dean, Evan and Daren Metropoulos. Gores Metropoulos II was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Messrs. Gores and Metropoulos together have over 100 years of combined experience as entrepreneurs, operators and investors across diverse sectors including industrials, technology, media and entertainment, business services, healthcare and consumer products and services. Over the course of their careers, Messrs. Gores and Metropoulos and their respective teams have invested in more than 180 portfolio companies through varying macroeconomic environments with a consistent, operationally-oriented investment strategy. For more information, please visit www.gores.com.