G Adventures | June 10, 2020
As the tourism industry looks to the future of travel following the COVID-19 pandemic, G Adventures has unveiled a new ‘Travel with Confidence’ policy, which introduces new safety procedures across all future G Adventures trips. Designed to ensure the safety and wellbeing of both travellers and employees, while continuing to deliver the adventure of a lifetime, the policy includes new social distancing and hygiene measures, which will be in place from the moment travellers join a trip until they depart.
Working with its global supplier network, the new policy encompasses transportation, where travellers eat, accommodation and activities on the ground. The policy also highlights the importance of the company’s small group offering, which helps to facilitate many of the new safety measures, as well as the key role played by the dedicated CEOs on tour to provide increased reassurance, local knowledge and support to travellers whilst on trip.
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TRAVEL TECHNOLOGY
Iteris | December 08, 2020
Iteris, a global leader in smart mobility infrastructure management, has agreed to acquire TrafficCast International that gives travel information technology, for $16 million.
Madison, Wisconsin-based TrafficCast recorded following 12-month of $14.6 million and changed EBITDA of $1.2 million for the period ending September 30, 2020. Around 60% of the organization's complete sales is identified with its software product items and is accounted for as annual recurring revenue.
TrafficCast works two lines of business – commercial and public area – every of which contributes around 50% of total revenue.
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AIG Travel | September 01, 2020
AIG Travel was awarded top honors by Forbes Advisor in their Best Travel Insurance Companies list for consumers. Out of 15 travel insurance companies ranked by the financial news outlet, AIG Travel came in first, based on a rigorous, data-driven methodology. AIG Travel garnered the best score in the Forbes ranking based on an in-depth review of 15 coverage benefits for multiple travel insurance plans, including baggage delays or mishaps, trip delays or cancellation, travel health or medical expenses, pre-existing medical conditions and flexibility to cancel for any reason.
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