Northstar Travel Group Acquires travAlliancemedia

citybizlist | October 09, 2019

Northstar Travel Group today announced it has acquired travAlliancemedia, a leading marketing services, digital media, event and information company serving the retail travel community in North America. travAlliancemedia is the owner of well-known brands including TravelPulse.com, TravelPulse Canada, Agent at Home, Travel Agent Academy, Agent Studio, and a portfolio of custom content solutions, marketing services, and software and marketing tools for the retail travel community.

Spotlight

Organising any form of business travel city can be a very daunting and intimidating task. From booking flights to arranging accommodations – there are lots of travel preparation which needs to be done. Along with the travel, business travellers have to do their jobs. Career stress aside, the annoyances of trekking anywhere in an unfamiliar city can pile up as well. Taking all these stress into account, it’s easy for business travellers to take security precautions for granted.

Spotlight

Organising any form of business travel city can be a very daunting and intimidating task. From booking flights to arranging accommodations – there are lots of travel preparation which needs to be done. Along with the travel, business travellers have to do their jobs. Career stress aside, the annoyances of trekking anywhere in an unfamiliar city can pile up as well. Taking all these stress into account, it’s easy for business travellers to take security precautions for granted.

Related News

INDUSTRY OUTLOOK

Habitas Redefining Sustainable Travel, Continues its Award-wining Streak with New Accolades

Habitas | June 10, 2022

Habitas adds to its extensive accolades by being announced the winner of the prestigious Hospitality Design Awards 2022. Habitas is a sustainable, experience-led hospitality brand with properties on three continents. Habitas AlUla, the brand's most recent endeavor, won the Lifestyle Hotel category of the Awards and was commended for its beautiful, eco-friendly design in the middle of AlUla's desert valley. This honor adds to Habitas' current success, which most recently saw its newest Mexico hotel, Habitas Bacalar, earn many Best New Hotel-led awards, including inclusion in Travel + Leisure's It List and Condé Nast Traveler's Hot List 2022. In addition, Habitas AlUla, the brand's first Middle Eastern hotel, was awarded the Middle East Design Award for Best Hospitality Project by Architectural Digest in 2021. Habitas is a worldwide hospitality organization that Oliver Ripley, Kfir Levy, and Eduardo Castillo co-founded in 2016. It attracts conscientious travelers seeking fresh experiences centered on human connection, sustainability, and local community empowerment. The brand was recognized as a winner of Travel & Leisure's Global Vision Awards in 2021. The brand's tremendous expansion involves opening five new locations in 2022 and the development of an additional 25 projects. Habitas unveiled its flagship residence in Tulum in 2017 and is expanding worldwide with Habitas Bacalar, Habitas AlUla, and Caravan by Habitas, as well as plans for locations in Morocco, Mexico, Costa Rica, and Bhutan.

Read More

TRAVEL TECHNOLOGY

Stratix and Samsung Form Alliance for Smart and Connected Hotels

Stratix and Samsung | June 17, 2022

On June 15, Stratix Corporation, a leading Managed Mobility Services (MMS) provider in the U.S., announced its alliance with Samsung to bolster SmartMobile technology solutions to revolutionize hospitality operations and guest experiences. Both the companies want to solve many of the challenges the hospitality industry faces today. The majority of the hotels and resorts in the U.S. rely on slow, analog workflows that do not contribute to great guest experiences. Mobile devices and applications can create highly-efficient fully-connected hotels to remedy this issue. Stratix has created an interactive video demonstrating transformative mobile solutions for maintenance, housekeeping, front desk, concierge, dining, events, and valet services. Such solutions paired with mobile devices and wearables can make workflows intelligent and seamless. As a result, employees can work efficiently and happily, customers can enjoy digital interactions that match their service expectations and enjoy their stay. Stratix and Samsung solve some of the most pressing issues that the hospitality industry face, including: Implementing technology Personalizing customer experiences Attracting and retaining employees This alliance pairs Samsung’s industry-leading technology for the hospitality industry with Stratix’s expertise in the solution design domain, lifecycle management and 24x7x365 support. Both the companies can: Educate hospitality companies through the knowledge and resources they need to develop and implement cutting-edge technology and create competitive differentiation Translate data and insights into usable information that helps tailor guest experiences, promotions, and loyalty programs to individual customers Provide employees with useful and easy-to-use tools that improve their productivity and make their lives easier "With customer expectations increasing and hospitality facing the same staffing challenges other industries are navigating, using mobile-driven digital transformation to improve productivity and enhance user experiences just makes sense, Our alliance with Samsung allows us to expand our strategic customer engagement model, and success in other industries with comparable use cases, to quickly bring transformative Managed Mobility Services to the hospitality industry." -Gina Daniel-Lee, Vice President, Strategic Alliances and Partnerships at Stratix. Together, Samsung and Stratix are delivering solutions that the hospitality industry desperately needs to create outstanding guest experiences.

Read More

INDUSTRY OUTLOOK

Hyatt Shares Updates on Operations, Summer Booking Trends and More

Hyatt Hotels Corporation | June 07, 2022

Hyatt Hotels Corporation shared updates on its operating results for May, summer travel booking trends, and confirmation of the closing of previously announced asset disposition as the NYU International Hospitality Investment Conference commenced. “We are delighted that we closed on the last of four previously announced owned hotel dispositions. In total, these four dispositions generated $812 million in gross proceeds and demonstrate meaningful and expeditious progress towards our current $2 billion asset disposition commitment, Additionally, our operational metrics in May serve as further evidence of continued recovery with comparable system-wide RevPAR improving from April, and system-wide RevPAR outside of Asia Pacific actualizing 3% above 2019 levels for the second consecutive month. As we look forward, we anticipate a busy summer travel season ahead.” -Mark S. Hoplamazian, President and Chief Executive Officer of Hyatt Hotels Corporation In the update, Hyatt announced that the comparable system-wide RevPAR in May was approximately $127, the strongest RevPAR performance in any individual month since November of 2019. The leisure transient revenue was up 18% in May, thanks to Memorial Day weekend, where RevPAR in the Americas was approximately 24% above Memorial Day weekend of 2019. Business transient and group revenue also continued to strengthen in May. The summer travel season ahead looks favorable in terms of booking trends. Gross group room revenue booked in May for stay dates in 2022 for comparable Americas was 46% above May of 2019. The all-inclusive portfolio had strong results. As for the asset dispositions, the company has closed on all four previously announced assets resulting in gross proceeds of $812 million or over 40% of its current $2.0 billion disposition target, reflecting an aggregate multiple of 15.7x 2019 EBITDA, and entered into a long-term management agreement for each of the properties upon sale. Additionally, the company is marketing two of its hotels for sale.

Read More