Despegar, Corp | June 09, 2022
Despegar, Corp announced that it has completed the previously announced acquisition of 100% of TVLX viagens e Turismo S.A for a total consideration of approximately US$15.5 million, which will be subject to customary post-closing adjustments. TVLX Viagens e Turismo S.A is one of Brazil's biggest online travel firms. 17% of the total consideration was paid upon the deal's closure, 43% is projected to be paid in July 2022, 20 percent in June 2024 and the remaining 20 percent in June 2025, subject to any post-closing indemnification changes.
Despegar is Latin America's top online travel agency. Technology has altered the travel sector for over two decades. Despegar is constituted of a consolidated Group that comprises Best Day, Viajes Falabella, Viajanet, and Koin (the Company's fintech company), therefore becoming one of the most significant organizations in the area and able to give a customized experience to more than 29 million clients.
Sabre | May 10, 2022
Sabre Corporation announced its acquisition of Nuvola, a leading global provider of hotel service improvement and guest engagement software. The deal comprises Nuvola technology and guest enablement software and the integration of Nuvola staff into Sabre. The terms of the arrangement were not made public.
Sabre anticipates advancing its hotel retailing and merchandising strategy and expanding its property and operational capabilities by leveraging the Nuvola technologies. The Nuvola capabilities will aid in addressing the on-property fulfillment difficulties that arise when hoteliers provide a more comprehensive array of ancillaries and amenities. Sabre's extensive retailing, merchandising, and fulfillment capabilities will enable hoteliers to expand their offers by addressing this crucial demand.
"The current standalone Nuvola offerings will continue to enhance on-property efficiencies for hoteliers. More importantly, integrating Nuvola capabilities into Sabre's existing retailing and property management solutions will unlock new opportunities for hoteliers to deliver a differentiated, seamless guest experience."
-Juan Carlos Abello, founder and CEO of Nuvola,
Through this acquisition, Sabre Hospitality strengthens its merchandising and operational portfolio to enable its hotel clients to differentiate themselves and provide seamless guest service.
RMS North America | June 02, 2022
On June 1, RMS North America introduced Solonis, a cloud-based, modern property management system built exclusively for the hotel industry. This launch is the first brand expansion of RMS. Solonis was created and crafted by a team of hospitality and business intelligence professionals with more than 35 years of experience in the industry. It assists property owners in increasing occupancy, offering a better customer experience, and optimize revenue.
“The hospitality industry has been burdened by outdated, overly complicated systems for too long – that’s why we created a PMS that works for properties today and readies them for whatever the future holds,At Solonis, we’re uniquely positioned to solve these industry challenges because we balance innovative solutions with human connection, the cornerstone of hospitality. The result is smarter property management that’s seamless and intuitive.”
-Reza Paydar, CEO, Solonis.
Solonis will empower properties to adapt to changing guest behavior and expectations, position themselves for success in a technology-driven era of travel, and support revenue operations as the industry continues to recover, continued Paydar. We believe Solonis supports these goals in a way that no other vendor has before, and we’re eager to make these lasting improvements across the hospitality ecosystem.
Solonis offers a single solution for every aspect of property management. Staff and property managers can benefit from Solonis’ features that include:
Dynamic pricing functionality to maximize profit and occupancy
Revenue and expense flow systems for complex property management
Guest marketing and communication features like text and chat
An internet booking engine integrated with property management features
Guest empowerment tools to manage payment, communication, and check-in/check-out
Customizable BI-propelled dashboard with real-time operations data
From June 27-30, the Solonis team will exhibit the new solution at HITEC Orlando (booth 215). Attendees can learn about the property management system’s channel management, booking engine, mobile-first capabilities and business intelligence by scheduling a demo on Solonis’ official website.