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Pendry Hotels & Resorts Unveils Plans for First International Resort and Residences: Pendry Barbados and Pendry Residences Barbados

prweb | April 25, 2023 | Read time : 03:50 min

Pendry Hotels & Resorts

Pendry Hotels & Resorts today announced the development of Pendry Barbados and Pendry Residences Barbados, slated to debut in 2026. The first international destination from Pendry Hotels & Resorts, this island oasis will bring Pendry’s signature sensibilities and contemporary luxury offerings to a stunning Caribbean setting in St. Peter, on the country’s coveted west coast.

Pendry Hotels & Resorts will reimagine the existing Port Ferdinand Luxury Marina & Residences, and will develop a new luxury beachfront resort and residences with architect, Robert Glazier, and a U.S.-based private investment and development team. Pendry Barbados will consist of approximately 74 oceanfront guest rooms and suites along with 46 private Pendry Residences. Pendry Barbados guests and residence owners will have exclusive access to resort amenities, including a 111-berth marina; multiple dining concepts including a destination restaurant, beach club bar & grille, rum bar, lobby lounge, and pool bar; Spa Pendry with seven treatment rooms; a state-of-the-art fitness center; expansive indoor and outdoor meeting and event space, plus recreation and family-centric offerings including Pendry’s Pinwheel Kids Club and Compass Sports.

“We are incredibly excited to embark on the international expansion of the brand with Pendry Barbados,” said Alan J. Fuerstman, founder, chairman and CEO of Montage International. “With our commitment to creating inspiring experiences in exceptional destinations, we felt an immediate connection to the dynamic beauty and warm, welcoming spirit of Barbados, and we look forward to introducing our guests, homeowners and the local community to Pendry while creating lasting memories for many years to come.”

An enchanting island of white sand beaches, timeless caves and coral reefs, and an abundance of aquatic adventures, Barbados is also home to cricket, polo, horse racing, golf and a distinguished culinary scene—all of which will be embodied in the thoughtfully designed, amenity-rich, Pendry Barbados. The resort will offer private membership to an exclusive marina club in Port Ferdinand, featuring a variety of yacht berth sizes. Special amenity highlights include well-appointed dockside boat storage and dedicated individual vessel services to provide the ultimate sailing and boating experience with personalized access to onboard provisioning, dining, housekeeping and assistance with family excursion planning.

“The setting for Pendry Barbados is magical – a pristine beach, luxury marina, and lush forest intersect to create an incredibly unique environment,” said Michael Fuerstman, co-founder, Pendry Hotels & Resorts. “We are so inspired by this captivating destination, and thrilled to bring forward sophisticated architecture and design, and the unique amenities, experiences and adventures for which Pendry Hotels & Resorts is known.”

About Pendry Hotels & Resorts

Pendry Hotels & Resorts is a contemporary luxury hospitality brand from Montage International. Pendry combines inspired design with a celebration of culture and authentic service tailored to today’s cultured world traveler. Founders Alan J. Fuerstman and Michael Fuerstman's well-seasoned experience in the hospitality industry serves as the foundation for the brand, injecting each property with a unique perspective on contemporary style, and an emphasis on the arts and local community in the city it calls home. The portfolio of hotels includes Pendry San Diego, Sagamore Pendry Baltimore, Pendry West Hollywood, Pendry Chicago, Pendry Manhattan West, Pendry Park City and Pendry Washington DC – The Wharf. Opening in 2023 is Pendry Newport Beach. Opening in 2024 is Pendry Natirar and Pendry La Quinta. Opening in 2026 are Pendry Tampa and Pendry Barbados. Pendry Hotels & Resorts is a member of Preferred Hotels & Resorts.

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Sandman Hotel Group Announces the Opening of Sandman Signature Fort Worth Downtown Hotel

globenewswire | July 19, 2023

Sandman Hotel Group and its parent company, Northland Properties, are excited to announce that the new Sandman Signature Fort Worth Downtown Hotel is now open. Situated at 810 Houston St. in the century-old W.T. Waggoner Building, this opening marks the brand’s second Signature-branded hotel property in Texas. Originally constructed in 1920, this 20-story building was known for being the tallest in the State of Texas and the Southwest. The building is u-shaped on the upper floors and is one of the few buildings in Fort Worth to position light toward the front of the building and making it a design feature. It is part new-build and part carefully adapted reuse of some of the original 1920 design features, such as its historical exterior, ornate lobby entrance, vaulted towers, banking hall with teller cages, and its beautiful interior marble finishings. Dedicated to preserving this iconic building, the team at Sandman Hotel Group has designed this hotel to perfectly complement the city’s historical heritage and modern creative energy. Robert Sturns, Economic Development Director for the City of Fort Worth, says he is thrilled with Northland’s commitment to preserving the iconic building, “This project celebrates Fort Worth’s past while still supporting the current and future growth of downtown, and we look forward to the Sandman Signature Fort Worth Downtown Hotel as being part of our growing community.” Owned and operated by Sandman Hotel Group, Sandman Signature Fort Worth Downtown Hotel features 245 new, premium-style guest rooms complete with spa-inspired bathrooms and modern amenities, and a lively lobby bar to be enjoyed by hotel guests and the local community. Guests will find a modern fitness facility and multi-use meeting space on the mezzanine. Tom Gaglardi, CEO of Northland Properties, commented: “'The opening of Sandman Signature Fort Worth Downtown Hotel is an exciting addition to our portfolio and strengthens our growth in Texas. Fort Worth offers a vibrant downtown experience rich in culture, history, and southern hospitality. We are incredibly proud to be part of this community and delighted to welcome our hotel guests and local restaurant and bar visitors to enjoy a particularly special hospitality experience that encompasses the beautifully designed historical touchpoints of this iconic building." In addition to taking advantage of the hotel's Signature branded perks, guests can enjoy a first-class onsite dining experience on the lower ground floor at the famed Musume Restaurant. Owned by Dallas's Rock Libations Restaurant Group, Musume offers contemporary Asian cuisine and world-class sushi. The restaurant also features the country's most extensive premium sake program with over 120 selections and the largest Japanese Whiskey selection in the Dallas/Fort Worth area. "We're so excited to partner with a prestigious hotel brand such as Sandman Signature. As a born and bred Texas & Dallas Fort Worth native, bringing Musume to Fort Worth means so much to me. Fort Worth has transformed into such a lively city while keeping its southern roots. I think Musume will be a great addition to the vibrant downtown area," said Joshua Babb, Co-Founder, Rock Libations Restaurant Group. The newest Sandman Signature location offers guests close proximity to some of the city’s most vibrant downtown neighborhoods. Districts such as Sundance Square, Cultural District, and Fort Worth’s historical Stockyards provide fun, culture, ample shopping, and art galleries, with a wide variety of unique dining and entertainment options. Meanwhile, corporate guests will be able to take advantage of being only a block away from Fort Worth Convention Center. Sandman Signature Fort Worth Downtown Hotel is truly a one-of-a-kind, and our team of dedicated hospitality professionals invites you to be the first to experience this unique guest experience with our Opening Celebration Rate: Stay between now – September 4, 2023, and save up to 50% off the Standard Rate with our Opening Celebration Offer. Book your reservation now at sandmanhotels.com or call 1-800-SANDMAN. Remember to sign up to RSVP Rewards to begin earning points toward free hotel stays as well as other perks. About Sandman Hotel Group Sandman Hotel Group is a collection of economy, midscale, and premium hotel brands found in 5 countries worldwide. It is owned and operated by Northland Properties Corporation - the force behind well-known brands such as The Sutton Place Hotels, Denny's Canada, Moxies, Chop Steakhouse & Bar, Shark Club, Revelstoke Mountain Resort, Grouse Mountain Resort, Dallas Stars NHL Team, and Northland Asset Management Company.

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Hospitality Trends

NuZee Subsidiary Dripkit Coffee Partners with The Junto Hotel for Ohio State-Themed In-Room Coffee Solution

prnewswire | August 22, 2023

Dripkit Coffee, a leading single-serve pour over solution for a variety of roasters and wholly owned subsidiary of NuZee Inc. (Nasdaq: NUZE), is teaming up with new Columbus, Ohio hotel, The Junto, to launch an in-room coffee solution honoring Ohio State's 1926 homecoming queen, Maudine, the Holstein cow. In 1727, Benjamin Franklin — you may have heard of him — founded a "club for mutual improvement," which he styled The Junto. Ben's club brought together people from diverse backgrounds to discuss issues and ideas of the time. The Junto hotel is a modern-day embodiment of this idea. With an emphasis on public gathering spaces, the hotel gives visitors, locals, entrepreneurs, and artists alike a place to come together, exchange ideas, and inspire one another. In designing the packets for this collaboration, The Junto and Dripkit teams drew inspiration from the hotel's breakfast and coffee shop, Maudine's. In 1926, when Rosalind Morrison won the distinction of Ohio State University Homecoming Queen and learned that she had received more votes than there were students at the school, she passed her crown to the runner-up, Maudine Ormsby. An esteemed member of the university's dairy herd, known for her award-winning milk production, Maudine was officially declared Queen. The black and white cow print Dripkits featuring a small yellow crown can be found in all 198 rooms of the hotel for guests that need a pick-me-up before heading down to Maudine's for breakfast, visiting the hotel's two restaurants or walkup food window, meeting in the multiple event spaces, or hitting one of the many amenities including a gym, patio, working spaces, and "Gear Garage," where hotel guests can borrow bicycles, kayaks, paddleboards, instant cameras, backpacks, and GoPro video cameras. Founded in 2017 by Ilana Kruger, Dripkit offers single serve pour over coffee formats on a large scale to combine convenience and quality. Dripkits produce a 10oz cup of coffee using 17g of roasted and ground coffee without the prep or cleanup of a traditional pour over. The just-add-water format enables hotel guests and visitors to brew the perfect cup of coffee in two minutes and enjoy freshly roasted specialty coffee on-the-go, sans equipment, and without the mess. The Junto joins an esteemed line of Dripkit hospitality partners, which include Kayak and Autocamp. Dripkit Coffee is a business division of the NuZee (NASDAQ: NUZE) brand portfolio. To learn more, please visit https://dripkit.coffee. About The Junto The Junto is an independent hotel developed by Columbus-based Rockbridge, under the company's Makeready division. This is Makeready's first Columbus hotel, following hotels in Savannah, Charleston, Nashville, Denver and Dallas. The company is planning a second hotel in the Merchant Building underway next to the North Market. About Dripkit Dripkit offers a large-size single serve pour over format that delivers what it believes to be a barista-quality coffee experience to coffee drinkers in the United States. The brand has combined its focus on convenience and quality, as well as a goal of using first-rate, ethically sourced coffee beans, to become a leader in the single serve coffee category. About NuZee Coffee NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company for single serve coffee formats that partners with companies of all sizes to help them develop within the single serve and private label coffee category. Providing innovative and eco-conscious solutions with the flexibility and capacity for both small roasters and large global brands, NuZee is revolutionizing the way single serve coffee is enjoyed in the United States. Through the brand's unique process, NuZee fulfills every aspect of co-packing needs, from roasting and blending, to packing and packaging. NuZee has production facilities in the United States and Korea.

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Mondee Acquires Skypass, a leading Travel Marketplace, bringing AI to SMEs

globenewswire | August 17, 2023

Mondee Holdings, Inc. the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the acquisition of Skypass Travel, Inc. (“Skypass”), a global full-service retail and wholesale provider of corporate, leisure, and humanitarian travel, based in the Dallas, Texas area. The acquisition of Skypass supports Mondee's ongoing expansion and diversification endeavors, encompassing markets that serve both personnel and affiliates from international corporations, small and midsize businesses (SMBs), as well as humanitarian organizations. Skypass maintains domestic offices in the Dallas, Texas area and Austin, Texas. Furthermore, it boasts a global footprint through its international offices located in Latin America (LATAM), Mexico, Canada, and India. Skypass achieved a gross revenue of $45 million and adjusted EBITDA of $4 million, representing a margin on net revenue of approximately 60%, in 2022. At closing, Mondee paid a consideration of approximately $15 million, comprised of cash and Mondee common stock priced at $10 per share. Additionally, the agreement allows for a potential future earn-out opportunity of shares of Mondee common stock, contingent upon the achievement of specified annual adjusted EBITDA growth targets. With a 35-year operating history, Skypass enjoys a leading position in the international corporate travel sector. Its focus is directed toward providing travel services to sizable international consulting firms and SMBs. In addition to air travel and lodging, Skypass extends its services to encompass cruises, vacation packages, and humanitarian travel, catering to the personnel, associates, and the wider retail travel demographic. Following the successful acquisitions of Consolid, Orinter and Interep, Mondee is poised to strategically advance the distribution of Skypass's travel-related offerings. Skypass’s expansion may be facilitated through Mondee’s extensive network, which comprises over 65,000 travel experts and a membership of 125 million individuals within closed groups. Furthermore, the acquisition increases Mondee’s reach of local, regional and global content. Mondee's strategic approach involves harnessing its exclusive AI-Powered Travel Marketplace and cutting-edge technology. Simultaneously, the Company intends to introduce enhancements in services that may target Skypass’s clientele and generate additional revenue, including FinTech solutions and supplementary services. Moreover, Mondee is committed to streamlining expenditures across its global operational framework, with the aim of realizing substantial synergies in both top-line and bottom-line performance. Mondee’s Founder, Chairman, and CEO, Prasad Gundumogula, stated, “We are thrilled to extend a warm welcome to Victor Abraham, CEO of Skypass, and his experienced management team as valued members of the Mondee family and look forward to helping provide their customers with access to our AI-Powered Travel Marketplace, as well as additional products and services. We have every confidence they will continue to grow the business actively within their served markets. This acquisition underscores our commitment to diversifying our distribution to SMBs and international corporate accounts along with geographical expansion into India, Mexico, and LATAM.” Skypass’s CEO Victor Abraham, shared, “The entire Skypass team is excited to join the Mondee family and work towards unlocking the global growth potential of our combined offerings and capabilities. We look forward to leveraging Mondee's cutting-edge AI-Powered Marketplace and industry-leading expertise to enhance our customers' travel experiences. With our shared commitment to innovation and customer satisfaction, we are confident that together we can redefine the travel industry.” About Mondee Founded in 2011,Mondeeis a travel technology company and a modern travel marketplace based in Austin, Texas. The Company operates 17 offices across the United States and Canada and has core operations in India, Thailand, and Greece. Mondee is driving change in the leisure and corporate travel sectors through its broad array of innovative solutions. Available both as an app and through the web, the Company’s platform processes over 50 million daily searches and generates a substantial transactional volume annually. The Mondee Marketplace includes access to Abhi, the most powerful and only fully-integrated AI travel planning assistant in the market. Mondee’s network includes approximately 65,000 leisure travel advisors, freelancers and influencers, 500+ airlines, and over one million hotels and vacation rentals, 30K rental car pickup locations, 50+ cruise lines. The Company also offers packaged solutions and ancillary offerings that serve a global customer base.

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Hospitality Management

Sandman Hotel Group Announces the Opening of Sandman Signature Fort Worth Downtown Hotel

globenewswire | July 19, 2023

Sandman Hotel Group and its parent company, Northland Properties, are excited to announce that the new Sandman Signature Fort Worth Downtown Hotel is now open. Situated at 810 Houston St. in the century-old W.T. Waggoner Building, this opening marks the brand’s second Signature-branded hotel property in Texas. Originally constructed in 1920, this 20-story building was known for being the tallest in the State of Texas and the Southwest. The building is u-shaped on the upper floors and is one of the few buildings in Fort Worth to position light toward the front of the building and making it a design feature. It is part new-build and part carefully adapted reuse of some of the original 1920 design features, such as its historical exterior, ornate lobby entrance, vaulted towers, banking hall with teller cages, and its beautiful interior marble finishings. Dedicated to preserving this iconic building, the team at Sandman Hotel Group has designed this hotel to perfectly complement the city’s historical heritage and modern creative energy. Robert Sturns, Economic Development Director for the City of Fort Worth, says he is thrilled with Northland’s commitment to preserving the iconic building, “This project celebrates Fort Worth’s past while still supporting the current and future growth of downtown, and we look forward to the Sandman Signature Fort Worth Downtown Hotel as being part of our growing community.” Owned and operated by Sandman Hotel Group, Sandman Signature Fort Worth Downtown Hotel features 245 new, premium-style guest rooms complete with spa-inspired bathrooms and modern amenities, and a lively lobby bar to be enjoyed by hotel guests and the local community. Guests will find a modern fitness facility and multi-use meeting space on the mezzanine. Tom Gaglardi, CEO of Northland Properties, commented: “'The opening of Sandman Signature Fort Worth Downtown Hotel is an exciting addition to our portfolio and strengthens our growth in Texas. Fort Worth offers a vibrant downtown experience rich in culture, history, and southern hospitality. We are incredibly proud to be part of this community and delighted to welcome our hotel guests and local restaurant and bar visitors to enjoy a particularly special hospitality experience that encompasses the beautifully designed historical touchpoints of this iconic building." In addition to taking advantage of the hotel's Signature branded perks, guests can enjoy a first-class onsite dining experience on the lower ground floor at the famed Musume Restaurant. Owned by Dallas's Rock Libations Restaurant Group, Musume offers contemporary Asian cuisine and world-class sushi. The restaurant also features the country's most extensive premium sake program with over 120 selections and the largest Japanese Whiskey selection in the Dallas/Fort Worth area. "We're so excited to partner with a prestigious hotel brand such as Sandman Signature. As a born and bred Texas & Dallas Fort Worth native, bringing Musume to Fort Worth means so much to me. Fort Worth has transformed into such a lively city while keeping its southern roots. I think Musume will be a great addition to the vibrant downtown area," said Joshua Babb, Co-Founder, Rock Libations Restaurant Group. The newest Sandman Signature location offers guests close proximity to some of the city’s most vibrant downtown neighborhoods. Districts such as Sundance Square, Cultural District, and Fort Worth’s historical Stockyards provide fun, culture, ample shopping, and art galleries, with a wide variety of unique dining and entertainment options. Meanwhile, corporate guests will be able to take advantage of being only a block away from Fort Worth Convention Center. Sandman Signature Fort Worth Downtown Hotel is truly a one-of-a-kind, and our team of dedicated hospitality professionals invites you to be the first to experience this unique guest experience with our Opening Celebration Rate: Stay between now – September 4, 2023, and save up to 50% off the Standard Rate with our Opening Celebration Offer. Book your reservation now at sandmanhotels.com or call 1-800-SANDMAN. Remember to sign up to RSVP Rewards to begin earning points toward free hotel stays as well as other perks. About Sandman Hotel Group Sandman Hotel Group is a collection of economy, midscale, and premium hotel brands found in 5 countries worldwide. It is owned and operated by Northland Properties Corporation - the force behind well-known brands such as The Sutton Place Hotels, Denny's Canada, Moxies, Chop Steakhouse & Bar, Shark Club, Revelstoke Mountain Resort, Grouse Mountain Resort, Dallas Stars NHL Team, and Northland Asset Management Company.

Read More

Hospitality Trends

NuZee Subsidiary Dripkit Coffee Partners with The Junto Hotel for Ohio State-Themed In-Room Coffee Solution

prnewswire | August 22, 2023

Dripkit Coffee, a leading single-serve pour over solution for a variety of roasters and wholly owned subsidiary of NuZee Inc. (Nasdaq: NUZE), is teaming up with new Columbus, Ohio hotel, The Junto, to launch an in-room coffee solution honoring Ohio State's 1926 homecoming queen, Maudine, the Holstein cow. In 1727, Benjamin Franklin — you may have heard of him — founded a "club for mutual improvement," which he styled The Junto. Ben's club brought together people from diverse backgrounds to discuss issues and ideas of the time. The Junto hotel is a modern-day embodiment of this idea. With an emphasis on public gathering spaces, the hotel gives visitors, locals, entrepreneurs, and artists alike a place to come together, exchange ideas, and inspire one another. In designing the packets for this collaboration, The Junto and Dripkit teams drew inspiration from the hotel's breakfast and coffee shop, Maudine's. In 1926, when Rosalind Morrison won the distinction of Ohio State University Homecoming Queen and learned that she had received more votes than there were students at the school, she passed her crown to the runner-up, Maudine Ormsby. An esteemed member of the university's dairy herd, known for her award-winning milk production, Maudine was officially declared Queen. The black and white cow print Dripkits featuring a small yellow crown can be found in all 198 rooms of the hotel for guests that need a pick-me-up before heading down to Maudine's for breakfast, visiting the hotel's two restaurants or walkup food window, meeting in the multiple event spaces, or hitting one of the many amenities including a gym, patio, working spaces, and "Gear Garage," where hotel guests can borrow bicycles, kayaks, paddleboards, instant cameras, backpacks, and GoPro video cameras. Founded in 2017 by Ilana Kruger, Dripkit offers single serve pour over coffee formats on a large scale to combine convenience and quality. Dripkits produce a 10oz cup of coffee using 17g of roasted and ground coffee without the prep or cleanup of a traditional pour over. The just-add-water format enables hotel guests and visitors to brew the perfect cup of coffee in two minutes and enjoy freshly roasted specialty coffee on-the-go, sans equipment, and without the mess. The Junto joins an esteemed line of Dripkit hospitality partners, which include Kayak and Autocamp. Dripkit Coffee is a business division of the NuZee (NASDAQ: NUZE) brand portfolio. To learn more, please visit https://dripkit.coffee. About The Junto The Junto is an independent hotel developed by Columbus-based Rockbridge, under the company's Makeready division. This is Makeready's first Columbus hotel, following hotels in Savannah, Charleston, Nashville, Denver and Dallas. The company is planning a second hotel in the Merchant Building underway next to the North Market. About Dripkit Dripkit offers a large-size single serve pour over format that delivers what it believes to be a barista-quality coffee experience to coffee drinkers in the United States. The brand has combined its focus on convenience and quality, as well as a goal of using first-rate, ethically sourced coffee beans, to become a leader in the single serve coffee category. About NuZee Coffee NuZee, Inc., (NASDAQ: NUZE), is a leading co-packing company for single serve coffee formats that partners with companies of all sizes to help them develop within the single serve and private label coffee category. Providing innovative and eco-conscious solutions with the flexibility and capacity for both small roasters and large global brands, NuZee is revolutionizing the way single serve coffee is enjoyed in the United States. Through the brand's unique process, NuZee fulfills every aspect of co-packing needs, from roasting and blending, to packing and packaging. NuZee has production facilities in the United States and Korea.

Read More

Business Travel

Mondee Acquires Skypass, a leading Travel Marketplace, bringing AI to SMEs

globenewswire | August 17, 2023

Mondee Holdings, Inc. the high-growth, travel technology company and marketplace, with a portfolio of globally recognized platforms in the leisure and corporate travel sectors, today announced the acquisition of Skypass Travel, Inc. (“Skypass”), a global full-service retail and wholesale provider of corporate, leisure, and humanitarian travel, based in the Dallas, Texas area. The acquisition of Skypass supports Mondee's ongoing expansion and diversification endeavors, encompassing markets that serve both personnel and affiliates from international corporations, small and midsize businesses (SMBs), as well as humanitarian organizations. Skypass maintains domestic offices in the Dallas, Texas area and Austin, Texas. Furthermore, it boasts a global footprint through its international offices located in Latin America (LATAM), Mexico, Canada, and India. Skypass achieved a gross revenue of $45 million and adjusted EBITDA of $4 million, representing a margin on net revenue of approximately 60%, in 2022. At closing, Mondee paid a consideration of approximately $15 million, comprised of cash and Mondee common stock priced at $10 per share. Additionally, the agreement allows for a potential future earn-out opportunity of shares of Mondee common stock, contingent upon the achievement of specified annual adjusted EBITDA growth targets. With a 35-year operating history, Skypass enjoys a leading position in the international corporate travel sector. Its focus is directed toward providing travel services to sizable international consulting firms and SMBs. In addition to air travel and lodging, Skypass extends its services to encompass cruises, vacation packages, and humanitarian travel, catering to the personnel, associates, and the wider retail travel demographic. Following the successful acquisitions of Consolid, Orinter and Interep, Mondee is poised to strategically advance the distribution of Skypass's travel-related offerings. Skypass’s expansion may be facilitated through Mondee’s extensive network, which comprises over 65,000 travel experts and a membership of 125 million individuals within closed groups. Furthermore, the acquisition increases Mondee’s reach of local, regional and global content. Mondee's strategic approach involves harnessing its exclusive AI-Powered Travel Marketplace and cutting-edge technology. Simultaneously, the Company intends to introduce enhancements in services that may target Skypass’s clientele and generate additional revenue, including FinTech solutions and supplementary services. Moreover, Mondee is committed to streamlining expenditures across its global operational framework, with the aim of realizing substantial synergies in both top-line and bottom-line performance. Mondee’s Founder, Chairman, and CEO, Prasad Gundumogula, stated, “We are thrilled to extend a warm welcome to Victor Abraham, CEO of Skypass, and his experienced management team as valued members of the Mondee family and look forward to helping provide their customers with access to our AI-Powered Travel Marketplace, as well as additional products and services. We have every confidence they will continue to grow the business actively within their served markets. This acquisition underscores our commitment to diversifying our distribution to SMBs and international corporate accounts along with geographical expansion into India, Mexico, and LATAM.” Skypass’s CEO Victor Abraham, shared, “The entire Skypass team is excited to join the Mondee family and work towards unlocking the global growth potential of our combined offerings and capabilities. We look forward to leveraging Mondee's cutting-edge AI-Powered Marketplace and industry-leading expertise to enhance our customers' travel experiences. With our shared commitment to innovation and customer satisfaction, we are confident that together we can redefine the travel industry.” About Mondee Founded in 2011,Mondeeis a travel technology company and a modern travel marketplace based in Austin, Texas. The Company operates 17 offices across the United States and Canada and has core operations in India, Thailand, and Greece. Mondee is driving change in the leisure and corporate travel sectors through its broad array of innovative solutions. Available both as an app and through the web, the Company’s platform processes over 50 million daily searches and generates a substantial transactional volume annually. The Mondee Marketplace includes access to Abhi, the most powerful and only fully-integrated AI travel planning assistant in the market. Mondee’s network includes approximately 65,000 leisure travel advisors, freelancers and influencers, 500+ airlines, and over one million hotels and vacation rentals, 30K rental car pickup locations, 50+ cruise lines. The Company also offers packaged solutions and ancillary offerings that serve a global customer base.

Read More

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