Puerto Rico Chosen for WTTC 2020 Global Summit

TravelPulse | April 08, 2019

Puerto Rico will host the World Travel and Tourism Council’s (WTTC) 2020 Global Summit in 2020.The WTTC Global Summit is said to be one of the most important events in travel and tourism. WTTC announced Puerto Rico as the 2020 Global Summit destination at the closing ceremony of the 2019 Summit in Seville, Spain. President & CEO of WTTC Gloria Guevara Manzo said, “We are delighted to bring next year’s Global Summit to the beautiful tropical Caribbean island of Puerto Rico, a welcoming and diverse destination which not only offers visitors glorious beaches, but it is also home to the only tropical rainforest in the U.S.”

Spotlight

As the quest for travel program compliance and savings remains the focus at many companies, travel executives reported that quarterly, if not monthly reporting to senior management, chief financial officers, and business unit budget owners has become more important in the past year, according to results of a new survey conducted by The BTN Group and American Express Global Business Travel.

Spotlight

As the quest for travel program compliance and savings remains the focus at many companies, travel executives reported that quarterly, if not monthly reporting to senior management, chief financial officers, and business unit budget owners has become more important in the past year, according to results of a new survey conducted by The BTN Group and American Express Global Business Travel.

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EButler and Eddy Travels Launch A New Travel Service, In Time For The Summer Vacations

EButler, Eddy Travels | May 04, 2021

Arranging the principal post-pandemic excursion has recently got a ton simpler for the inhabitants of Qatar, as EButler today dispatched another organization with Eddy Travels man-made brainpower (AI) travel associate. In a basic talk, the completely mechanized AI aide is accessible every minute of every day to help EButler's clients look for the best aircraft and inn bargains globally. EButler, a mainstream online attendant stage in Qatar, interfaces clients to many the best specialist organizations covering each part of their lives. Beginning today, EButler's individuals can look for the best flight and inn offers by talking with an AI travel colleague created by Eddy Travels, consistently incorporated into Ebutler portable applications. "At EButler, we will likely make an unbelievably advantageous encounter for our clients each time they need something in their life. As we endeavor to increase present expectations, we are continually searching for top-notch organizations. We are incredibly eager to collaborate with Eddy Travels, who offers a novel encounter not found elsewhere on the planet," noted Omar Ashour, Co-Founder, and CEO at EButler. "We are pleased to dispatch a weighty association with EButler, the first in Qatar for Eddy Travels. EButler's team accomplished astounding work coordinating the Eddy Travels AI associate into their application. Therefore, Qatari explorers can begin arranging their next merited occasions by communicating something specific," said Edmundas Balikonis, Co-Founder and CEO at Eddy Travels. EButler's application is accessible on Android or iOS gadgets. Inside the application, individuals will track down another "Travel" class that will open a talk window with the Eddy Travels AI associate. Clients simply need to send an instant message to the advanced travel associate, and it will begin looking for flights or convenience. Housing alternatives are given in association with Booking.com, the world's most extensive inn booking framework. The new association project is upheld by Kiwi.com, the imaginative travel-tech organization, which controls more than 100 million inquiries consistently. "EButler and Eddy Travel teams worked effectively assembling the AI-controlled travel arranging administration that is advantageous and enjoyable to utilize. We are pleased to be suppliers of flight and ground transportation stock, including Virtual Interlining. Together we'll make it simple for the Qatar explorers to consistently track down their ideal agenda, at the most minimal cost." Oliver Dlouhy, CEO, and Co-originator at Kiwi

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Travelport and Ad Hoc Lender Group Steering Committee Reach Agreement

Travelport | September 17, 2020

Travelport Worldwide Limited ("Travelport" or the "Company"), a leading travel technology company, today announced that it has reached an agreement with the Steering Committee of the Ad Hoc Group of Lenders (the "Ad Hoc Group") to effectuate certain financing open market purchase and exchange transactions, pursuant to which, among other things, the Company's existing lenders will provide $500 million in new funding to the Company and the parties will release all related litigation and claims against one another. The financing open market purchase and exchange transactions will be open to all lenders on a pro rata basis. The transactions are expected to close by September 24, 2020, and have been backstopped by certain members of the Ad Hoc Group and affiliates of the Company's existing equity owners, Siris Capital Group, LLC ("Siris") and Evergreen Coast Capital Corp. ("Evergreen"), the private equity affiliate of Elliott Management Corporation ("Elliott").

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FCM Transforms its Brand Identity by Developing New Tech Platform

FCM Travel Solutions | March 10, 2021

With the worldwide pandemic causing a seismic shift in the business travel industry, FCM has focused on it to address clients' problem areas and their travel programs by putting resources into new technology, rapid implementation, enhanced account management, and sustainable and secure travel. FCM's strong new look is intended to grandstand the brands' particularly adaptable and unpredictable way to deal with giving lithe travel management services to its clients internationally and locally. The start to finish rebrand has been dispatched in 97 nations across all sites, customer communications, and social media platforms. A core component of the declaration is that FCM is moving forward with the advancement of a notable exclusive technology that straightforwardly focuses on clients' trouble spots with current and heritage corporate travel technology. The in-house stage is an omnichannel offering that is being created following broad examination universally among clients to understand the various worries of their bookers, travelers, and managers. Discoveries of this exploration uncovered clients need a sweeping stage that is predictable across all business sectors, yet in addition completely adaptable with a positive client experience and straightforward UI. FCM’s global chief technology officer Adrian Lopez said the vision for the platform is based on addressing six key pillars: a globally consistent booking experience; always available travel assistance; traveller safety and wellbeing support; sustainability; AI powered reporting and savings, and flexible integration capabilities. “The development of FCM Platform’s core experience is already well advanced, including a new proprietary online booking solution planned for key markets and integration of AI enhanced chatbot tool Sam as the digital ‘avatar’, providing live chat and real-time assistance across all of the platform’s channels,” said Lopez. With powered-up features like AI powered reporting, allowing a search experience similar to that of Google for actionability of data, customers in several regions around the globe have a lot to look forward to as they begin testing the FCM Platform prior to the first phase of onboarding later this year. “We are very excited to unveil FCM’s new brand and also to reveal that 2021 will be a landmark year with the launch of our ground-breaking proprietary technology platform,” said Marcus Eklund, global managing director in FCM.

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