SABRE ANNOUNCES NEW DEALS WITH TWO HOTEL GIANTS

Travel Weekly | January 29, 2020

In collaboration with Accor, Sabre intends to develop a new full-service property management capability and enrich its existing central reservation and limited-service property management systems. These capabilities will combine within a new unified cloud-native, “highly flexible” platform that both company’s said will be built for and available to hoteliers across all property classes and geographic regions.

Spotlight

China, the gateway to East Asia, is a fascinating country. It is an ancient civilization that gave the world Peking Man, gunpowder and noodles. Visitors making their first trip to China usually stick to the larger cities. More experienced visitors to the Middle Kingdom will strike out in other directions, where traveling may be a bit more frustrating because of the language barrier, but most definitely doable for independent travelers.

Spotlight

China, the gateway to East Asia, is a fascinating country. It is an ancient civilization that gave the world Peking Man, gunpowder and noodles. Visitors making their first trip to China usually stick to the larger cities. More experienced visitors to the Middle Kingdom will strike out in other directions, where traveling may be a bit more frustrating because of the language barrier, but most definitely doable for independent travelers.

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TRAVEL TECHNOLOGY

ConnexPay Raises $15M Funding to Propel Adoption of Payments Technology

ConnexPay | December 03, 2020

ConnexPay, an payment technology company that empowers marketplace businesses to gather and protect shopper reserves while mechanizing the appropriation of installments to providers has made sure about extra subsidizing from existing speculators and from new financial specialist F-Prime Capital, the worldwide funding firm associated with FMR LLC, the parent organization of Fidelity Investments. The speculation carries complete subsidizing to $15M, which will be utilized to quicken development, increment item contributions for the movement business and extend in different areas that have seen exceptional development in online business exchanges. ConnexPay's technology is trusted via airline consolidators, tour operators and online travel agencies to control a huge number of exchanges. While the stage was at first centered around comprehending long-standing, acute payment-related difficulties experienced in the travel industry, the organization's technology additionally has applications for non-travel e-commerce intermediaries and different marketplaces.

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TRAVEL TECHNOLOGY

MakeMyTrip Limited Announces Partnership with Leading AI-Enabled Travel Booking App Hopper

MakeMyTrip | October 18, 2021

MakeMyTrip Limited, India’s leading online travel company, today announced its partnership with Hopper, one of the top travel booking apps for flights, hotels and car rentals, to help travelers save money with personalized recommendations and flexible booking capabilities. Through this partnership, MakeMyTrip aims to further enhance the flight booking experience by boosting its recently launched Price Lock feature. Hopper's Price Freeze technology will power MakeMyTrip’s Price Lock feature and enable customers to lock in flight fares for up to seven days while they are in the process of firming up their travel plans. Since its launch this year, the feature has seen increased adoption amongst flyers as the need for flexible travel has risen sharply post-pandemic. As travel bounces back, the company hopes to see travelers across India actively opting for and benefitting from Price Lock feature. By partnering with Hopper, MakeMyTrip plans to leverage its Price Freeze technology that has proven to drive conversions and increase revenue while offering transparency and flexibility to its customers. “Flexibility is the future of travel – it is how we want to build back demand and put consumer confidence back in booking travel freely, just as they did before the pandemic. As we double down in our efforts to enrich the flight booking experience on the MakeMyTrip platform, we are partnering with Hopper to make use of its innovative technology and pass on the benefits of smart and prudent flight booking to travelers. We are thrilled to extend valuable benefits and bring home best global practices of predictive pricing through Hopper’s data-driven capabilities and AI-rich airfare forecasting tools for our customers.” Rajesh Magow, Co-founder & Group CEO, MakeMyTrip Expressing excitement at joining hands with MakeMyTrip, Frederic Lalonde, CEO and Co-Founder of Hopper, said, “Consumer expectations have changed over the past year and a half, and flexibility is a make-it or break-it factor for travelers. Hopper’s Price Freeze technology will empower MakeMyTrip customers to plan and book their trips with peace-of-mind. As travel continues to rebound, and even enters a travel supercycle, Hopper Cloud is providing the fintech solutions that drive conversions and revenue.” With the addition of Hopper’s predictive algorithms and AI-enabled dynamic pricing tools, MakeMyTrip will be able to protect travelers against airfare volatility. By offering an opportunity for users to lock in low fares before they rise, Hopper's Price Freeze algorithms also help solve one of the major dilemmas of travelers – when is the best time to book my trip? Hopper is powering this partnership as part of its B2B initiative, Hopper Cloud. About MakeMyTrip: MakeMyTrip Limited is India's leading online travel company. We own and operate well-recognized online brands, including MakeMyTrip, Goibibo and redBus. Through our primary websites, www.makemytrip.com, www.goibibo.com, www.redbus.in, and mobile platforms, travellers can research, plan and book a wide range of travel services and products in India as well as overseas. Our services and products include air ticketing, hotel and alternative accommodations bookings, holiday planning and packaging, rail ticketing, bus ticketing, car hire and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing. About Hopper: Hopper is the world’s fastest-growing mobile-first travel marketplace. By leveraging massive amounts of data and machine learning, the company has developed several unique fintech solutions that help customers save money and travel better. Through its B2B initiative, Hopper Cloud, the company is syndicating its fintech solutions, infrastructure, and agency content. Whether it’s pricing volatility or trip disruptions, Hopper’s proprietary suite of fintech solutions address every pain point in the customer journey while driving conversion, repeat purchases, and profitability.

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HOSPITALITY TRENDS

Ski Season’s Greetings! MCR Acquires Stoweflake Mountain Resort & Spa in Stowe, Vermont

MCR | January 03, 2022

Walking in a winter wonderland! MCR — the country’s 4th-largest hotel owner-operator — has acquired the 117-room Stoweflake Mountain Resort & Spa in Stowe, Vermont. Just downslope from Mount Mansfield, Vermont’s highest peak, Stoweflake Mountain Resort & Spa is your home base for four seasons of outdoor adventure. Come for the mountain biking, leaf-peeping, hiking and snowshoeing; stay for the spacious guestrooms (with fireplaces!), 50,000-square-foot spa, two pools and outdoor jacuzzi. Want to link up with friends and family? We’ve got a nine-hole golf course and 32 townhomes, too! Before catching the lifts at Stowe Mountain Resort this winter, carb up with a hearty breakfast at Charlie B’s, our on-site restaurant and pub serving a delicious buffet of eggs, home fries and oatmeal. We’ll be waiting for you at dinnertime with steaming French onion soup and lemon pepper-crusted salmon. Not a snow bunny? At Stoweflake, it’s always a spa day! The world-class spa offers 120 therapeutic treatments in 30 rooms plus a fully equipped salon. The true highlight is the Aqua Solarium, a 12-foot Hungarian mineral soaking pool with a cascading waterfall inspired by the area’s famous Bingham Falls! Get moving again at the sports and wellness center, which has Cybex fitness equipment, spinning and Pilates studios, tennis courts and a racquetball/squash court! Schedule a class with an instructor or splash in the indoor and outdoor pools (with a bubbling jacuzzi). With so much to do on the grounds, Stoweflake is the perfect place for an event. Gather your guests for a conference, wedding or family reunion — we have 25,000 square feet of meeting space in 17 rooms and outdoor terrain bordered by the Green Mountains. If you need more space than the resort’s guestrooms, opt for one of our 32 townhomes, each equipped with a full kitchen and private deck for cocoa-sipping and stargazing. Stoweflake’s location means off-property outings couldn’t be more convenient. Visit the Von Trapp family home (yes, the real-life Sound of Music clan, who settled in Stowe after leaving Germany!) or Alchemist Brewery. Take a short drive into town, where 80 boutiques, country stores and galleries — all twinkling with holiday lights — await. Stoweflake Mountain Resort & Spa is located at 1746 Mountain Road and features: 117 guestrooms and suites 32 one-, two- or three-bedroom townhome rentals A 50,000-square-foot spa and sports center with a waterfall and meditative garden Two tennis courts A racquetball and squash court An executive nine-hole, par-3 golf course Indoor and outdoor pools with a jacuzzi A 25,000-square-foot conference center with 17 meeting rooms Charlie B’s Restaurant & Pub Fast Wi-Fi On-site parking Reserve rooms by phone at (802) 253-2322 or online at stoweflake.com. About MCR 4th-largest hotel owner-operator in the United States $4.0 billion portfolio of 140 premium-branded hotels MCR operates 8 Marriott brands, 6 Hilton brands and a number of unflagged independent hotels 20,000 guestrooms across 37 states and 100 cities Founded in 2006 Offices in New York City, Dallas, Chicago and Richmond, Virginia 4,000 team members across the country Three-time recipient of the Marriott Partnership Circle Award, the highest honor Marriott presents to its owner and franchise partners Recipient of the Hilton Legacy Award for Top Performer For the TWA Hotel at New York’s JFK Airport, MCR won the Development of the Year (Full Service) Award at The Americas Lodging Investment Summit (ALIS), the Urban Land Institute New York Excellence in Hotel Development Award and the American Institute of Architects national Architecture Award, the highest honor given by the AIA Named one of Fast Company’s 10 Most Innovative Travel Companies of 2020 For more information, please visit mcrhotels.com

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