AIRLINES AND AIRPORTS
Raleigh-Durham Airport Authority | August 10, 2021
Corporate business travel on airlines is expected to shrink by as much as 19 percent, and that decline could become permanent, an analysis from Raleigh-headquartered Beroe, Inc. found.
“When travel restrictions were imposed worldwide, businesses replaced direct meetings with virtual ones to contain the pandemic’s spread. Many businesses adapted to virtual meetings and have realized that not all meetings must be in-person. Businesses have also realized huge cost savings on air travel spend,” said Anusree Mohan, senior analyst at Beroe, in a statement. “In the future, airline travel will be a more mindful and thought-out way of traveling, allowing employees to have a better life balance and employers to have a better return on investment.”
Prior to the onset of the global coronavirus pandemic, business travelers represented about half of airline revenue, or about 1.7% of total global GDP, according to Beroe.
But with businesses seeking cost-saving measures, and integrating virtual meeting tools to conduct meetings, Beroe analysts are predicting short- and long-term effects on air travel.
“Businesses have suffered around the world in this pandemic. Thus, cost-cutting will remain their prime focus at least for the coming few years. And this will mean fewer corporate air travels,” said Anusree Mohan, Senior Analyst at Beroe. “Employee travel rate will decrease as corporate customers will remain concerned about health and safety.”
At Raleigh-Durham Airport (RDU), air traffic consisted of about 50% leisure and 50% business travel, spokesperson Stephanie Hawco told WRAL TechWire.
“The leisure market is recovering faster than the business market,” said Hawco. “Our current mix is about 65% leisure and 35% business.”
At the onset of the global coronavirus pandemic, and soon after, a dramatic reduction in air travel occurred at RDU, Hawco told WRAL TechWire in March. Compared to 2019, when about 14 million passengers traveled through the airport, 5 million traveled through the airport in 2020, Hawco noted.
Air travel through RDU is steadily increasing, Hawco said. The latest available data, from June 2021, released by the Raleigh-Durham Airport Authority, showed that June travel set a new passenger traffic peak since the onset of the pandemic in 2020.
The airport saw more than 887,000 guests pass through the airport in June, nearly a 15 percent increase over May traffic levels.
Jurny, Inc. | October 04, 2021
Jurny, Inc., the hospitality tech company powering operations and modern guest experiences for some of the world's most exceptional independent hotel brands, vacation and short-term rental (STR) properties, announced it raised an additional $9.5M in capital, in a round led by Mucker Capital. In part, the funds are being utilized to accelerate the global expansion of its latest product offering, Jurny Virtual.
The new offering provides a simplified, fully-connected tech stack by seamlessly integrating and connecting most major channel management (CMS), point of sale (POS), room management (RMS), facility management (FMS), marketing and smart home tech solutions in one, easy-to-navigate operator dashboard.
"Our mission is to help small- to medium-sized operators and hotel owners access a premium ecosystem that offers the benefit of economies of scale, not yet available to even some of the world's largest hotel chains, Jurny Virtual is revolutionizing the industry by providing a premier service at a much lower cost, including time, without requiring an upfront investment."
said Luca Zambello, Co-Founder and CEO at Jurny
"Operators using Jurny's best-in-class tech are seeing, on average, a 20% increase in revenue, 50% decrease in overhead costs and 2x net operating income (NOI) within the first 30 days of implementation," said Erik Rannala, Co-Founder and Managing Partner at Mucker Capital. "These numbers are unmatched in the industry and illustrate that Jurny and its customers are positioned to dominate the global hotel, short-term and vacation rental management market."
Jurny Virtual provides hotel owners and property managers with a comprehensive solution to automate and streamline operations. In addition to the tech stack, Jurny provides additional services like 24/7 inquiry support and virtual concierge, access control, guest screening, review management, accounting and more - all easily accessible for owners in a single location to manage their entire operations.
"The unpredictable global events that unfolded over the past 18 months have undoubtedly changed the travel landscape forever, leaving in its wake an unprecedented number of property owners and operators struggling to recover losses and grappling with the complexities of change in the marketplace," said David Phillips, Co-Founder and President at Jurny. "Designed to help independent lodging operators and management companies navigate the shifting market demands, Jurny Virtual provides a single, affordable and easy-to-implement solution for the tools and technology required to compete and thrive in today's rapidly evolving environment."
The Jurny management team is composed of hospitality industry veterans and tech insiders, including former executives of Melia Hotels International, Eurostars Hotels, The Chateau Marmont Hotel and Galeno Group. Its investment team and board of advisors include former senior management from eBay, Intel Corp., Sun Microsystems, Mattel and TripAdvisor. Jurny is headquartered in Los Angeles, with offices around the world.
The company's vertically integrated model is designed to address redundancies, reduce overhead and increase profits for stakeholders. In the past year, Jurny has more than doubled the number of units under its platform with a growing presence in major cities across the globe.
Jurny is a hospitality tech company founded for operators, by operators. The company offers SaaS and hardware solutions for hotel owners and property managers designed to accommodate the modern traveler. From design to implementation, Jurny's one-stop solution enables an industry-first true automated experience from check-in to check-out for both guests and hosts, resulting in flawless operations and increased profits. Jurny is pioneering the next generation of tech-first, on-demand hospitality.
Atlas Ocean Voyages | September 21, 2020
Due to the popularity of its innovative and unique new all-inclusive MAX SHORE experiences, Atlas Ocean Voyages today unveiled two new luxe-adventure itineraries, which feature included, immersive and complimentary "vacations-within-vacations." Discerning and experienced travelers can choose World Navigator's two new 24-night MAX SHORE itineraries, departing August 4, 2021, from Odessa, Ukraine, to the Black, Aegean and Eastern Mediterranean Seas' smallest, authentic and enchanting destinations. Guests will call at 19 ports in seven countries, and choose one of two complimentary three-night, inland expeditions, mid-voyage, into the heart of the Anatolian peninsula, the historic crossroads of Europe and Asia. In keeping with Atlas' All Inclusive All the Way style, all guests enjoy included air and land transportation, hotels, meals and beverages are also included on MAX SHORE voyages aboard World Navigator, the line's newly constructed and small, expedition ship, launching in July 2021.