TRAVEL TECHNOLOGY

Tripadvisor Collaborates with Audible for the Ultimate Travel Audio Entertainment

Tripadvisor | September 14, 2021

As we are in the midst of travel planning or embarking on a long awaited adventure, Tripadvisor®, the world's largest travel guidance platform*, announced a collaboration with Audible, the leading creator and provider of premium audio storytelling. Together, the collaboration creates the ultimate travel content. Travelers will enjoy Audible's unmatched library of exclusive Originals, audiobooks and podcasts, and "Trip Playlists" created by Tripadvisor Plus that deliver people-powered travel guidance. From inspiring your budding bookworm with spots Tripadvisor travelers love visiting, highlighting international locations, spotlighting boundary-breaking travelers who will inspire you, and celebrating the best of what to see, shop and eat & drink in New York City.

Collaboration Details & Benefits
Now through November, this collaboration makes it easy for travelers to bring their favorite audio playlists with them during their next trip with just a few taps on their mobile device. No more heavy suitcases or cramming books into your carry-on!
  • All U.S. Audible members and current free trial users: $30 off a year of Tripadvisor Plus*
  • Tripadvisor Plus members: 90-day free trial to Audible Plus
  • All Tripadvisor members: 30-day free trial to Audible Premium Plus

"We're thrilled to collaborate with Audible to expand our Tripadvisor Plus member benefits outside of the traditional travel experience, which perfectly aligns with guiding and inspiring our travelers on the go. The ability to unlock unlimited access to thousands of audiobooks and special Audible-curated audio playlists is ideal for all vacation types - whether you're looking for great entertainment to accompany you through the great outdoors or the Big Apple," said Lindsay Nelson, chief brand and experience officer for Tripadvisor.

"Tripadvisor guides travelers to find the perfect getaway and Audible is the destination for people who love quality audio storytelling, so together they're the ideal travel companion. We're so excited to offer Tripadvisor members the opportunity to pair their journeys with stories from some of the best creators and performers in the world drawn from the Audible collection of premium audio originals, audiobooks, and podcasts on their next road trip or plane ride," said Jane Winston, Director, Business Development at Audible.

About Tripadvisor
Tripadvisor, the world's largest travel guidance platform*, helps hundreds of millions of people each month** become better travelers, from planning to booking to taking a trip. Tripadvisor makes planning easy no matter the trip type. The subsidiaries of Tripadvisor, Inc., own and operate a portfolio of online travel brands and businesses.

Spotlight

Bangkok, with a population of over 9 million inhabitants, is one of the biggest cities in the world. Its heavy traffic congestion, intense heat and naughty nightlife do not immediately give visitors a warm welcome. But first impressions can be misleading. It is one of Asia’s most cosmopolitan cities with magnificent temples and palaces, extensive canals, a vibrant nightlife and great shopping, that has something for every traveler.

Spotlight

Bangkok, with a population of over 9 million inhabitants, is one of the biggest cities in the world. Its heavy traffic congestion, intense heat and naughty nightlife do not immediately give visitors a warm welcome. But first impressions can be misleading. It is one of Asia’s most cosmopolitan cities with magnificent temples and palaces, extensive canals, a vibrant nightlife and great shopping, that has something for every traveler.

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TRAVEL TECHNOLOGY, INDUSTRY OUTLOOK

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Airlines Reporting Corp. (ARC) and ForwardKeys | September 21, 2022

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TRAVEL TECHNOLOGY, HOSPITALITY TRENDS

Optii Solutions Launches New Learning Center Experience

Optii Solutions | October 27, 2022

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DESTINATION AND TOURISM

Taconic Capital Advisors and HEI Hotels & Resorts Jointly Acquire Hyatt Regency Jersey City

Taconic Capital Advisors LP and HEI Hotels & Resorts | December 05, 2022

Taconic Capital Advisors LP (“Taconic”) and HEI Hotels & Resorts (“HEI”), announced that they have jointly acquired Hyatt Regency Jersey City from affiliates of Hyatt Hotels Corporation (NYSE: H) and Veris Residential Inc. (NYSE: VRE). The property is a full-service, 351-key hotel located adjacent to Exchange Place situated on a pier extending over the Hudson River in Jersey City, NJ.In conjunction with the purchase, Taconic and HEI were successful in assuming a $100 million fixed-rate CMBS mortgage with ample remaining term. The hotel was completed in 2002 and more than $15 million in subsequent upgrades have been performed since 2010. Major enhancements to the guestrooms, food and beverage outlets and event spaces are expected to commence under the new ownership. Hyatt Regency Jersey City occupies fee simple real estate with unmatched and undisturbed views of the Manhattan Skyline. The property features well-appointed guestrooms, a state-of-the-art gym and indoor heated pool, a restaurant and lounge and 20,000 square feet of meeting space that has long served as a popular venue for corporate retreats, weddings, and social gatherings. The hotel is centrally positioned amongst 28 million SF of office space within a one-mile radius and is conveniently located near world-famous attractions, including the Statue of Liberty, Ellis Island, One World Trade and the 9/11 Memorial. “We are pleased to further our partnership with HEI and begin an exciting relationship with Hyatt. Hyatt Regency Jersey City was a compelling opportunity to acquire a world-class hotel with a strong segmentation mix and a diverse set of revenue contributors, The highly accretive assumable financing allowed us to continue our thesis for well-located urban, upscale hotels in an otherwise prohibitive financing environment.” -Andrew Lam, a Director in Taconic Capital Advisors’ Commercial Real Estate Group Hyatt Regency Jersey City is a wonderful property with a rich legacy that has greatly benefitted from Jersey City’s rapidly expanding corporate base as well as the revitalization of Hudson Yards and Lower Manhattan, said Clark Hanrattie, Partner at HEI. We are proud to team with Taconic on this important transaction and we are looking forward to making the hotel the very best it can be. The joint acquisition of Hyatt Regency Jersey City follows Taconic and HEI’s March 2022 purchase of the Westchester Marriott in Tarrytown, NY, a 15-acre property that offers 444 guestrooms and 21 event rooms for a total of 26,700 SF of conference and meeting space, including a 9,000 SF ballroom. Over the past two years, Taconic has been involved in hotel transactions throughout the capital structure, spanning over 20 properties totaling more than 5,000 keys. About Taconic Capital Advisors Taconic Capital Advisors (“Taconic”) is a global institutional investment firm that pursues an event-driven, multi-strategy investment approach designed to generate strong, risk-adjusted returns over multiple market cycles. Taconic was founded in 1999 by former Goldman Sachs partners Frank Brosens and Ken Brody. The firm has approximately $8 billion of total assets under management with offices in New York, London and Hong Kong and more than 100 employees worldwide. Taconic’s full-service commercial real estate platform invests in all asset classes and across the capital structure in both public and private markets. The strategy’s brand mandate offers flexibility to capitalize on shifting market opportunities, creating uncorrelated risk-adjusted return profiles for investors. Rooted in distressed and opportunistic investing, the team applies high-touch asset management capabilities to drive strong asset-level performance and capital market executions. Well-established relationships drive Taconic’s unique and diverse transaction sourcing channels which include local operating partners, investor partners, and a broad network of lenders, CMBC special servicers, trading desks, and brokerage houses. Taconic’s series of closed-ended real estate funds are fully discretionary and have received over $1 billion in capital commitments. Investments to date across all Taconic funds total over $3 billion of gross asset value across approximately 175 distinct transactions. About HEI Hotels & Resorts Founded in 1985, HEI is an established expert on Luxury, Upper-Upscale, and Upscale hotels in Urban, Super-Suburban, and destination Resort locations across branded, soft-branded and independent lifestyle categories. The company’s portfolio currently includes 90-plus assets, representing more than 28,000 keys across approximately 30 different capital partners. HEI continues to be one of the most active investors in, and managers of, institutional-quality hotel assets across the US.

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