MyHotels | October 01, 2021
MyHotels® announced it had received final approval from the Ministry of Hajj and Umrah in Saudi Arabia to serve as an official Umrah OTA. MyHotels® is a Saudi leading online travel agency revolutionizing the world of travel and tourism by using an integrated multi-service platform to enable customers to make international tourist reservations at premium prices. MyHotels® provides a wide variety of services, including accommodations (hotels, villas, apartments); transportation (air, bus, car, transfers, etc.); individualized package tours and vacation providers, and Umrah Services.
"We are happy and proud to receive this official designation, We have invested a lot and still investing in developing the infrastructure of the MyHotels® to deliver the fastest Umrah platform possible, and we expand our partnership in Umrah hotels reservations and the Umrah transportation reservation sectors and offering these discounts directly to our partners via our platform. This will be allowing our partners to avoid the stress of commissions targets and incentives policies, letting our partners focusing on their core business."
said Emad Alabbas, CEO of MyHotels®.
MyHotels® Umrah Packages
B2C Umrah: Issues an immediate electronic Umrah e-Visa for individuals allows them to enter Saudi Arabia. The package includes hotels in Makkah City and/or Madinah City, transportation, and ground services, including medical insurance from Saudi Umrah Operators.
B2B Umrah: Provides Umrah booking services to the Saudi Umrah Operators and their external agents by enabling them to book Makkah and Madinah hotels/accommodations, transportation/transfers and generating instantly a BRN ID so they can issue Umrah Visas for groups via access with Umrah Systems Services Center (MUKHA).
Founded in Saudi Arabia in January 2016, headquartered in Makkah, MyHotels® is an Online Travel Agency - OTA "worldwide travel services," accommodations reservations, and other travel-related services for both online and offline in both lines B2B and B2C clients. By leveraging positive relationships across the industry, MyHotels® can offer travel packages through affiliates and partnerships, giving customers direct pricing and significant savings from a wide variety of hotels, hotel apartments, villas and hostels. Covering more than 1,000,000 accommodations/properties across 80,000 destinations worldwide, MyHotels® is a recognized and trusted global travel brand.
Uplift | January 13, 2021
Uplift has finished another credit line of $68 million for its travel payments service.
Financing for the purchase currently pay-later brand was given by Atalaya Capital Management.
Travel is as of now returning, as per California-based Uplift, with the organization anticipating fast development amid pent-up demand for booking travel for the summer and autumn.
Uplift has now brought about $695 million up in value and obligation including a $250 million credit line in December 2019, which came ahead top of $123 million in subsidizing in January of the very year.
Uplift affirmed the new financing on LinkedIn and in a Crunchbase meet, with Brian Barth, CEO of Uplift saying the organization intends to move past travel in 2020.
Uplift hopes to surpass $1 billion in exchanges throughout the next 18 months.
Different organizations offering a comparative assistance including Fly Now Pay Later are likewise foreseeing the pent-up demand.
The London-based organization landed $47 million in Series A financing in May and is getting ready for a $135 million subsidizing bundle in the second half of 2021 as indicated by Jasper Dykes, its chief executive.
He adds that the Uplift credit line shows the proceeded with obligation to the area and says Fly Now Pay Later, which as of late launched its buyer beta in the U.S., has seen "ferocious appetite for the product."
The World Travel & Tourism Council | July 22, 2020
The World Travel & Tourism Council (WTTC) is warning that a return to country-wide border closures and blanket travel restrictions could derail the industry's recovery, stalling global economic growth. As a result, the organization is urging governments around the world to respond to spikes in COVID-19 cases with regional and local measures.
WTTC said it also supports the opening of city to city "air corridors" connecting global financial centers like London and New York that would jumpstart business travel. According to WTTC research, business travelers account for $1 in every $3 spent in New York and £1 out of every £4 spent in London.