Airlines Reporting Corp | August 20, 2020
Airlines Reporting Corp. (ARC) today released data showing that net sales from ARC-accredited travel agencies decreased 17% month-over-month from June to July 2020. This marks the first decrease in net sales month-over-month since May, and a 95% decrease year-over-year from July 2019. The consolidated dollar value of tickets transacted by agencies last month totaled $387 million, compared to $8 billion in July 2019.
FEATURES AND ADVICE
Klarna & Inspirock | October 25, 2021
Klarna, a leading global retail bank, payments and shopping service, is bringing its signature smoooth experience to the travel sector with the acquisition of Inspirock, an online trip planner that enables consumers to quickly and easily explore a destination's offerings and create personalized itineraries utilizing local expertise and artificial intelligence.
Over 25 million travelers a year use Inspirock to plan trips tailored to their interests or find inspiration on where to go and what to see. Klarna will integrate Inspirock's capabilities to allow Klarna's 90M users to plan and shop for a trip and pay for it in installments - all through the Klarna app. In addition, Klarna aims to save its customers hours of planning for the typical vacation by using Inspirock's technology.
By bringing Inspirock to Klarna, we are bringing the best of Klarna's smoooth customer experience to the travel sector. For customers, this makes the whole journey from inspiration to planning and preparing for a trip simpler, less stressful and more fun, while enabling our retail partners to better reach and engage with their audiences by offering more personalized content. It's a natural extension of the benefits Klarna brings to payments and shopping.
-Klarna CEO and Co-Founder, Sebastian Siemiatkowski
Inspirock's technology also enables Klarna to offer additional advertising and marketing opportunities to its growing network of over 250,000+ retail partners, helping them to reach high-intent shoppers with more curated and personalized content catered to their travel plans and preferences.
"We are excited to bring simpler, easier trip planning to Klarna's 90m global consumers. Our goal at Inspirock has been to make planning a trip fast, fun and easy. Together we can deliver on Klarna's ambitions of providing a smooth shopping experience to the travel space in an innovative way. Klarna and Inspirock together can bring great inspiration, tools and shopping experiences, making planning the trip as fun as the actual trip itself."
-Anoop Goyal, CEO and Co-Founder of Inspirock
Klarna's marketing solutions include Comparison Shopping, an AI-driven styling engine, a virtual shopping platform, and an influencer marketing and measurement platform. Together, these services will help consumers make informed decisions about purchasing the products they want from the retailers they love at the best price.
Travel is a huge global e-commerce market with strong predicted growth. 66% of global travel bookings are made online and this is expected to grow to 72% by 2025, creating a market worth a projected $833bn1. As Covid restrictions ease in many regions and travel plans are back in the calendar, Klarna research has shown that 21% of people put travel at the top of their list of categories they are going to splurge on in 20212.
We make shopping smooth. With Klarna consumers can buy now and pay later, so they can get what they love today. Klarna's offering to consumers and retailers include payments, social shopping, and personal finances. Over 250,000 retail partners, including H&M, IKEA, Expedia Group, Samsung, ASOS, Peloton, Abercrombie & Fitch, Nike and AliExpress have enabled Klarna's innovative shopping experience online and in-store. Klarna is one of the most highly valued private fintechs globally with a valuation of $45.6 billion. Klarna was founded in 2005, has over 4,000 employees and is active in 17 countries. For more information, visit klarna.com.
DESTINATION AND TOURISM
Cloudbeds, Riparide | September 21, 2021
Cloudbeds, the hospitality industry’s fastest-growing technology provider for independent properties worldwide, today announced a partnership with Riparide, the leading Australian outdoor adventure accommodation booking site. The collaboration provides hospitality owner-hosts access to distribute their unique accommodations to Riparide using the award-winning Cloudbeds Hospitality Platform.
“My property is unique and the distribution through Riparide provides me access to the perfect distribution platform reaching the kind of guests that appreciate the type of property we offer. With the connection to Cloudbeds, I can now have peace of mind knowing that all information seamlessly integrates between both my property system and Riparide,” says Monique Easton, Owner-Creators of The Eastern Thredbo Village.
During the pandemic, Riparide became popular with Australians seeking to get away from urban environments to enjoy the beauty of the vast Australian bush and stunning coastlines. Riparide guests who book accommodation are encouraged to journal and photograph authentic experiences about their adventure and accommodation and share them on the Riparide site. These stories are shared with guests, new and existing, to grow the community and the platform.
“Our customers have now experienced over 10,000 moments of fulfillment through their Riparide escapes, through our partnerships with our incredible host community. As we grow into new regions across the globe, we’re thrilled to have Cloudbeds make the experience of hosting adventure travelers simple and low effort for our hosts today and into the future,” explains Nate Sampimon, CEO of Riparide.
“Our partnership with Riparide is part of Cloudbeds’ strategy to ensure our customers have access to an extensive variety of distribution channels, especially those focused on domestic leisure travel,” says Sebastien Leitner, VP of Partnership for Cloudbeds. “Domestic travel channels will be critical for the industry’s recovery as international and business travel remains restricted.”
Founded in 2012, Cloudbeds is the hospitality industry’s fastest-growing technology provider, serving a global clientele of 22,000+ independent properties across 157 countries. Its award-winning Cloudbeds Hospitality Platform seamlessly combines operations, revenue, distribution, and growth marketing tools with a marketplace of third-party integrations to help hoteliers and hosts grow revenue, streamline operations, and deliver memorable guest experiences.
Our purpose at Riparide is to inspire people to unplug from modern-day trappings and head outdoors in search of fulfilling moments. Seek out a beautiful waterfall, step out of a cabin into the wilderness, paddle out for a morning surf or abseil down a cliff face. It’s about pursuing those peaceful, exciting and challenging moments that restore balance and bring fulfillment to our lives.