BUSINESS TRAVEL

Uplift Adds New Credit Line of $68 Million for Travel Payments Service

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."

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RDU passengers can now confirm their identities with eyes or fingers.

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RDU passengers can now confirm their identities with eyes or fingers.

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FEATURES AND ADVICE

BrainHQ Studies Importance of Brain Training for Space Travel

BrainHQ | March 10, 2023

BrainHQ, a brain training system, has recently announced the conclusion of its pilot study, showing that brain training can help space travel. The research was conducted with computerized brain training and Posit Science marketed it. The researchers found that space travel has a hazardous impact on the brain because of the gravitational forces involved in liftoff and landing, radiation, microgravity, and isolation. These impacts resulted in effects like intracranial pressure, impaired vision, vestibular dysfunction, altered fluid levels in veins and arteries, white matter changes, and premature aging. They grouped the astronauts having qualities like age, education and discipline who are employees from the Johnson Space Center for the Increasing Cognitive Ability/Reserve Using Software (ICARUS) pilot study. It tested their cognitive performance through its assessments and Cognition Test Battery, a software-based test dedicated to NASA. It trained five of these participants for about 15 hours of training, 18 sessions and over the 90 days. They improved on internal measures of its exercises with a 71% increase on average in primary performance metrics. On the NASA Cognition Test Battery, they showed 19% gains on average. With preliminary findings, the pilot study provided data and feasibility for further research. CEO of Posit Science, Dr. Henry Mahncke said, “These are exciting results in a new area, which is literally about the New Frontier.” He added, “Whether it’s returning to the moon or colonizing Mars, we know that addressing the cognitive challenges of long-term space flight is essential. These results fit nicely with what we’ve seen in building cognitive reserve in older adults and people recovering from brain injury and brain fog, as well as improving peak performers — such as special forces, law enforcement, or athletes — expected to perform at superhuman levels under extreme time and performance pressures.” (Source – Globe Newswire) About BrainHQ Headquartered in San Francisco, California, BrainHQ, a wellness and fitness services provider, has improved mental ability and performance since 2002. The international team of neuroscientists and brain experts tested its brain training system. Its exercise is scientific-based, and researchers validated its real benefits in their published papers. The experts design, test and redefine its online exercises for cognitive issues, healthy aging and mental conditions. It uses a special algorithm to adapt difficulty in each exercise at the optimum level. Its exercises are divided into different levels for a flexible period, depending on the personal training goals, on any computer or mobile device.

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COMMERCIAL TRAVEL

Solutions Travel Announces Partnership with Spotnana

Spotnana | March 15, 2023

Solutions Travel, a travel management company, has recently announced its partnership with Spotnana. Through this partnership, it would use Spotnana’s travel-as-a-service platform as the core infrastructure for its travel business. It will utilize Spotnana’s complete platform along with Spotnana’s Online Booking Tool, System of Record, Booking Engine, Agent Desktop, and Content Engine. It offers personalized and VIP services from experienced travel agents, available 24/7 for the whole year with a multilingual facility. Clients can reach it through all communication channels like text, chat, email, and phone. It integrates these communication channels into its track service levels. It is a full-service travel management company. With Spotnana’s platform, it operates worldwide and connects directly with suppliers like hotels, airlines and car rental companies. CEO of Solutions Travel, Mark Walton said, “After decades championing change, I’m excited to bring new innovation to the corporate travel marketplace through the launch of a new TMC built from the ground up on Spotnana’s new modern infrastructure.” He added, “We will deliver the most advanced travel technology, coupled with a strong service orientation, real time data, direct content sources, and other integrated components.” (Source – Business Wire) Founder and CEO of Spotnana, Sarosh Waghmar said, “We’re delighted to partner with Solutions Travel and provide the core infrastructure that enables them to power a new generation of traveler experiences.” He added, “Mark and his team are industry innovators who share our vision. We look forward to partnering on future enhancements to Spotnana’s Travel-as-a-Service platform that will add value to all Spotnana and Solutions customers.” (Source – Business Wire) About Spotnana Founded in 2020, Spotnana, a software development company for travel, offers solutions for enterprise software, infrastructure, business travel, corporate travel, and travel technology. It gives an exceptional global travel experience. It modernized the infrastructure of the travel industry for freedom and simplicity of travel. Its travel-as-a-service platform makes travel more simple and more affordable for corporations. It connects travel agencies, suppliers, and technology solutions provider partners for operational efficiency. Its ecosystem unlocks new revenue sources and innovations. It has developed advanced cloud-based travel technology dedicated to the needs of travelers.

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HOSPITALITY TRENDS

Plusgrade Adds Upstay for Its Ancillary Revenue Solutions of Hospitality Industry

Plusgrade | February 01, 2023

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